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Oil & Gas
OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
Oil Price
08-06-2020
OPEC+ Extension Sets up Very Favorable Oil Price Conditions for the Rest of 2020
Russia and Saudi Arabia have just made a completely irrational effort to flood the global oil market.
Crude Oil
07-06-2020
Rig Count Plunges Below 300 in 13th-Straight Week of Losses
The number of operating drilling rigs in the U.S. fell below 300 for the first time, as energy companies continue to shut down oil-field operations amid low crude prices.
Crude Oil
06-06-2020
OPEC+ Meetings Postponed Until Mid-June
The OPEC+ group has postponed its technical and monitoring meetings until the middle of June.
Crude Oil
06-06-2020
Crude Oil Futures Rise on Spot Demand
Crude oil prices on Friday rose Rs 9 to Rs 2,826 per barrel as participants widened their positions on firm spot demand.
Crude Oil
06-06-2020
Indonesia Sees Product Demand Up 160,000 b/d by 2026
Indonesia expects domestic oil product demand to increase by 12pc or around 160,000 b/d by 2026, but an expansion of refinery capacity should eliminate the need for imports.
Crude Oil
05-06-2020
US Refiners Spread Out Heavy Maintenance Plans
Efforts to slow the spread of Covid-19 will lead to heavier US refinery maintenance over the next year.
Oil Field
05-06-2020
KrisEnergy Suspended Production at its Wassana Field Because of Oil Prices
KrisEnergy's operating Wassana field has been suspended pending further notice.
Market Analysis
05-06-2020
US Working Natural Gas Volumes in Underground Storage Rise 102 Bcf on Week:EIA
US working gas in storage increased by 102 Bcf last week, which was less than the market expected, but Henry Hub futures remained static following the report.
Africa Energy
04-06-2020
Libya Oil Production Comes to Halt as Economy Affected
The civil war enforced by the warlord Khalifa Haftar in Libya has brought oil production and exports to a grinding halt, creating financial strain on the UN-recognized Libyan government based in capital Tripoli.
Oil Pipeline
04-06-2020
Bulgaria Expects to Finish Russian Gas Pipeline on Time
Bulgaria says it aims to build on time its stretch of a pipeline that will bring Russian gas to Europe, despite unforeseen delays due to the COVID pandemic.
LNG
03-06-2020
Shell Weighs Sale of $2 Billion-Plus Stake in Queensland LNG Facilities
Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia, according to a sale flyer reviewed.
LNG
03-06-2020
Gazprom Threatened with 50 mln Euro Fine by Polish Regulator for Lack of Cooperation
"President of the Office of Competition and Consumer Protection initiated proceedings against Gazprom for lack of cooperation during an anti-trust investigation," the statement said.
Oil Price
03-06-2020
Bulgaria to Set up a State-Owned Oil Company
Bulgaria plans to set up a state oil company to manage oil and fuel warehouses and set up filling stations across the country to increase competition.
Oil Price
03-06-2020
Oil Moves Lower as U.S.-China Tensions Weigh
Oil futures steadied on Monday as rising U.S.-China tensions weighed on sentiment, but prices drew support from reports that OPEC and Russia were close to a deal extending output cuts.
Oil Field
03-06-2020
Nigeria's Revenue Burden to Ease off as DPR Announces Bids for Marginal Oilfields
Federal High court in Lagos against the FG on the revocation of 2 oil field licenses, DPR has gone ahead to announce its first licensing round.
LNG
03-06-2020
Consortium Commits $15bn Toward LNG Project in Mozambique
A mozambican LNG project is expected to sign an agreement in June 2020 with financing commitments of $15 billion.
Oil & Gas Trade
03-06-2020
US Sanctions Four Shipping Firms for Transporting Venezuelan oil
The US Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in Washington's effort to oust socialist President Nicolas Maduro by cutting off the OPEC nation's crude exports.
Oil & Gas Trade
02-06-2020
Mexican Firm in Oil Swap with Venezuela Declares Bankruptcy
A Mexican firm that was instrumental in an oil-for-water swap scheme with the Venezuelan government has declared bankruptcy.
Oil & Gas Trade
02-06-2020
U.S. LNG Exporters Face New Test as China Tensions Resurface
U.S.-China tensions have bubbled up again, and commodity markets could be caught up in the turmoil, not least LNG.
Oil & Gas Trade
02-06-2020
Iran Ready to Send More Fuel to Crisis-Stricken Venezuela
Iranian Foreign Ministry spokesman Abbas Musavi says Tehran will continue to export fuel to Venezuela if the South American country requests more supplies.
Oil & Gas Trade
02-06-2020
Putin, Trump Discuss G7 Summit, Oil Markets Over Phone
Russian President Vladimir Putin spoke by phone with U.S. President Donald Trump at the initiative of the United States.
Oil Price
01-06-2020
Australia:Tasmania to Introduce Mandatory Fuel Pricing
The Tasmania state government has announced it would impose a mandatory real-time fuel price reporting mechanism on retailers in order to put downward pressure on costs at the bowser.
Oil Field
01-06-2020
Kazakhstan to Build Gas Processing Plant at Kashagan
Kazakhstan intends to build a gas processing plant at oilfield in west of Kazakhstan – Kashagan, Minister of Energy Nurlan Nogayev told a briefing on May 27.
Market Analysis
01-06-2020
Opec's President Calls for an Earlier Meeting of Producers
The proposal would allow members to factor any policy changes to Opec+ cuts ahead of their monthly export allocations
Oil Price
01-06-2020
Oil Price Crash to Fuel Japan and South Korea's Coal-to-Gas Switch
LNG volumes sold on an oil-indexed basis could become cheaper.
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Most views from Oil & Gas
1
Top U.S. LNG Exports: China's Gas Demand Is Booming
2
Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal
3
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
4
TC Energy Has Submitted Plan To Restart Keystone Oil Pipeline After Spill - Source
5
Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
6
U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
