Oil and Petrochemicals
ADNOC Signs 10-Year LNG Contract with Gujarat Energy of India
ADNOC has signed a 10-year liquefied natural gas (LNG) sales and purchase agreement with Gujarat Energy of India. The co...
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Oil and Petrochemicals
ONGC Negotiating to Acquire Oil Fields in Venezuela
Oil and Natural Gas Corporation of India (ONGC) is negotiating to acquire operations of two oil projects in Venezuela. T...
Oil and Petrochemicals
SLB OneSubsea Receives Lira Subsea Systems Contract from Aker BP
SLB OneSubsea has received a contract for the supply of subsea production systems and related cables for the Lira field...
Oil and Petrochemicals
Natural Gas Prices Rise Above $3 on Friday
Natural gas prices reached above $3.000 per million BTU on Friday. This increase was due to renewed flows of liquefied n...
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Challenges of Norway's Oil and Gas Industry Without New Discoveries
Norway's oil and gas industry faces a projected decline of 1.9 million barrels of oil equivalent per day by 2040. This i...
Technology
IEA predicts 4,800 gigawatts of new renewable energy by 2031
The International Energy Agency (IEA) announced that global renewable energy capacity will increase to 4,800 gigawatts b...
Oil and Petrochemicals
Sharp Decline in Brent and West Texas Intermediate Crude Oil Prices Last Week
Brent and West Texas Intermediate crude oil prices experienced declines of 16.9% and 13.2% respectively last week. This...
Oil and Petrochemicals
Explosion at Saratov Oil Refinery in Russia
Ukrainian drone attacks on the Saratov oil refinery in Russia resulted in several explosions and widespread fires. This...
Oil and Petrochemicals
Citigroup's Report on Changes in the Mindset of Oil Market Participants
Citigroup has pointed out in its latest report the noticeable change in the mindset of oil market participants and repor...
Oil and Petrochemicals
China's Diesel Export Forecast Cut for November by Energy Aspects
Energy Aspects has reduced its forecast for China's diesel exports in November to 580,000 tons. This decrease is due to...
Oil and Petrochemicals
15% Decrease in Oil Prices Amid Hopes for US-Iran Peace Agreement
Oil prices fell by 15% this week due to hopes for a peace agreement between the US and Iran. This decrease comes as atta...
Economy
Sempra points to the growth of energy demand in Texas
Sempra highlighted the increasing energy demand from oil and gas producers and industries, which could contribute to Tex...