International
Crude Oil , Trade , International
Russia’s Putin: Rollover on Oil Output Curbs by OPEC+ Possible
The comments made by Russian President Vladimir Putin are the clearest signal yet from Russia, a global leader in oil production, that it is ready to continue with unprecedented output cuts in the face of a sluggish oil market.
Liquefied Natural Gas (LNG) , International , Emissions , Shale Plays , Midstream
Report: France Asks Engie to Delay US LNG Deal
Government has expressed concerns over emission levels at U.S. plants.
International , Infrastructure , Construction , Pipelines
Kremlin: US Nord Stream 2 Sanctions ‘Unfriendly and Destructive’
Pompeo set to submit a report to Congress.
Exploration & Production , Crude Oil , Trade , International
Iraq Flags Oil Project Delays, Sees Recovery Next Year
The Iraqi oil minister said he expects Iraq will raise its oil production capacity to 7 million bbl/d in the next five to six years, from around 5 million bbl/d now.
Crude Oil , Trade , International
Russia’s Energy Minister Says ‘Too Early’ to Discuss OPEC+ Plans Beyond 2020
A second government source said Russia, for now, would not disclose its plans on whether to continue with the current oil output cuts in order to prevent an overreaction in the market.
International , Renewables
Reliance Chairman: India Will Fully Shift to Renewable Energy
Country imports 80% of its energy.
Crude Oil , Trade , International
Saudi Arabia Crude Oil Exports Rise for Second Consecutive Month
Additionally, Saudi Arabia's crude oil output rose by 500,000 bbl/d to 8.98 million bbl/d in August, official figures showed.
Crude Oil , Trade , International
OPEC Pledges Action to Support Oil Market as Demand Concerns Grow
OPEC and allied producers on Oct. 19 pledged action to support the oil market as concerns mounted that a second wave of the COVID-19 pandemic will hobble demand.
Petrochemicals , Crude Oil , Trade , International , Storage
What’s Affecting Oil Prices This Week? (Oct. 19, 2020)
Global oil participants saw contradicting messages last week from OPEC and Russia with regards to their approach for rebalancing markets, reminiscent of what happened in early March, Stratas Advisors says in its latest oil price forecast.
Liquefied Natural Gas (LNG) , Natural Gas , Exports , International , Emissions , Renewables
EIA: China Primed for Jump in Natural Gas Demand
Renewables will grow, too, as Asian electricity demand soars between now and 2050.