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Oil
Crude Oil
Oil Price Rally Fades as OPEC’s Plans Overshadow U.S. Stimulus
A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming n…
Oil&Gas Drilling
Eni: New Oil Discovery and New Production in the Western Desert of Egypt
New oil resources discovered in the Western Desert of Egypt with a new exploration well in Meleiha Concession. The new discovery adds 10,000 barrels of oil per …
Oil Pipeline
Russian Nord Stream 2 Pipe-Laying Vessel Leaves German Site, Indicating Project Progress
Fortuna was now heading for the north German port of Wismar, the data showed.
Crude Oil
Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit o…
Oil&Gas Drilling
Santos Grabs Exploration Permit off Australia
Australian energy major Santos has been granted an offshore exploration license in Australia’s Northern Carnarvon Basin.
Oil & Gas Trade
Minister Says Iran Welcomes Russian Companies' Investment in Oil Sector
Iran's Minister of Petroleum Bijan Namdar Zanganeh invited Russian companies to invest in his country's oil industry.
Natural Gas
China's Gas Output to Surpass 186 billion Cubic Meters
The output of natural gas in China is likely to reach over 186 billion cubic meters this year, said an official with the National Energy Administration.
Crude Oil
Iraq Works to Boost Southern Crude Export Capacity
Iraq's oil ministry is working to boost the country's crude oil storage capacity at the southern port of al-Faw as part of plans to nearly double its southern o…
LNG
China Grabs Control Of LNG Infrastructure In Move To Bolster Energy Security
In recent months China has earned itself a prime spot in lots of energy headlines thanks to President Xi Jinping’s ambitious carbon curbing and clean energy go…
Namibia
Namibia’s Energy Ministry Further Extends Suspension on Fuel License Applications
The Ministry of Mines and Energy has extended the temporary suspension on the application of new fuel retail sites and the issuing of wholesale licences to 28 F…
Oil Field
Iran Begins Drilling at Next Phase of South Pars Oil Field
Drilling operations at phase 11 of the massive South Pars oil field began last week, as Iran continues to build towards the recovery of natural gas from March n…
Oil Field
China's Changqing Oilfield Exceeds 60 million tonnes of Annual Output
Changqing Oilfield, China's largest oil-and-gas field, has produced over 60 million tonnes of oil equivalent of crude oil and natural gas so far this year to hi…
Oil Field
Saudi Arabia Makes Four Oil and Gas Discoveries
Oil was discovered in the Al-Ajramiyah well, northwest of the city of Rafhaa, with tests showing a rate of 3,850 barrels per day (bpd).
Oil&Gas Drilling
The ANH Approved the Assignment of Ecopetrol's 50% Interest to Shell
The ANH approved the assignment of Ecopetrol's 50% interest to Shell and the operation by the latter in 3 blocks off the Colombian Caribbean coast
Oil Price
China’s Wholesale LPG Prices Surge on Firm Demand
China wholesale LPG prices have surged across the country this month, bolstered by strong international prices and rising domestic demand.
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