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Crude Oil
China's March Crude Oil Imports Rose 4.5 Per Cent y/y on Stockpiling
China's crude oil imports in March rose 4.5 per cent from a year earlier, according to official customs data.
Oil Price
Saudi Arabia Cuts May Crude Prices to Asia by $4.2 Per Barrel
Saudi Arabia's state oil giant Aramco has set the May price for its Arab light crude oil to Asia at a discount of $7.3 to the Oman/Dubai average.
Greenhouse Gas Emissions
Japan's 2018/19 Greenhouse Emissions Fall 3.9% to Record Low
Japan's greenhouse gas emissions fell 3.9 per cent to a record low in the year ended March 2019.
Nuclear Power Plant
Rosatom Facility Awarded to Design the New Russian Megascience Installation that Would be Used for Anti-virus Research
The Central Design and Technological Institute, an enterprise of Rosatom’s TVEL Fuel Company, has signed the government awarded contract for design of the Cent…
LNG
New Arctic Projects will Proceed as Planned, Despite a Sharp Drop in LNG Exports
Amid a world economic crisis, the Russian gas company Novatek is shipping less liquefied natural gas than it was just a few months ago.
Oil&Gas Drilling
Non OPEC+ Crude Oil Supply Cuts
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Sunday to reduce output by 9.7 million barrels per day (bpd).
Oil Shale
U.S. Shale Production To Drop By Record Amount In April
The EIA expects U.S. shale oil production to drop next month to 8.526 million barrels per day in the seven most prolific shale basins in the United States, acco…
Crude Oil
Opec+ Plans to Cut Output by 20mn bpd: Trump
Top global oil producers are considering slashing output by 20mn barrels a day under the terms of a deal to boost prices, US President Donald Trump said on Mond…
Combined cycle power plant
Shanghai Electric’s 225MW CCPP Begins Operations in Bangladesh
Shanghai Electric Group’s first combined-cycle power plant (CCPP) in Bangladesh has entered into the commercial operations.
Oil&Gas Drilling
OPEC, Non-OPEC Reach Oil Cuts Deal Amid COVID-19
An emergency video conference between OPEC and non-OPEC ministerial partners, chaired by Saudi Arabia, ended on Sunday.
Oil Price
Non-Opec Members Will Also Need to Cut Output to Balance Oil Price
Not just production cut upfront, they have also decided to cut production all the way to April 2022.
Expansion Of Power Station At Tallawarra In New South Wales
Tallawarra Power Station is located near Shellharbour Airport. During the early consultation phase of the project, concerns were raised by the airport users tha…
CCGT
Economics Shift Further Towards Gas Generation in Europe
Demand destruction due to lockdowns has shifted the relative economics of Europe's fossil power generators towards gas.
Crude Oil
Mexico to Cut Oil Output by 100,000 Bpd from May: Officials
Mexico will reduce its oil output by 100,000 barrels per day (bpd) from May after top oil producers collectively agreed to cut production by 9.7 million barrels…
Oil&Gas Drilling
LUKOIL Moves to Next Stage of North Caspian Field Development
Russian oil major LUKOIL said on April 10 the company has moved on to the next stage of facilities construction for the Valery Grayfer field being the launch …
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