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Crude Oil
Saudi Arabia Tops China’s Jan-Feb Crude Imports
Saudi Arabia remained the top crude supplier to China in the first two months of this year, Chinese customs data show.
Natural Gas
Venezuela Gas Pipeline Tract Explodes; Oil Minister Blames Attack
Oil Minister Tareck El Aissami in a brief statement on state television late on Saturday called the incident a "terrorist attack," without providing details abo…
LNG
Russia Says LNG Production Capacity Could Jump Threefold By 2035
Russia’s government approved on Monday the country’s long-term development program for LNG, expecting production capacity to rise threefold from current level…
Crude Oil
Aramco on Track to Raise Output Capacity to 13 million bpd, CEO Says
Amin Nasser remained optimistic about a broader recovery in the oil markets as vaccine rollout picks up pace
Natural Gas
Fair and Just Energy Transition not Likely Without Natural Gas: IGU President Kang
The role of natural gas as an enabler in the energy transition while underpinning economic activity will be an important theme in the international energy discu…
Crude Oil
India’s Crude Oil Throughput Hits Four-Month Low in February
India’s crude oil processing fell to its lowest in four months in February, retreating from a near one-year high hit in the prior month hurt by higher crude pr…
Natural Gas
National Grid Buys Western Power Distribution, Sells Narragansett Electric
UK-based transmission operator National Grid has agreed to acquire Western Power Distribution’s holding company PPL WPD Investments from PPL WPD, for an equity…
Thermal Plant
Wärtsilä Converts Taiwanese Cogen Plant to Natural Gas
Taiwanese power generation company Ta-Yuan Cogen has selected technology firm Wärtsilä to reduce its reliance on heavy fuel oil for power generation.
Oil Refinery
IEA sees only one refinery operating in Australia
The International Energy Agency expects only one refinery to continue operating in Australia, implying that another refinery will close within the next five yea…
Electric Vehicle Battery
Schlumberger Building Nevada Li Pilot Plant
US oilfield services giant Schlumberger is dipping its toes into lithium extraction with a new pilot plant in Nevada as automakers boost production of battery-p…
Biden Administration To Enforce Trump-Era Sanctions On Iran Oil Shipments
A key tenet of the prior Trump administration's crackdown on China and Iran was to punish those Chinese companies caught transferring sanctioned Iranian oil,
Oil Pipeline
Biden Weighing New Sanctions to Block Russian Gas Pipeline
The Biden administration is weighing additional sanctions to block construction of the nearly completed Nord Stream 2 pipeline from Russia to Germany
Oil & Gas Trade
India to Cut Saudi Arabian Oil Imports After OPEC Ignores India Demand
Weaker demand due to increasing Covid-19 cases or regular maintenance shutdowns may also contribute to lower purchase from Saudi Arabia in May, they said.
LNG
Video: Establishing Mozambique As A Global LNG Player
Africa Oil & Power spoke to Carlos Zacarias, CEO, INP about Mozambique’s enormous resource potential, the government’s electricity expansion initiatives, and …
Crude Oil
EIA: OPEC+ Cuts To Lift Oil Prices Through April
Oil prices will likely remain at the current high levels in March and April, with Brent Crude prices averaging between $65 and $70 per barrel, after the OPEC+ g…
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