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| 1. News on Oil Prices | |
 | 5 December 2023 : Amarillo gas prices fall 2.9 cents, average $2.61/gallon {myhighplains.com} |
| According to the most recent GasBuddy report, gas prices in the Amarillo area fell 2.9 cents in the last week to reach an average of $2.61/gallon on Monday . . . | |
| | 5 December 2023 : Michigan gas prices rise slightly, says AAA {wilx.com} |
| Gas prices are up 4 cents in Michigan from a week ago. According to AAA, Michigan drivers are now paying an average of $3.20 a gallon . . . | |
| | 5 December 2023 : AAA: Gas prices dip in Pennsylvania this week {erienewsnow.com} |
| Gas prices are two cents lower in Western Pennsylvania this week at $3.603 per gallon, according to AAA East Centrals Gas Price Report . . . | |
| | 5 December 2023 : Metro Detroit gas prices are up 4 cents this week {wxyz.com} |
| The average Michigan gas prices are up 4 cents from last week, according to AAA. The average price for regular unleaded in Michigan . . . | |
| | 5 December 2023 : Utah gas prices sit well below national average {kutv.com} |
| According to AAA, the average in the Beehive state for a regular gallon of gas is $3.06, which is lower than the national average of $3.24 . . . | |
| | 5 December 2023 : Idaho gas prices drop another 9 cents this week {eastidahonews.com} |
| A popular Christmas song refers to this season as the most wonderful time of the year, and Idaho drivers may join in the chorus the next time . . . | |
| | 5 December 2023 : Kentucky gas prices are dropping {spectrumnews1.com} |
| The regions average price per gallon is $2.872. Thats two cents lower than the average price for the week of Nov. 27 . . . | |
| | 5 December 2023 : Oil prices inch up from near 5-mth lows as Middle East risks persist {in.investing.com} |
| Oil prices rose in Asian trade on Tuesday as focus remained on a potential escalation in the Israel-Hamas conflict . . . | |
| | 5 December 2023 : Oil prices under pressure despite rising geopolitical tensions {oilprice.com} |
| Crude oil prices whipsawed between an early gain and a loss in a matter of hours in pre-noon trade in Asia today locked between bullish and bearish events . . . | |
| | 4 December 2023 : Asia spot LNG prices fall to 7-week low on tepid... {hellenicshippingnews.com} |
| Asian spot liquefied natural gas prices fell this week to a 7-week low despite cold weather, as demand remains muted . . . | |
| More news on Oil Prices | ^Jump to the top^ | |
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| 2. Rig News | |||||||||
| | 5 December 2023 : Jadestones infill drilling campaign off Malaysia seen... {offshore-energy.biz} | ||||||||
| AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has wrapped up the drilling activities . . . | |||||||||
| | 4 December 2023 : US drillers add oil and gas rigs for third week in a row... {hellenicshippingnews.com} | ||||||||
| U.S. energy firms this week added oil and natural gas rigs for a third week in a row, energy services firm Baker Hughes said . . . | |||||||||
| | 1 December 2023 : Harbour Energy granted North Sea drilling permit {ogj.com} | ||||||||
| Harbour Energy Norge AS has been granted a permit by the Norwegian Petroleum Directorate to drill a wildcat well in North Sea production license 1138 . . . | |||||||||
| | 30 November 2023 : Transocean rig becomes first semi-sub to sport... {offshore-energy.biz} | ||||||||
| Offshore drilling contractor Transocean has tucked another milestone under its belt, thanks to one of its semi-submersible rigs . . . | |||||||||
| | 29 November 2023 : Dolphin Drilling rig wins North Sea gig {offshore-energy.biz} | ||||||||
| Offshore drilling contractor Dolphin Drilling has secured a long-term contract for one of its semi-submersible rigs in the UK with EnQuest . . . | |||||||||
| | 29 November 2023 : Odfjell Technology works with Hunt Oil Company to achieve... {oilfieldtechnology.com} | ||||||||
| Odfjell Technology has helped enable Hunt Oil Company of Romania to reach a European depth record for 20 in. casing while drilling . . . | |||||||||
