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Oil & Gas Trade
Lundin Sells Its First 'Carbon Neutral' Oil as Climate Activism Grows
Sweden's Lundin Energy has sold what it said is the world's first oil cargo certified as carbon neutral at the point of production to Italian refiner Saras, the…
Oil & Gas Trade
China-Philippine Gasoil Flows Hit Record High in March
China exported a record amount of gasoil to the Philippines in March, as refinery shutdowns in the southeast Asian country supported import demand.
United States
US Energy Secretary Urges Oil Sector to Diversify
Oil companies that are slow to shift toward cleaner energy source risk of being left behind as the world reduces carbon emissions, US energy secretary Jennifer …
Oil Price
Oil Prices End the Week Down As Demand’s Rebound Gets Patchy
Oil prices fell last week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe.
Crude Oil
Nigeria’s President Restores Four Drilling Permits Revoked from China’s Addax
Nigerian President Muhammadu Buhari reversed a government decision to revoke four oil permits from a unit of China’s Sinopec.
Oil & Gas Trade
India in Talks with Guyana for Long-Term Crude Supply
India, the world's third-largest crude consumer and importer, has approached Guyana's government about a possible long-term deal to buy the South American count…
Oil Price
Qatar Petroleum Plans Debut Dollar Public Bond Sale
The world's top liquefied natural gas supplier sent banks a request for proposals for the planned debt sale in the last few weeks, the sources said, with one of…
Natural Gas
RIL, BP Announce Start of Production from Deepwater Gas Field on KG-D6
Reliance Industries Limited and bp today announced the start of production from the Satellite Cluster gas field in KG-D6 block off the east coast.
LNG
Vires Energy Obtains Nod to Proceed with LNG Hub
The Department of Energy said over the weekend it approved the application of Vires Energy Corp., controlled by A Brown Company Inc., to proceed with its propos…
Energy Investment
Oilfields Supply Center Makes $570 million Investment in King Salman Energy Park Energy Hub
Oilfields Supply Center Limited has awarded a contract to construct its OSC base in the Kingdom.
Clean Energy Transition
Amazon Inks RNG Agreement, Considers Possible Stake in Clean Energy Fuels
Clean Energy last year secured separate partnerships with BP plc and Total SE to consider expanding U.S. RNG production.
Oil Refinery
SA’s Oldest Refinery, Engen, to be Converted to a Storage Terminal
The Engen refinery in Wentworth is set to be converted into a storage terminal due to low profit margins and a challenging refining environment.
Oil & Gas Trade
Iran: Oil Exports Hit 500,000 Barrels per day
According to a Reuters statement that reveals predictions from tanker tracking firms that Iran’s crude oil exports since the beginning of the month have hit ab…
Oil Refinery
Duqm Refinery Project Marks 80% Progress
Duqm Refinery and Petrochemical Industries Company has announced that the progress in Duqm refinery project exceeded 80 per cent by end of March and increase fr…
Natural Gas
Graham: Biden Needs Natural Gas to Hit Green Energy Goals
In a letter to President Biden released Wednesday, leaders of Pennsylvania’s energy sector and its allies said Biden needs natural gas to help him reach his cl…
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