Crude Oil , Trade , International , Shale Plays , Technology

Hydrogen: What Industry Insiders Think of the ‘Fuel of the Future’

Hydrogen is vogue again. In the media, at conferences, in company presentations, there is no escaping the buzz around it.

March 19, 2021

Crude Oil , International

Oil Supercycle Unlikely But Gasoline Demand May Have Peaked, IEA Says

An extended surge in oil prices is unlikely as the world rebounds from the pandemic given ample supply but changes are seen in demand and gasoline may have peaked, the IEA said on March 17.

March 17, 2021

International , Construction , Pipelines

Enbridge Asks Canadian Government for Support in Line 5 Dispute

Enbridge wants Ottawa to back is court filings against efforts by the State of Michigan to shut down the oil pipeline.

March 17, 2021

Exploration & Production , International

Rights Groups Call on Total to Suspend Payments in Myanmar

Total says it is ‘worried’ about the situation following the coup.

March 16, 2021

Business , Exploration & Production , International , Health, Safety & Environment , Emissions

Santos to Let Shareholders Vote on Climate Change Report in 2022

Australian gas producer Santos Ltd. said on March 16 it would let shareholders cast a non-binding advisory vote on its climate change report at its annual general meeting next year.

March 16, 2021

Crude Oil , Trade , International

US Becomes India’s Second Biggest Oil Supplier, Saudi Plunges to No. 4

The United States overtook Saudi Arabia as India’s second biggest oil supplier after Iraq last month, as refiners boosted cheaper U.S. crude purchases to record levels to offset OPEC+ supply cuts, data from trade sources showed on Match 15.

March 15, 2021

Liquefied Natural Gas (LNG) , International , Emissions , Midstream

Woodside Sells First Carbon Offset Condensate Cargo from Australia

Woodside Petroleum Ltd. and its Japanese partners have shipped their first cargo of carbon offset condensate to commodity trader Trafigura from the Pluto LNG plant in Western Australia, the company said on March 15.

March 15, 2021

Crude Oil , Trade , International

Saudi Arabia Cuts April Crude for Some Asian Buyers, Maintains India Supply: Sources

Saudi Arabia’s reduction in crude supplies comes as OPEC and its allies, a group known as OPEC+, decided earlier this month to extend most of its supply cuts into April.

March 12, 2021

Crude Oil , Trade , International

Saudi Oil Exports Post Only Small Drop Despite Pledged Cut: Reports

Oil flows from Saudi Arabia as monitored by two companies, Petro-Logistics and Kpler, suggest a smaller decline in February despite the kingdom’s promised voluntary production cut.

March 10, 2021

International , Construction , Pipelines

Cruz Puts Hold on Biden’s CIA Pick over Nord Stream 2 Pipeline

Senator wants administration to put sanctions on companies supporting the gas pipeline’s construction.

March 8, 2021