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Five Major Challenges Facing The Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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202021-10

Eni launches sustainable aviation fuel production
　　Eni plans to double its current bio-refining capacity of 1.1 million tonnes/year within the four-year period.　　Eni has launched the production of alternat

132021-10

Arab Region Natural Gas Demand Growing at ‘Fastest’ Pace
　　The Organisation of Arab Petroleum Exporting Countries (OAPEC) said on Monday that demand for natural gas in the wider Arab region is rising at its "fastest

082021-10

Surprise Crude Build Caps Oil Prices
　　The American Petroleum Institute (API) on Tuesday reported a surprise build in crude oil inventories of 4.127 million barrels for the week ending September

282021-09

Global gas market set for reasonably bullish 5-yr outlook -Vitol CEO
　　Global gas prices are at "extreme levels" due to low inventories and strong demand in Europe, and the market is set for a reasonably bullish five-year outlo

242021-09

Natural gas to play pivotal role for next 50 years: Al Jaber
　　Natural gas is set to play a pivotal role in powering economic growth in the UAE over the next 50 years, according to Dr Sultan Ahmed Al Jaber, Minister of

152021-09

OPEC cuts Q4 crude demand estimates on Delta variant uncertainty
　　OPEC has cut its forecast for global fourth-quarter crude oil demand on the back of the rise in prevalence of the Delta COVID-19 variant clouding the future

082021-09

Russian Gazprom boosts output as gas exports increase
In the January-August period of 2021, Russian leading state-run energy producer Gazprom has raised production of natural gas by almost 18 percent, against t

012021-09

Oil prices near biggest monthly loss since October before OPEC meets
　　Oil headed for the biggest monthly loss since October as investors weighed the prospect of additional OPEC+ production and the restoration of crude output i

252021-08

U.S. to auction 20MM barrels of oil from Strategic Petroleum Reserve
　　The U.S. is holding its largest sale of oil from strategic reserves this year at a time when the outlook for fuel demand is darkening amid the resurgent Cov

182021-08

Asia Buys More U.S. Crude As Middle East Hikes Oil Prices
　　Despite a slowdown in fuel demand due to the Delta variant, Asian refiners have booked more crude oil from the United States for the fourth quarter, taking
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