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| 1. News on Oil Prices | |
 | 25 March 2023 : Further increase in fuel prices in Lebanon {mtv.com.lb} |
| Fuel prices have further increased in Lebanon on Saturday, with the price of the canister of 95-octane gasoline and . . . | |
| | 25 March 2023 : AAA : Pump prices are stuck in neutral for now {wydaily.com} |
| Spring has sprung with gas demand surging last week as motorists took advantage of better driving weather, but . . . | |
| | 24 March 2023 : Slight increase in fuel prices {knews.kathimerini.com.cy} |
| A slight increase in fuel prices was recorded in the last three weeks in Cyprus, according to the Consumer Protection Service of the Ministry of Energy . . . | |
| | 24 March 2023 : AAA: Arkansas gas prices drop but likely to increase soon {thecentersquare.com} |
| Arkansas gas prices dropped four cents last week, but higher prices may be imminent as demand increases, according to AAA. . . . | |
| | 24 March 2023 : Delaware gas prices continue to decline despite... {delawarebusinessnow.com} |
| Delaware gas prices continued to decline in the past week and are now well below Wednesdays national average of $3.44 a gallon . . . | |
| | 24 March 2023 : Gas prices: National average at $3.43/gallon {abccolumbia.com} |
| Todays national average of $3.43 cents is four cents higher than a month ago, but 80 cents less than a year ago . . . | |
| | 24 March 2023 : Riverside County gas prices declining {nbcpalmsprings.com} |
| The average price of a gallon of self-serve regular gasoline in Riverside County dropped nine-tenths of a cent Thursday to $4.786 . . . | |
| | 24 March 2023 : Oil falls as US holds off refilling strategic reserve {Economic Times} |
| Oil prices fell on Friday, extending the previous days losses, on worries about potential oversupply . . . | |
| | 24 March 2023 : U.S. jobs data provides support for oil after volatile week {oilprice.com} |
| Oil prices managed to stabilize on Thursday, recovering from their lowest levels since late 2021 earlier this week . . . | |
| | 23 March 2023 : Brazils Petrobras to slash diesel prices 4.5% effective March 23 {spglobal.com} |
| Brazilian state-owned oil company Petrobras slashed diesel prices at the refinery gate by 4.5%, effective March 23 . . . | |
| More news on Oil Prices | ^Jump to the top^ | |
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| 2. Rig News | |||||||||
| | 24 March 2023 : Semco Maritime, local firms in Aberdeen getting... {oedigital.com} | ||||||||
| Semco Maritime said Wednesday it was, together with local companies, conducting maintenance works on the Noble Innovator jack-up rig . . . | |||||||||
| | 24 March 2023 : 88 Energy progresses drilling at Hickory-1 {sharecast.com} | ||||||||
| Oil and explorer 88 Energy announced successful progress in its drilling operation on the North Slope of Alaska on Thursday . . . | |||||||||
| | 24 March 2023 : Offshore field comes on stream after being connected to... {offshore-energy.biz} | ||||||||
| Australias oil and gas company Karoon Energy has kicked off production from a well located on a field offshore Brazil . . . | |||||||||
| | 24 March 2023 : Vantage Drilling anticipates rise in rig day rates and... {offshore-energy.biz} | ||||||||
| Offshore drilling contractor Vantage Drilling has disclosed its operational and financial performance for the fourth quarter and full-year 2022 . . . | |||||||||
| | 24 March 2023 : US oil, gas rig count inches up one to 839 as Permian Basin... {spglobal.com} | ||||||||
| The US oil and gas rig count inched up by just one for the week ending March 15 to 839, an analysis of S&P Gkobal Commodity Insight showed . . . | |||||||||
| | 23 March 2023 : Nigerias rig count static despite growth in oil production {pulse.ng} | ||||||||
| Fresh data released by the Organization of Petroleum Exporting Countries, OPEC has shown that despite Nigerias increasing oil output in February 2023 . . . | |||||||||
