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Oil & Gas Trade
Turkey's Imports of Natural Gas from Iran Fell by 31% in 2020
Turkey imported 5.32 billion cubic meters of natural gas from Iran in 2020, a year-on-year decrease of 31%.
Oil & Gas Trade
S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data
South Korea's February crude oil imports fell 14.7% to 73.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energ…
Crude Oil
Oman Starts New Energy Company As it Seeks to Leverage Oil Block
New government-owned Omani energy company is established as it seeks to use its largest oil block to raise debt
Oil Refinery
Indian Oil Shares Gain Over 3% on Panipat Refinery Capacity Expansion Plan
IOC board approved capital investment for capacity expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA.
Oil Refinery
Iranian Firm Wins Tehran Refinery Upgrade Project
Iranian contracting company Chagalesh Consulting Engineers has been awarded a €200mn engineering, procurement and construction contract to upgrade a number of …
Market Analysis
China's Coal Consumption Share Falls to 56.8% at End-2020
The rapid rollout of renewable-energy capacity and the growing use of natural gas has helped reduce the share of coal consumption from around 68% over the last …
Oil Price
Oil Prices Fall on Strong US Dollar and Supply Concerns
Brent and WTI are on track for gains of about 20% this month
Oil Field
Energean Proposes $500MM Carbon Storage Facility in Northern Greece
Energean Plc submitted a proposal to the Greek government to build a carbon dioxide storage facility and a hydrogen plant in northern Greece close to its old Pr…
Biobattery
BIOGEST to Build Biogas Plant in South Korea
BIOGEST received an order to build an agricultural and food waste biogas plant in the southern region of South Korea.
Oil Exploration
Seven Oil Players Apply for Production Licences off Norway
Seven oil and gas companies have applied for production licences in the 25th licensing round on the Norwegian shelf, Norway’s Ministry of Petroleum and Energy …
LNG
Global LNG Demand Expected to Almost Double by 2040
Global liquefied natural gas demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell said in its annual LNG market outlook.
Thermal Plant
Southern Power Generation’s Track 4A Plant Begins Operations in Malaysia
Southern Power Generation’s Track 4A Power Plant in Pasir Gudang, Johor, Malaysia has started commercial operations.
Crude Oil
Oil Prices Reach One-Year High As Global Crude Supplies Shrink
Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand.
Crude Oil
OPEC+ Considers Production Increase At March Meeting
OPEC+ will discuss the possibility of increasing its oil production levels at the next meeting, OPEC+ sources said on Wednesday.
LNG
Thailand’s January LNG Imports Fall to Three-Year Low
Thailand's LNG imports hit a three-year low in January, with no receipts from its usual suppliers Australia and Malaysia, even as one of its biggest importers Q…
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