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Crude Oil
China’s August Crude Runs Hold at 14mn b/d
China's crude throughputs held largely steady near record highs in August, keeping pressure on refiners to manage high product inventories.
Oman
This Small Nation Is Building The World’s Next Major Energy Hub
It has long focussed on building a presence in the higher-value petrochemicals industry.
Oil & Gas Trade
Bangladesh: Meghna Petroleum Signs Agreements For LPG Expansion
Meghna Petroleum, the state-run energy company, as part of its business expansion by selling LPG, has signed agreements with four non-listed companies–Beximco …
LNG
SCF Takes Delivery of Shell-Chartered LNG Newbuild
Russian shipping major Sovcomflot has taken delivery of a newly built LNG carrier from the South Korean Hyundai Samho Heavy Industries shipyard.
Offshore Wind Power
China's CNOOC Launches First Offshore Wind Power Plant
China's offshore oil and gas major CNOOC Ltd announced on Tuesday that its first offshore wind power project has connected to the grid and begun to generate pow…
Oil Field
China's First Large-Scale Heavy Oil Thermal Recovery Development Platform Started Operation
This move fills the technical gap of large-scale thermal recovery of heavy oil in China's offshore fields.
Oil Price
OPEC Cuts Oil Demand Forecast For 2020, Again
OPEC revised down by another 400,000 bpd its forecast for global oil demand this year, expecting consumption to shrink by 9.5 million bpd over 2019.
Oil Price
Oil Prices Fall As Libya Reopens Ports
Libyan strongman General Khalifa Haftar has pledged to reopen the country’s oil ports this weekend, the U.S. embassy in the North African country said in a sta…
Oil&Gas Drilling
Apache Kicks Off Drilling Operations on Fresh Well Off Suriname
Apache Corporation has gathered further reservoir and technical data from its Kwaskwasi-1 discovery well located in Block 58 offshore Suriname and started drill…
Distributed Generation
Flexible Small-Scale Generation Empowered by Once-Through Boiler Technology
Distributed generation integrated with intermittent renewable generation responds to the growing need for highly flexible small-scale power generation resources…
Iran
Iran Launches Phase 1 of Qeshm Oil Export Terminal
Iranian president Hassan Rohani has inaugurated the first phase of a new oil export terminal on Iran's Qeshm island, at the mouth of the Gulf of Oman.
Oil Price
Oil Edges Higher Ahead of Opec+ Meeting with Demand in Focus
Oil edged higher toward US$38 a barrel in New York ahead of an OPEC+ meeting this week that will assess the group’s production cuts as the recovery from virus-…
Oil Pipeline
Uganda and Tanzania Sign $3.5bn Oil Pipeline Deal
Tanzania and Uganda have signed an agreement allowing for the construction of a 1,445 km crude oil pipeline.
Elliott Attempting to Prevent Chevron’s Takeover of Noble Energy
Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon plans to sell itself to oil major Chevron.
Energy Transition
Italian Players Team up to Work on Energy Transition Technologies
Italian oilfield services provider Saipem and energy infrastructure operator Snam have signed a Memorandum of Understanding to work together on new energy trans…
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