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Energy Investment
Iran Considers Allowing People to Invest in Oil on Local Exchange
Iran is considering letting residents invest in oil on the domestic energy exchange.
Oil Field
Kazakhstan Reduces Production of Oil and Condensate by 1.4%
Oil and condensate production decreased by 1.4% in seven months of 2020.
United States
Donald Trump Poised to Roll Back Methane Regulations for Oil and Gas Industry
President Trump is planning to relax regulations governing methane emissions in the oil and gas industry, according to reports, in a move that could allow milli…
Russian Federation
Huge Blast Rips Through Gas Station in Russian City of Volgograd, Injuring at Least 13
At least 13 people are injured following an explosion sparked by a fire at a gas station in Volgograd, Russia, with 10 of the victims being rushed to the hospit…
Oil & Gas Trade
Russia's Oil Product Exports to the U.S. Jump to 16-Year High
Russia's exports of petroleum products to the United States more than doubled in the first half of 2020 compared to the same period last year.
Gas power plant
Siemens and BP to Expand Largest Gas-to-Power Project in Latin America
Brazil-based State Power Investment Corporation, has signed a deal with EIG Global Energy Partners, bp and Siemens to acquire a 33% stake in the largest gas-to-…
LNG
Sempra Energy Says Cameron LNG Plant Launches Full Commercial Operations
US energy company Sempra Energy said late Monday its $10 billion Cameron liquefied natural gas (LNG) export terminal in Louisiana has started full commercial op…
LNG
Brazil’s SPIC to Acquire Stake in LNG-to-Power Projects
Brazil’s State Power Investment Corporation (SPIC) has signed an agreement with Siemens, BP and Prumo to acquire a 33% stake in two LNG-to-power projects.
Mauritius
Mauritius Must Prepare for 'Worst-Case Scenario' After Oil Spill, Prime Minister Says
Mauritius Prime Minister Pravind Jugnauth told the Indian Ocean island nation to prepare for the “worst-case scenario” after a crippled Japanese ship leaked o…
Oil & Gas Trade
Shale Job Losses Accelerating and the Worst May be Yet to Come
Roughneck job cuts accelerated in July and the outlook may worsen as new Covid-19 cases stifle economic activity, according to the Petroleum Equipment and Servi…
Saudi Arabia
Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank
Saudi Aramco, the world’s largest oil company, said on Sunday that its quarterly earnings plunged more than 73 percent compared to a year ago, as lockdowns imp…
Azerbaijan
BP has Ambitious Long-Term Plans for Work in Azerbaijan's Oil&gas Sector
BP will continue its business in Azerbaijan, Bakhtiyar Aslanbayli, BP’s communications and advocacy vice president for the Middle East and Caspian Region state…
United States
Sasol Sees Loss With $6.3 Billion in Writedowns, Oil Slump
Sasol Ltd. said it will swing to a full-year loss per share after writedowns on U.S. chemical assets contributed to 112 billion rand ($6.3 billion) of charges a…
Quotation for Purchase of 6000030680- Coil Clsg
Request for Quotation for Purchase of 6000030680- Coil Clsg
Breaking Down the Oil Outlook as OPEC Increases Production
Prosper Trading Academy CEO Scott Bauer to discuss the outlook for oil as looming OPEC supply surge adds to demand woes.
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