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Oil Field
Petrobras Reaches New Production Record at Búzios Field
Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.
Crude Oil
OPEC Adjusts Oil Demand to 8.9 Million bpd for 2020
The Organization of the Petroleum Exporting Countries, yesterday, revised downward its world oil demand in 2020.
Oil & Gas Trade
Venezuela Restarts Gasoline Output At Only Operating Refinery
Venezuela's state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world's largest oil reserves that is …
Thermal Plant
Wärtsilä Wins 200 MW Power Plant Contract
Project in Northern Andes nation will incorporate 11 50SG engines.
Hydrogen Fuel Stations
Enagás Gets EU Support to Develop 16 Natural Gas, Hydrogen Stations
The company is coordinating the ECO-net Project, which aims to contribute to transport decarbonisation by introducing LNG, biogas and green hydrogen as fuels.
Crude Oil
The Middle East Nation Reopening its Doors to Iraqi Oil
It will also serve to consolidate the Shia crescent of power falling across the region by dint of Iran, and its prime backers, China and Russia.
Oil&Gas Drilling
Oil And Gas Drilling Set For A Multi-Decade Low In 2020
The number of drilled wells globally is expected to reach around 55,350 this year, the lowest since at least the beginning of the century.
Crude Oil
Oil Rises Slightly Ahead of OPEC+ Meeting
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June.
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
“What you will see is most shipowners and insurance and captains are simply going to turn away from Venezuela,”
Crude Oil
Iran Expands Oil Production Capacity
Iran is taking a step that would seem counterintuitive in an environment of subdued demand for oil and oil products.
Oil Price
Oil Down as Opec+ Prepares to Lower Output Quotas
Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts even as the coronavirus sur…
China Energy
China Sinochem's Quanzhou Petchem Project Start Delayed to Late-August
China Sinochem Group's Quanzhou 32.5 billion yuan ($4.64 billion) petrochemical expansion project is aiming to start trial operations in late August.
India's EESL Signs Deal to Initiate Trigeneration Projects
In India, state-owned agency Energy Efficiency Services Limited has partnered with gas energy company GAIL to conduct trigeneration projects.
Purchase P/F NUOVOPIGNONE Gas Turbine
Tender are invited for Purchase P/F NUOVOPIGNONE Gas Turbine
LNG
Cyprus Starts Work on First LNG Import Terminal
Cyprus has started building its first LNG import facility at Vassilikos, the nation’s largest and most expensive energy project.
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