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Oil Price
India and Saudi Arabia Spar Over Oil Prices
The decision by OPEC+, the Organization of the Petroleum Exporting Countries and its allies, at the start of this month to leave output unchanged despite a near…
Oil & Gas Trade
Sinopec Signs 10-Year Deal with Qatar Petroleum for 2 m tons of LNG
China Petrochemical Corp, or Sinopec Group, has signed a long-term purchase and sales agreement with Qatar Petroleum to buy 2 million tons of LNG from Qatar Pet…
Oil & Gas Trade
Fourteen U.S. States Sue Biden Administration over Oil and Gas Leasing Halt
In an attempt to challenge the pause on new oil and gas leasing on federal lands and waters, 14 U.S. states have filed lawsuits against President Joe Biden’s a…
Energy Saving Products
Investigating the Role of Cobalt in Rechargeable Batteries to Develop more Effective Cobalt-Free Cathodes
Many automotive companies worldwide are currently investing in the development of electric vehicles, which could help to reduce greenhouse gas emissions.
Energy Investment
Air Liquide to Invest €8bn in the Low-Carbon Hydrogen Supply Chain
Air Liquide is accelerating its hydrogen developments to at least triple its turnover to more the €6bn by 2035, the industrial gas giant has confirmed.
Crude Oil
Uganda Postpones Launch of the East African Crude Oil Pipeline to April
The Ugandan government has announced that it has pushed back the launch of the East African Crude Oil pipeline to April following the death of Tanzania’s presi…
Oil&Gas Drilling
Masirah Completes Oil Project in Oman
Muscat-based Masirah Oil, which operates Block 50 off Oman’s east coast, has completed the planned upgrade of a mobile offshore production unit to 30,000 barre…
Oil&Gas Drilling
UK Seeks to Drill more Oil and Gas from North Sea
More oil and gas wells are to be drilled in the North Sea, the UK government has announced.
Crude Oil
OPEC+ Will Keep A Lid On Oil Production
OPEC+ will likely decide to keep oil production essentially steady for another month.
Crude Oil
Oil Slips On Small Crude Inventory Build
U.S. crude oil inventories went up by 1.9 million barrels in the week to March 19
Carbon Emissions
White House Adviser to Meet Oil on Climate Goals
President Joe Biden's administration is due to propose new regulation on methane from oil and gas operations by September, McCarthy said in a previous interview
Oil Pipeline
Nord Stream 2 Pipelaying could End by October
Pipelaying on one of the twin lines that compose Russian state-controlled Gazprom's 55bn m³/yr Nord Stream 2 gas route might not be complete until winter, a re…
Oil Field
118,500 Oil & Gas Wells To Be Drilled Worldwide Through 2022
After a challenging 2020, the oil and gas demand recovery – supported by vaccination efforts and OPEC+ supply cuts – is proving good for drilling activity.
Oil & Gas Trade
China: Shenergy Group & Total Energy LNG Marketing Partnership
Total and Shenergy Group, the leading energy player in Shanghai, have signed binding agreements for the supply of up to 1.4 million tons per annum of LNG from T…
Crude Oil
Saudi Arabia Tops China’s Jan-Feb Crude Imports
Saudi Arabia remained the top crude supplier to China in the first two months of this year, Chinese customs data show.
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