| | 28 November 2023 : Offshore oil & gas exploration heats up in Namibia... {offshore-energy.biz} | ||||||||
| Portuguese oil and gas company Galp has kicked off drilling operations at a well in license PEL 83 offshore Namibia . . . | |||||||||
| | 28 November 2023 : ConocoPhillips advances Eldfisk Nord project with PSA consent {ogj.com} | ||||||||
| ConocoPhillips Skandinavia AS has been granted consent by the Petroleum Safety Authority Norway for use of Eldfisk Nord infrastructure on Eldfisk field . . . | |||||||||
| | 28 November 2023 : ConocoPhillips advances Eldfisk Nord project with PSA consent {ogj.com} | ||||||||
| ConocoPhillips Skandinavia AS has been granted consent by the Petroleum Safety Authority Norway for use of Eldfisk Nord infrastructure on Eldfisk field . . . | |||||||||
| | 28 November 2023 : Velesto secures contract extension from Carigali Hess... {theedgemalaysia.com} | ||||||||
| Velesto Energy Bhd said the contract between its unit Velesto Drilling Sdn Bhd and Carigali Hess Operating Company Sdn Bhd . . . | |||||||||
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| 3. News on Oil Exploration | |
| | 5 December 2023 : Russia takes control of Iraqs biggest oil discovery... {moderndiplomacy.eu} |
| Preliminary estimates suggested that Iraqs Eridu oil field holds between 7-10 billion barrels of reserves . . . | |
| | 5 December 2023 : ADX gets $8m to pump into Austrian gas exploration {thewest.com.au} |
| Perth-based gas explorer ADX Energy has secured another $8.07million to fund drilling in Upper Austria as early as the second half of next year . . . | |
| | 5 December 2023 : Exploration drilling delivering strong results offshore Malaysia {offshore-mag.com} |
| Petronas and others have made 19 exploration discoveries and two confirmed exploration-appraisal finds offshore Malaysia this year . . . | |
| | 4 December 2023 : China discovers oilfield with 100 million tonnes of reserves {news.cgtn.com} |
| Changqing Oilfield, a branch of PetroChina, has discovered a large-scale, well-preserved oilfield with geological reserves of over 100 million tonnes . . . | |
| | 4 December 2023 : ADX Energy extends collaboration with MND through farm-out... {msn.com} |
| ADX Energy has farmed out a 50% interest in an exploration investment area within its ADX-AT-I licence in Upper Austria to MND Austria . . . | |
| | 2 December 2023 : China discovers oilfield of 100-mln-tonne reserves {english.news.cn} |
| Changqing Oilfield, a branch of PetroChina, has discovered a large-scale, well-preserved oilfield with geological reserves of over 100 million tonnes . . . | |
| | 2 December 2023 : ConocoPhillips puts plans into play to undertake multiple... {offshore-energy.biz} |
| ConocoPhillips Australia SH1 Pty Ltd and ConocoPhillips Australia SH2 Pty Ltd, subsidiaries of the U.S.-headquartered energy giant ConocoPhillips . . . | |
| | 2 December 2023 : Govt awards 6 blocks for petroleum exploration {dawn.com} |
| Amid lukewarm response, the government on Friday declared as successful six parties/joint ventures for the award of as many exploration blocks . . . | |
| | 1 December 2023 : Predator Oil says exploration permit extension unexpectedly... {morningstar.co.uk} |
| Predator Oil & Gas Holdings PLC on Thursday said it is remobilising its testing team as it expects to receive a joint ministerial order . . . | |
| | 1 December 2023 : Russia takes Iraqs biggest oil find in 20 years {atalayar.com} |
| In line with Chinas strategy of economically supporting states with seemingly unlimited energy resources . . . | |
| More news on Oil Exploration | ^Jump to the top^ | |
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| 4. News on Oil Demand and Oil Consumption | |
| | 4 December 2023 : Crude oil futures fall on low demand {republicworld.com} |
| The value of Crude oil futures experienced a decline on Monday, dropping by 2.56 per cent to Rs 6,120 per barrel . . . | |
| | 2 December 2023 : US diesel, jet fuel demand diverge {argusmedia.com} |
