All necessary capacity available on Russian side 55 Bcm/year pipeline now close to completion Nord Stream 2 AG waiting on German certification Gazprom CEO Alexei Miller said Sept. 2 that Continue Reading
Global benchmark Brent oil was little changed, near $72 a barrel, after OPEC+ stuck with a plan to boost crude production, wagering that the market can absorb the additional supply. Continue Reading
Oil prices fell on Thursday after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging Continue Reading
Highlights Producer alliance counting on tight market to absorb increase Delegates say no discussions of November output levels Next OPEC+ meeting scheduled for Oct. 4 Seeing hearty global oil demand Continue Reading
The September meeting of OPEC+ today wasn’t expected to erupt in vehement disagreements. Unlike the last meeting, when a rift between Saudi Arabia and the UAE caused worry that the Continue Reading
Satellites detected a large release of super-warming methane gas over southern Iraq last month. The methane cloud, spotted by geoanalytics firm Kayrros SAS using European Space Agency satellite data, was Continue Reading
Italian energy group Eni (ENI.MI) said on Wednesday it had made a giant oil discovery in offshore Ivory Coast which could hold as much as 2 billion barrels of oil. Continue Reading
India’s gasoline demand is set to hit a record this fiscal year, with consumption accelerating as more people hit the road for business and leisure travel after easing of COVID-19 Continue Reading
Crude output in Venezuela’s key Orinoco oil belt plunged by a quarter to less than 300,000 barrels per day (bpd) in August due to a shortage of diluents needed to Continue Reading
Mexican oil is taking hit after hit this year. First, a deadly fire led to disruptions in production and then output was once again hindered by the anticipation of hurricane Continue Reading
