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Gas
GECF Ministerial Meeting to be Held on 16 November
The 23rd edition of annual Ministerial Meeting of the Gas Exporting Countries Forum will take place online on 16 November 2021 under the Presidency of the Pluri…
Energy Security
Residents to be Evacuated After Oil Refinery Tank on Fire in Indonesia's Central Java
An oil refinery tank in Indonesia's Central Java province caught fire on Saturday night, and residents living around the facility would be evacuated as firefigh…
Oil Field
Vietsovpetro Puts New Generation Unmanned Mini Oil Rig Into Operation
The Vietnam-Russia oil and gas joint venture Vietsovpetro has put its new generation unmanned mini oil rig BK-18A into operation.
Natural Gas
Russia: Belarus Didn’t Coordinate With Moscow Threat To Halt Gas To Europe
The threat of Belarusian leader Alexander Lukashenko to cut off transit gas supply from Russia to Europe has not been coordinated with Moscow.
India
India Looks To Increase Oil Production By Selling Stakes In Oilfields
India, which imports around 80 percent of the oil it consumes, is looking to boost its domestic oil production and has reportedly asked its state-owned producer…
Crude Oil
OPEC Cuts 2021 Global Oil Demand Forecast Again
OPEC revised down its forecast by 160,000 bpd
Natural Gas
At COP26, GECF Reminds the World “Energy for All” Achievable with Natural Gas
The Gas Exporting Countries Forum, the global platform of the leading gas producing nations, has urged the international community gathered in Glasgow.
Oil Refinery
CITIC Construction Wins bid Worth 5.7 bln USD in Iraq
CITIC Construction Co., Ltd., a subsidiary of CITIC Group, has recently won the bid for the first and second phase of the AI Khairat Heavy Oil Power Plant Proje…
Oil Field
Norway’s Johan Sverdrup to Restart After Power Glitch
Norway's state-controlled Equinor is working to restart production from the giant Johan Sverdrup oil field in the North Sea after it was shut down earlier today…
Natural Gas
Ukraine may Struggle to Rebuild Gas Stocks Next Summer
Ukraine may require gas imports through routes other than Slovakia if it is to bring its stocks in line with recent-year averages by the start of the 2022-23 wi…
OPEC
Opec Maintains 2022 Outlook and Expects Oil Demand to Surge Above Pre-Covid Levels
Based in Vienna, the group trimmed its outlook for 2021 owing to slower-than-anticipated demand from China and India
Oil & Gas Supply
Wales Pledges to Put an End to Licensed Oil and Gas Production
Wales has joined an alliance led by Denmark and Costa Rica pledging to stop licensing oil and gas production
Oil Price
Oil Prices Plunge into Close, Roiled by Inflation Fears
Oil prices slumped on Thursday, hit by a surge in the dollar after U.S. President Joe Biden said his administration was looking for ways to reduce energy costs …
Crude Oil
Eni Plans First Oil and Gas from Giant Cote d'Ivoire Find as Early as 2023 as more Blocks put on Offer
Italian energy major Eni plans to start oil and gas production from the giant Baleine discovery offshore Cote d'Ivoire as early as 2023 as the country put 32 mo…
Russian Federation
Russian Oil And Gas Discoveries Plunge To Five-Year Low
Russia’s oil and gas discoveries fell to the lowest in five years in the first half of 2021, after last year’s crisis resulted in steep cuts in capital expend…
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