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Oil & Gas Trade
Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies
Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market.
Oil&Gas Drilling
U.S. Drilling Approvals Increase Despite Biden Climate Pledge
The Interior Department approved about 2,500 permits to drill on public and tribal lands in the first six months of the year
Oil Pipeline
Nord Stream 2 Targets August for Completion of Baltic Pipelay Work
Eponymous project's operator assures the pipeline will be fully certified and ready to pump Russian gas to Germany before end of year
Coal Mine
Gautam Adani Boosting Fossil Fuel Footprint Despite Pledge to Turn Carbon Neutral
The Adani Group is doubling its coal-fired power capacity to 24 gigawatts, plans to own, develop or operate coal mines with a combined capacity of 132 million t…
Japan
Japan to Remain Committed to Oil and Gas Development Projects
Japan will remain committed to upstream oil and gas developments and plans to boost its ratio of equity oil and gas as it expects the fuels to play a key role i…
Hydrogen Project
UAE’s ADNOC to Explore Hydrogen and Blue Ammonia with Japanese Groups
Abu Dhabi National Oil Company is set to explore the commercial opportunities for hydrogen and blue ammonia in collaboration with Japanese companies Inpex, Jera…
Angola
Angola Kicks Oil Privatization Into Overdrive
Angola is seeking buyers for state insurer ENSA as part of a privatization drive that also includes the partial sale of state oil major Sonangol.
Crude Oil
Brazil Plans To Be 5th-Largest Crude Exporter By 2030
Brazil’s expected oil output surge this decade will make it the world’s fifth-largest crude exporter in 2030, Brazilian Mines and Energy Minister Bento Albuqu…
Net Zero Emission
UK Can Meet 2050 Net-Zero Goal
Three out of four scenarios in the National Grid ESO's Future Energy Scenarios report meet the target
Energy Investment
Eni to Buy 315-MW Wind Portfolio in Italy
Italian oil and gas group Eni SpA will fully acquire a 315-MW operational wind portfolio in Italy from UK fund manager Glennmont Partners and Dutch pension fund…
LNG
Baidyanath to Start Country’s First Commercial LNG Filling Station
Makers of Ayurvedic medicines from the city, Shree Baidyanath, has diversified into liquified natural gas sale.
Energy Investment
Norway to Invest in Renewable Projects in Developing Countries
Norway is investing in a fund that aims to reduce greenhouse gas emissions in developing countries.
Oil&Gas Drilling
McDermott Secures Subsea Job on Bayu-Undan Field
McDermott International has secured a subsea engineering, procurement, construction and installation contract with Santos for the Bayu-Undan infill well Phase 3…
Oil Field
China: Daqing Oilfield's Oil and Gas Achieved Double Overproduction in the First Half
As of June 30, PetroChina’s Daqing Oilfield had completed domestic and international oil and gas production equivalent of 21.54 million tons, an increase of 86…
Oil & Gas Supply
Singapore Fuel Oil Inventories Sink to Over 3-Month Low
Singapore residual fuel oil inventories fell 5% in the week ended July 7, dropping to a 3-1/2 month low despite steady net import volumes, official data showed …
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