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Largest LNG vessel ever to load at US terminal departs Cheniere's Sabine Pass

The largest LNG vessel ever to load in the US departed Cheniere Energy's Sabine Pass export terminal in Louisiana on April 29, a company spokeswoman said.

read more... 30/04/2021

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OPEC+ sticks to plan to ease crude oil output cuts from May 1

OPEC, Russia and their allies will stick to plans for a phased easing of oil production restrictions from May to July amid upbeat forecasts for a recovery in global demand and despite surging coronavirus cases in India, Brazil and Japan.

read more... 28/04/2021

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New oil and gas discovery in the Norwegian Sea

Recoverable resources so far have been estimated at between three million and 4.2m standard cubic metres of oil equivalent

read more... 23/04/2021

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Global oil demand to peak in 2026-Rystad Energy

The rapid adoption of electric vehicles (EV) around the world will probably cause global oil demand to peak two years earlier than previously expected, Norway's biggest independent energy consultancy Rystad said on Wednesday.

read more... 22/04/2021

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Russia aims to boost oil exports before reaching output peak in 2027-2029

Russia's revised oil strategy will focus on maximizing monetization from crude exports before hitting peak production in 2027-2029 and seeing world demand drop, according to a draft document on the development of the sector up to 2035 being reviewed by the State Duma and set to be approved by the government April 22.

read more... 15/04/2021

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