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Oil & Gas Trade
Total Looks To Stop Selling Fuel Oil To Power Plants
Supermajor Total wants to stop selling fuel oil—one of the most carbon-intensive refinery products—for power generation in order to reduce its carbon footpr…
Oil & Gas Trade
Russia-Belarus Oil Dispute Begins to Threaten Supplies to Europe
A long-running oil dispute between Russia and Belarus has for the first time threatened to disrupt supplies to Europe.
Crude
South Sudan Ignores Reports on Oil Pollution, Birth Defects
The oil industry in South Sudan has left a landscape pocked with hundreds of open waste pits, the water and soil contaminated with toxic chemicals and heavy met…
Wartsila to supply gas power plant for industrial park in Bangladesh
Finnish company Wartsila has received a contract to supply 78MW engine power plant to support an industrial complex in Bangladesh.
Oil & Gas Trade
Coronavirus Forces Qatar To Reroute Oil And Gas
One of the biggest liquefied natural gas (LNG) exporters, Qatar, is working with importers in China to reschedule or re-route some oil and gas cargoes to the wo…
Oil & Gas Trade
Israel Caps Gas Output At Huge Offshore Field
Israel ordered on Thursday natural gas production at the huge offshore Leviathan field be reduced by around 40 percent after a fault was detected in a subsea pi…
Oil & Gas Trade
U.S. Gives Iraq Sanctions Waiver for Vital Iranian Gas Imports
The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies, two Iraqi of…
Crude
Guyana to Export Its First Share of Oil in Coming Days: Official
Guyana is getting ready to export in the coming days the first cargo of Liza crude entitled to the government as share of the oil produced by a consortium led b…
USTDA and GE to Deliver 1,350 MW Gas-to-Power Plant in Nigeria
The US Trade and Development Agency (USTDA) has awarded a grant to NNPC Gas and Power Investment Company LTD (GPIC) to provide the technical, economic and finan…
Crude
Russia Still Elusive On Deeper OPEC+ Oil Production Cuts
Russia is still reviewing the recommendation of the OPEC+ technical panel for additional cuts of 600,000 bpd in response to the slump in oil demand over the cor…
Oil & Gas Trade
Russia Still Studying Proposed Deeper Opec+ Output Cuts: Novak
Russia is still studying proposed deeper oil output cuts by the Opec+ grouping of top producers prompted by the new coronavirus outbreak in China, Energy Minist…
Russian Oil & Gas Firms Plan to Invest $20 BILLION in Iraq’s Energy Industry
Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee a…
Crude
OPEC+ Panel Calls for More Oil Cuts on Coronavirus Impact
An OPEC, non-OPEC technical panel has recommended extending a current oil supply cut pact until the end of 2020 and more output reductions due to the impact of …
Hydrogen Investors Go All-in with Falling H2 Costs Within Their Sights
A global industry body said last month that the cost of the gas could be half as big in a decade.
LNG
Qatargas Signs LNG SPA with Kuwait
Qatargas has announced the signing of a new, long term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tpy of LNG to the State of Kuwait, …
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