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Oil Pipeline
US Gulf CHOPS Crude Pipeline Restarted
Genesis' Cameron Highway Oil Pipeline System in the US Gulf of Mexico resumed service earlier today after being offline since hurricane damage to an associated …
Oil&Gas Drilling
Neptune Picks up Permit for North Sea Appraisal Well
The Norwegian Petroleum Directorate has granted Neptune Energy a drilling permit for an appraisal well offshore Norway.
Crude Oil
Saudi Arabia Raises Oil Prices To U.S. And Europe
The world’s top oil exporter, Saudi Arabia, raised on Thursday the prices of all its crude oil that will go to the United States and Europe in March while leav…
Video: World’s Longest Subsea Pipeline | Megastructures
World’s Longest Subsea Pipeline
OPEC
Oil Prices Rally As OPEC+ Maintains Its Production Policy
The Joint Ministerial Monitoring Committee of the OPEC+ group wrapped up their monthly meeting on Wednesday in record time and, as widely expected, did not make…
Crude Oil
U.S. Oil Production On Course To Hit Record Levels In 2023
U.S. oil production fell sharply in 2020, but the Energy Information Administration is expecting it to pick back up and even set new records in just two years, …
Gas turbine engine
EGA, Mubadala and Dubal Holding Fire up Siemens Gas Turbine at Jebel Ali Power Plant
New power block at EGA in Jebel Ali is under development by JA Power & Water Company, a joint venture between Mubadala and Dubal Holding
LNG
Russia's Rosneft Looks to Arctic to Ramp up LNG Output
The projects were considered as part of its LNG strategy at a meeting chaired by Deputy Prime Minister Alexander Novak last month
Oil & Gas Trade
Nigeria's Crude Oil Exports Hit Three-Year Low
West Africa's oil exports slumped to the lowest level in at least three years last month as infrastructure woes for some of Nigeria's biggest streams combined w…
Crude Oil
African Members’ Production Troubles Offset OPEC’s Planned Increase
OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations.
Crude Oil
OPEC+ Now Sees Weaker Oil Demand Growth For 2021
OPEC+ expects global oil demand to rise by 5.6 million barrels per day this year—lower estimated growth than OPEC’s assessment of 5.9-million-bpd demand incre…
Oil & Gas Trade
Petrobras Opens 2021 with Record Oil Exports
Brazil's state-controlled Petrobras says crude exports through its Angra dos Reis terminal reached a record 19.3mn bl in January, the extension of an upward tre…
United Kingdom
BP Profit Sinks As Epidemic Pummels Demand
On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sha…
Hydrogen Project
Plans Confirmed for Britain’s First Hydrogen Town
Britain’s gas grid companies have set out plans to deliver the country’s first hydrogen town by 2030 and full transition by 2050.
Gas turbine engine
Wärtsilä and China Huaneng to Develop Sustainable Power Generation
Finnish technology group Wärtsilä and a China Huaneng Group subsidiary have agreed to work together on renewable development.
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