| Demand for US diesel and jet fuel have diverged heading into December amid rising airline travel and slowing agricultural activity . . . | |
| | 5 December 2023 : LNG consumption, imports seen rising as prices ease {financialexpress.com} |
| Indias consumption of Liquified Natural Gas is expected to rise further in the coming months on the back of growing demand . . . | |
| | 1 December 2023 : Falling petroleum consumption prompts Japanese... {hydrocarbonengineering.com} |
| Japanese refiner, ENEOS, permanently closed a 120 000 bpd refinery in western Japan in mid-October, and Idemitsu Kosan plans to close . . . | |
| More Oil Demand News | More Oil Consumption News | ^Jump to the top^ | |
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| 5. News on Oil Output | ||||||||
| | 5 December 2023 : US natgas prices drops 5% on mild weather view, record output {nasdaq.com} | |||||||
| U.S. natural gas futures fell more than 5% on Monday on record output and forecasts for mild weather that should limit heating demand . . . | ||||||||
| | 5 December 2023 : Iraq announces additional oil output cut for Q1 2024 {hellenicshippingnews.com} | |||||||
| Iraq will voluntarily cut oil production by 220,000 barrels per day between January and March 2024, the countrys oil ministry said in a statement . . . | ||||||||
| | 5 December 2023 : Kazakh oil output down 2% on month in Nov amid export... {hellenicshippingnews.com} | |||||||
| Kazakhstans oil output edged down 2% month on month in November to 7.3 million metric tons, official data and Reuters calculations showed on Monday . . . | ||||||||
| | 5 December 2023 : Brazil gears up to become fourth largest oil producer {moderndiplomacy.eu} | |||||||
| Brazils National Agency of Petroleum, Natural Gas and Biofuels reports that the countrys oil production is steadily increasing . . . | ||||||||
| | 5 December 2023 : United States oil production hits record high for September {kfyrtv.com} | |||||||
| The Energy Information Administration says domestic oil production hit a record high in September . . . | ||||||||
| | 5 December 2023 : ONGC to start commercial oil production from KG Block... {bqprime.com} | |||||||
| State-controlled Oil and Natural Gas Corporation will in May next year start commercial production of crude oil . . . | ||||||||
| | 5 December 2023 : Revenues of Russias top oil and gas producers fall 41%... {hellenicshippingnews.com} | |||||||
| The revenues of Russias largest oil and natural gas producers dropped by 41% in the first nine months of the year . . . | ||||||||
| | 4 December 2023 : US natgas little changed as record LNG feedgas... {hellenicshippingnews.com} | |||||||
| U.S. natural gas futures were little changed on Friday as record flows to U.S. liquefied natural gas export plants offsetrecord output . . . | ||||||||
| | 4 December 2023 : OPEC+ tweaks Nigeria, Angola oil output levels... {hellenicshippingnews.com} | |||||||
| OPEC+ handed Nigeria a 2024 oil output target lower than Africas largest oil producer had hoped for while lowering Angolas target . . . | ||||||||
| | 4 December 2023 : Petroecuador says crude oil output surpasses 400,000 bpd {marketscreener.com} | |||||||
| Ecuadors state oil company Petroecuador said Sunday that crude oil output surpassed 400,000 barrels per day for the first time since January 2021 . . . | ||||||||
| More Oil Output News | ^Jump to the top^ | ||||||||
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| 6. News on Oil Transportation | |
| | 5 December 2023 : Omans oil exports drop 5% in 2023 as production declines {muscatdaily.com} |
| Omans oil exports saw a nearly five per cent year-on-year decline in the first 10 months of 2023, primarily due to a significant drop . . . | |
| | 4 December 2023 : Iran sets up working group to stop fuel supply to Israel... {english.news.cn} |
| Irans Foreign Ministry has set up a special working group to explore ways to stop fuel supply to Israel, the official news agency IRNA reported on Sunday . . . | |
| | 4 December 2023 : Russian crude exports to India slump amid soaring freight... {hellenicshippingnews.com} |
