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Crude Oil
Eni Plans First Oil and Gas from Giant Cote d'Ivoire Find as Early as 2023 as more Blocks put on Offer
Italian energy major Eni plans to start oil and gas production from the giant Baleine discovery offshore Cote d'Ivoire as early as 2023 as the country put 32 mo…
Russian Federation
Russian Oil And Gas Discoveries Plunge To Five-Year Low
Russia’s oil and gas discoveries fell to the lowest in five years in the first half of 2021, after last year’s crisis resulted in steep cuts in capital expend…
Hydrogen Project
China's Sinopec to Launch Qingdao Hydrogen Facility
Chinese largest oil refiner state-controlled Sinopec is on track to launch a production facility for hydrogen used in hydrogen fuel cells at the end of December…
LNG Carrier
Qatar Places First Batch of LNG Carrier Orders with Korean Shipbuilders
Qatar has placed the first batch of liquefied natural gas carrier orders with Korean shipbuilders.
Oil Price
Opec+ Production Shortfall Widened in October
The Opec+ coalition added 230,000 b/d to collective crude output last month, meaning its production shortfall widened to 690,000 b/d at a time when consuming co…
Oil Price
Shale Operators Stay the Course Despite Oil Price Rally
After spending a year heeding investor calls for prudence, independent US shale producers are in no rush to use windfalls from surging oil prices to ramp up out…
Oil&Gas Drilling
Japanese Jack-up Rig Begins Vietnamese Drilling Job
Subcontracted by PetroVietnam, a Japan Drilling Company-owned jack-up rig has started drilling operations in waters offshore Vietnam.
Oil Refinery
Samsung Engineering Starts Shipping Modules for Dos Bocas New Refinery Project in Mexico
Samsung Engineering announced on Nov. 8 that it has started shipping modules to be used for the Dos Bocas New Refinery project in Mexico.
Oil Field
Senex Energy to Buy 2 Undeveloped Gas Fields From APLNG for A$80 Million
Senex Energy Ltd. said it intends to recommend an improved offer from South Korea's Posco International Corp. that values its equity at 852.1 million Australian…
Crude Oil
Oil Gains After U.S. Infrastructure Bill Passes, Chinese Exports Rise
Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia's state-owned producer Aramco…
Oil Price
Soaring Oil Prices Could Push for Clean Energy Faster
Oil prices have hit over $80 a barrel and a seven-year high, and with economies pushing through pandemic recovery and a good portion of the Northern Hemisphere …
Natural Gas
Biden Admin Considering Shutting Down Another Pipeline, Drawing Criticism and Dire Warnings As Winter Nears
The Biden administration's energy policies have drawn criticism as gas prices surge heading into the winter months
LNG
EIA: US LNG Exports Climb Week Over Week
Energy Information Administration weekly report shows that LNG exports from the U.S. climbed this week, with Henry Hub prices going down.
Crude Oil
Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…
Oil & Gas Trade
Shell Resumes Oil Exports at Mars and Ursa in the Gulf of Mexico
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has safely and successfully re-started production at its Mars and Ursa platforms in the US Gulf of M…
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