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Oil Pipeline
Russia Accelerates Nord Stream 2 Project to Beat U.S. Sanctions
Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project designed to feed more natural gas …
Crude Oil
Cambodia Starts First Crude Oil Production After Years of Delays
Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore’s KrisEnergy Ltd and the government, both…
Oil Price
Oil Jumps On Significant Crude Inventory Draw
Crude oil prices rose further today after the Energy Information Administration reported an oil inventory draw of 6.1 million barrels for the week to December 2…
Oil & Gas Trade
Angolan Crude Exports Confirmed Lower in February
The final version of Angola's February crude loading programme sets exports at 1.13mn b/d, down from 1.18mn b/d scheduled for January.
LNG
China’s Sinopec Plans Record LNG Imports to Battle Cold Snap
Sinopec Corp pledged on Tuesday to maximise domestic gas productions and raise imports of liquefied natural gas to record rates as a cold spell hitting large pa…
Oil Field
KrisEnergy Starts up Cambodia’s First Offshore Oil Field
KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Block A concession on 28 December 2020.
Oil Field
Lukoil Reaches Oil Output Milestone on North Caspian Sea Fields
Russian independent oil company Lukoil has exceeded a cumulative production of 35 million tonnes from its Yury Korchagin and Vladimir Filanovsky fields in the N…
Natural Gas
PetroChina to more than Double Sichuan Shale Gas Output by 2025
That will surpass a target set by Sinopec, which led China's shale gas development with the first commercial find at Fuling, also in the Sichuan basin, and whic…
Crude Oil
Video: China's Largest Oil-and-Gas Field Reports Record Output
China's largest oil-and-gas field has produced over 60 million tonnes of oil equivalent of crude oil and natural gas so far this year, hitting a record high.
Crude Oil
Oil Price Rally Fades as OPEC’s Plans Overshadow U.S. Stimulus
A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming n…
Oil&Gas Drilling
Eni: New Oil Discovery and New Production in the Western Desert of Egypt
New oil resources discovered in the Western Desert of Egypt with a new exploration well in Meleiha Concession. The new discovery adds 10,000 barrels of oil per …
Oil Pipeline
Russian Nord Stream 2 Pipe-Laying Vessel Leaves German Site, Indicating Project Progress
Fortuna was now heading for the north German port of Wismar, the data showed.
Crude Oil
Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit o…
Oil&Gas Drilling
Santos Grabs Exploration Permit off Australia
Australian energy major Santos has been granted an offshore exploration license in Australia’s Northern Carnarvon Basin.
Oil & Gas Trade
Minister Says Iran Welcomes Russian Companies' Investment in Oil Sector
Iran's Minister of Petroleum Bijan Namdar Zanganeh invited Russian companies to invest in his country's oil industry.
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