| Russias crude oil exports to India collapsed to below 1 million b/d for the first time in 13 months during November . . . | |
| | 4 December 2023 : Proposed 5% biogas blending with natural gas can cut... {Economic Times} |
| The proposed 5 per cent blending of biogas with natural gas supplies in the country can cut LNG imports worth USD 1.17 billion annually . . . | |
| | 4 December 2023 : US November LNG exports approach record levels... {hellenicshippingnews.com} |
| U.S. liquefied natural gas exports in November rose to the second highest monthly production level on record . . . | |
| | 4 December 2023 : Key China-Russia natural gas pipeline carries 50bcm in 4 years {globaltimes.cn} |
| The China-Russia east-route natural gas pipeline project has transported more than 50 billion cubic meters of natural gas in the past four years of operation . . . | |
| | 4 December 2023 : Venezuelas oil exports remain almost unchanged... {hellenicshippingnews.com} |
| Venezuelas oil exports remained almost unchanged in November at 651,000 barrels per day even as an easing of U.S. sanctions . . . | |
| | 3 December 2023 : Dark tanker oil transfers rise further with suspected... {hellenicshippingnews.com} |
| Shadowy oil transfers at sea with tankers switching off their transponders to hide their location continued to rise in the third quarter . . . | |
| | 2 December 2023 : India to resume import of oil from Venezuela after 3 years... {indianexpress.com} |
| Reliance Industries has booked three tankers scheduled to load oil from Venezuela in December and January, according to trade sources . . . | |
| | 1 December 2023 : Indias oil imports from Russia rebound in November {thehindu.com} |
| Indias Russian oil imports rebounded in November after several plants came back online from planned maintenance and as fuel consumption rose . . . | |
| More Oil Transportation News | ^Jump to the top^ | |
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| 7. News on Oil companies | |
| | 25 November 2023 : Brazil Petrobras to invest over $100bn in next five years {MSN} |
| Brazil state-owned oil and gas company Petrobras plans to invest $102bn over the next five years as part of . . . | |
| | 24 November 2023 : Malaysias MISC reports higher Q3 LNG earnings {lngprime.com} |
| Malaysias LNG shipper MISC, a unit of Petronas, said its LNG business logged a rise in both revenue and operating profit in the July-September period . . . | |
| | 20 November 2023 : Buru Energy to raise $2 million from share purchase plan {au.investing.com} |
| Buru Energy Ltd is aiming to raise $2 million from a share purchase plan for its eligible shareholders, effective today . . . | |
| | 18 November 2023 : Chevron expands Venezuela oil swap deal as sanctions ease {oilandgas360.com} |
| Following the U.S. sanctions relief on Venezuela’s oil industry, supermajor Chevron has started to supply . . . | |
| | 14 November 2023 : Empire Petroleum Corp reports mixed Q3 2023 results {yahoo.com} |
| On November 13, 2023, Empire Petroleum Corp released its 8-K filing, detailing its financial and operational . . . | |
| | 13 November 2023 : PetroTal profit hit by oil price slide despite more production {morningstar.co.uk/} |
| PetroTal Corp on Monday reported increased oil production and sales but a lower price received. The Alberta, Canada . . . | |
| | 13 November 2023 : Korea Gas remains in red in Q3 {koreatimes.co.kr} |
| Korea Gas Corp. on Monday reported its third-quarter net loss of 162.9 billion won, remaining in the red compared with . . . | |
| | 13 November 2023 : Tullow Oil enters $400 million debt facility... {marketscreener.com} |
| Tullow Oil said it has agreed to a $400-million five-year debt facility and an oil marketing and offtake deal . . . | |
| | 13 November 2023 : Gazprom market value dips below that of oil... {hellenicshippingnews.com/} |
| The market capitalisation of Gazprom, the world’s biggest natural gas company by output and reserves, has . . . | |
| | 11 November 2023 : Five major firms in oil and gas industry make huge profits {vietnamnet.vn} |
