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Oil & Gas Supply
Oil & Gas
Algeria Say Ready to Supply EU with Extra Gas Amid Ukraine Crisis
Algeria’s state energy firm is ready to supply Europe with more gas in view of a possible decline due to the Russian invasion of Ukraine, its CEO said Sunday.
Oil & Gas
IOC to Ramp up LPG Output in NE by 53% to 8 Crore Cylinders by 2030
The oil major plans to add three new plants in the Northeast.
Oil & Gas
Japan Willing to Release Oil Reserves
Japanese government officials have indicated a willingness to join other countries in releasing oil reserves.
Oil & Gas
Greece Lines up Additional Gas Supplies as Ukraine Tensions Rise
Greece has lined up additional supplies of pipeline gas and liquefied natural gas (LNG) should existing plans be disrupted by the Ukraine crisis, a government s
Oil & Gas
The State of Play of Africa’s Deepwater Discoveries
While global demand sees an upward trend in a post-COVID-19 environment, oil and gas producing countries have been unable to maintain supply owing to a myriad o
Oil & Gas
European Gas Storage Levels Survive Winter but Summer Refilling Looms
European gas storage levels have fallen less than feared after a mild winter and unprecedented deliveries of liquefied natural gas (LNG), but refilling will be
Oil & Gas
Cutting Russia’s Oil Flow To Europe Would Be A Disaster
The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe.
Oil & Gas
Opec+ Agrees 400,000 b/d Hike for March
Opec+ ministers have agreed to press ahead with another 400,000 b/d increase in the group's crude output quota next month.
Oil & Gas
Venezuela Takes First Iranian Condensate of 2022
Venezuela has received this year's first cargo of the Iranian condensate that has proven critical to its crude production recovery.
Oil & Gas
OPEC+ Set To Continue With 400,000 Bpd Production Increase
The OPEC+ group is expected to decide next week whether it should continue unwinding the oil production cuts by another 400,000 barrels per day in March
Oil & Gas
Guyana’s Oil Production To Increase Three-Fold Next Month
Exxon plans to begin oil production from a second platform offshore Guyana next month
Oil & Gas
Russia’s Oil Output to Rise by 5% in 2022
Russia’s deputy prime minister Alexander Novak expects the oil output to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Oil & Gas
China 2021 Crude Oil Output Expected to Total 199 mln T -Energy Administration
China’s crude oil output in 2021 is expected to total around 199 million tonnes, or about 3.98 million barrels per day, clocking a third straight annual rise
Oil & Gas
Shell to Supply Brazilian Natural Gas Plants
Shell will supply two of the natural gas thermoelectric plants that won the latest Brazilian capacity tender — the already existing Termopernambuco plant in Ba
Oil & Gas
Global Oil Supply Set to Outpace Demand Amid Higher Production, IEA Says
The surge in new Covid cases is expected to 'temporarily slow' but not upend the recovery in demand
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1
Totalenergies Says Oil Production to Hit High End of Q2 Guidance
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Oil Spill Fear After Fatal Explosion on Chevron FSO Offshore Thailand
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Over 40% of US Gulf of Mexico Oil Output Shut-in by Francine
4
Death Toll in Russia Petrol Station Blast Rises to 13
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Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties
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Harbour Energy Begins Production At Talbot Development In UK North Sea