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Russia’s Energy Ministry Proposes Ban on Gasoline Export
Russia’s energy ministry said on Friday it filed a proposal for the government to start a procedure for a ban on gasoline exports.
Crude Oil
BW Working to Tie in Gabon Wells for First Oil Later This Year
Oil and gas company BW Energy has completed the final horizontal production well on the Dussafu Marin license in Gabon and is now working to tie in two wells fo…
Natural Gas
Turkey’s TPAO Conducts First Flow Test on Sakarya Gas Field
Turkey’s oil and gas company TPAO has successfully completed the first flow test of the Türkali-2 appraisal well in the Sakarya gas field located in the Black…
Oil Price
Saudi Arabia's Oil Exports Climb 147 per cent to $16 billion in May
The value of Saudi Arabia's oil exports in May increased 147 per cent to just over 60 billion riyals from a year earlier while non-oil exports rose by 70 per ce…
Carbon Emissions
Chinese Provinces to Pilot Carbon Emission Assessments
The Chinese ecology and environment ministry is spearheading a pilot programme across seven provinces aimed at assessing the carbon emission impact of projects …
Natural Gas
East Timor's Bayu-Undan Infill Well Produces First Gas
The $235mn project was sanctioned in January.
Energy Security
Over 90% of Sinopec Henan Gas Stations have Resumed Operations!
Since July 17, China's Henan Province has experienced the first extreme heavy rainfall in its history.
Energy Transition
Chevron Sets up Energy Transition Unit, Names Company Insider As Head
Chevron Corp on Thursday announced the creation of a new unit to manage the second largest U.S. oil producer's low-carbon investments, with an initial focus on …
South Korea
South Korea: Hyundai Oilbank Sells Storage Terminal Business
Hyundai Oilbank will sell off a majority stake in its oil storage terminal in Ulsan, on the country's southeast coast, to help fund its green energy projects.
Oil Pipeline
OMV: Nord Stream 2 Could Start Shipping Gas This Year
The Russia-led Nord Stream 2 natural gas pipeline could begin shipping gas as soon as this year, one of the western investors in the project
Crude Oil
Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel
Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude o…
China
Sinopec's million-ton Ethylene Project is About to Put into Production
At present, Sinopec has a comprehensive crude oil processing capacity of 9.2 million tons/year in Hainan.
Hydrogen Project
Is Hydrogen the New Oil?
Hydrogen may have lost the race to fuel electric cars but looks a likely contender to replace fossil fuels in trucks, ships, planes and heavy industry.
Crude Oil
Exxon Makes Another Major Oil Discovery Offshore Guyana
ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.
Oil & Gas Trade
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
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