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Oil Price
Global Effort Begins Again to Stabilise Oil Prices, OPEC+ Meet May be Called in Oct
A bigger global effort to stabilise oil prices involving all major oil producers including Russia is again on the cards to see that the current crisis does not …
Oil Price
Diesel Prices Fall Again on the Back of Easing Global Crude Oil Prices
Diesel prices continued to decline for the fourth consecutive day on Sunday on the back of falling global crude prices. In the national capital, diesel was pric…
Market Analysis
Ambitious EU Emissions Target Needs Nuclear, Says Foratom
The European Commission (EC) has presented a plan to reduce European Union greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels.
Oil Price
International Oil Prices Rose Significantly on the 17th
It closed at 43.3 US dollars per barrel, an increase of 2.56%.
Market Analysis
Russian Energy Minister: Global Oil Demand is Expected to Fully Recover in the Second Quarter of 2021
Russian Energy Minister Alexander Novak participated in the OPEC+ JMMC online meeting and said that global oil demand is expected to fully recover by the second…
Oil Pipeline
Future of German-Russian Nord Stream 2 Pipeline Remains Uncertain
Calls are mounting in Germany to stop the Nord Stream 2 pipeline, which will take gas from Russia to Germany.
Completion of NTA Gashua Sub Station
Tenders are invited for Completion of NTA Gashua Sub Station.
United Kingdom
British Gas Ranked Number One by UK Business Energy
Utilities giant British Gas has come out on top in a new study on the performance of UK energy suppliers to the commercial market.
Crude Oil
U.S Keeps Top Crude Oil Producer Status
Despite oil production curtailments earlier this year that are not fully back online, the United States maintained its global status as the leading supplier of …
Solar Power Plant
TUNISIA: Steg to Buy Electricity from Akuo Energy’s Solar Power Plant in Gabès
A power purchase agreement has just been signed between the Tunisian Electricity and Gas Company and the consortium developing the 10 MWp Gabès photovoltaic so…
Oil&Gas Drilling
Equinor Picks up Drilling Permit for North Sea Wildcat
The Norwegian Petroleum Directorate has issued a drilling permit to Equinor for a wildcat well located in the North Sea offshore Norway.
Oil Price
OPEC+ Panel to Meet Amid Oil Price Decline
OPEC and allies, led by Russia, are scheduled to hold an online meet on Thursday to discuss compliance with their agreed output cuts and demand trends amid fall…
LNG
China's Sinopec Buys About 10 LNG Cargoes for Winter Delivery
China's Sinopec has purchased about 10 liquefied natural gas cargoes for delivery between November and March next year.
Oil and Gas Equipment
China's First Floating LNG Storage And Regasification Plant Project Completed
This is the first time for a Chinese shipbuilding company to enter the field of global high-difficulty large-scale LNG offshore equipment modification.
Crude Oil
Venezuela Prepares To Boost Oil Production With Iranian Help
Venezuela is preparing to ramp up its crude oil production using diluents imported from Iran, citing unnamed sources and company documents.
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