| | 23 March 2023 : JX Nippon Oil & Gas Exploration to purchase Japan Drilling Co. {ogv.energy} | ||||||||
| Japans oil and gas player JX Nippon Oil & Gas Exploration Corporation is in the process of acquiring the countrys rig owner . . . | |||||||||
| | 23 March 2023 : Aberdeen economy gets boost from arrival of huge oil... {aberdeenbusinessnews.co.uk} | ||||||||
| Currently berthed at Port of Aberdeens South Harbour, the 674ft tall jack-up rig Noble Innovator will see maintenance works . . . | |||||||||
| | 23 March 2023 : Alaskan drilling rig set to test oil targets for 88 Energy {thewest.com.au} | ||||||||
| North American explorer and producer 88 Energy has revealed deep-diving plans to chase up to 647 million barrels of Alaskan oil in six target zones . . . | |||||||||
| | 22 March 2023 : Adnoc Drilling and Masdar to explore geothermal energy... {thenationalnews.com} | ||||||||
| Adnoc Drilling has signed a five-year preliminary agreement with Abu Dhabis clean energy company Masdar to explore partnerships . . . | |||||||||
| More rig news | ^Jump to the top^ | |||||||||
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| 3. News on Oil Exploration | |
| | 25 March 2023 : Massive oil and gas deposits discovered in North Africa {mtv.com.lb} |
| Two large oil and gas basins have been discovered between Libya and Tunisia, Afrigate News reported earlier this . . . | |
| | 24 March 2023 : China vows green future for oil and gas works {chinadaily.com.cn} |
| China has vowed to vigorously promote the integrated growth of oil and gas exploration and development with new energy . . . | |
| | 23 March 2023 : US independent wins green light for West Africa FPSO project {upstreamonline.com} |
| US-listed independent Vaalco Energy is set to push ahead with its $310 million Venus project offshore Equatorial Guinea . . . | |
| | 23 March 2023 : GEPetrol and partners announce Venus discovery in EG {oilreviewafrica.com} |
| Atlas Petroleum International Limited has announced the development of the Venus discovery in Block P, Equatorial Guinea . . . | |
| | 23 March 2023 : More drilling on the cards for promising and significant... {offshore-energy.biz} |
| Canadian oil and gas company Africa Oil Corp. and its partners are setting the wheels into motion to undertake offshore exploration activities . . . | |
| | 23 March 2023 : PetroChina fires up first onshore wind project to decarbonise... {upstreamonline.com} |
| Chinese upstream giant PetroChina has started operation of its first onshore wind farm in northeastern Chinas Jilin province . . . | |
| | 22 March 2023 : China National Offshore Oil Corporation discovers oilfield... {oilfieldtechnology.com} |
| The Bozhong 26-6 oilfield has an average water depth of about 22 m. The main oil-bearing formations are Archean buried hills . . . | |
| | 22 March 2023 : Oil and gas company investigated for licence breach {energylivenews.com} |
| An oil and gas company is being investigated for a potential breach of its licence commitments designed to boost the UKs energy security . . . | |
| | 22 March 2023 : ExxonMobil considers $15 billion investment in Angolan O&G {energycapitalpower.com} |
| Oil and gas supermajor, ExxonMobil, could inject as much as $15 billion into the development of hydrocarbon reserves . . . | |
| | 22 March 2023 : Equatorial Guinea signs oil and gas exploration deal... {offshore-technology.com} |
| Equatorial Guinea has signed a bilateral cooperation agreement with Cameroon to jointly develop and monetise oil and gas projects along their borders . . . | |
| More news on Oil Exploration | ^Jump to the top^ | |
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| 4. News on Oil Demand and Oil Consumption | |
| | 24 March 2023 : China expected to account for 40% of this years oil demand... {hellenicshippingnews.com} |
