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Oil & Gas Trade
Suez Canal Logjam Barely Impacts Russian Urals Exports, Says Energy Ministry
The Russian Energy Ministry said March 29 that the logjam in the Suez Canal has barely impacted exports of Russia's key crude grade Urals, which uses other deli…
Natural Gas
Buffett Proposes 10 GW In New Gas Plants For Texas
Warren Buffett's investment company Berkshire Hathaway has proposed a plan for boosting Texas' energy security: building 10 GW in new natural gas-fired generati…
Energy Security
Syria Rations Fuel Supplies Amid Suez Canal Blockage
Syria's oil ministry has begun rationing the distribution of oil products after fuel shipments to the country were disrupted by the ongoing blockage of the Suez…
Crude Oil
Start of Trading in Abu Dhabi's Murban Futures a 'New Era' for Global Oil Markets
onday start for contracts for future delivery of UAE's flagship crude listed on international commodities exchange at ADGM
Crude Oil
Santos Restarts Production from Offshore Field Trio
Australian energy giant Santos has restarted production from the Ningaloo Vision FPSO following scheduled maintenance in Singapore.
Oil&Gas Drilling
Eni and Novatek Kicking off Drilling Ops off Montenegro
Italy’s oil and gas company Eni and Russia’s Novatek are starting drilling operations in waters offshore Montenegro, using Vantage Drilling’s Topaz Driller j…
Natural Gas
EU Sees Only Marginal Future Role For Natural Gas
There will be only a marginal role for natural gas in Europe's future energy mix if the region electrifies everything that can be electrified.
Oil Price
India and Saudi Arabia Spar Over Oil Prices
The decision by OPEC+, the Organization of the Petroleum Exporting Countries and its allies, at the start of this month to leave output unchanged despite a near…
Oil & Gas Trade
Sinopec Signs 10-Year Deal with Qatar Petroleum for 2 m tons of LNG
China Petrochemical Corp, or Sinopec Group, has signed a long-term purchase and sales agreement with Qatar Petroleum to buy 2 million tons of LNG from Qatar Pet…
Oil & Gas Trade
Fourteen U.S. States Sue Biden Administration over Oil and Gas Leasing Halt
In an attempt to challenge the pause on new oil and gas leasing on federal lands and waters, 14 U.S. states have filed lawsuits against President Joe Biden’s a…
Crude Oil
Uganda Postpones Launch of the East African Crude Oil Pipeline to April
The Ugandan government has announced that it has pushed back the launch of the East African Crude Oil pipeline to April following the death of Tanzania’s presi…
Oil&Gas Drilling
Masirah Completes Oil Project in Oman
Muscat-based Masirah Oil, which operates Block 50 off Oman’s east coast, has completed the planned upgrade of a mobile offshore production unit to 30,000 barre…
Oil&Gas Drilling
UK Seeks to Drill more Oil and Gas from North Sea
More oil and gas wells are to be drilled in the North Sea, the UK government has announced.
Crude Oil
OPEC+ Will Keep A Lid On Oil Production
OPEC+ will likely decide to keep oil production essentially steady for another month.
Crude Oil
Oil Slips On Small Crude Inventory Build
U.S. crude oil inventories went up by 1.9 million barrels in the week to March 19
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