| According to FiinTrade, five corporations with largest capitalization value in the oil and gas industry have . . . | |
| More news on oil companies | ^Jump to the top^ | |
| 8. Oil Contracts | |
| | 1 December 2023 : Occidental in talks to buy Permian driller {oilprice.com} |
| Occidental Petroleum is in talks for the potential acquisition of fellow oil and gas producer CrownRock, active in the Permian . . . | |
| | 30 November 2023 : Saipem scoops a pair of contracts for $1.9 billion {jpt.spe.org} |
| Italian engineering and construction services provider Saipem said on 29 November that it had secured two new offshore contracts . . . | |
| | 29 November 2023 : McDermott lands second contract for Shell gas field... {upstreamonline.com} |
| US contractor McDermott has won a contract to carry out engineering and construction work at the Manatee gas field project . . . | |
| | 28 November 2023 : Iraq to discuss Kurdistan oil contract modification... {hellenicshippingnews.com} |
| Iraqi oil officials will meet representatives of international oil companies and Iraqi Kurdish officials in early December . . . | |
| | 27 November 2023 : ONGC charges premium over Brent in oil deals with BPCL, HPCL {Economic Times} |
| Oil and Natural Gas Corporation has signed deals to sell about 4.5 million tonne of crude oil each to Bharat Petroleum Corporation Ltd . . . | |
| | 22 November 2023 : Oman LNG and BP sign LNG supply deal {offshore-technology.com} |
| Oman LNG has signed a LNG supply deal with UK-based oil and gas major bp, reported Oman News Agency . . . | |
| | 22 November 2023 : Saudi drilling firm ADES seals 3 contracts worth $293m... {arabnews.com} |
| Saudi oil and gas drilling provider ADES Holding Co. has secured three new contracts totaling $293 million . . . | |
| | 18 November 2023 : NIOC sanctions infill drilling at South Pars offshore Iran {offshore-mag.com} |
| National Iranian Oil Co. has awarded four contracts to companies in Iran to drill 35 infill wells on the . . . | |
| | 17 November 2023 : Serbia secures gas deal with Azerbaijan {macaubusiness.com} |
| Serbia signed a deal to import natural gas from Azerbaijan on Wednesday, paving the way to end the Balkan countrys almost complete dependence on Russian gas . . . | |
| | 17 November 2023 : Venezuela signs deal with Frances Maurel & Prom amid... {venezuelanalysis.com} |
| Top oil traders and drillers have begun to reengage with Venezuelas oil industry to increase output in joint ventures abandoned due to US sanctions . . . | |
| More news on oil contracts | ^Jump to the top^ | |
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| 9. News on Oil stocks | |
| | 5 December 2023 : TotalEnergies to sell stake in South African refinery... {offshore-technology.com} |
| TotalEnergies has agreed to offload a minority stake in National Petroleum Refiners of South Africa to energy company Prax Group . . . | |
| | 5 December 2023 : Coating provides long-term protection of static offshore... {offshore-mag.com} |
| Corrosion costs the maritime industry between $50 billion and $80 billion annually, not including indirect costs . . . | |
| | 5 December 2023 : Maha Energy to sell remaining stake in Omani Block 70 {offshore-technology.com} |
| Swedish oil and gas company Maha Energy has announced plans to sell its 65% working interest in Omans Block 70 to Mafraq Energy . . . | |
| | 4 December 2023 : Australias Empire to acquire gas plant for Carpentaria {argusmedia.com} |
| Australian independent Empire Energy will buy domestic utility AGL Energys dormant Rosalind Park gas plant for A$2.5mn . . . | |
| | 1 December 2023 : Williams increase DJ basin gas gathering, processing assets... {ogj.com} |
| Williams, Tulsa, Okla., closed two transactions that now position the company as the third largest gatherer in the Denver-Julesburg basin . . . | |
| | 1 December 2023 : KIA-Owned Kuwait Investment Company exits oil and gas firm {vccircle.com} |
| Sovereign wealth fund Kuwait Investment Authority-owned Kuwait Investment Company has exited oil and gas upstream company Bawabet Al Kuwait after 19 years . . . | |
