Europe’s gas inventories continued to accumulate much later than usual into the autumn as exceptionally mild weather delayed the onset of the winter heating season.
INTERNATIONAL Feed Atom
OPEC's share in India's oil imports in October hit a 10-month high as refiners bought more crude from Saudi Arabia and the United Arab Emirates after discounts narrowed for Russian oil that month, trade data showed.
OPEC+ has delayed its ministerial meeting to set output policy to Nov. 30 from Nov. 26 as previously scheduled, OPEC said in a statement on Wednesday.
Oil prices slipped slightly on Wednesday in quiet pre-U.S. Thanksgiving holiday trading, as the market awaited news on output cuts from the OPEC+ producers group and looked for confirmation of a sharp build-up in U.S. crude stocks.
Saudi Arabia’s new natural gas discoveries are no threat to Nigeria’s LNG business. This is according to Kayode Oluwadare, the Regional Energy Partner at Energy Compact.
Canada's supply and demand for energy products increased in 2022 as economies around the world continued reopening following the lifting of COVID-19 restrictions, Statistics Canada said on Monday.
India is making plans to establish a strategic natural gas reserve that can store up to 4 billion cubic metres (BCM) of imported gas.
Oil fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned cautious ahead of a meeting of OPEC+ this Sunday.
The global oil market will see a slight surplus of supply in 2024 even if the OPEC+ nations extend their cuts into next year, the head IEA oil told.
Saudi Arabia, Russia and other members of OPEC are scheduled to meet in Vienna on Sunday and could make further changes to an agreement that already limits supply into 2024.
India has been progressively implementing an ethanol policy to promote the use of biofuels. The policy provides for the usage of multiple feedstocks including grains, thereby giving flexibility to the mills and better capacity utilisation of distilleries.
Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country.
Canada's government will present legislation this month to start paying subsidies for carbon capture and net-zero energy projects, part of a plan to worth around $20 billion over five years.
Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore up prices after four weeks of decline on demand worries.
Kuwait's economy is projected to decline in 2023 due to lower oil production, amid the country's commitment to additional Opec+ production cuts, a report has said.
India’s crude oil imports are expected to grow from October level during the remaining two months of the calendar year in line with the ongoing festival and marriage season, which also witnesses an uptick in industrial, construction and farm activities.
The 17th Annual GPCA Forum, the Persian Gulf Petrochemicals and Chemicals Association (GPCA) flagship event, hosted by QatarEnergy, will take place for the first time in Qatar National Convention Centre, Doha from 4-6 December 2023.
According to a poll conducted by the non-profit Angus Reid Institute, Canadians have a profound lack of awareness about how much they are paying in carbon taxing, whether they receive a rebate and if they are better or worse off financially with the combined tax and rebate.
India’s foreign minister said his country was awaiting a “thank you” for buying sanctioned Russian oil, saying the move had eased pressure on prices elsewhere.
The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the Group of Seven's price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine.