Page 8 - Tom Kool News Today

Shell said on Tuesday that it had halted a unit at Europe’s largest oil refinery, Pernis in Rotterdam, due to a leak

Russian crude oil export data in recent weeks have not reflected any cuts and OPEC+ allies are increasingly frustrated with Moscows lack of transparency

U.S. natural gas stockpiles gained 110 billion cubic feet for the week ended May 26, putting more downward pressure on prices

While Russia is busy trying to re-route exports to Asian consumers, Europe has ramped up gas imports from Azerbaijan

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Despite the OPEC+ output cuts coming into effect on May 1st, crude oil exports in Saudi Arabia and Russia have remained strong in the first quarter of 2023, and aren’t expected to decline significantly this summer

Norway’s energy major Equinor this week officially reopened the Njord gas field in the Norwegian Sea, aiming to more than double the field’s production and raise Norwegian gas exports to Europe

Mild spring weather with low gas demand combined with pipeline maintenance to drag spot natural gas prices at the Waha hub in West Texas into negative territory this week

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Russian crude shipments have continued to rise over the past four weeks, despite Russia’s insistence that it is cutting oil production by 500,000 bpd and even more.