| | 30 November 2023 : Chappal Energies to acquire Equinors Nigerian business {ogj.com} |
| Nigerian-owned Chappal Energies has agreed to acquire Equinors Nigerian business, including its share in Agbami . . . | |
| | 28 November 2023 : BP exits gas field offshore Senegal following disagreement {offshore-technology.com} |
| BP has exited the Yakaar-Teranga natural gas field offshore Senegal after a disagreement with the local government, reported Bloomberg . . . | |
| | 28 November 2023 : Orlen to buy Kufpecs assets in Norway for $445 million {ogv.energy} |
| Polands largest refiner Orlen SA agreed to purchase oil and gas producing assets on the Norwegian continental shelf . . . | |
| | 23 November 2023 : KazMunayGaz completes pre-emptive deal with TotalEnergies... {upstreamonline.com} |
| Kazakhstan state-run oil and gas holding KazMunayGaz has completed a deal with TotalEnergies to buy the French companys stake . . . | |
| More news on oil stocks | ^Jump to the top^ | |
FPSO For Long Term Time Charter |
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| 10. News on Oil Pollution | |
| | 5 December 2023 : MPSC approve Enbridges tunnel for oil pipeline {worldpipelines.com} |
| Michigan regulators on Friday 1 December, 2023, approved Canadian pipeline company Enbridge Incs application to build a tunnel . . . | |
| | 5 December 2023 : Oil pipeline in S. Yemen sabotaged by unidentified gunmen {english.news.cn} |
| A group of unidentified gunmen carried out an attack and sabotaged a crude oil pipeline in southern Yemens oil-rich province of Shabwa . . . | |
| | 4 December 2023 : Michigan regulators approve $500M pipeline tunnel project... {nwitimes.com} |
| Michigan officials approved a $500 million plan Friday to encase in a protective tunnel a portion of an oil pipeline . . . | |
| | 4 December 2023 : Oil spill response drill in Sohar Port on Dec 4-5 {muscatdaily.com} |
| Environment Authority, in collaboration with National Emergency Management Committee, is set to conduct a national exercise . . . | |
| | 30 November 2023 : In Venezuela, harmful oil spills are mounting as the country... {news.wosu.org} |
| On the western shore of Lake Maracaibo, workers use rakes and shovels to pull blobs of congealed oil out of the water . . . | |
| | 29 November 2023 : US Coast Guard says 3% of Gulf of Mexicos daily oil output... {Reuters} |
| The U.S. Coast Guard said on Tuesday that about 3% of the Gulf of Mexicos daily oil production remained shut in after a million-gallon oil spill . . . | |
| | 29 November 2023 : Source of US Gulf oil spill still unclear... {argusmedia.com} |
| More than a week after its discovery, federal officials have yet to identify the source of an oil spill from a major offshore US Gulf of Mexico . . . | |
| | 28 November 2023 : TotalEnergies EGINA oil spill not a minor one... {theenergyrepublic.com} |
| The National Oil Spills Detection and Response Agency has said that the oil spill from TotalEnergies Egina Floating Production Storage . . . | |
| | 27 November 2023 : Nigeria lost 3,000 barrels of crude to offshore spill... {leadership.ng} |
| About 3,000 barrels of crude oil were lost to the November 15 oil spill from the offshore Egina Floating Production Storage and Offloading vessel . . . | |
| | 27 November 2023 : Spill risk concerns from Otway Basin gas wells {bay939.com.au} |
| Fossil fuel giant ConoccoPhillips has released modelling on where contaminants may leak should something go wrong with its six test wells . . . | |
| More Oil Pollution news | ^Jump to the top^ | |
| 11. OPEC News | |
| | 5 December 2023 : Angola protests to OPEC over its lower oil output... {hellenicshippingnews.com} |
| Angola has sent a note of protest to OPEC over a decision by the wider OPEC+ oil producer group to reduce the countrys oil output quota for 2024 . . . | |
| | 1 December 2023 : Brazil to join OPEC+ in 2024, seeks oil market stability... {spglobal.com} |
| Brazil will join the OPEC+ alliance from January 2024, in a move that adds South Americas largest oil producer to the groups market influence . . . | |
