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Oil & Gas Trade
Kazakhstan Will Export Natural Gas to China As Planned
Kazakhstan Gas Transportation Company completed the export of natural gas to China in accordance with the contract.
Offshore Wind Power
Oil Major BP Makes First Ever Move In Offshore Wind Energy
BP is making its first move into the offshore wind market with a strategic partnership in U.S. offshore wind assets with Equinor in a deal worth US$1.1 billion.
Oil Price
Russia’s Central Bank Warns That Oil Could Slide To $25
Russia’s central bank has warned that crude oil prices could slump to $25 in its risk scenario for monetary policy over the next three years, TASS reports.
Netherlands
Total and PitPoint.LNG to Build Multi-Fuel Station in the Netherlands
Total Nederland and PitPoint.LNG have started construction of a new multiple-energy truck station at the new A1 business park in Deventer, the Netherlands.
Oil & Gas Trade
Russia's Gazprom Boosts Natural Gas Supplies to China
Russia's supply of natural gas to China via the Power of Siberia rose to 12 million cubic meters per day in July and August.
Fire Aboard Oil Supertanker Off Coast of Sri Lanka is Now Extinguished
A fire on a supertanker abandoned off Sri Lanka's east coast has been extinguished.
Energy Storage System
Gravitational Energy Storage Using Soil Batteries
The technology uses storage cores (large drums filled with compacted soil) that could be shifted between lower and higher points.
Market Analysis
Mexico’s Pemex Slashes Oil Production Target For 2021
Mexico has revised down energy giant Pemex’s oil production target for next year by more than 8 percent in what was a no-surprise move to those familiar with t…
Oil Price
Saudi Economic Outlook Sours After Oil Price Crash
Saudi Arabia’s economic outlook for this year remains uncertain amid the pandemic-driven economic slowdown and the collapse in oil prices that led to the Kingd…
United States
Trump Administration to Deny Pending Retroactive U.S. Biofuel Waivers
U.S. President Donald Trump has instructed that dozens of oil refiner requests for retroactive waivers from U.S. biofuel laws be denied amid concerns the issue …
LNG
Vietnam's Delta Offshore Energy Seeks Long-Term LNG Supplies
Delta Offshore Energy has launched a request for proposal for a long-term contract to buy liquefied natural gas.
Crude Oil
COVID-19 Forces Libyan Oil Companies To Halt Operations
Two of Libya’s National Oil Company affiliates on Monday sent some oil workers home and halted some work due to the spread of Covid-19, according to a NOC stat…
Oil&Gas Drilling
PGS Wraps up Seismic Campaign Offshore
Norwegian seismic player PGS has completed its 2020 acquisition campaign in Angola’s Namibe Basin.
Oil Pipeline
Man Industries Received Pipeline Order of Rs 3.7 Crore from IHB Pvt Ltd
The pipeline, once constructed, is expected to be the world's longest LPG pipeline.
Oil & Gas Trade
To Ensure Russia Has not Lost Market Share, Moscow to Build up Half-Finished Oil Wells
Russia believes it is extremely important to quickly regain, or even raise, its oil market share once demand recovers, as it readies to build up its fleet of un…
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