| China is expected to account for around 40% of the increase in global oil demand this year as its economy emerges from strict lockdowns . . . | |
| | 24 March 2023 : India set to surpass China in need for oil as growth paths diverge {Times of India} |
| A change is on the horizon for oil demand, with India set to to eclipse China as the most important driver of global growth . . . | |
| | 23 March 2023 : Irans oil ministry warns about high gasoline consumption {iranintl.com} |
| The National Iranian Oil Refining and Distribution Company has urged people to reduce gasoline consumption . . . | |
| | 23 March 2023 : Domestic natural gas consumption up 6.7% YoY in February {Economic Times} |
| Domestic natural gas consumption rose 6.7% year-on-year in February as falling international prices helped boost imports . . . | |
| More Oil Demand News | More Oil Consumption News | ^Jump to the top^ | |
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| 5. News on Oil Output | ||||||||
| | 24 March 2023 : Colombias Ecopetrol must grow oil, gas output to... {Reuters} | |||||||
| Colombias Ecopetrol must focus on growing its oil and gas production to fund the transition towards renewables, said Saul Kattan . . . | ||||||||
| | 24 March 2023 : Russias output cut will take oil output to 9.7 mln bpd in March-June... {nasdaq.com} | |||||||
| Deputy Prime Minister Alexander Novak said a previously announced cut of 500,000 barrels per day in Russias oil production . . . | ||||||||
| | 23 March 2023 : Ecuador will need to cut oil output goal by 8%... {hellenicshippingnews.com} | |||||||
| Ecuador will need to revise down its daily crude oil production target by some 40,000 barrels, equivalent to about 8%, its oil minister said . . . | ||||||||
| | 23 March 2023 : Russia banks on more revenues with extended oil output cuts {upstreamonline.com} | |||||||
| Russia is set to extend a temporary cut in oil production until the end of June as part of its efforts to influence global oil markets . . . | ||||||||
| | 22 March 2023 : Australia gas producers hopeful proposed rules will not... {hellenicshippingnews.com} | |||||||
| Australian natural gas producers are cautiously optimistic a raft of proposed rules for the sector will not stunt investment . . . | ||||||||
| | 22 March 2023 : Lukoil-backed Congo project to begin LNG output in December... {zawya.com} | |||||||
| A senior executive at Russias Lukoil energy company said a project in the Congo in which it is involved will begin producing liquefied natural gas . . . | ||||||||
| | 22 March 2023 : Norway keeps oil and gas output on even keel as drive to... {upstreamonline.com} | |||||||
| Norways oil and gas production remained stable in February, with gas production remaining at the elevated levels . . . | ||||||||
| | 22 March 2023 : Libyas NOC courts IOCs with strategic plan to revive... {spglobal.com} | |||||||
| Libyas National Oil Corp. is wooing international oil companies to its investment-thirsty energy sector with a new strategic plan . . . | ||||||||
| | 22 March 2023 : Iraq lowers oil output from southern fields in line with... {hellenicshippingnews.com} | |||||||
| Iraq asked international oil companies operating some of its biggest fields in the south to cut their output for the country . . . | ||||||||
| | 22 March 2023 : Norways oil and gas production misses government expectations {upi.com} | |||||||
| Norway, among the major energy suppliers to the European economy, reported Tuesday that both crude oil and natural gas production in February . . . | ||||||||
| More Oil Output News | ^Jump to the top^ | ||||||||
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| 6. News on Oil Transportation | |
| | 25 March 2023 : Azerbaijani natural gas export slumps {azernews.az} |
| Azerbaijan exported 1.213.8 billion cubic meters of natural gas in January-February 2023, Azernews reports. According . . . | |
