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Crude Oil
Goldman Sachs: Here’s How Oil Prices Could Reach $90 This Winter
Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on W…
Oil & Gas Trade
India's Oil Imports Rose to 4-month High in August
Indian refiners mostly buy oil about two months ahead of processing.
Net Zero Emission
Petrobras Commits to Net Zero Carbon Emissions
Petrobras' public-private structure means that it will face closer scrutiny over its emissions than other national oil firms
Oil & Gas Supply
OPEC+ Boosts Compliance With Oil Production Cuts To 116%
The OPEC+ group of producers raised their compliance with the ongoing collective production cuts to 116 percent in August, up from 109 percent compliance in Jul…
Oil Price
Oil Rebounds On Tight Global Energy Supply
Oil prices rose early on Tuesday, halting two consecutive days of losses as the global natural gas crunch has the market evaluating the potential of higher dema…
Crude Oil
Nigeria Hopeful Opec+ will Grant Baseline Change
Nigeria remains hopeful that the Opec+ group will grant its latest request to raise the baseline from which its crude output quotas are calculated, despite prev…
Oil Field
Sinopec Gas Field Announces Big Production Numbers
As the world's first large gas field with buried depth of more than 7,000 meters and a high-sulfur content reef, the gas field is ultra-deep, high temperature, …
Oil & Gas Trade
China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says
Natural gas will become China's top fossil fuel resource around 2050
Oil Pipeline
US, Several EU States Continue to Oppose Nord Stream 2
Lavrov explained that Germany is actively involved in the project and has confirmed its commitment to it.
Geothermal Power Plant
Rystad Energy: Geothermal Power on the Rise
Additional interest in geothermal may be generated by the repurposing of existing oil and gas infrastructure as well as the extraction of lithium.
Natural Gas
China’s Gas Consumption Growth Potential “Stunning”
China’s natural gas consumption is growing faster than any other country in the Asia-Pacific, a Russian gas CEO said on Friday.
Oil Price
Oil Falls As Storm-Hit U.S. Supply Trickles Back into Market
Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output.
UAE-UK Ink New Energy Partnership
Abu Dhabi National Oil Company, bp and Masdar announced the signing of strategic framework agreements to expand upon the UAE and UK’s longstanding track record…
Natural Gas
Brazilian Gas Availability Tops 55mn m³/d in August
Brazilian natural gas available to the market equaled 55.3mn m³/d in August, preliminary data from Brazil's oil and gas regulator ANP shows.
OFFICIAL LAUNCH CEREMONY | 3RD ECOWAS FORUM AND EXHIBITION ON THE MINING AND OIL SECTORS
Niger's economy is developing rapidly as GDP growth was estimated at 6.2% in 2019 and is expected to increase to 6.5% in 2021.
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