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United Kingdom
Scotland’s First Minister Calls on UK to “Reconsider” Oil and Gas Permits
Scotland’s First Minister Nicola Sturgeon called on the UK government to reconsider oil and gas licenses, just days after a United Nations panel warned of dire…
Oil Field
POSCO International to Explore Gas Field in Malaysia
POSCO International will explore an offshore gas field in Malaysia to create a second success story following its jackpot in Myanmar.
Crude Oil
Opec Lifts Oil Supply Forecast, Demand Unchanged
Opec has kept its global oil demand growth projections for 2021-22 unchanged but it has lifted its forecast for supply on the back of rising Opec+ quotas.
Energy Security
Oil Spill in Black Sea Much Bigger than Reported - Russian Scientists
A leak occurred as the Greek-flagged Minerva Symphony tanker took on oil at the Yuzhno-Ozereyevka sea terminal near Novorossiysk in southern Russia, the Caspian…
Guyana
Guyana Creating New Authority for Oil Sector
The petroleum commission will also insulate the sector "from undue political interference" and remove responsibilities from government ministers
LNG
Russia Pipeline Supplies 10 bln Cubic Meters of Natural Gas to China
China has imported over 10 billion cubic meters of natural gas via the China-Russia east-route natural gas pipeline since its operation in 2019.
LNG
CCCC Wins Major Contractor Gig for Kamchatka LNG
Russian federal seaports agency Rosmorport has awarded China Communications Construction Company a contract to build Novatek’s Kamchatka LNG terminal in Bechev…
Oil & Gas Trade
Russian Novatek Expands Its LNG Supply to Vietnam
Russia’s largest independent natural gas producer Novatek has established its representative office in Hanoi to supply LNG to the Vietnamese market.
Oil Shale
Exxon Continues To Shed Shale Assets
ExxonMobil has started marketing gas assets in the Fayetteville Shale in Arkansas, the US supermajor’s spokeswoman Julie King told Reuters on Wednesday.
Crude Oil
Oil Tanker Explodes In Syrian Port
An explosion on an oil tanker moored at the Syrian port of Latakia caused a fire that has injured two people in an incident on what was identified as a tanker p…
Crude Oil
Oil Turns Positive, Clawing Back Losses After White House Calls on OPEC to Boost Production
Oil prices reversed losses to trade in the green on Wednesday, after the White House called on OPEC and its allies to increase oil production to support the glo…
Uganda International Oil and Gas Summit
The Uganda International Oil and Gas Summit will examine the future of oil and gas exploration and production in Uganda, setting out the government's vision…
Energy Security
G7 Comments on Oil Tanker Attack
The G7 foreign ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America, and the high representative of the Europ…
Oil Field
Energy-Starved Bangladesh Discovers New Gas Field Worth Over $148 mn
Bangladesh has announced to have discovered a new gas field containing a probable reserve of about 68 billion cubic feet worth over $148 million
Natural Gas
China Starts Work on Gas Pipeline for Olympic Venue
Beijing will be the official host of the Games, taking place in February, but some skiing and snowboarding events will take place in Zhangjiakou, some 170 km no…
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