| | 1 December 2023 : OPEC+ agrees voluntary oil production cuts {aljazeera.com} |
| OPEC+ producers have agreed to voluntary oil output cuts for the first quarter next year in an attempt to boost the market . . . | |
| | 30 November 2023 : OPEC talks focus on new oil production cuts {afr.com} |
| OPEC+ talks on next years oil policy were focusing on an additional oil supply cut to support the market . . . | |
| | 28 November 2023 : Saudi Arabia seeks OPEC+ oil quota cuts while some members resist {cnbctv18.com} |
| Saudi Arabia is asking others in the OPEC+ coalition to reduce their oil-output quotas in a bid to shore up global markets . . . | |
| | 25 November 2023 : OPEC+ said to be moving closer to compromise with... {hellenicshippingnews.com/} |
| OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, four OPEC+ sources told . . . | |
| | 24 November 2023 : Morgan Stanley expects OPEC to rein in output... {hellenicshippingnews.com} |
| Morgan Stanley sees prices of each barrel of Brent crude supported at a level in the mid-$80s, as it expects producer group OPEC to continue . . . | |
| | 23 November 2023 : Morgan Stanley expects OPEC to rein in output, balance market {naturalgasworld.com} |
| Morgan Stanley sees prices of each barrel of Brent crude supported at a level in the mid-$80s, as it expects producer group OPEC to continue . . . | |
| | 21 November 2023 : The UAE could raise oil production regardless of OPEC+ decision {oilprice.com} |
| OPECs third-largest producer, the United Arab Emirates, could raise its oil output next year as it has won a higher quota under the OPEC+ agreement . . . | |
| | 20 November 2023 : ASX to rise as oil rebounds on bets OPEC will further... {afr.com} |
| Australian shares are set to open higher on Monday as local stocks catch up with robust gains in US energy producers . . . | |
| More OPEC News | ^Jump to the top^ | |
| 12. General Oil News | |
| | 4 December 2023 : Nigerias economy begins major shift as oil sector rebounds {vanguardngr.com} |
| There are indications that Nigerias economy is reversing back to oil-sector led development while the gains made in non-oil sector is now reversing . . . | |
| | 4 December 2023 : COP28: 50 oil and gas companies sign charter to accelerate... {arabnews.com} |
| COP28 Presidency and Saudi Arabia launched the Oil and Gas Decarbonisation Charter, a global industry charter aimed at speeding up . . . | |
| | 4 December 2023 : Heavy oil discount tightens as new trade cycle... {hellenicshippingnews.com} |
| The discount on Western Canada Select heavy crude versus the North American benchmark West Texas Intermediate narrowed on Friday . . . | |
| | 4 December 2023 : US speeds up return of oil to Strategic Petroleum... {hellenicshippingnews.com} |
| The U.S. Department of Energy has sped up the return of 4 million barrels of oil to the Strategic Petroleum Reserve . . . | |
| | 29 November 2023 : Nigerias oil sector to exit recession after 4 years... {businessday.ng} |
| KPMG Nigeria, a professional services company, has projected that the oil sector in Africas biggest economy would exit recession in the fourth quarter of 2023 . . . | |
| | 27 November 2023 : Europes gas crisis is over, but not the painful adjustment {hellenicshippingnews.com} |
| Europes gas inventories continued to accumulate much later than usual into the autumn as exceptionally mild weather delayed . . . | |
| | 24 November 2023 : Russias oil and gas budget revenues seen down 40%... {hellenicshippingnews.com} |
| Proceeds from oil and gas sales for Russias federal budget are likely to be almost 40% lower this month than in October . . . | |
| | 24 November 2023 : Santos delays Australian unconventional gas project {upstreamonline.com} |
| Santos has revealed the final investment decision on its Narrabri coal seam gas field development in New South Wales, Australia, will be further delayed . . . | |
| | 22 November 2023 : Indonesia kicks off $20b renewable energy plan {oilprice.com} |
