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Market Analysis
Quest for Blue Skies Poised to Propel up China’s Gas Imports
China’s Blue Sky Policy envisages boosting the share of natural gas in the energy mix from currently 7.5 percent to 15 percent by 2030 which requires substanti…
Oil & Gas Trade
Putin Says Nord Stream 2 Pipeline to be Completed by Early 2021
Russian President Vladimir Putin said Saturday that he hopes work on the Nord Stream 2 gas pipeline will be finished by early next year.
Oil&Gas Drilling
3 Arctic Wilderness Areas to Watch as Trump Tries to Expand Oil & Gas Drilling
When President Donald Trump entered the White House in 2017, his intention was clear: His would be an administration defined in part by a no-holds-barred effort…
Oil & Gas Trade
Congo Wants to Sell Gertler’s Oil Blocks on Ugandan Border
Congo Kinshasa is forming a plan to take back two oil blocks from sanctioned Israeli billionaire Dan Gertler and sell them to another company.
Oil & Gas Trade
Woodside JV Approves Senegal's First Oil Project
Oil and gas major Woodside Petroleum on Friday announced that the joint venture (JV) partners have approved the development of Phase 1 of the Sangomar field dev…
Crude
Crude Falls after Trump Says Iran ‘Appears to be Standing Down’
Crude oil prices continued to fall Wednesday after President Trump said Iran is standing down in the Middle East and the U.S. will impose new sanctions on the n…
Oil & Gas Trade
Russia, Turkey Open TurkStream Gas Pipeline
Russian President Vladimir Putin and his Turkish counterpart, Recep Tayyip Erdogan, Wednesday opened the taps of the TurkStream natural gas pipeline, officially…
Oil & Gas Trade
China Opens Oil and Gas Exploration to Foreign Firms
China will allow foreign companies to take part in oil and gas exploration and production in the country, in what officials hailed Thursday (Jan 9) as a "major …
Dubai's Logistics Firm Tristar Buys Land in Oman's Duqm Port to Expand Operations
Dubai's Tristar Group, an oil and gas sector-focused logistics company, acquired more than 11,000 square metres of land in Oman’s Duqm port as it expands its o…
Oil&Gas Drilling
Woodside Gets Green Light for $6 Billion Senegal Oil Project
Australian oil and gas producer Woodside has won approval from the Senegalese government to develop the nation's first oil project, clearing the way for final i…
Oil & Gas Trade
Mozambique Signs Gas Importation Agreement for Beluluane Gas-Fired Power Plant
Mozambique has signed an agreement deal with France to import liquefied natural gas (LNG) that will be needed for a major gas-fired power station planned for Be…
Oil Price
Oil Prices Plunge after Trump Downplays Iran Attack
Oil prices plunged on Wednesday, reversing the spike in overnight trading after U.S. President Donald Trump downplayed Iran's missile attack against U.S. forces…
Brazil Working on Policy to Smooth Impact of Oil Price Spikes -Minister
Brazil’s government is working on a policy to reduce the local impact of spikes in international oil prices, Mines and Energy Minister Bento Albuquerque told r…
Apache Shares Jump 27% on Major Discovery in Suriname with Total
Apache Corp and Total SA said on Tuesday they had made a major oil discovery in a closely watched area off the coast of South America’s Suriname, sending Apach…
Oil&Gas Drilling
Talos Targeting 2023 for First Oil from Zama Offshore Mexico
Talos Energy has detailed results of Netherland Sewell’s (NSAI) contingent resource evaluation of the Zama oil discovery in block 7 offshore Mexico.
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