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| 1. News on Oil Prices | |
 | 29 November 2023 : Gas prices drop more than 60 days in a row {weny.com} |
| The average price for a gallon of regular gas stood at $3.25 a gallon on Tuesday, according to AAA . . . | |
| | 29 November 2023 : Oil prices soars over 2% amid focus on OPEC+, Brent crude at $81.86 {livemint.com} |
| Crude oil prices surged more than 2%, driven by speculation that OPEC+ might prolong or deepen production cuts . . . | |
| | 29 November 2023 : Oil prices rise after storm disrupts Kazakh, Russian exports {moneycontrol.com} |
| Oil prices rose on Wednesday as a storm in the Black Sea region disrupted oil exports from Kazakhstan and Russia . . . | |
| | 29 November 2023 : U.S. gas prices have fallen or remained steady for 10 weeks... {spectrumnews1.com} |
| Gas prices have fallen or remained steady since September 19 — marking about a 70-day trajectory of decline, Andrew Gross, spokesperson for motor club AAA . . . | |
| | 29 November 2023 : Europe gas: Prices down on healthy storage despite... {hellenicshippingnews.com} |
| Dutch and British gas prices fell on Tuesday morning on healthy inventories and strong flows of liquefied natural gas . . . | |
| | 29 November 2023 : Idaho gas prices continue to fall {eastidahonews.com} |
| Today, the average price for a gallon of regular in the Gem State is $3.64, which is six cents less than a week ago, 27 cents less than a month ago . . . | |
| | 29 November 2023 : Gas prices drop more than 60 days in a row {edition.cnn.com} |
| The average price for a gallon of regular gas stood at $3.25 a gallon on Tuesday, according to AAA. Thats down five cents from a week ago and 26 cents from a month ago . . . | |
| | 28 November 2023 : Michigan gas prices fall to lowest of year, post... {fox2detroit.com} |
| Gasoline prices have dropped to the lowest prices this year at $3.16 per gallon. The price drop is more than 10 cents cheaper per gallon . . . | |
| | 28 November 2023 : AAA: Georgia gas price average down 3 cents {cleburnetimesreview.com} |
| The Georgia gas price average continues to decrease at the pump. Georgia drivers are now paying an average price of $2.79 per gallon . . . | |
| | 28 November 2023 : Valley gas prices continue to drop {dailyitem.com} |
| Gas prices across the Susquehanna Valley on average were five cents lower on Monday, at $3.479 per gallon, compared to last week . . . | |
| More news on Oil Prices | ^Jump to the top^ | |
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| 2. Rig News | |||||||||
| | 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 . . . | |||||||||
| | 27 November 2023 : XCMG Machinerys electric workover rig has completed... {oilfieldtechnology.com} | ||||||||
| XCMG Machinerys electric workover rig has recently completed the cleaning of 10 oil pipelines in an oilfield in Northern China . . . | |||||||||
| | 25 November 2023 : US drillers add oil and gas rigs for... {hellenicshippingnews.com/} | ||||||||
| U.S. energy firms this week added oil and natural gas rigs for a second week in a row, energy services firm Baker . . . | |||||||||
| | 24 November 2023 : Schlumberger to employ 22 on rig plant {observer24.com.na} | ||||||||
| Services Pétroliers Schlumberger, a globally recognised oilfield services giant listed on the stock exchanges in New York, Paris, and London . . . | |||||||||
| | 23 November 2023 : US drillers add oil and gas rigs for second week in a row... {nasdaq.com} | ||||||||
| U.S. energy firms this week added oil and natural gas rigs for a second week in a row, energy services firm Baker Hughes BKR.O said . . . | |||||||||
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| 3. News on Oil Exploration | |
| | 29 November 2023 : Shell advances Manatee gas field development with notice... {ogj.com} |
| Shell Trinidad and Tobago Ltd. is advancing work at Manatee gas field development with issue of a limited notice to proceed to McDermott International Ltd . . . | |
| | 29 November 2023 : Chevron files application for exploration work offshore Namibia {ogj.com} |
| A Chevron Corp. affiliate has filed an application with the Ministry of Environment, Forestry, and Tourism for the Republic of Namibia . . . | |
