Indian Prime Minister, Narendra Modi, announced the launch of 450-kilometer gas pipeline linking the southern states of Kerala and Karnataka as a part of its plan to develop coastal regions. He added that this pipeline is built by GAIL LTD to help industries, households and vehicles convert into using the cleaner fuel.
Halliburton Company announced that it has assigned Van H. Beckwith as Executive Vice President, Secretary and Chief Legal Officer instead of Robb Voyles who is stepping down after seven years with the company.
The Kuwaiti Minister of Oil, Electricity and Water, Mohammed Al-Faris announced the discovery of three new oil fields in different regions of the country for Kuwait Oil Company (KOC).
ENOC group announced that it has opened a new service station in Umm Al Quwain to supply fuel for vehicles crossing Sheikh Mohammed bin Zayed Road from the Northern Emirates to Dubai and Abu Dhabi.
Sharjah National Oil Corporation (SNOC), and Eni company have announced the production start-up of Mahani field through Mahani-1 gas well in Sharjah Area B.
The Iran's parliament reduced the government’s oil export target to 1.5 million barrels per day (mmbl/d) from 2.3 mmbl/d to manage expectations.
Angola’s National Oil, Gas and Biofuels Agency (ANGP), announced that it will conduct international bid round for awarding new oil concessions in the country with entry fees worth $1 million.
The Chairman of Libyan National Oil Corporation (NOC), Mustafa Sanallah, stated that the company targets to produce 1.2 million barrels per day (mmbl/d) of oil during 2021 as a part of its plan for the new year.
Russian Gazprom company announced that it started to supply natural gas to Serbia, Bosnua, Heregovina from January 1st via a new route across Turkey and Bulgaria.
A preliminary data released from the South Korean Ministry of Trade, Industry and Energy, showed that oil imports reduced 7.5% to 82.7 million barrels in December 2020 compared to 89.5 million barrels in the same month of the previous year.
