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Saudi denies oil output hike discussion, says OPEC+ may cut if needed

22/11/2022

Saudi Arabia on Monday said that OPEC+ was sticking with oil output cuts and could take further measures to balance

Goldman Sachs cuts 4Q oil forecast by $10/bbl on China ‘speed bump’

22/11/2022

Goldman Sachs on Sunday cut its fourth-quarter Brent oil price forecasts by $10 to $100 a barrel, citing factors including

Global oil demand expected to rise to 2.16m bpd in 2022: KAPSARC

22/11/2022

While the world is struggling with economic challenges, global oil consumption is still expected to increase year-on-year by 2.16 million

China’s crude oil output expands rapidly in October

22/11/2022

China’s crude oil output posted faster expansion in October, official data showed.

The output totaled 17.22 million tonnes in October, rising

Prices mixed on diverging weather, supply picture

22/11/2022

British prompt gas prices fell on Monday morning amid increased supply from Norway and downward demand revisions, but further out

U.S. natgas gains 4% on colder forecast, expected Freeport LNG return

22/11/2022

U.S. natural gas futures gained about 4% to a two-week high on Monday on forecasts for colder weather and stronger

China launches $2.4 bln expansion of Shanghai LNG terminal – state media

22/11/2022

China launched an expansion of its liquefied natural gas terminal in Shanghai’s Yangshan port, with total investment of about 17

Workers at BP refinery will not help with restart unless wage demands met -union

22/11/2022

Workers at BP’s Rotterdam refinery, which is currently offline, will not help restart operations unless their wage demands are met,

UAE’s ADNOC Drilling to acquire 3 more rigs for $320mln

22/11/2022

ADNOC Drilling Co., a subsidiary of Abu Dhabi’s national oil company ADNOC, has signed a deal to acquire three offshore

Ukraine war: Germany looks to renewables after Russian invasion

22/11/2022

As Germany struggles with the energy crisis sparked by the Russian invasion of Ukraine, many communities there are looking with

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