| | 29 November 2023 : US holds first of several oil and gas auctions as COP28 gets underway {Reuters} |
| The Biden administration on Tuesday said it raised $3.4 million from a sale of oil and gas drilling rights in Wyoming . . . | |
| | 28 November 2023 : Shell finds gas at Mina West offshore Egypt {offshore-mag.com} |
| Shell Egypt has proven gas with the first well of a three-well exploration campaign in the Egyptian sector of the Mediterranean Sea . . . | |
| | 28 November 2023 : Galp spuds Namibia Orange basin exploration well {ogj.com} |
| Galp Energia SGPS SA has spudded the Mopane 2X exploration well in petroleum exploration license 83 in Namibias Orange basin . . . | |
| | 28 November 2023 : Capex returns Vaca Muerta area license following... {ogj.com} |
| Capex SA opted not to continue with a second exploratory period at Parva Negra Oeste area in Neuquén province following 5 years without discovery . . . | |
| | 28 November 2023 : Investment in oil and gas exploration, production in Oman... {zawya.com} |
| The volume of investment in the sector of oil and gas exploration, production and development during the first half of 2023 . . . | |
| | 27 November 2023 : Talks between Italys Eni and Libyas NOC on exploration... {libyaupdate.com} |
| The Italian multinational energy company Eni and the Libyan National Oil Corporation discussed the exploratory programs planned for 2024 . . . | |
| | 27 November 2023 : Oil and gas sector receives $5.8bn investment in H1 {muscatdaily.com} |
| Omans oil and gas sector witnessed US$5.84bn in total investments in exploration, production, and development of projects . . . | |
| | 27 November 2023 : Greens launch petition to save oil and gas ban {greens.org.nz} |
| The new Governments plan to expand oil and gas exploration is as dangerous as it is unscientific. We need to come together to stop them . . . | |
| More news on Oil Exploration | ^Jump to the top^ | |
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| 4. News on Oil Demand and Oil Consumption | |
| | 29 November 2023 : Asia fuel oil-HSFO rebounds as market eyes China... {hellenicshippingnews.com} |
| Asias high sulphur fuel oil market firmed on Tuesday amid market expectations of China resuming more purchases . . . | |
| | 27 November 2023 : Asia spot LNG holds steady as demand weak... {hellenicshippingnews.com} |
| Asian spot liquefied natural gas prices were little changed this week, slipping slightly from the previous week . . . | |
| | 29 November 2023 : Urgent clean energy transition needed as oil and gas... {Economic Times} |
| The International Energy Agency released a report before the COP28 climate summit, revealing that global oil and gas consumption in 2022 . . . | |
| | 24 November 2023 : Indias LPG demand falls in October on higher prices {argusmedia.com} |
| Indias LPG consumption fell by 2pc on the month to 2.5mn t in October because of rising commercial cylinder prices over the last few months . . . | |
| More Oil Demand News | More Oil Consumption News | ^Jump to the top^ | |
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| 5. News on Oil Output | ||||||||
| | 29 November 2023 : Suncors Terra Nova FPSO restarts production... {offshore-technology.com} | |||||||
| Suncor Energy has restarted production from the Terra Nova floating, production, storage and offloading vessel offshore Canada . . . | ||||||||
| | 29 November 2023 : Australias QPM increases gas output at Moranbah {argusmedia.com} | |||||||
| Australias QPM Energy has increased output from its onshore Moranbah project in Queenslands Bowen basin by 18pc . . . | ||||||||
| | 29 November 2023 : Russias monthly gas output up in Oct, down in Jan-Oct... {naturalgasworld.com} | |||||||
| Russias gas output rose for the third month in a row in October but overall gas production in the first 10 months of the year fell . . . | ||||||||
| | 29 November 2023 : Libyas state oil firm needs $17 bln to reach 2 mln bpd... {hellenicshippingnews.com} | |||||||
| Libyas oil state firm the National Oil Corporation needs a budget of $17 billion to increase national oil output to 2 million barrels per day . . . | ||||||||
