The chief executive of Brazil's state oil company Petrobras said on Thursday he expects to resume work on a major nitrogen fertilizer project in the city of Tres Lagoas, and hinted at new gas projects in Bolivia.
Oilfield activity slowed further this quarter, according to the latest survey of energy executives by the Federal Reserve Bank of Dallas, with declines in oil production and gas output indices.
Russian Urals deliveries through transfers at sea near Greece’s Kalamata port rebounded in June after operations dried up in April as the grade traded below a Western oil price cap, prompting more activity, according to Refinitiv data and traders.
Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.
A tropical wave located several hundred miles southwest of the Cape Verde Islands has a 50% chance of developing into a cyclone in the next 48 hours, the U.S. National Hurricane Center (NHC) said on Monday.