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Tanzania
Tanzania’s Petroleum Products Market Sees Sizeable Annual Expansion
The liquefied petroleum gas market registered double-digit growth last year as companies and the sector's regulator foster public awareness campaigns on the ben…
Oil&Gas Drilling
Neptune Makes First Step in Offshore Execution of North Sea project
According to information on Neptune’s website, first oil from the project is expected in 2022.
Austria
Austrian Utility OMV Sells Gas Pipeline Unit to Verbund
Austrian utility OMV said on Wednesday it will sell a majority stake in its gas pipeline subsidiary to rival Verbund, a deal that will help OMV reduce debt and …
Clean Energy Transition
UK Urged to Unveil New Grid Target for Complete Hydrogen Revolution
The UK government must introduce a new hydrogen target for Britain’s gas grids to start turning the country’s zero-carbon hydrogen ambitions into a reality, s…
LNG
Russia's Arctic LNG Project Receives US$9.5 Billion in Financing
International lending institutions have arranged approximately US$9.5 billion in financial support for Russia’s Arctic Liquefied Gas project.
Crude Oil
Libya Eyes 260,000 b/d as Opec+ Keeps Watch: Update
Libya's state-owned NOC said it expects the country's oil production to reach 260,000 b/d next week as onshore fields that have been shut in for several months …
Oil&Gas Drilling
Stena Drilling Lands Drillship Deal with Repsol in Mexico
Offshore drilling contractor Stena Drilling has won a drilling contract with Spanish oil company Repsol for operations offshore Mexico.
Crude Oil
China Amends Customs Supervision on Crude Oil Imports to Improve Efficiency
Chinese customs said on Tuesday it will amend the way it supervises crude oil imports as part of a broader effort to boost efficiency.
Oil & Gas Trade
India's August Crude Imports Continue Slide as Economy Stalls
India's crude oil imports declined in August, albeit at a slower pace, as soaring coronavirus cases continued to hit mobility and slowed economic recovery.
Oil Price
India Topped Its Strategic Petroleum Reserves With $19 A Barrel Oil
India used the ultra-low crude oil prices earlier this year to top its strategic petroleum reserves with oil at $19 a barrel.
Thermal Plant
Istanbul Completes First Phase of World’s Biggest Landfill Gas Power Plant
The first 20 MW came online in Istanbul Energy’s landfill gas power plant, which uses 20 hectares under waste.
Oil Field
CNOOC Starts up Fifth Project off China in 2020
Chinese oil and gas company CNOOC has produced first oil from the Liuhua 16-2 and 20-1 joint development project in the South China Sea.
United Kingdom
The Electrification Of UK Offshore Oil & Gas
The British government has set a goal to reach net zero emissions by 2050.
Oil&Gas Drilling
U.S. Wants Bankrupt Offshore Drillers To Pick Up The Tab For Abandoned Wells
The U.S. Department of the Interior is proposing a regulation that will not allow oil producers to avoid picking up their offshore well decommissioning tab when…
Oil & Gas Trade
China’s Crude Oil Imports are Slowing Down
China’s imports of crude oil have been trending much lower in September than in the past four months, while the rest of Asia is also significantly slowing impo…
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