Qatar’s recent decision to go ahead with bold plans for the North Dome , its supergiant non-associated gas reservoir, together with corollary deals to secure massive new liquefied natural gas Continue Reading
The ongoing record production cuts from the OPEC+ group are set to push oil prices up to ‘normal’ levels soon, Suhail Al Mazrouei, energy minister of the United Arab Emirates Continue Reading
OPEC’s second-largest producer, Iraq, which is also the least compliant member of OPEC+, has made significant cuts in its crude oil exports so far in June, in a move suggesting Continue Reading
Iraq’s state-run North Oil Company (NOC) has fallen two months behind in paying hundreds of local residents contracted to guard oil wells in the Kirkuk area, potentially compounding the threats Continue Reading
After flooding the U.S. with crude earlier this year, Saudi Arabia has all but cut off the taps to the American oil market. The kingdom has exported just one cargo to Continue Reading
The world’s third-largest crude oil importer, India, plans to double its refining capacity by 2030 from the current 5 million barrels per day (bpd), Oil Minister Dharmendra Pradhan said at Continue Reading
Exxon has reduced its crude oil production at the Liza offshore field in Guyana due to the risk of excessive flaring, according to the South American country’s regulator, as quoted Continue Reading
Authorities in Beijing have described new outbreaks in the Chinese capital as “very severe” and warned residents not to travel outside the city unless absolutely necessary. In a press conference reported Continue Reading
Scores of flights to and from Beijing were cancelled, schools shut and some neighbourhoods blocked off as officials ramped up efforts to contain a coronavirus outbreak that has fanned fears Continue Reading
Beijing cannot rule out the possibility that the number of COVID-19 cases in the city will stay at current levels for some time, a city official said on Wednesday. Pang Continue Reading
