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Gas
Crude Oil
Saudi Arabia To Ship Extra Crude Oil To Asia In November
The world’s largest oil exporter, Saudi Arabia, will ship additional volumes of crude to at least three refiners in Asia in November
Hydrogen Project
NTPC, Gujarat Gas 'Blend' Hydrogen for Homes
To begin with, NTPC aims to reach out to its 200-home housing colony at Kawas near Surat by using about 100 cm/d of PNG where it will initially blend hydrogen t…
Natural Gas
Natural Gas Prices Plunge As Putin Promises More Supply
Natural gas futures mercifully slipped 10% on Wednesday after Russian President Vladimir Putin promised that the gas-rich nation would send more natural gas to …
Market Analysis
Global Oil Demand Seen Returning to Pre-Pandemic Levels Within a Year: Moody's
The ongoing recovery in demand, rising costs and reduced levels of inventory as of September 2021 will continue to support strong momentum in oil prices.
Crude Oil
Oman's September Crude Output Edges up to 764,000 b/d
Oman's crude oil output edged up in September, marking a seventh straight monthly increase as the Opec+ group, of which it is a member, continues to unwind its …
Carbon Emissions
Energy Crisis Sets Stage for Record Global Carbon Emissions
Greenhouse gas emissions had already been surging this year
Oil Exploration
4 Offshore Contracts Signed for Hydrocarbon Exploration and Production; Investments will Total US$1.4 billion
The National Hydrocarbons Agency and Anadarko Colombia Company signed 4 contracts for the exploration and production of hydrocarbons in the Colombian Caribbean,…
Hydrogen Project
Equinor Launches a Multibillion-Dollar Blue Hydrogen Plan
Equinor ASA, the flagship producer of oil and gas giant Norway, is investing billions of dollars in blue hydrogen on a bet that it can make the fuel more cleanl…
Crude Oil
ExxonMobil Increases Stabroek Resource Estimate to Approximately 10 Billion Barrels
ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barre…
OPEC
Opec+ Output up by 650,000 b/d in September
Opec+ output rose sharply in September, pushed higher by production recoveries in Nigeria, Angola and Kazakhstan and by a notable increase from Iraq.
LNG
Vietnam Approves New $2.3 bln LNG Project
The plant, which is based in the central province of Quang Tri, will have an initial capacity of 1,500 MW, the government said in a statement
Crude Oil
Oil Rises 4% in Week as Energy Crunch Shows no Signs of Easing
Even with worldwide demand growing as economic activity rebounds from pandemic lows, the Organization of the Petroleum Exporting Countries and allied producers …
Natural Gas
Natural Gas Prices Drop as Putin Says Russia will Boost Supplies to Europe
According to trading data from the ICE, the price of November gas futures on the Dutch TTF index started trading at almost $1,260 per thousand cubic meters on T…
Crude Oil
Iraq in Advanced Talks with IOCs Over Boosting Oil Capacity to 8 mil b/d by 2027
Iraq, OPEC’s second-biggest producer, is in advanced talks with international oil companies over boosting the country’s production capacity to 8 million b/d b…
Ammonia
J-Power, Origin Team up on Green Ammonia in Australia
Japanese power producer and wholesaler J-Power and Australian utility and gas firm Origin Energy will cooperate to develop a green ammonia business in Australia…
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