| Indonesia kicked off a plan to unleash $20 billion in global financing to help decarbonize its power sector, Reuters reported on Tuesday . . . | |
| | 22 November 2023 : Oil: JPMorgan expects more of the same in the oil market... {hellenicshippingnews.com} |
| Oil prices are down about 17% from the average price that prevailed in 2022. Meanwhile, supply cuts from some of the worlds largest producers . . . | |
| More General Oil News | ^Jump to the top^ | |
| 13. News on Biofuels | |
| | 5 December 2023 : Rex reports strong Q3, provides update on CCS project {ethanolproducer.com} |
| Rex American Resources Corp. released financial results for the fiscal third quarter on Nov. 30, reporting the company . . . | |
| | 5 December 2023 : BCL Industries bags Rs 339 cr ethanol supply order... {business-standard.com} |
| Additionally, its subsidiary company Svaksha Distillery has also secured an order of Rs 222 crore to supply ethanol . . . | |
| | 2 December 2023 : Vale starts biofuel trial on Oldendorffs Newcastlemax {offshore-energy.biz} |
| Brazilian mining giant Vale, working in partnership with Oldendorff Carriers, has kick-started its first biofuel voyage on a bulk vessel . . . | |
| | 1 December 2023 : Argentina raises domestic market biofuel prices {nasdaq.com} |
| Argentina raised the prices of biodiesel for its mandatory blending with gasoil used in the domestic market on Thursday . . . | |
| | 1 December 2023 : EPA fines Iowa ethanol producer for alleged clean Air Act violations {epa.gov} |
| The U.S. Environmental Protection Agency will collect a $89,860 penalty from POET Biorefining – Menlo LLC, a bioethanol producer in Menlo, Iowa . . . | |
| | 1 December 2023 : EIA: Biofuel capacity, feedstock consumption fall slightly... {ethanolproducer.com} |
| Total U.S. operable biofuels production capacity fell slightly in September, according to data released by the U.S. Energy Information Administration . . . | |
| | 30 November 2023 : Topsoe selected to deliver technology for renewable fuels... {biofuels-news.com} |
| Topsoe has signed licensing and engineering agreements with Santa Maria to develop a project focusing on the production of renewable fuels . . . | |
| | 30 November 2023 : Aemetis receives approval for 24-mile biogas pipeline {ethanolproducer.com} |
| Aemetis Inc. announced today that the Stanislaus County Board of Supervisors, upon a 4 to 0 vote, approved the California Environmental Quality Act . . . | |
| | 30 November 2023 : USDA: Corn use for fuel ethanol production at 430 million... {ethanolproducer.com} |
| Corn consumption for fuel ethanol production in September was down slightly when compared to the previous month . . . | |
| | 30 November 2023 : Ethanol production impacted by holiday week {brownfieldagnews.com} |
| The U.S. Energy Information Administration says production averaged 1.011 million barrels a day, the lowest since early October . . . | |
| More Biofuels News | ^Jump to the top^ | |
| Oil & Gas conferences in the next 60 days | |
| ^Jump to the top^ | |
 | 4th Energy Transition Forum 2023 : From 6th December to 7th December 2023 at Washington D.C.. Map |
| | 2nd International Congress and Exhibition: Türkiye & Black Sea Oil and Gas : From 13th December to 14th December 2023 at Istanbul. Map |
| | Americas Energy Summit & Exhibition : From 16th January to 19th January 2024 at New Orleans, Louisiana. Map |
| | 21st International Conference on Renewable Mobility : From 22nd January to 23rd January 2024 at Berlin. Map |
| | Maritime Week Africa 2024 : From 23rd January to 25th January 2024 at Cape Town. Map |
| | BBTC MENA - Middle East Bottom of the Barrel and Catalyst Technology : From 23rd January to 24th January 2024 at Manama. Map |
| | Onshore Well Site Automation 2024 : From 30th January to 1st February 2024 at Houston. Map |
| | 8th Green Shipping Summit : From 31st January to 1st February 2024 at Rotterdam. Map |
| | SulGas Conference : From 31st January to 2nd February 2024 at Mumbai. Map |
| See all events | ^Jump to the top^ | |
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