Oil and Petrochemicals
Equinor Aims for 15 Million Tons of LNG in Coming Years
Equinor plans to increase its LNG capacity to 15 million tons per year by the early 2030s. The company is looking to mee...
Oil and Petrochemicals
Oil and Petrochemicals
Damage to Saudi Arabia's East-West Pipeline Highlights Limitations of Energy Supply Options
Damage to Saudi Arabia's East-West pipeline reveals the limitations of energy supply options. This pipeline, with a capa...
Oil and Petrochemicals
Natural gas futures reach $3/MMBtu on the New York Stock Exchange
Natural gas futures on the New York Stock Exchange faced a price increase early Wednesday, but encountered technical res...
Oil and Petrochemicals
Russia Extends Diesel Export Ban Until October 31
Russia, by extending the diesel export ban until October 31, has pointed to the need to rebuild fuel reserves before win...
Oil and Petrochemicals
Decrease of 600,000 Barrels in Crude Oil Reserves in the United States
Crude oil reserves in the United States reached 423.4 million barrels in the week ending September 11. Fuel demand has a...
Oil and Petrochemicals
OMV announces the commercial discovery of oil 'Essar' in the Sirte Basin of Libya
OMV has confirmed its oil discovery in the Sirte Basin of Libya as commercially viable. The recoverable oil volume of th...
Oil and Petrochemicals
Natural gas prices in the West proceed with caution
Natural gas prices in physical markets have stalled due to anticipation for new storage data and a potential increase in...
Oil and Petrochemicals
The Ordinary General Assembly of Persian Gulf Holding was held with the election of the board of directors
The Ordinary General Assembly of Persian Gulf Holding was held extraordinarily and new board members were elected. Addit...
Oil and Petrochemicals
Decrease in Brent and West Texas Oil Prices Due to Improved Saudi Supply Forecast
Brent oil prices for November delivery fell by 2.7% to $105.83 per barrel. West Texas crude for October delivery also de...
Oil and Petrochemicals
NGL3100 Feed Gas Sale Contract Signed
The NGL3100 feed gas sale contract was signed on behalf of the National Iranian Oil Company with Petro Refining Dehloran...
Oil and Petrochemicals
Signing of LNG Supply Contract with Petrobras for Phase Two of Arthur Port LNG
Sempra Infrastructure has signed a 20-year LNG supply contract with Brazil's Petrobras for Phase Two of the Arthur Port...
Oil and Petrochemicals
India Responds to New U.S. Oil Sanctions on Russia
India warned that the new U.S. bill regarding oil sanctions on Russia could affect relations between New Delhi and Washi...