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LNG
CNOOC and Petronas Signed a 10-year LNG Supply Agreement
The transaction is valued at approximately US$7 billion.
Oil Price
Oil Prices Jump to Multiyear Highs After OPEC+ Talks Yield No Production Deal
Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies were postponed indefinitely, with the grou…
Oil Price
Oil Surges As Traders Await OPEC+ Decision on Easing Production Cuts
Its allies on further easing production curbs in response to growing demand as the global economy gathers momentum.
Oil Field
Enauta to See All-Time High Output Volume Following Atlanta Field Takeover
Oil and gas company Enauta has revealed that the Brazilian Oil, Gas and Biofuels Agency has approved the constitution of guarantees for the company to take over…
Crude Oil
Opec+ Leaves 500,000 b/d August Output Rise on Table
Shrinking OECD inventories and rising global crude prices could lead the Opec+ coalition to consider a 500,000 b/d production rise when it irons out its August …
OPEC
OPEC+ Discussing Gradual Oil Output Rise from August
The talks mean that OPEC and Russia are likely to find common ground again on oil production policy
Crude Oil
Iraq Expects Oil Prices to Reach $80/bbl - State News Agency
Iraqi expects oil prices to reach $80 per barrel.
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 & 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…
Crude Oil
Iran Projects 90 Days to Hit 4 million Barrels of Daily Oil Output Once Sanctions are lifted
Iran plans to restore the bulk of its crude oil production within one month of the easing of U.S. sanctions if world powers manage to broker the revival of the …
Natural Gas
Adnoc Signs 10-Year Gas Supply Agreements with Emirates Steel and Arkan
Adnoc has the potential to produce 11 billion cubic feet of natural gas and over 1 billion cf of sour gas per day
Crude Oil
Saudi Arabia Beats Russia Again To Top Chinese Oil Supplier Spot
Saudi Arabia kept its status as China’s top oil supplier in April, beating Russia for the eighth month in a row as the world’s largest oil buyer imported the …
Oil & Gas Supply
SOCAR, Rosneft Tie-up on Fuel Supplies to Ukraine, Other Countries
Azerbaijan's state energy company SOCAR and Russia's oil and gas giant Rosneft have signed a deal to supply oil products and liquefied petroleum gas to Ukraine …
Oil Shale
U.S. Shale Oil Output to Climb for First Time in 3 Months in June - EIA
U.S. oil output from seven major shale formations is expected to climb by 26,000 barrels per day in June to 7.73 million bpd, the first rise in three months, th…
Oil & Gas Trade
India in Talks with Guyana for Long-Term Crude Supply
India, the world's third-largest crude consumer and importer, has approached Guyana's government about a possible long-term deal to buy the South American count…
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