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Crude Oil
Pharos Energy Finds Oil in Two Reservoirs at Egyptian Well
The Batran-1X commitment exploration well was drilled 4 kilometers west of the Main Tersa-1X well
Crude Oil
Minnesota Court Affirms Approval of Line 3 Oil Pipeline
The Minnesota Court of Appeals on Monday affirmed state regulators' key approvals of Enbridge Energy’s Line 3 oil pipeline replacement project, in a dispute th…
Oil Price
Oil Steadies After Hitting 2-yr High as Demand Hopes Face Supply Growth
Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as growing U.S. crude production and Britain's delayed C…
Oil Pipeline
Merkel Says Discussed with Biden His Upcoming Meeting with Putin, Nord Stream 2
German Chancellor Angela Merkel said on Saturday that she discussed with US President Joe Biden at the G7 summit his forthcoming meeting with Russian President …
Oil & Gas Trade
Oil to Trade Between $68 and $75 in Second half of 2021 Amid Rising Demand, Iraq Minister Says
Crude prices have increased due to supportive Opec+ policies and growing demand as economies reopen
Oil Exploration
Equinor Makes Minor Oil Discovery in North Sea
Norwegian oil and gas company Equinor has made a minor oil discovery near the Visund field in the North Sea offshore Norway, which will be a tie-in to the plann…
Oil&Gas Drilling
Jadestone to Close Maari Field Deal in 2H 2021
Singapore’s Jadestone Energy expects to complete the acquisition of the 69 per cent operated interest in the Maari asset.
LNG
Crown LNG to Develop LNG Terminal Offshore India
Crown LNG Holding AS, a Norwegian group which specialises in developing LNG infrastructure for harsh weather conditions, has initiated development of an LNG ter…
LNG
China to Overtake Japan as World's Top LNG Buyer in Weeks, ICIS Says
It estimated China's 2021 total LNG demand at 81.2 million tonnes, above 75.2 million tonnes for Japan.
Oil and Gas Equipment
Upgrading 10 Production Wells
Installation of two ESP-systems near Hannover, Germany
Power Construction
Siemens Energy and Mitsubishi Electric Partner on New High-Voltage Switching Solutions
Siemens Energy and Mitsubishi Electric have signed a Memorandum of Understanding to conduct a feasibility study on the joint development of high-voltage switchi…
Oil & Gas Trade
China About To Become Top LNG Importer This Year
China will this year overtake Japan as the world’s largest importer of liquefied natural gas, ICIS Edge, a service of market intelligence provider ICIS, said t…
LNG
CNOOC to Build 6 LNG Storage Tanks at Binhai LNG
Chinese oil and gas player CNOOC has started the construction of six LNG storage tanks at its Binhai LNG import terminal in Jiangsu.
Gas Turbine
South Korea Eyes First Hydrogen Gas Turbine Demonstration in 2027
Stepping up efforts to develop a hydrogen gas turbine, Doosan Heavy Industries & Construction and a consortium of partners will begin South Korea’s first large…
Oil & Gas Supply
Uganda Stands to be one of Sub-Saharan Africa’s Top Five Oil Producers by 2025
With the East African Oil Pipeline project recently getting the go-ahead, Uganda is set to produce its first oil as early as 2025 and production in the next fiv…
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