| | 24 March 2023 : LNG shipping rates fall to a 7-month low as gas prices drop {oilprice.com} |
| LNG freight rates for Atlantic Basin spot LNG cargoes slid to below $50,000 per day on Thursday, the lowest level in over seven months . . . | |
| | 24 March 2023 : Venezuelas commercial oil exports nearly halted as reviews expand {Reuters} |
| Expanded oil export contract reviews at Venezuelas state-run PDVSA have nearly halted all commercial crude and fuel releases . . . | |
| | 23 March 2023 : Hungary ships Azeri oil to Slovakia via Croatia to reduce... {euractiv.com} |
| In a bid to cut down on Russian crude imports, Hungarian national oil and gas company MOL said it started transporting crude oil . . . | |
| | 23 March 2023 : Bypassing Russia: Oil shipment from Kazakhstans largest... {upstreamonline.com} |
| A minority shareholder in Kazakhstans largest offshore oil and gas development, the Kashagan field, has sent a trial shipment of oil . . . | |
| | 23 March 2023 : Indias Feb crude oil imports jump 8% as demand hits... {business-standard.com} |
| Indias imports of crude oil in February rose about 8% from a year earlier, government data showed on Wednesday . . . | |
| | 22 March 2023 : MOL has started to transport oil from Azerbaijan {aze.media} |
| The Hungarian oil and gas company MOL has announced that it has started transporting crude oil from Azerbaijan . . . | |
| | 22 March 2023 : Hartshead pens gas transportation, processing deal with Shell {naturalgasworld.com} |
| Sydney-listed Hartshead Resources has inked an agreement with Shell which sets out the commercial terms for the transportation . . . | |
| | 22 March 2023 : U.S. oil exports to Europe hit record high {oilprice.com} |
| U.S. crude oil exports to Europe hit a record high in March, due to a wide WTI to Brent discount in January . . . | |
| | 21 March 2023 : Australias APLNG to sell more domestic gas {argusmedia.com} |
| Australian independent Origin Energys 9mn t/yr Australia-Pacific LNG facility in Queensland will supply over 2PJ of additional gas . . . | |
| More Oil Transportation News | ^Jump to the top^ | |
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| 7. News on Oil companies | |
| | 22 March 2023 : Rosneft announces full-year 2022 Ifrs results {hellenicshippingnews.com} |
| Rosneft oil company releases 12m 2022 results prepared in accordance with International Financial Reporting Standards . . . | |
| | 21 March 2023 : LNG shipments to Europe give Russias Novatek a profit lift {upstreamonline.com} |
| Higher liquefied natural gas shipments to Europe helped Russias largest independent gas producer, Novatek, to a record net profit in 2022 . . . | |
| | 15 March 2023 : Petronas capitalizes on gas upsides in 2022 amid volatility... {spglobal.com} |
| Malaysias Petronas said March 13 its gas business witnessed strong growth during fiscal year 2022 as the company capitalized . . . | |
| | 14 March 2023 : Malaysias Petronas posts higher Q4 profit, sees lower oil prices... {Economic Times} |
| Malaysias state oil firm Petroliam Nasional Berhad on Monday posted a 55% jump in quarterly profit on higher energy prices . . . | |
| | 13 March 2023 : UAEs ADNOC Gas to start trading in $2.5bln IPO {zawya.com} |
| UAE state energy company ADNOCs recently formed gas unit will launch on the Abu Dhabi stock market on Monday . . . | |
| | 12 March 2023 : Saudi oil giant Aramco posts record $161 billion profit for 2022 {cnbc.com} |
| Saudi Arabias state-controlled oil giant Aramco on Sunday reported a record net income of $161.1 billion for 2022 . . . | |
| | 9 March 2023 : Atlas Energy raises $324 million in years second-biggest US IPO {financialpost.com} |
| Atlas Energy Solutions Inc. raised $324 million in an initial public offering, pricing its shares below a marketed range . . . | |
| | 6 March 2023 : ONGC, Oil India gain 3%; hit over 8-month highs {business-standard.com} |
