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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
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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

112021-08

BHP moves to develop the Trion projects in the Gulf of Mexico
  BHP Group (BHPB.L), (BHP.AX) said on Friday approved advancing its Trion oil project in Mexico into the design and engineering phase and would spend $544 m

042021-08

Oil Search and Santos on a revised merger proposal
  Oil Search and Santos have reached agreement on the merger ratio under the proposed merger. Wood Mackenzie research director Andrew Harwood said:  "Overla

282021-07

Big Oil Faces Mounting Pressure To Cut Upstream Emissions
  Pressure is mounting on the oil and gas sector to clean up its act and reduce emissions from operations, the so-called Scope 1 and Scope 2 emissions.  Ma

212021-07

India′s IOC to build India's 1st green hydrogen plant at at its Mathura refinery
  India's largest oil firm IOC will build the nation's 1st 'green hydrogen plant at Mathura refinery, as it aims to prepare for a future catering to the g

142021-07

How COVID-19 Triggered The Mother Of All Oil Crises
  The COVID-19 pandemic certainly wasn’t the first historic crash or economic crisis for the oil and gas industry, and it (probably) won’t be the
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