| | 28 November 2023 : Russias monthly gas output up in Oct, down in Jan-Oct... {marketscreener.com} | |||||||
| Russias gas output rose for the third month in row in October but overall gas production in the first 10 months of the year fell . . . | ||||||||
| | 28 November 2023 : US natgas hits two-month low on ample output, mild weather {nasdaq.com} | |||||||
| U.S. natural gas futures fell to a two-month low on Monday, weighed down by record output while mild weather limited heating demand . . . | ||||||||
| | 28 November 2023 : Chevrons Kazakh oil output hit in raging Black Sea storm {oilprice.com} | |||||||
| Crude oil loadings at key Black Sea ports in Russia and Ukraine continue to be halted amid a raging storm that has left an estimated two million people . . . | ||||||||
| | 28 November 2023 : Upstream: Nigerias oil output rises 30% to 1.6m bpd {vanguardngr.com} | |||||||
| Nigerias crude oil production, including condensate, rose year-on-year, YoY by 30 per cent to 1.6 million barrels per day, bpd in October 2023 . . . | ||||||||
| | 28 November 2023 : Indias crude oil output up 1.3% to 2.5 MMT in October... {hellenicshippingnews.com} | |||||||
| India produced a total of 2.5 million metric tonnes of crude oil in October 2023 – registering a growth of 1.3 per cent . . . | ||||||||
| | 28 November 2023 : US oil and gas production set to break record in 2023... {theguardian.com} | |||||||
| The United States is poised to extract more oil and gas than ever before in 2023, a year that is certain to be the hottest ever recorded . . . | ||||||||
| More Oil Output News | ^Jump to the top^ | ||||||||
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| 6. News on Oil Transportation | |
| | 29 November 2023 : Iraqs oil export revenues exceeded $9.59 billion in October {iraqinews.com} |
| The Iraqi Ministry of Oil confirmed on Monday that oil export revenues through October surpassed $9.59 billion . . . | |
| | 29 November 2023 : Caspian Pipeline Consortium: oil exports up... {hellenicshippingnews.com} |
| Caspian Pipeline Consortium said on Tuesday that it has exported almost 57.5 million metric tons of oil so far this year as of Nov. 24 . . . | |
| | 29 November 2023 : Russian crude oil flows rebound ahead of key OPEC+ meeting {oilprice.com} |
| Despite storms in the Black Sea disrupting loadings, weekly crude oil shipments out of Russia rebounded in the week to November 26 . . . | |
| | 28 November 2023 : Indias petroleum product exports rise 12.6% in October... {Economic Times} |
| Indias exports of petroleum products saw a significant increase of 12.6% in October 2023 from the same month a year earlier . . . | |
| | 27 November 2023 : Russian oil imports to EU via Bulgaria surge {euractiv.com} |
| The amount of Russian oil imported into the EU through the Lukoil refinery in Bulgaria has increased significantly in the past few months . . . | |
| | 27 November 2023 : UAE set to ramp up Murban crude exports in early... {hellenicshippingnews.com} |
| The United Arab Emirates will ramp up exports of Abu Dhabis flagship Murban crude early in 2024 as a new OPEC+ mandate kicks in and barrels are diverted . . . | |
| | 27 November 2023 : East Australia secures extra domestic gas to 2030 {argusmedia.com} |
| Australias federal government has secured up to 300PJ of extra gas supplies for the countrys east coast market to 2030 . . . | |
| | 27 November 2023 : Iran sees less income from oil and gas exports in the coming year {iranintl.com} |
| Irans draft budget for 2024-2025, presented to the parliament, reveals a significant decline in oil and gas export revenues . . . | |
| | 25 November 2023 : Greek shippers exit Russian oil trade as U.S... {hellenicshippingnews.com/} |
| Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid . . . | |
| | 24 November 2023 : Indias October crude oil imports rise after four months... {Economic Times} |
| Indias crude oil imports rose in October, after falling in the previous four months, as the worlds third biggest oil importer and consumer shipped . . . | |
| 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 | |