| Shares of upstream oil companies, Oil & Natural Gas Corporation and Oil India hit over eight-month high . . . | |
| | 6 March 2023 : Aphrodite low on list of Chevrons gas plans for East Med {cyprus-mail.com} |
| The importance of the East Med to Chevrons gas plans was made clear at the companys 2022 4Q Earnings Conference Call on January 27 . . . | |
| | 6 March 2023 : BP insists it is not slowing green transition to cash in on high oil prices {ft.com} |
| The boss of BPs US business has insisted that the company is sticking with its promised transition away from fossil fuels . . . | |
| More news on oil companies | ^Jump to the top^ | |
| 8. Oil Contracts | |
| | 20 March 2023 : Iraq, TotalEnergies to finalise $27 billion deal soon... {oilandgasmiddleeast.com} |
| French oil major TotalEnergies and Iraq will soon finalise a long-delayed $27 billion energy deal and talks have reached advanced stages . . . | |
| | 16 March 2023 : ECC links SOCAR deal with price discovery mechanism {thenews.com.pk} |
| The ECC has linked the approval of SOCARs agreement for a distressed LNG cargo with the price discovery mechanism . . . | |
| | 15 March 2023 : Capstone Green Energy secures contracts for Alaska oil... {offshore-technology.com} |
| Capstone Green Energy, through its Alaska distributor Arctic Energy, has secured new orders from two undisclosed oil and gas operators . . . | |
| | 13 March 2023 : Heisco lands $223mln Kuwait oil flow line project contract {zawya.com} |
| Heavy Engineering Industries and Shipbuilding Company has announced that it has signed a contract with Kuwait Oil Company . . . | |
| | 9 March 2023 : Ukrnafta, PKN Orlen sign contract for petroleum product imports {ukrinform.net} |
| Ukrnafta PJSC has signed a contract with Polands PKN Orlen to import petroleum products to Ukraine . . . | |
| | 7 March 2023 : NZOG extends Genesis Energy gas supply contract {nzherald.co.nz} |
| New Zealand Oil & Gas has signed a deal that extends its gas supply agreement with Genesis Energy for three years . . . | |
| | 5 March 2023 : Iran, Oman ink MoU on cooperation in oil industry {tasnimnews.com} |
| Iran and Oman signed a memorandum of understanding (MoU) on enhancing cooperation in the oil field. Iranian Oil . . . | |
| | 2 March 2023 : US$7.8Bn contracts awarded for Angolan deepwater oil project {ogv.energy} |
| For this project, Yinson will supply the floating production storage and offloading unit Yinson Azalea, due to arrive in Angola in 2025 . . . | |
| | 28 February 2023 : Omans Abraj inks oil drilling deal with Chevron... {gulfbusiness.com} |
| Omans Abraj Energy Services has expanded its regional footprint by signing a five-year strategic partnership deal with Kuwait Gulf Oil Company . . . | |
| | 27 February 2023 : Saudi Arabia signs $400 million aid package for Ukraine {oilprice.com} |
| Saudi Arabia has signed an agreement and memorandum of understanding for $400 million in aid to Ukraine during a surprise visit . . . | |
| More news on oil contracts | ^Jump to the top^ | |
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| 9. News on Oil stocks | |
| | 24 March 2023 : Valeura purchases Mubadalas upstream offshore assets... {offshore-technology.com} |
| Canada-based Valeura Energy has concluded the acquisition of the upstream oil-producing portfolio offshore Thailand . . . | |
| | 23 March 2023 : Italys Snam can cut stake in Italgas through exchangeable bonds {Reuters} |
| Italys Snam and state lender Cassa Depositi e Prestiti tweaked their shareholders pact over gas distributor Italgas . . . | |
| | 23 March 2023 : Vedanta mulling stake sale worth $630 million, report says {Economic Times} |
| Mining mogul Anil Agarwal is weighing a stake sale in Vedanta as a last-resort option and is studying the possibility . . . | |
| | 23 March 2023 : After bolstering oil, gas and renewables in 2022, TotalEnergies... {offshore-energy.biz} |
