Oil

Oil & Gas Trade
Saudi Gas Production Jumps To Record
Saudi Arabia produced a record volume of natural gas earlier this year, the Kingdom’s state oil giant Aramco said in its Q3 results release on Tuesday.
Oil & Gas Trade
French Company Abandons Plans to Import US Gas
The company had been in talks on a nearly $7 billion contract to supply LNG from a liquefaction facility that NextDecade plans to build in Texas to use the ampl…
Oil Field
Sudan to Start Producing Oil at Al-Rawat Oilfield within Two Weeks
Sudan has been trying to lift oil production to lower costly fuel imports after losing 73% of oil output when South Sudan seceded in 2011.
Oil&Gas Drilling
Nigerian Operator Produces First Oil from Shallow-Water Project
Nigerian operator First E&P has started oil production from a shallow-water project located offshore Nigeria through the Abigail-Joseph FPSO.
Oil Price
Qatar to Base State Budget on Oil at $40 per Barrel, Emir Says
Qatar's budget will be drawn up on the assumption of an oil price of $40 a barrel to shield the gas-rich Gulf country from oil prices volatility, Qatar's Emir s…
Market Analysis
Five Key Climate Metrics for the Oil and Gas Sector's Next Five Years
It’s an unforgiving time to navigate the choppy waters of oil and gas investment. Demand destruction from the COVID-19 pandemic has eroded earnings, dented div…
Oil Price
Oil Prices Hold Steady Ahead of U.S. Elections
Oil prices held steady on Tuesday ahead of the U.S. presidential election, retaining their steep overnight gains but capped by demand concerns and worries about…
Shell Acquires Full Control of Chinese Gas Station Joint Venture
Royal Dutch Shell Plc has acquired full control of one of its gas station joint ventures in China as the oil major doubles down on the fuel retailing market in …
South Korea
KSOE Receives Order for up to Four LNG Carriers
Korean Shipbuilding & Offshore Engineering has secured a building order for two 174,000m³ LNG carriers, with options for another pair.
Oil Field
CNOOC Starts up Eighth Project off China in 2020
Oil and gas company CNOOC Limited has started production from the Liuhua 29-1 gas field in the South China Sea.
Oil Field
Western Europe’s Biggest Oilfield Set To Increase Production
The giant Johan Sverdrup oilfield in Norway’s North Sea is expected to increase its oil production this quarter after the Norwegian government raised the Q4 pr…
Crude Oil
Libya Oil Output Hits 800,000 Bpd
Libya’s crude oil production has reached 800,000 bpd.
Oil Pipeline
Total Signs Pact with Tanzania for its EACOP Pipeline Construction Project
Total has announced that it has reached an agreement with the Tanzanian government for its EACOP pipeline project in the country.
CCS
Equinor Aims for Net Zero Emissions by 2050, New CEO Says
Norwegian oil and gas firm Equinor aims to become a net zero emitter of CO2 by 2050.
Oil & Gas Trade
Russia Ranks Second by Oil Exports to China in September
Oil supplies from Russia to China increased to 1.83 mln barrels daily as of the end of September 2020.

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Oil

Saudi Gas Production Jumps To Record

French Company Abandons Plans to Import US Gas

Sudan to Start Producing Oil at Al-Rawat Oilfield within Two Weeks

Nigerian Operator Produces First Oil from Shallow-Water Project

Qatar to Base State Budget on Oil at $40 per Barrel, Emir Says

Five Key Climate Metrics for the Oil and Gas Sector's Next Five Years

Oil Prices Hold Steady Ahead of U.S. Elections

Shell Acquires Full Control of Chinese Gas Station Joint Venture

KSOE Receives Order for up to Four LNG Carriers

CNOOC Starts up Eighth Project off China in 2020

Western Europe’s Biggest Oilfield Set To Increase Production

Libya Oil Output Hits 800,000 Bpd

Total Signs Pact with Tanzania for its EACOP Pipeline Construction Project

Equinor Aims for Net Zero Emissions by 2050, New CEO Says

Russia Ranks Second by Oil Exports to China in September