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Oil Field
Shell Greenlights Gulf of Mexico 'Whale' Oilfield Project
Royal Dutch Shell announced plans on Monday to develop a new oilfield in the Gulf of Mexico, its first major project to get the go-ahead since a Dutch court ord…
Crude Oil
China To Build Airport, Houses Under Oil-For-Projects Deal In Iraq
Chinese firms are set to build an airport and 90,000 houses in Iraq as part of a 2019 agreement for crude supply in exchange for projects, an Iraqi official was…
LNG
China's Guangdong Starts Building $1 bln Huizhou Gas Terminal
ExxonMobil entered in September 2018 a preliminary deal with Guangdong province to invest billions of dollars worth of projects in the manufacturing hub, includ…
Hydrogen Production
RWE, Shell, Gasunie and Equinor Sign LOI for Offshore Hydrogen Project
The project partners RWE, Shell, Gasunie and Equinor have signed a letter of intent to strengthen the companies’ co-operation in the AquaSector project.
Oil Field
Video: Germany, US Strike Nord Stream 2 Compromise Deal
The US and Germany have struck a compromise over the controversial Nord Stream 2 gas pipeline, according to a joint statement.
Crude Oil
Pakistan: Crude Oil Imports Surge 317pc in May
Imports of crude oil increased by a whopping 317 per cent in May which translated into higher than expected production of petroleum products by local refineries…
Cyprus
Cyprus, Lebanon Sign MoU on Oil, Gas Cooperation
Cyprus and Lebanon signed a memorandum of understanding here on Friday on cooperation in the energy sector.
OPEC
Till World Shifts to Green Energy, Split Between Saudi and UAE Won't End
It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.
Crude Oil
VLCC Owners Stand to Gain from OPEC’s Decision to Raise Crude Oil Production
Owners of the largest crude oil tankers stand to gain from the recent OPEC’s decision to increase production.
Oil & Gas Trade
Israel Freezes UAE Oil Deal Over Environmental Concerns
The environmental protection ministry says the risk assessment ‘did not meet the conditions’ stipulated by the ministry.
Oil & Gas Trade
Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal
Iraq has agreed to sell Lebanon 1 million mt/year of heavy fuel oil in return for "goods and services" in a barter deal that should help OPEC's second-biggest p…
Energy Investment
Honduras Spends 52% more on Oil Imports in First 5 Months 2021
he increase in the oil bill in the first five months of 2021 is due to the rise in the international price of oil, influenced by the reactivation of the economi…
Oil Field
Iraq Approves Four Planned TotalEnergies Projects
Iraq's government has signed off on four major energy projects planned by TotalEnergies, cabinet spokesman
LNG Carrier
KSOE Receives Orders for Seven LNG Carriers
South Korean shipbuilder Korean Shipbuilding and Offshore Engineering has secured building orders for seven new LNG carriers.
Hydrogen Project
Dutch Green Hydrogen Pilot Secures Government Backing
PosHYdon will involve the installation of a 1MW electrolyser on an oil and gas platform off Scheveningen
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