Opec

LNG
China's Sinopec Completes Its First LNG Bunkering Operation
The bunkering, or marine refuelling, operation transferred 250 tonnes of LNG by truck to a China Merchant Shipping vessel
Crude Oil
Opec Lifts Oil Demand Forecast for 2022
Opec has increased its global oil demand forecast for 2022 by almost 1mn b/d, taking it back above 100mn b/d, even though there was some disquiet about this at …
Oil Price
Oil Rises to Six-Week High as U.S. Supply Concerns Dominate
Oil prices rose to a six-week high on Monday as U.S. output remains slow to return two weeks after Hurricane Ida slammed into the Gulf Coast and worries another…
OPEC
GECF Joins OPEC Ministerial Roundtable on Energy, Climate and Sustainable Development
Addressing more than 100 delegates, HE Yury Sentyurin, Secretary General of the GECF, said that the 18-member consortium is fully committed to develop actions t…
Crude Oil
Libya can Pump 2 million bpd of Oil by End 2022 Under $1.1bn Spending Plan: Finance Minister
Libya’s oil output could rise to 2 million barrels per day by the end of 2022 if the industry is given the $1.1 billion it has been allocated in the budget, ac…
Crude Oil
Nigeria Struggles to Meet OPEC’s Crude Oil Quota
Despite requesting for a higher baseline in August, Nigeria failed to meet the existing crude oil supply quota allocated to it by the Organisation of Petroleum …
Hydrogen Production
Sinopec Building Two of the World’s Largest Solar Hydrogen Plants in Northern China
Sinopec is accelerating its hydrogen production capacity by building some of the world’s biggest solar hydrogen plants in China.
Crude Oil
Russia’s Oil Production To Drop By Just 1% This Year
Russia’s oil production this year is expected to be 1 percent lower compared to 2020, in view of the OPEC+ agreement.
Crude Oil
Oil Rises After Opec+ Agrees to more Supply
Group's joint ministerial monitoring committee expects a surplus of 2.5 million bpd in 2022
OPEC
OPEC+ Ignores Biden, Keeps Output Plans Unchanged
The September meeting of OPEC+ today wasn’t expected to erupt in vehement disagreements.
Crude Oil
OPEC+ Likely to Keep Oil Output Policy from September Unchanged, Sources Say
OPEC+ is likely to keep its oil output policy unchanged when the group meets on Wednesday and continue with its planned modest production increase.
Crude Oil
OPEC Stays the Course on Output Hikes As Oil Prices Rebound
OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stum…
Oil Exploration
Chinese Oil Major Sinopec Announces Oil, Gas Discovery
China’s state-owned oil and gas major Sinopec has struck oil and gas at a field in the northwestern province of Xinjiang, Reuters reports, adding that the rese…
Natural Gas
China's Sinopec Adds New Tanks at East China Gas Receiving Terminal
This would be 17 per cent more than its current annual capacity of 6 million tonnes
Crude Oil
Saudi Arabia’s Crude Oil Exports Dropped in H1 by 20%
Saudi Arabia could not ship more crude oil in the first half as it voluntarily restrained output under OPEC+ production-cut agreement; however, high oil prices …

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Opec

China's Sinopec Completes Its First LNG Bunkering Operation

Opec Lifts Oil Demand Forecast for 2022

Oil Rises to Six-Week High as U.S. Supply Concerns Dominate

GECF Joins OPEC Ministerial Roundtable on Energy, Climate and Sustainable Development

Libya can Pump 2 million bpd of Oil by End 2022 Under $1.1bn Spending Plan: Finance Minister

Nigeria Struggles to Meet OPEC’s Crude Oil Quota

Sinopec Building Two of the World’s Largest Solar Hydrogen Plants in Northern China

Russia’s Oil Production To Drop By Just 1% This Year

Oil Rises After Opec+ Agrees to more Supply

OPEC+ Ignores Biden, Keeps Output Plans Unchanged

OPEC+ Likely to Keep Oil Output Policy from September Unchanged, Sources Say

OPEC Stays the Course on Output Hikes As Oil Prices Rebound

Chinese Oil Major Sinopec Announces Oil, Gas Discovery

China's Sinopec Adds New Tanks at East China Gas Receiving Terminal

Saudi Arabia’s Crude Oil Exports Dropped in H1 by 20%