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Paris Climate Agreement
India on Track to Achieve Paris Agreement Targets Before 2030 Deadline, Modi Says
Opec+ decision to continue with output cuts will hurt consumers, according to India’s oil minister
Crude Oil
OPEC, Allies Agree to Keep Oil Output Steady into April
The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed on Thursday to largely continue current production levels into April.
Crude Oil
Oil Extends Gains on OPEC+ Supply Restraint, Expected Demand Recovery
U.S. West Texas Intermediate crude futures climbed 17 cents, or 0.3%, to $64.00 at 0128 GMT, holding below a 13-month high hit on Thursday.
Crude Oil
PetroSA Merger to Form South African National Petroleum Company
In South Africa, the portfolio committee on mineral resources and energy was recently briefed by the department of mineral resources and energy on the merger of…
Crude Oil
Saudi Arabia And Russia Could Raise Oil Production By 1 Million Bpd
Saudi Arabia and Russia are talking about bringing back online 1 million bpd to the oil market, citing sources familiar with the matter.
LNG
Australia’s January LPG Exports Rise by 45pc on Year
Australia's January LPG exports of more than 244,000t rose by 44.7pc from a year earlier but were around 14pc below December shipments, with the year-on-year ri…
Oil & Gas Trade
India Calls On OPEC+ To Ease Cuts And Stop Pushing Oil Higher
India is calling again on the OPEC+ coalition to boost production from April, because the world’s third-largest oil importer is not particularly happy with thi…
Oil Field
EnQuest Starts Shutting Down Don Fields in North Sea
UK oil and gas company EnQuest has started the cessation of production activities on the Northern Producer floating production facility at the Don fields in the…
Crude Oil
Opec+ to Convene Amid Robust Recovery in Global Oil Prices
The group could raise output by 500,000 to 700,000 bpd
Oil&Gas Drilling
ReconAfrica Updates Kavango Drilling Program
ReconAfrica recently provided an update on its drilling program in the Kavango sedimentary basin in the Kalahari Desert of North East Namibia.
Crude Oil
OPEC+ Decision To Raise Output Could Keep U.S. Gasoline Under $3
Rallying oil prices in recent weeks have intensified speculation that this week the OPEC+ group will decide to put more oil on the market as of April to prevent…
Oil & Gas Trade
Pakistan Hopes to Save $3 Billion in New Gas Deal with Qatar
Khan's government has said it was trying its best to overcome an energy shortfall through different measures
Oil & Gas Trade
Turkey's Imports of Natural Gas from Iran Fell by 31% in 2020
Turkey imported 5.32 billion cubic meters of natural gas from Iran in 2020, a year-on-year decrease of 31%.
Oil & Gas Trade
S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data
South Korea's February crude oil imports fell 14.7% to 73.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energ…
Crude Oil
Oman Starts New Energy Company As it Seeks to Leverage Oil Block
New government-owned Omani energy company is established as it seeks to use its largest oil block to raise debt
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