| On a mission to become a major player in the energy transition while pursuing its net-zero by 2050 goals . . . | |
| | 22 March 2023 : Shell revives sale of its stake in a controversial... {thisismoney.co.uk} |
| The German government took over control of the refinery from Russian-state oil giant Rosneft last year . . . | |
| | 22 March 2023 : Sempra reaches FID on $13bn Phase 1 of Port Arthur LNG... {offshore-technology.com} |
| Sempra Infrastructure Partners, which is 70% owned by Sempra, has announced a positive final investment decision . . . | |
| | 21 March 2023 : Norways Okea buys Statfjord oilfield stake from Equinor {Economic Times} |
| Norwegian independent oil and gas producer Okea said on Monday it had agreed to buy a 28% stake in Norways Statfjord production licence from Equinor . . . | |
| | 17 March 2023 : Italys Snam cuts TAG stake value, says will meet 2023 goals {Economic Times} |
| Italian gas grid operator Snam said on Wednesday a 2022 drop in reported net profit, caused in part by a cut in the value of its stake . . . | |
| | 17 March 2023 : CVC acquires minority stake worth $155m in Indonesias... {dealstreetasia.com} |
| IDX-listed industrial gas producer PT Samator Indo Gas Tbk announced on Thursday that Matrix Company Limited . . . | |
| | 17 March 2023 : Nord Stream owners looking to seal and drain damaged gas pipeline... {oedigital.com} |
| Shareholders of the Nord Stream 1 pipeline operator are discussing how to seal and empty the damaged gas pipeline to halt corrosion from sea water . . . | |
| More news on oil stocks | ^Jump to the top^ | |
FPSO For Long Term Time Charter |
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| 10. News on Oil Pollution | |
| | 24 March 2023 : Korean Coast Guard to assist in Mindoro oil spill clean up {cnnphilippines.com} |
| Members of the Korean Coast Guard will be sent to the Philippines along with donated equipment to help in the cleanup of the oil spill in Oriental Mindoro . . . | |
| | 24 March 2023 : Interagency task-force to prioritize oil spill containment {news.abs-cbn.com} |
| The interagency task force would prioritize the containment of the oil spill from the sunken oil tanker MT Princess Empress in Oriental Mindoro . . . | |
| | 23 March 2023 : Coast Guard investigation finds no spill from... {waterwaysjournal.net} |
| An independent investigation and analysis of oil samples recently concluded by the United States Coast Guard . . . | |
| | 22 March 2023 : U.S. experts arrive in Oriental Mindoro to assist in oil spill response {pacom.mil} |
| At the request of the Philippine government, eight experts from the United States government arrived in Pola, Oriental Mindoro today . . . | |
| | 22 March 2023 : Philippines finds sunken fuel tanker three weeks after spill {thestar.com.my} |
| A leaking fuel tanker that sank off the central Philippines three weeks ago has been found using an underwater robot from Japan . . . | |
| | 21 March 2023 : Japanese ROV to be used at Mindoro oil spill arrives... {gmanetwork.com} |
| The remotely operated vehicle to be used to check the condition and contain the oil leak from the sunken MT Princess Empress arrived in the Philippines . . . | |
| | 21 March 2023 : Oil spill on Kitimat River under investigation {northernsentinel.com} |
| The District of Kitimat responded to an oil spill on the Kitimat River across the street from the Chevron card lock last week . . . | |
| | 21 March 2023 : Marina sets release of P33 million for oil spill cleanup {newsinfo.inquirer.net} |
| The Maritime Industry Authority plans to release P33 million from its oil pollution management fund this week to finance the oil spill cleanup . . . | |
| | 20 March 2023 : Kuwait Oil Company declares state of emergency after oil spill {english.alarabiya.net} |
| The Kuwait Oil Company declared a state of emergency on Monday following an oil spill on land, but said no injuries . . . | |
