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Oil Price
How Will Biden’s Presidency Impact South America’s Oil Boom?
Much has been made of President-elect Joe Biden’s energy policies and the negative impact they will have on the U.S. oil industry, which is laboring to survive…
Crude Oil
Floating Oil Storage Shrinks Amid Robust Asian Demand
Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in orde…
Crude Oil
Petrobras Sets Oil Production Record in 2020
Robust Chinese demand for pre-salt crude buoyed Brazil' state-controlled Petobras in 2020, helping spur record output of 2.28mn b/d of oil.
Oil Pipeline
China Gas Pipeline in Northern Guangdong Begins Operations
China Petroleum & Chemical Corp, or Sinopec, said a 238-kilometre natural gas pipeline in the northern part of China's southern province Guangdong has started o…
Crude Oil
Japan Imported 19 million Barrels of Crude Oil from the UAE in November
Japan imported 19 million barrels of crude oil from the UAE in November 2020, accounting for 27.5 percent of Japan's total crude oil imports that month.
Oil & Gas Supply
Belarus Secures Russian Oil and Gas Supplies for 2021
The details of the bilateral deal, however, do not appear to reflect any sort of compromise by both sides.
Crude Oil
IRAQ DATA: Dec Oil Production up 4.7%, Breaching OPEC+ Quota
OPEC's second-largest producer had a 3.804 million b/d quota for December under the OPEC+ deal.
Natural Gas
Russia Doubles Pipeline Gas Contract Supplies to China
Natural gas deliveries from Russia to China through the Power of Siberia 1 pipeline have risen sharply, doubling contracted pipeline gas supplies to a rate of 1…
Coal Technology
Researchers Turn Coal Powder into Graphite in Microwave Oven
Using copper foil, glass containers and a conventional household microwave oven, University of Wyoming researchers have demonstrated that pulverized coal powder…
Oil & Gas Trade
Gladstone December LNG Exports Hit Record High
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone hit a new high in the last month of 2020.
Oil & Gas Trade
OPEC+ Allows Kazakhstan to Increase Oil Production in February and March
OPEC+ countries reached agreement on the terms of the deal for February and March.
Crude Oil
Russia: Annual Oil Production at Lowest Level Since 2011
Russia’s oil production declined last year for the first time since 2008 and reached its lowest level since 2011 following a global deal to cut output and low …
Oil Shale
China's Sinopec Builds First Phase of New Shale Gas Field in Sichuan
Weirong, located in Neijiang and Zigong cities, is the state energy giant's second major shale gas development after Fuling, which is also located in the same S…
Oil&Gas Drilling
Trump Administration Finalizes Alaska Oil Drilling Plan
The Trump administration has finalized a plan that will open up more land for oil and gas drilling in the Alaska Petroleum Reserve, the Bureau of Land Managemen…
Crude Oil
OPEC+ Meeting Ends With Major Surprise Cut From Saudi Arabia
After another round of drama and a stalling of the talks on Monday, the Tuesday extension of the OPEC+ meeting concluded at long last with a solution upon which…
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