Italian Eni reports $8.6 billion annual loss in 2020 - Full-year revenue in 2020 amounted to $44.9 billion, marking a 36.7% fall from $71.04 billion in 2019 20.02.2021 Finance Europe
US: Gas demand rises sharply amid freezing weather - 4.5M power outages in Texas alone, 20% of US refinery capacity shut down in Gulf Coast 18.02.2021 Natural Gas Americas
Revenues of oil giants decline 35.8% in 3Q20 - Royal Dutch Shell records highest year-over-year decline in revenue 21.12.2020 Oil News from companies World Europe Eurasia Asia Americas Middle East-Africa
UAE discovers 22 billion barrels of oil reserves - Discovery comes after finding of 7 billion barrels of oil in November, bringing country’s recoverable reserves up to 107 billion 23.11.2020 Oil World Middle East-Africa
Eni announces new gas discovery offshore Egypt - According to preliminary estimates, Great Nooros Area discovery may contain in excess of 4 trillion cubic feet of gas 16.09.2020 Natural Gas World Europe
‘UAE-Israel deal tilts balance of power towards Israel’ - Asia-Pacific groups seek OIC summit, urge global community to take proactive steps towards independent Palestinian state 17.08.2020 Energy Diplomacy Middle East-Africa
Poland's anti-monopoly watchdog fines Gazprom - UOKIK sanctions Gazprom, Engie Energy, Uniper, OMV, Shell and Wintershall 04.08.2020 Natural Gas International Organization Europe
Eni posts $5B net loss, 55% revenue fall in 2nd qtr. - Company going through one of most challenging quarters oil and gas industry faced in history, CEO says 30.07.2020 Oil
ENI revises down Brent price forecast by $10 for 2023 - For 2020-2022 period, Italian energy firm forecasts Brent at respectively $40, $48 and $55 per barrel 07.07.2020 Natural Gas Oil Oil Europe
ENI announces new gas discovery offshore Egypt - ENI, BP and Total will begin screening development options of new discovery in coordination with Egypt's petroleum sector 02.07.2020 Natural Gas Europe Middle East-Africa
ENI, Sonatrach ink deal to expand upstream partnership - Agreement comes during meeting with Algerian energy minister and CEOs of ENI and Sonatrach 02.07.2020 Natural Gas Middle East-Africa
US refinery capacity sets new record in 2019 - Total of 135 refineries operable in US last year 29.06.2020 Oil Refining/Petro Chemistry Americas
ADNOC inks record high gas pipeline investment deal -With $10.1 billion to ADNOC, deal is single-largest energy infrastructure transaction in region and biggest in world in 2020 23.06.2020 Lng/Lpg Middle East-Africa
Weak fuel demand causes refinery run declines in US - As US motor gasoline and jet fuel consumption falls to lowest level since 1991, refiners change mix of petroleum products 06.05.2020 Refining/Petro Chemistry Energy Security Americas
ENI, Total energy firms postpone drilling in E. Med -Earlier, ExxonMobil announced postponement of plans to drill in region until September 2021 05.05.2020 Upstream World Turkey
UAE shipped tons of jet fuel to Haftar militias: Report - Shipment of 'combat supplies' to eastern Libya 'violates' arms embargo 22.04.2020 Transportation/Fuel Oil Middle East-Africa
Eni stands with Italy against coronavirus - Eni launches series of initiatives to help local health facilities in areas it operates to combat COVID-19 08.04.2020 Electricity Europe
Oil around four-year lows with oversupply, coronavirus - Prices trading around lowest levels since February 2016 13.03.2020 Upstream Stock Market Eurasia Middle East-Africa
Brent oil down 5% with Saudi, UAE to ramp up output - Two countries could alone increase glut of supply in market by 3.6 million bpd 12.03.2020 Upstream Stock Market Middle East-Africa
UAE joins oil price war via plan to up output in April - Country's oil production set to reach 4 million barrels per day next month, with target planned of 5 million barrels per day 11.03.2020 Upstream International Relations Middle East-Africa
Eni profit falls 96% in 2019, revenue down 7% - Net profit of €148 million for full year of 2019 was down from approximately €4.13 billion in 2018 28.02.2020 Oil Lng/Lpg Energy Diplomacy Energy Projects
Eni announces new oil discovery offshore Mexico - According to preliminary estimates, Saasken discovery may contain between 200-300 million barrels of oil in place 18.02.2020 Oil Europe General
UAE finds 2.3 trillion cubic meters of new gas reserve - Discovery marks the second finding in three months 03.02.2020 Upstream Middle East-Africa
Turkey's oil imports up 45.7% in November 2019 - Production of oil refinery products increases by 62.3% to 3.07 million tonnes in November 2019 28.01.2020 Transportation/Fuel Oil Turkey
Turkey's fund to build $10B petchem & refinery facility - Refinery in Ceyhan will help reduce Turkey's current account deficit by $1.5 billion annually 03.12.2019 Invesments
Saudi Arabia becomes largest oil exporter to China - Chinese crude imports from kingdom soars 77% to 1.98 million barrels per day from 1.12 million barrels per day in Oct. 2018 26.11.2019 Transportation/Fuel Oil Asia Middle East-Africa
Big oil, gas find in UAE boosts ranking to 6th in world - Reserves include 7 billion barrels of oil, 1.64 trillion cubic meters of gas, lifting UAE up from 7th position globally 05.11.2019 Natural Gas Oil Middle East-Africa General
Oil posts mixed week amid refinery maintenance season - Refinery maintenance season keeps crude demand low, causes buildup in inventories and push prices down 18.10.2019 Refining/Petro Chemistry Stock Market International Organization Americas
House OKs measure to bar aid for Saudi's Yemen campaign - Measure bars support to and participation in Saudi-led campaign against Yemen's Houthi rebels 12.07.2019 Americas
US point person for Iran to visit Middle East allies - Special Representative Brian Hook to meet Saudi, Emirati, Omani and Bahraini officials before visiting Europe 20.06.2019 Americas Middle East-Africa General