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Oil & Gas Trade
Saudi Diesel Imports From Russia, Exports to Singapore Hit Records
Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volume…
Oil & Gas Trade
China’s Fuel Oil Imports Soar Due to Curbing Bitumen Blend Intake
China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspectio…
LNG
Pakistan LNG Withdraws Termination Notice to PGPC
ISLAMABAD: Pakistan LNG Limited (PLL) on Monday withdrew its termination notice for the operation and services agreement (OSA) with the Pakistan GasPort Consort…
Offshore Wind Power
Fossil Fuel Dinosaurs Spot Major Opportunity in Australian Offshore Wind
Image: OrstedThe ASX-listed Beach Energy oil and gas company is considering a strategic pivot into Australian offshore wind development, and has tied up with le…
Oil Exploration
ExxonMobil: Africa to Remain Relevant in Oil Exploration in Years to Come BUSINESS | 2 hours ago
ExxonMobil will continue the search for big new oil and gas fields that can help fund alternative energy sources such as LNG and renewables, even as the thresho…
Natural Gas
Gas Price Average in San Diego County Rises for 11th Time in 12 Days
Photo by: David Duprey/ASSOCIATED PRESSFILE - Bob Krueger holds up a gasoline pump nozzle for a photo after filling up a tank at his gasoline station in Clarenc…
Oil & Gas Supply
Aker BP Makes a 40-90 Mboe Oil Discovery in the North Sea off Norway
The Norwegian oil exploration company Aker BP has made a significant oil discovery in the North Sea off Norway, with preliminary estimates indicating a gross re…
Crude Oil
Asia’s Crude Imports Jump in May as China, India Suck up Russian Oil: Russell
LAUNCESTON, Australia, May 29 (Reuters) - Asia's imports of crude oil are on track for a strong rebound in May as the region's two biggest buyers, China…
Oil & Gas Trade
Saudi Arabia Imports Russian Oil, Sends Its Own Supplies to EU
A report by Bloomberg shows that Saudi Arabia has become Europe's largest oil supplier as Riyadh buys record amounts of Russian crude oil for domestic use.S…
Offshore Wind Power
Australian Oil and Gas Company Beach Makes Move Into Offshore Wind
Image: EDF Renewables.Australian oil and gas company Beach makes move into offshore windShareTweetAustralian oil and gas company Beach Energy has made its first…
Renewable Diesel
‘Abnormal’ EU Biodiesel Imports Hit Rapeseed Market: Fediol
An "abnormal" rise in imports of biodiesel classified as waste-based has hit rapeseed prices in Europe, vegetable oil industry group Fediol said, calling for an…
Oil Field
Aramco to Develop 400 MCF per Day Iraqi Gas Field
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani…
Oil & Gas Trade
GECF’s Secretary General Commends UAE for COP28 Leadership, Anticipates Resounding Success
Doha, QATAR – 28 May 2023: The Secretary General of the Gas Exporting Countries Forum (GECF), HE Eng. Mohamed Hamel, held a virtual meeting today with HE …
Natural Gas
The Increasing Number of Offshore Projects Along With the Rising Production of Shale Gas Globally Will Garner the Requirement for Offshore Drilling Risers
The global offshore drilling riser market was estimated to reach a valuation of USD 3.8 Billion in the year 2022. With a steady CAGR of 2.2% from 2023 to 2033, …
Natural Gas
Falling Gas Prices Calm Europe After Energy Crisis
Benchmark Dutch futures drop for eight straight weeks to the lowest since May 2021European gas prices could fall even further, below €20 a megawatt hour, i…
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