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25 October 2020

Tropical storm Zeta headed for central US Gulf

Yet another tropical storm system is expected to hit the central US Gulf of Mexico this week, leading to the shut in of oil and natural gas production in the region.

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Crude oil Natural gas/LNG Oil products North America

25 October 2020

Cenovus to buy Husky as Canada oil sands consolidate

Canadian oil sands producer Cenovus Energy agreed to acquire rival producer Husky Energy in a C$3.8 bn ($2.9 bn) all-stock transaction that would create the country's third largest producer of oil and natural gas.

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Crude oil Oil products North America

25 October 2020

UK seizes tanker after 'suspected hijacking': Update

UK armed forces have gained control of a crude tanker involved in a "suspected hijacking" off the southern coast of England, the Ministry of Defence said.

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Crude oil Africa Europe

25 October 2020

US mediates new ceasefire in Nagorno-Karabakh

The US administration today mediated a temporary ceasefire between the Armenian and Azeri forces fighting in the Nagorno-Karabakh region, following two failed bids by Moscow and Paris to halt hostilities underway since 27 September.

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Crude oil Natural gas/LNG Europe FSU Middle East North America

25 October 2020

UK police dealing with 'incident' on crude tanker

UK police are dealing with "an ongoing incident" on board a crude tanker off the southern coast of England.

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Crude oil Africa Europe

25 October 2020

Saudi petrochemicals giant Sabic swings into profit

Saudi petrochemicals producer Sabic swung back to profit in the third quarter amid an improvement in economic activity and higher oil prices.

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Petrochemicals Middle East

25 October 2020

Saudi Arabian Airlines to resume flights to 33 cities

State-owned Saudi Arabian Airlines will resume services to 33 international destinations next month as part of a phased return to pre-pandemic operation levels by early 2021.

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Oil products Middle East

25 October 2020

Oman Air restarts flights to three more destinations

Oman's national carrier, Oman Air, has resumed flights to three more cities in Kuwait, Bahrain and Sri Lanka effective today, as part of plans to ramp its commercial passenger services back up to normal following the more than six-month hiatus because of Covid-19.

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Oil products Middle East

25 October 2020

Libya's Es Sider port could resume exports this month

Libya's Es Sider terminal could resume exports of its namesake crude by the end of this month, just days after restarting operations.

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Crude oil Africa

25 October 2020

Iran to impose tougher Covid-19 measures in 43 cities

The Iranian authorities will implement a new set of restrictions on tens of cities across the country, following the latest surge in new Covid-19 cases.

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Oil products Middle East

25 October 2020

KNPC starts up boilers at Mina Abdullah refinery CFP

Kuwait's state-owned refiner KNPC has announced the start-up of six boilers at its 265,000 b/d Mina Abdullah refinery - another step towards the planned completion of its long-delayed $16bn Clean Fuels Project (CFP) later this quarter.

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Oil products Middle East

23 October 2020

Venezuela military guarding sensitive oil transfer

The Venezuelan military is heavily guarding the gradual transfer of crude from an impaired floating storage vessel in the Gulf of Paria, making it difficult for concerned parties in Venezuela and nearby Caribbean islands to monitor progress.

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Crude oil Latin America and Caribbean

23 October 2020

US election 2020: Race to the bottom with Russia

It is obvious to any Kremlin watcher that Russian president Vladimir Putin would prefer that his US counterpart, Donald Trump, defeat the Democratic challenger, Joe Biden, in next month's US election, even though the Russian energy sector has little to gain from a second Trump term.

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Crude oil Natural gas/LNG Oil products FSU North America

23 October 2020

Mideast Gulf states wary of US reset

Saudi Arabia and the UAE would be far more comfortable if US president Donald Trump wins next month's election, fearful that the Middle East policies of a Joe Biden administration would look like a continuation of Barack Obama's.

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Crude oil Natural gas/LNG Middle East

23 October 2020

Trump seeks to redo ‘energy dominance’

President Donald Trump's pitch to voters for his first term was to bring the country back to a simpler era, with the idea to "Make America Great Again".

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Crude oil North America

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