US
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Chevron to Acquire Noble Midstream Partners Shares
Sunday, 7th March 2021
Chevron has entered an agreement with Noble Midstream Partners LP to acquire all of the 33.925 million non-owned shares in an all-stock deal.
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Saudi Arabia, Russia Differ in OPEC+ Meeting
Monday, 22nd February 2021
Saudi Arabia and Russia are once again on contrary before crucial OPEC+ meeting about the oil market, according to Bloomberg.
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Suez Canal Favorite Route for US LNG Tankers
Wednesday, 3rd February 2021
The Suez Canal Authority (SCA) has succeeded in attracting the largest amount of the LNG tankers between the US and Far East at January 2021 compared with the competing routes and channels, according to the ARGUS International company’s report.
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India Receives 2 mmbbl Cargo of Carbon-Neutral Oil from US
Sunday, 31st January 2021
The American Occidental Petroleum Company stated that its Oxy Low Carbon ventures subsidiary has supplied a cargo of 2 million barrels of carbon-neutral oil to Reliance Industries Company of India.
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Lightsource BP Complete $380 MM Financing Package for Solar Projects
Wednesday, 27th January 2021
Lightsource BP company announced it has successfully completed the financing package of $380 million for Elm Branch and Briar Creek solar projects in Texas.
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Pipe-laying Operation Starts Ahead of Nord Stream 2 Project
Monday, 25th January 2021
A pipe- laying vessel starts its operation in Danish Water before the resumption of construction of the Nord Stream 2 pipeline.
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Indian Oil Imports from Africa, US Rise in November
Tuesday, 15th December 2020
Data obtained from industry sources showed that Indian oil imports from Africa and US, in November, has risen but dropped from Middle East and Latin America.
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Number of US Oil, Gas Rigs Rises for Third Consecutive Week
Sunday, 4th October 2020
US energy firms have added oil and gas rigs for a third week in a row following oil price increases, something that has not been seen since October 2018.
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US Shale to Decline by 68,000 bbl/d in October
Tuesday, 15th September 2020
US oil output is predicted to fall in October by 68,000 barrels per day (bbl/d) after output is set to decrease from seven major shale formations.
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US Oil Production Rises 4% in June
Tuesday, 1st September 2020
US oil production showed signs of recovery after June saw an increase of 4.1%, however, production levels have not fully recovered from the dramatic plunge in May.
Latest News
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PMS Implements 87 Projects Worth $171 MM
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Monday Minutes: Economic Snapshot
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El Molla Reviews Midor Refinery Expansion
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Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021