| | 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 . . . | |
| | 15 November 2023 : ICE OIL & GAS signs production sharing agreement with... {oilfieldtechnology.com} |
| ICE OIL & GAS has signed a production sharing agreement with the State of Côte dIvoire on offshore block CI-705 . . . | |
| | 14 November 2023 : GAS Arabian awarded EPC contract for... {constructionweekonline.com} |
| GAS Arabian Services announced it has secured a $13.5 million contract from Advanced Petrochemical to . . . | |
| More news on oil contracts | ^Jump to the top^ | |
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| 9. News on Oil stocks | |
| | 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 . . . | |
| | 22 November 2023 : Shell, BP wrap up Browse stake sale {lngprime.com} |
| A unit of LNG giant Shell has completed its previously announced deal with BP to sell a 27 percent stake in the Woodside-led Browse project in Australia . . . | |
| | 22 November 2023 : TotalEnergies completes sale of Canadian assets to Suncor {offshore-technology.com} |
| French oil and gas company TotalEnergies has completed the sale of its upstream assets in Canada to Suncor Energy . . . | |
| | 21 November 2023 : TotalEnergies exits Canadian oil sands with $1.1 billion... {upstreamonline.com} |
| French energy giant TotalEnergies has concluded the divestment of its Canadian oil sands assets, marking a strategic departure from the region . . . | |
| | 20 November 2023 : Kuwaits KUFPEC to divest Norwegian assets to PGNiG {offshore-technology.com} |
| Kuwait Foreign Petroleum Exploration Company has agreed to divest its oil and gas assets in Norway to Polands Orlen in a deal worth $454m . . . | |
| | 20 November 2023 : Repsol sells 49% stake in renewable assets of Ebro project... {thecorner.eu} |
| Bankinter| Repsol has sold a 49% stake in renewable assets of the Ebro project, 618MW, to Pontegadea for €363 million . . . | |
| | 19 November 2023 : Afentra and Sonangol sign deal for Angolan oil block... {africa.businessinsider.com} |
| Afentra PLC, a U.K.-based energy firm, has signed an agreement with Sonangol, Angolas national oil company, to acquire stakes . . . | |
| | 17 November 2023 : WhiteHawk to acquire additional natural gas assets in... {offshore-technology.com} |
| WhiteHawk Energy has agreed to acquire additional natural gas mineral and royalty assets in Marcellus Shale in the US . . . | |
| More news on oil stocks | ^Jump to the top^ | |
FPSO For Long Term Time Charter |
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| 10. News on Oil Pollution | |
| | 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 . . . | |
| | 25 November 2023 : Coast Guard drill to tackle oil spills in the sea begins {indianexpress.com/} |
| The National Pollution Response Exercise-IX, the periodical exercise conducted by the Indian Coast Guard . . . | |
| | 24 November 2023 : Philippine tanker oil spill claims surpass 30,000 {insurancebusinessmag.com} |
| Data presented at the International Oil Pollution Compensation Funds November meeting revealed that compensation claims . . . | |
| | 24 November 2023 : TotalEnergies working with Nigerian authorities to contain... {offshore-energy.biz} |
| French energy giant TotalEnergies has joined forces with several Nigerian organizations, including the Nigerian Maritime Administration and Safety Agency . . . | |
| | 24 November 2023 : Shell faces UK trial over oil spills in Nigeria {oilprice.com} |
| The High Court in London has ruled that thousands of Nigerians can sue Shell for breaching their right to a clean environment due to oil spills . . . | |
| | 24 November 2023 : Oil spill shuts in 3% of daily production in the Gulf of Mexico {oilprice.com} |
| An oil leak from an underwater pipe in the Gulf of Mexico has prompted the shut-in of over 60,000 bpd in daily production . . . | |
| More Oil Pollution news | ^Jump to the top^ | |
| 11. OPEC News | |
| | 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 . . . | |
| | 20 November 2023 : OPEC+ to consider whether more oil cuts needed {brecorder.com} |
| OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month . . . | |
