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Oil & Gas Trade
Yemen Takes First Batch of Saudi Oil Products at Aden
The first shipment of Saudi oil products exported to Yemen as part of a grant agreed with the internationally recognized government there arrived at the Yemeni …
Natural Gas
Sinopec finds abundant flows in Xinjiang oil, gas wells
Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X wel…
Natural Gas
China’s Natural Gas Imports Surge As Economy Recovers
Natural gas imports into China rose 22.4 percent on the year in the first four months of this year to 39.45 million metric tons.
LNG
GECF Expert Commentary - New Trends on the Global Market of LNG Carriers
The Covid-19 pandemic has brought new challenges for the global gas industry, with the LNG shipping market not being an exception.
India
India Turns to OPEC Nations Saudi, UAE for Oxygen
He said state-owned Indian Oil Corporation and gas utility GAIL will be arranging for logistics to transport the oxygen
Australia
Australia to See 118 Oil and Gas Project Starts by 2025
Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.
CNOOC
CNOOC Flows First Gas from Liuhua 29-2 field
Chinese oil and gas giant CNOOC Limited has produced first gas from the Liuhua 29-2 gas field located in the South China Sea.
Oil Price
Saudi Arabia Could Slash Deficit To Below 5% Of GDP At $60 Oil
The world’s largest oil exporter, Saudi Arabia, could see its budget deficit drop to below 5 percent of gross domestic product this year if oil prices average …
Crude Oil
Oil Moves Higher On Largest Crude Draw Since January
Oil prices moved higher after the Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 30.
Crude Oil
U.S. Energy Production Saw Steepest Drop On Record In 2020
Due to economic responses to the pandemic, U.S. energy production dropped by 5 percent last year, marking the steepest annual decline on record.
Crude Oil
Energy Group Total Starts Production at Angolan Oil Project
French energy group Total has started production at its Angolan Zinia Phase 2 project, which has estimated resources of 65 million barrels of oil, it said on Th…
Floating Offshore Wind
South Korea’s First Floating Wind Farm Project Passes Preliminary Feasibility Study
Korea National Oil Corp., which operates oil and gas fields, welcomed the green light from the Korea Development Institute as a “significant starting point” f…
Crude Oil
BHP Produces First Oil from Ruby Project
Oil and gas company BHP has produced first oil production from the Ruby project, which is located offshore Trinidad and Tobago.
Natural Gas
China Gas Use to Rise 10pc in 2021: Sinopec, PetroChina
China's state-controlled energy firms are expecting domestic gas demand growth to accelerate this year, as the economy recovers and consumption of the fuel is b…
Oil & Gas Trade
Italy’s April Gas Imports Hit Long-Term High
Italy's gas imports in April were the quickest for any month in almost nine years, because of strong heating demand and the need to start injecting under the co…
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