| | 20 March 2023 : Oil spill has reached Verde Island, Batangas, PCG says {gmanetwork.com} |
| The oil spill from a submerged motor tanker in Oriental Mindoro has now creeped into the waters of Verde Island in Batangas . . . | |
| More Oil Pollution news | ^Jump to the top^ | |
| 11. OPEC News | |
| | 23 March 2023 : OPEC daily basket price stood at $70.77 a barrel Monday {realnewsmagazine.net} |
| The price of OPEC basket of 13 crudes stood at $70.77 a barrel on Monday, March 20, 2023, compared with $74.11 the previous Friday . . . | |
| | 23 March 2023 : OPEC+ will not change output policy despite the oil price plunge {oilprice.com} |
| The OPEC+ group is not expected to intervene in the oil market with changes to its production policy, likely keeping the current quotas until the end of 2023 . . . | |
| | 21 March 2023 : OPEC Secretary General calls for coordination between oil... {oilprice.com} |
| OPECs Secretary General Haitham Al Ghais and Iraqs Prime Minister met over the weekend and called for coordinated action among oil exporters globally . . . | |
| | 20 March 2023 : Iraq committed to complying with Opec+ output cuts... {thenationalnews.com} |
| Iraq is committed to complying with its 220,000 barrels per day oil output cuts in line with the Opec+ policy to tighten global supply . . . | |
| | 17 March 2023 : OPEC daily basket price stood at $76.22 a barrel Wednesday {realnewsmagazine.net} |
| The price of OPEC basket of 13 crudes stood at $76.22 a barrel on Wednesday, March 15, 2023, compared with $78.92 the previous day . . . | |
| | 15 March 2023 : OPEC oil production up by 117,000 bpd to 28.92mln bpd... {urdupoint.com} |
| OPEC oil production increased by 117,000 barrels per day in February month-on-month and reached 28.92 million barrels per day . . . | |
| | 15 March 2023 : OPEC upgrades 2023 oil output forecast outside organization... {urdupoint.com} |
| OPEC has upgraded its forecast for oil production for 2023 outside the organization by 190,000 barrels per day to 67.2 million barrels per day . . . | |
| | 15 March 2023 : OPEC confirms Nigerias 1.3 million bpd February crude oil output {thisdaylive.com} |
| The Organisation of Petroleum Exporting Countries yesterday confirmed that Nigeria produced 1.3 million barrels per day of crude oil in February . . . | |
| | 10 March 2023 : US senators reintroduce bill to pressure OPEC... {hellenicshippingnews.com} |
| A group of bipartisan U.S. senators on Wednesday said they have reintroduced legislation to pressure the OPEC oil production group to stop making output cuts . . . | |
| | 9 March 2023 : OPEC daily basket price stood at $84.37 a barrel Tuesday {realnewsmagazine.net} |
| The price of OPEC basket of 13 crudes stood at $84.37 a barrel on Tuesday, March 7, 2023 compared with $84.59 the previous day . . . | |
| More OPEC News | ^Jump to the top^ | |
| 12. General Oil News | |
| | 23 March 2023 : Trinidad pursues Venezuelan gas despite upheaval {argusmedia.com} |
| Gas-short Trinidad and Tobago will pursue discussions with Venezuela for access to the Dragon natural gas field despite the resignation this week . . . | |
| | 21 March 2023 : Bank turmoil hits oil markets but fears of 2008 repeating... {spglobal.com} |
| Oil traders were weighing the prospect March 20 of a new global banking crisis similar to 2008 hitting hydrocarbons demand . . . | |
| | 20 March 2023 : IPC CEO urges Canada to offer more funding to build carbon capture {Economic Times} |
| International Petroleum Corp , the first foreign oil company to sanction a project in Canadas oil sands in more than a decade . . . | |
| | 20 March 2023 : Exxon, Total resume heavy investment in Mozambique... {businessday.ng} |
| US energy giant Exxon Mobil Corporation is looking to restart its gigantic gas project in Mozambique which could open the way to investment . . . | |
| | 19 March 2023 : Reliance re-auctions gas in line with new govt rules {newsdrum.in} |