| | 20 November 2023 : Oil traders turn bearish, daring OPEC⁺ to cut again {hellenicshippingnews.com} |
| Investors continued to sell petroleum futures and options last week as sentiment became the most bearish since the middle of the year . . . | |
| | 18 November 2023 : US drillers add oil and gas rigs for first time... {nasdaq.com} |
| U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, as the oil . . . | |
| | 18 November 2023 : OPEC+ to consider whether more oil cuts needed {Economic Times} |
| OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month, three . . . | |
| More OPEC News | ^Jump to the top^ | |
| 12. General Oil News | |
| | 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 . . . | |
| | 21 November 2023 : China resumed storing crude oil in October as... {hellenicshippingnews.com} |
| China resumed adding to crude oil inventories in October as refinery processing slid from a record high and imports rose slightly from September . . . | |
| | 17 November 2023 : European, Canadian oil and gas companies outpace... {hellenicshippingnews.com} |
| This article is part of the PATH TO NET ZERO series examining the metals and mining, electric utility, oil and gas, chemicals and shipping sectors . . . | |
| | 15 November 2023 : Diesel crisis eases with slowdown in U.S. manufacturing {oilprice.com} |
| U.S. manufacturing activity has been stumbling for most of this year, and with it, the outlook for fuel demand with a focus on diesel . . . | |
| | 14 November 2023 : Nigeria has unpaid gas royalty of $559.8 million, unpaid gas {nairametrics.com} |
| Nigeria has an unpaid gas royalty of $559.8 million and an unpaid gas flare penalty of $828.8 million. This is . . . | |
| More General Oil News | ^Jump to the top^ | |
| 13. News on Biofuels | |
| | 29 November 2023 : Technip Energies wins contracts for biofuels project... {biodieselmagazine.com} |
| Technip Energies on Oct. 5 announced it has been awarded engineering, procurement services and construction management contracts . . . | |
| | 29 November 2023 : Review shows Brazils role in sugarcane for biofuels... {biofuelsdigest.com} |
| In Brazil, publications on sugarcane have increased exponentially since 2006 worldwide, and Brazil has had more articles published on the topic . . . | |
| | 28 November 2023 : Biofuel, ag groups express disappointment in courts SRE... {ethanolproducer.com} |
| A coalition of biofuel and farm groups on Nov. 27 released a statement expressing disappointment in the Fifth Circuit Court of Appeals Nov. 22 decision . . . | |
| | 28 November 2023 : OMV Petrom bets on biofuels via new acquisition {petrolplaza.com} |
| OMV Petrom has signed an agreement to purchase 50% of the shares of the Romanian company Respiră Verde . . . | |
| | 27 November 2023 : India mandates biogas blending in CNG, piped gas {argusmedia.com} |
| India plans mandatory blending of compressed biogas in domestic compressed natural gas and piped natural gas . . . | |
| | 27 November 2023 : Petrobras signs an agreement with European Energy to assess... {biofuelsdigest.com} |
| In Brazil, Petrobras signed a Memorandum of Understanding with Danish company European Energy, to investigate the business opportunities . . . | |
| | 27 November 2023 : BGW installs Whitefox ICE- XL tech to produce ethanol... {biofuelsdigest.com} |
| In Poland, Whitefox Technologies announced that BGW sp has installed Whitefox ICE-XL technology at its 108 MLPY plant in Rąbczyn . . . | |
| | 26 November 2023 : Indonesia to produce biodiesel from palm oil {dailynews.lk/} |
| Indonesia has now moved to produce biodiesel for the motor vehicle segment and 40% of the raw material used for this . . . | |
| | 26 November 2023 : Compressed biogas & natural gas blending must from 2025 {tribuneindia.com} |
| It will be compulsory to blend compressed biogas with natural gas for use in automobiles and household kitchen from . . . | |
| | 25 November 2023 : Ingenza and Phibro Ethanol accelerate the... {news-medical.net} |
| Ingenza and Phibro Ethanol – a division of Phibro Animal Health Corporation – have joined forces to engineer a . . . | |
| More Biofuels News | ^Jump to the top^ | |
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