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Oil
Crude Oil
China Begins Releasing Oil from Its Strategic Reserves
China is releasing some oil from its strategic reserves days after the U.S. invited it to participate in a joint sale, suggesting the world’s two biggest oil c…
Crude Oil
EIA Sees Brent Oil Price Falling To Average $72 In 2022
EIA: Crude oil prices are set to decline next year from the current levels of around $80
Natural Gas
Lukashenko would not Dare Cut Gas Supplies to EU without Kremlin’s Permission
Belarus’ authoritarian President Alexander Lukashenko threatened to cut gas supplies to Europe transiting his country if the European Union imposed further san…
Solar Power Plant
ALGERIA: Sonatrach to Build a Solar Park for Its Oil Sites
The National Company for research, production, transport, processing and marketing of hydrocarbons will carry out on its own funds, a photovoltaic plant in the …
LNG
South Korea Dominating Global Floating Liquefied Natural Gas Facility Market
South Korea is dominating the global floating liquefied natural gas facility market.
LNG
Milestone Shipment of LNG will Catalyse Growth of Gas Economy in South Africa
DNG Energy has received South Africa’s first-ever consignment of liquefied natural gas from Rotterdam, Netherlands in a historic moment for the South African e…
Natural Gas
ADNOC Hands Out $1.5 billion in New Deals to Progress Mega Gas Project
UAE’s oil and gas giant ADNOC has awarded two engineering, procurement, and construction contracts totalling $1.46 billion (AED5.36 billion) for the Dalma gas …
Oil Field
Ecuador Clears Repsol to Sell Oil Blocks to New Stratus
Ecuador's government authorized Spain's Repsol to sell its 35pc operating stakes in two heavy oil blocks to Canadian independent New Stratus Energy.
Natural Gas
Korea Gas' Oct LNG Sales Rise 16% on year Amid Nuclear Maintenance, Energy Transition
South Korean state-owned Korea Gas Corp.'s LNG sales rose 15.8% year on year to 2.655 million mt in October, a company official said Nov. 18, driven by the shut…
Oil Pipeline
Israel Energy Minister Says UAE Oil Pipeline should be Cancelled
Opposition from environmental groups has forced the Israeli government to reconsider one of its biggest deals with the UAE.
Natural Gas
Bolivia Presides Over the 23rd Ministerial Meeting of the Gas Exporting Countries Forum
Meeting emphasises the importance of joint efforts in the field of natural gas development and energy market stabilisation
Crude Oil
Japan to Subsidise Refiners to Ease Oil Price Impact
Japan is planning to give subsidies to the country's refiners for the first time to offset the impact of surging oil prices on domestic oil product values.
Hydrogen Project
Khaled bin Mohamed bin Zayed Launches Global Green Energy Venture to Position UAE at Forefront of Energy Transition
H.H. Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the E…
Crude Oil
Nigeria to Stage for Oil, Gas Investment in U.S.
Amid global energy transition and changes in the sector to accommodate the exigencies of climate change and carbon reduction, Nigeria is making efforts to stage…
Crude Oil
Adipec 2021: Adnoc to Invest $6bn in drilling as it boosts crude oil production capacity
More than $1.8bn worth of Drilling-Related Equipment will be Made in the UAE
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