Oil

Australia
Australia to See 118 Oil and Gas Project Starts by 2025
Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.
CNOOC
CNOOC Flows First Gas from Liuhua 29-2 field
Chinese oil and gas giant CNOOC Limited has produced first gas from the Liuhua 29-2 gas field located in the South China Sea.
Oil Price
Saudi Arabia Could Slash Deficit To Below 5% Of GDP At $60 Oil
The world’s largest oil exporter, Saudi Arabia, could see its budget deficit drop to below 5 percent of gross domestic product this year if oil prices average …
Crude Oil
Oil Moves Higher On Largest Crude Draw Since January
Oil prices moved higher after the Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 30.
Crude Oil
U.S. Energy Production Saw Steepest Drop On Record In 2020
Due to economic responses to the pandemic, U.S. energy production dropped by 5 percent last year, marking the steepest annual decline on record.
Crude Oil
Energy Group Total Starts Production at Angolan Oil Project
French energy group Total has started production at its Angolan Zinia Phase 2 project, which has estimated resources of 65 million barrels of oil, it said on Th…
Floating Offshore Wind
South Korea’s First Floating Wind Farm Project Passes Preliminary Feasibility Study
Korea National Oil Corp., which operates oil and gas fields, welcomed the green light from the Korea Development Institute as a “significant starting point” f…
Crude Oil
BHP Produces First Oil from Ruby Project
Oil and gas company BHP has produced first oil production from the Ruby project, which is located offshore Trinidad and Tobago.
Natural Gas
China Gas Use to Rise 10pc in 2021: Sinopec, PetroChina
China's state-controlled energy firms are expecting domestic gas demand growth to accelerate this year, as the economy recovers and consumption of the fuel is b…
Oil & Gas Trade
Italy’s April Gas Imports Hit Long-Term High
Italy's gas imports in April were the quickest for any month in almost nine years, because of strong heating demand and the need to start injecting under the co…
Oil Pipeline
Putin Says Nord Stream 2 Pipeline
This picture posted on the website of Russian energy giant Gazprom shows Nord Stream 2 pipe-laying operations in German territorial waters.
Oil Refinery
Sinopec Q1 Net Profit $2.9 bln, Refinery Output Surges 16 per cent
Asia's top oil refiner, also known as Sinopec, posted a 19.15 billion yuan loss during the same period last year under international accounting standards, as th…
Oil & Gas Trade
Iraq May Import Egyptian Gas Through Syria
Syria is connected to Egypt through the Arab Gas pipeline, which stretches across 1,200km
Crude Oil
Titan LNG’s Second FlexFueler Springs into Action
Titan LNG, a Dutch independent LNG supplier, has completed a bunkering operation with its recently commissioned FlexFueler 002.
Major Chinese Investors Could Buy Stake In Aramco
Major Chinese investors, including the sovereign wealth fund China Investment Corporation and Chinese national oil companies, are the ones looking to buy a stak…

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Oil

Australia to See 118 Oil and Gas Project Starts by 2025

CNOOC Flows First Gas from Liuhua 29-2 field

Saudi Arabia Could Slash Deficit To Below 5% Of GDP At $60 Oil

Oil Moves Higher On Largest Crude Draw Since January

U.S. Energy Production Saw Steepest Drop On Record In 2020

Energy Group Total Starts Production at Angolan Oil Project

South Korea’s First Floating Wind Farm Project Passes Preliminary Feasibility Study

BHP Produces First Oil from Ruby Project

China Gas Use to Rise 10pc in 2021: Sinopec, PetroChina

Italy’s April Gas Imports Hit Long-Term High

Putin Says Nord Stream 2 Pipeline

Sinopec Q1 Net Profit $2.9 bln, Refinery Output Surges 16 per cent

Iraq May Import Egyptian Gas Through Syria

Titan LNG’s Second FlexFueler Springs into Action

Major Chinese Investors Could Buy Stake In Aramco