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Natural Gas
Russian Gas Supply Via Yamal-Europe Pipeline Falls by More Than Half
Russian natural gas supplies via the Yamal-Europe gas pipeline on Tuesday fell by more than half from Monday, according to the data from grid operator Gascade, …
Oil Price
White House Speaking with OPEC About Oil Prices
White House speaking with OPEC about oil prices.
Oil Exploration
DNO Makes Small North Sea Oil Find. Another Well Comes Up Dry
Oil and gas operator DNO has made a small oil discovery on the Gomez prospect in one of its operated licenses in the Norwegian part of the North Sea.
Oil Price
Goldman Sachs Hikes Oil Price Forecast To $90
Tightening oil markets with robust demand recovery and disruptions to supply from Hurricane Ida prompted Goldman Sachs to hike its end-2021 oil price forecast t…
Oil & Gas Trade
Iran And Venezuela Strike Oil Swap Deal
Iran and Venezuela have struck a deal to swap heavy Venezuelan crude for Iranian condensate.
Oil Pipeline
Petrobras Closes Contaminated Gasoline Pipeline
Brazil's state-controlled Petrobras temporarily closed its 266km Opasc refined products pipeline because of sulfur contamination.
Crude Oil
Eni Adds New Field to Angola's Olombendo Crude Grade
Italian integrated oil firm Eni has started crude production from the Cabaca North project in Angola's deepwater block 15/06.
China
PetroChina, Hengli Win four Cargoes in First China Oil Reserve Sale
The prices were lower than the spot market as Middle East crude benchmark Dubai was at $74.09 a barrel on Thursday.
Oil & Gas Trade
Under U.S. Sanctions, Iran and Venezuela Strike Oil Export Deal
Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate that it can use to improve the quality of its tar-like crude, with the first…
Oil Field
Bohai Bay Offshore Oil Fields Mark Power Milestone
The country's first project to power the Bohai Bay offshore oil fields from shore kicked off operation on Thursday.
Armenia Eyes Energy Cooperation with Iran
The foreign minister of Armenia called for cooperation with neighboring Iran in the oil and energy sectors.
Net Zero Emission
Sri Lanka to Cease Building Coal-Fired Plants, Aims to be Net-Zero Emitter by 2050
Renewable energy sources such as wind and solar, and small and large hydro power plants together account for half of the island nation's installed electricity c…
Oil Price
Oil Price Hits Highest in Almost Three Years As Supply Tightens
Brent futures rose 84 cents, or 1.1%, to settle at $78.09 a barrel, while U.S. West Texas Intermediate crude rose 68 cents, or 0.9%, to settle at $73.98.
Oil & Gas Supply
Norway's August Oil Output Beats Forecast, Gas Lags
Norway's oil production beat official expectations in August, while its natural gas output lagged, preliminary data from the Norwegian Petroleum Directorate sho…
Oil Price
Demand Recovery Leaves $100/bl Oil on Track
Global commodity trading firm Trafigura is maintaining its forecast for oil prices to potentially hit $100/bl late next year, despite the risk of short-term Cov…
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