Oil

Crude Oil
OPEC Production Rises By 950,000 Bpd In August
OPEC produced more oil in August than it did in July as the cartel continued to relax its production cuts, a Reuters survey has revealed, with recovering demand…
Oil Pipeline
Neptune Setting up World’s Longest Heated Production Pipeline
Installation of the world’s longest heated subsea production pipeline is underway in the Norwegian sector of the North Sea.
Oil Field
Husky Energy Nearing Completion of Chinese Gas Project
Canadian oil and gas company Husky Energy is nearing the startup of the Liuhua 29-1 field at the Liwan Gas Project offshore China.
Oil Price
Goldman Expects Oil To Reach $65 Next Year
Goldman Sachs expects Brent crude to reach $65 a barrel in the third quarter of 2021, although it could end the year lower, at $58 a barrel.
Mexico
Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions
Mexico’s state oil firm Pemex is not planning a shift toward curbing carbon emissions or green energy.
Oil & Gas Trade
Libya Set To Export First Crude From Oil Ports Since January
Two tankers will be the first since January this year to load oil for export at the Libyan port of Brega, citing unidentified source in the know.
China
Robust Chinese Demand Fuels Oil Market Recovery
Following last week's price rally, oil prices move higher on Monday morning, on bullish demand figures coming from China.
Hydrogen Fuel Stations
PGNiG Inks Hydrogen Deal with Toyota
Polish Oil and Gas Company signed a deal with Toyota Motor Poland to advance hydrogen technology.
Oil & Gas Trade
What is Behind the Eastern Mediterranean Oil and Gas Rush?
Tensions are rising as countries compete for control of oil and gas reserves in the Eastern Mediterranean.
Crude Oil
Refining Capacity at Iraq's Baiji to Double in Months
Iraq is currently processing more than 75,000 b/d of crude at its Baiji refining complex, which could increase to as high as 140,000 b/d in the "next few months…
United Kingdom
BP to Sell London Headquarters as Work Style Shifts
BP Plc plans to sell its headquarters in central London as it cuts jobs and adopts flexible working.
Crude Oil
Angola Aims to Ramp up Oil Production
Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2…
Oil Field
Saudi Arabia Announces Siscovery of New Oil, Gas Fields
The two fields, Hadat Al-Hajrah gas field in the Al-Jawf region and Abraq Al-Talul oil field in the northern border region, were discovered by the Saudi Arabian…
Oil&Gas Drilling
Oil Major Equinor Stops Drilling In U.S. Shale Patch
Norway's Equinor will not drill any more wells in the U.S. shale patch this year as it adjusts to a lower-for-longer oil price environment.
Oil Price
Putin Would Like To See Oil Prices Above $46 Per Barrel
It would be better for Russia if oil prices were higher than $46 a barrel, Russian President Vladimir Putin said on Thursday.

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Oil

OPEC Production Rises By 950,000 Bpd In August

Neptune Setting up World’s Longest Heated Production Pipeline

Husky Energy Nearing Completion of Chinese Gas Project

Goldman Expects Oil To Reach $65 Next Year

Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions

Libya Set To Export First Crude From Oil Ports Since January

Robust Chinese Demand Fuels Oil Market Recovery

PGNiG Inks Hydrogen Deal with Toyota

What is Behind the Eastern Mediterranean Oil and Gas Rush?

Refining Capacity at Iraq's Baiji to Double in Months

BP to Sell London Headquarters as Work Style Shifts

Angola Aims to Ramp up Oil Production

Saudi Arabia Announces Siscovery of New Oil, Gas Fields

Oil Major Equinor Stops Drilling In U.S. Shale Patch

Putin Would Like To See Oil Prices Above $46 Per Barrel