| Reliance Industries Ltd and its partner bp plc have re-launched an auction for sale of natural gas from their . . . | |
| | 17 March 2023 : Saudi Arabia, Russia discuss global oil markets in Riyadh {zawya.com} |
| Saudi Arabias energy minister Prince Abdulaziz bin Salman and Russian deputy prime minister Alexander Novak discussed global oil markets . . . | |
| | 16 March 2023 : Gasoil margins rebound 4.4%; regrade narrows as buyers... {hellenicshippingnews.com} |
| Asias 10 ppm sulphur gasoil margins rebounded 4.4% day on day to $24.99 per barrel, almost erasing earlier weeks losses . . . | |
| | 16 March 2023 : UK considers easing windfall tax pressure on oil and gas {oilprice.com} |
| The government is weighing up plans to bring in a price floor for the windfall tax amid fears Equinor could pull out of the proposed Rosebank oil and gas project . . . | |
| | 15 March 2023 : Australias government defends natural gas developments {oilprice.com} |
| Days before presenting a bill to control emissions from large polluters, Australias government said that natural gas . . . | |
| | 14 March 2023 : Alaska oil project approval adds yet another climate concern {Economic Times} |
| The Biden administrations approval of a massive oil development in northern Alaska commits the US to yet another decadeslong crude project . . . | |
| More General Oil News | ^Jump to the top^ | |
| 13. News on Biofuels | |
| | 24 March 2023 : Brazilian purchases boost Indias Jan ethanol imports {argusmedia.com} |
| Indias ethanol imports for January rose from a year and month earlier, spurred by competitively priced shipments . . . | |
| | 24 March 2023 : UNICA: Ethanol sales up in February {ethanolproducer.com} |
| UNICA, the Brazilian sugarcane industry association, has announced ethanol sales for February were up nearly 5 percent when compared to the same month of 2022 . . . | |
| | 23 March 2023 : German bioethanol production increases alongside higher sales... {biofuels-news.com} |
| The German Bioethanol Industry Association has published its market data for the production and consumption of certified sustainable bioethanol . . . | |
| | 23 March 2023 : USGC boosts ethanol in Central America {world-grain.com} |
| A memorandum of understanding that recognizes the economic and environmental importance of biofuels and ethanol was signed by the US Grains Council . . . | |
| | 23 March 2023 : Indias Tamil Nadu seeks funds for ethanol blending {argusmedia.com} |
| Indias Tamil Nadu state plans to raise 50bn rupees through investments for boosting molasses and grain-based ethanol production . . . | |
| | 23 March 2023 : EIA: Ethanol production down 2%, stocks down 1% {ethanolproducer.com} |
| U.S. fuel ethanol production fell nearly 2 percent the week ending March 17, falling below 1 million barrels per day for the first time since early January . . . | |
| | 23 March 2023 : Argus launches Asia-Pacific biofuels on its price discovery platform {prnewswire.com} |
| Global energy and commodity price reporting agency Argus has extended its Argus Open Markets real-time electronic price discovery platform . . . | |
| | 22 March 2023 : DOE offers $14m to optimize production of biofuels... {ethanolproducer.com} |
| The Department of Energy today announced $14 million in funding to support and optimize the production of affordable biofuels . . . | |
| | 22 March 2023 : Ethanol groups urge EPA to allow E15 sales this summer {ethanolproducer.com} |
| Representatives of the U.S. ethanol industry urged the U.S. EPA to take action to reinstate the ability to sell E15 year-round . . . | |
| | 21 March 2023 : Brazils biodiesel blend increases to 12% {biofuels-news.com} |
| Brazils National Energy Policy Council has increased the Latin American countrys mandatory blend of biodiesel to 12% from April . . . | |
| More Biofuels News | ^Jump to the top^ | |
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