Oil

Oil Price
Oil Extends Advance Above $70 Amid Improving Demand Outlook
Oil extended gains above $70 a barrel after an industry report pointed to another draw in U.S. crude stockpiles, reinforcing optimism around the demand recovery…
Nuclear Power Plant
Iraq Plans Nuclear Power Plants to Tackle Electricity Shortage
Iraq is planning to build eight nuclear reactors to tackle a crippling power shortage in the oil-rich economy.
Natural Gas
Iraq Hopes to Restore Full Iranian Gas Import Volumes
The news comes just as the temperatures in Iraq have begun to soar.
Natural Gas
1st Leg of Nord Stream 2 Pipeline to Supply Gas in 10 days
Russian President Vladimir Putin announced the completion of the first leg of the Nord Stream 2 pipeline between Moscow and Berlin, which is expected to supply …
Oil Refinery
EU to Help Kazakhstan Upgrade Atyrau Oil Refinery to Address Air and Soil Pollution
The remediation work is the result of a long-term engagement between the EBRD and the refinery that combines financing and reforms aimed at reducing the environ…
Oil Exploration
Uganda Picks Four Firms For New Oil Exploration Round
Uganda has shortlisted four companies for an exploration round following its second oil exploration tender ever.
OPEC
Russia Claims Its Compliance With OPEC+ Cuts Was Almost 100% In May
Russia was close to complying 100 percent with its oil production quota under the OPEC+ deal in May
Natural Gas
Gas a Pragmatic Answer to Realise Energy Transition
The destiny of the world rests in innovative utilisation of hydrocarbons whilst embracing the rise of renewables in the global energy mix, Secretary General of …
Oil Field
Australia’s Karoon Takes FID on Patola Oil Field
Australian independent Karoon Energy has made a positive final investment decision on the 10,000 b/d Patola oil field in the Santos basin offshore Brazil at a d…
Video: Expect a Big Rebound in Global Energy Demand in 2021
Oil prices have broken through $50 a barrel for the first time since February, and Big Oil stocks have seen a bounce with Exxon up 44% from its year low and Che…
Natural Gas
Turkey Expected to Announce New Black Sea Natural Gas Discoveries
Turkey has discovered further deposits of natural gas in the Black Sea, according to people familiar with the matter, and is likely to make an announcement soon…
LNG
NOVATEK and Zhejiang Energy Sign LNG Supply Agreement
PAO NOVATEK announced that as part of the Saint-Petersburg International Economic Forum, its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd.
Natural Gas
TotalEnergies and Novatek Sign Russian MoU
Companies will jointly work on emissions reductions including through use of renewables
Natural Gas
South Korea to Raise Natural Gas Inventory Requirements
South Korea's state-controlled gas importer Kogas will be required to hold natural gas inventories equivalent to nine days of demand from October, up from seven…
Natural Gas
Israel Weighing Fewer Limits on Natural Gas Exports
Israel is considering rolling back export limits on natural gas, allowing energy companies to sell more abroad before demand wanes in the global market.

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Oil

Oil Extends Advance Above $70 Amid Improving Demand Outlook

Iraq Plans Nuclear Power Plants to Tackle Electricity Shortage

Iraq Hopes to Restore Full Iranian Gas Import Volumes

1st Leg of Nord Stream 2 Pipeline to Supply Gas in 10 days

EU to Help Kazakhstan Upgrade Atyrau Oil Refinery to Address Air and Soil Pollution

Uganda Picks Four Firms For New Oil Exploration Round

Russia Claims Its Compliance With OPEC+ Cuts Was Almost 100% In May

Gas a Pragmatic Answer to Realise Energy Transition

Australia’s Karoon Takes FID on Patola Oil Field

Video: Expect a Big Rebound in Global Energy Demand in 2021

Turkey Expected to Announce New Black Sea Natural Gas Discoveries

NOVATEK and Zhejiang Energy Sign LNG Supply Agreement

TotalEnergies and Novatek Sign Russian MoU

South Korea to Raise Natural Gas Inventory Requirements

Israel Weighing Fewer Limits on Natural Gas Exports