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OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
Energy Security
19-11-2020
Report Confirms Progress in Safety of Offshore Oil and Gas Operations in Europe
The European Commission has seen progress in the safety of offshore oil and gas operations in EU member states following the implementation of the safety directive.
Oil & Gas Trade
19-11-2020
China Port Tops 100 million Tonnes in Oil, Gas Throughput
Ningbo Zhoushan port, China's busiest port in the eastern province of Zhejiang, reported its oil and gas throughput exceeding 100 million tonnes in the first ten months of the year, marking the first time it reached this volume.
Oil and Gas Technology
19-11-2020
Bharat Petroleum Confident of Meeting 10% Ethanol Blending Target by 2022
And on Monday it also allowed procurement and conversion of the surplus maze into ethanol.
LNG
18-11-2020
Mexico's Costa Azul Takes First LNG Project FID of 2020
US firm Sempra Energy has taken a final investment decision (FID) on its Energia Costa Azul LNG export terminal in Mexico, making it the first liquefaction project to be approved in 2020.
LNG
18-11-2020
China Adds Two Large LNG Tanks at Shanghai Gas Terminal
China added two large storage tanks for liquefied natural gas at Yangshan receiving terminal that boosted the import facility's storage capacity by 80%.
Market Analysis
17-11-2020
Rystad: Discovered Oil and Gas Resources to Reach 10 Billion Boe in 2020
Despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year with discovered resources set to hit 10 billion boe in 2020.
Oil Field
16-11-2020
Nigeria's NNPC Says First Oil Flowing from Anyala Offshore Field
Nigerian state oil company NNPC and First E&P have begun oil production at the Anyala oilfield, NNPC announced on Thursday.
Oil & Gas Trade
16-11-2020
Natural Gas is Key to Sustainable Development Say Exporting Countries
This year’s forum for gas exporting countries assessed the current dynamics in the natural gas industry and acknowledged that the fundamentals that will drive natural gas’ projected growth to the top of the global energy mix remain unchanged.
Oil & Gas Trade
16-11-2020
China Is Rapidly Expanding Its Oil Resources In Africa
China is making a major power play to expand its global energy influence.
LNG Carrier
13-11-2020
Sinopec Unloads the World's Largest LNG Carrier for the First Time
On November 10, the Q-MAX LNG carrier Almafia, which set sail from Qatar, successfully berthed at the Tianjin LNG receiving terminal wharf of Sinopec Natural Gas Branch.
Oil Price
13-11-2020
Azerbaijan Sees Increase in Oil Price
Azerbaijani oil price has increased on the world markets
Oil Pipeline
13-11-2020
Minnesota Grants Key Permits for Line 3 Crude Oil Pipeline
Minnesota regulators have granted a stack of important approvals for Enbridge Energy’s planned Line 3 pipeline replacement across northern Minnesota.
Oil & Gas Trade
13-11-2020
Russia’s Gazprom Finds Record-High Gas Inflow on Kara Sea Shelf
Russian gas monopoly Gazprom has performed another set of tests in the upper levels of the exploration well at the Leningradskoye field of the Yamal gas production centre.
Oil&Gas Drilling
12-11-2020
Wildcat Drilling at it’s Best – Gas Discovery Southwest of the Skarv Field in the Norwegian Sea
11/11/2020 ConocoPhillips Skandinavia AS, operator of production licence 1009, has concluded the drilling of wildcat well 6507/4-1.
Oil & Gas Trade
12-11-2020
Saudi Arabia and Iraq Agree to Intensify OPEC Cooperation
The ceiling compares with Iraq’s actual production of over 4 million bpd in April.
Oil Shale
12-11-2020
ADNOC Delivers First Shale Gas from the UAE
The UAE has delivered its first unconventional gas as it takes a step closer to becoming self-sufficient in the energy feedstock.
LNG
12-11-2020
ADNOC Says Signs LNG Supply Agreements with Vitol and Total
The Abu Dhabi National Oil Company on Wednesday said that ADNOC LNG signed up to a six-year LNG supply agreement with energy trader Vitol and a two-year supply agreement with Total .
LNG Carrier
12-11-2020
MacGregor Nets Tech Order for PNE’s LNG Carrier
MacGregor, part of Cargotec, has received an order for two fixed boom cranes to be installed on a 5,400 cubic meter bunker barge.
Oil&Gas Drilling
11-11-2020
Beach Hits Gas in First Victorian Otway Campaign Well
This is the company’s first exploration well in the Victorian Otway program.
Oil & Gas Trade
11-11-2020
U.S. LNG Exports To China Expected To Grow Substantially
After a year of non-existent liquefied natural gas exports from one of the fastest-growing global suppliers, the United States, to the fastest-growing world importer, China, American LNG cargoes started to travel again to China in March this year.
Oil Price
11-11-2020
Oil Prices Tick Up With Inventory Draws Across The Board
The American Petroleum Institute (API) reported on Tuesday a major draw in crude oil inventories of 5.147 million barrels for the week ending November 6.
LNG
11-11-2020
Malaysia’s First LNG Bunkering Ops In Pasir Gudang Launched
It said the government has shown interest in expanding Malaysia as a bunkering hub in Southeast Asia.
Oil & Gas Trade
11-11-2020
Russia's Gazprom Proposes Gas Price Rise for Poland
Poland has sought to reduce reliance on Gazprom.
Vietnam
10-11-2020
PetroVietnam Fulfils 10-Month Exploitation Plan
The Vietnam Oil and Gas Group exploited an estimated 17.32 million tonnes of oil in the first 10 months of this year, surpassing the plan for the period by 2.3 per cent.
LNG Carrier
10-11-2020
TMC to Supply Compressors to Maran Gas Maritime LNG Carriers
TMC Compressors has been chosen to supply its marine compressed air system to eight LNG carriers that Daewoo Shipbuilding and Marine Engineering is building for Greek shipowner Maran Gas Maritime.
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