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Oil & Gas
OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
Oil & Gas Trade
25-07-2024
Totalenergies Q2 Earnings Fall 6% on Weaker Refined Products and Gas Sales
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo Purchase Licensing RightsFrench oil major TotalEnergies (T
Crude Oil
24-07-2024
Oil Prices Rise as US Crude and Fuel Inventories Seen Shrinking
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/file photo Purchase Licensing RightsFalling U.S. crude inventories caused oil prices to rebound on Wednesday after several days of decline, while
Oil & Gas Trade
23-07-2024
Ocyan Bags $134M Petrobras Service Deal on Buzios Field
Brazilian offshore service provider Ocyan, part of US-based institutional investor EIG, has signed a contract with Petrobras reportedly worth around 750 million reais ($134m) for maintenance and maritime services in the Búzios field.The deal wi
Oil & Gas Trade
23-07-2024
Indonesia Seeks Russian Oil for the First Time in Years, Sources Say
A view of state-owned oil giant Pertamina's refinery unit IV in Cilacap, Central Java, Indonesia, January 13, 2016. REUTERS/Darren Whiteside/File Photo Purchase Licensing RightsIndonesian state-controlled refiner Pertamina has added Russian oil gr
Oil & Gas Trade
23-07-2024
Energean to Invest $1.2 Bln to Develop Israel Katlan Gas Project
A file photo of London-based Energean’s drill ship drilling at the Karish natural gas field offshore Israel in the east Mediterranean May 9, 2022. REUTERS/Ari Rabinovitch/File Photo Purchase Licensing RightsEnergean (ENOG.L), opens new tab will
LNG
23-07-2024
Freeport LNG in Texas Resumes Exports as Gas Processing Ramps Up
Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo Purchase Licensing RightsThe United States
Oil&Gas Drilling
23-07-2024
Equinor Picks Valaris for $500 Million Drilling in Brazil
The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo Purchase Licensing RightsEquinor (EQNR.OL), o
Oil & Gas Trade
23-07-2024
BP, PDVSA Rush to Complete Gas Deal Before Venezuela Election
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsBritish oil and gas
Oil Pipeline
23-07-2024
Canada’s Trans Mountain Pipeline Weighs Debt Deal Ahead of Potential Sale, Bloomberg News Reports
A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024. REUTERS/Jennifer Gauthier/File Photo Purchase Lic
Oil & Gas Trade
23-07-2024
Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsE
Oil Field
23-07-2024
Archrock to Buy Natgas Compression Firm TOPs for $983 Mln
Energy infrastructure company Archrock (AROC.N), opens new tab said on Monday it would buy contract gas compression services provider Total Operations and Production Services (TOPS) for about $983 million in cash and stock from Apollo Global Management fu
Oil & Gas Trade
23-07-2024
Totalenergies Texas Refinery Returns to Normal Operation, Sources Say
A view shows a logo of TotalEnergies at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo Purchase Licensing RightsTotalEnergies' (TTEF
Oil & Gas Trade
23-07-2024
Woodside Energy Sees 4% Jump in Estimated Cost for Scarborough Project
Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo Purchase Licensing RightsAustralian oil and gas giant Woodside Energy (WDS.AX
LNG
22-07-2024
Hudong-Zhonghua Hands Over ‘World’s First’ River-Sea 14,000 Cbm LNG Bunkering Ship
Chinese shipbuilder Hudong-Zhonghua has named and delivered the 14,000 cubic meter (cbm) LNG bunkering vessel custom developed and designed to be deployed on the Yangtze River.Courtesy of Hudong-ZhonghuaThe vessel was named Huaihe Nengyuan Qihang and deli
Oil&Gas Drilling
22-07-2024
UK-Based Company Wins Multiple Contracts for Deepwater Oil Field Project off Brazil
UK-headquartered AIS has secured multiple contracts to supply a comprehensive range of subsea ancillary solutions on a major deepwater oil field development located in the Santos Basin, off the coast of Brazil.Source: AISThe contracts are from several eng
Oil & Gas Trade
22-07-2024
‘British Gas Owner Set to Report Nearly £1BN in First-Half Profits’
British Gas owner Centrica is projected to report a record annual profit of £1.6 billion, with operating profit for the first six months of the year estimated at £997 million.This figure represents approximately 62% of the company&
Russian Federation
22-07-2024
Possible Construction of Oil Refinery in Cuba Involving Russian Companies Under Discussion - State Duma Deputy Speaker
The construction of an oil refinery in Cuba is being negotiated, the project could involve the largest Russian companies, State Duma Deputy Speaker Alexander Babakov said."The possible construction of a refinery has been discussed, and in this regard
Oil & Gas Supply
22-07-2024
Nigeria’s Dangote Says Refinery Will Hit 550,000-Bpd Output This Year
A view of the newly-commissioned Dangote petroleum refinery is pictured in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. REUTERS/Temilade Adelaja/File Photo Purchase Licensing RightsNigeria's Dangote refinery will hit production of 550,000 barrels per
Oil & Gas Trade
22-07-2024
Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsA
Oil & Gas Trade
20-07-2024
Shell and Exxonmobil JV Cuts a Deal With Canadian Firm to Give up Its North Sea Oil & Gas Business for $180 Million
Canada’s Tenaz Energy, a public energy company focused on the acquisition and development of international oil and gas assets, has set the stage to become the second largest operator in the Dutch sector of the North Sea (DNS) by acquiring all of
Oil&Gas Drilling
20-07-2024
UK Player Gets Its Hands on One of ‘Largest Remaining Oil Resources’ Offshore Scotland
The UK regulator North Sea Transition Authority (NSTA) has formally awarded a license containing three blocks situated off the coast of Scotland to Parkmead Group.Illustration; Source: Parkmead GroupLicence P2634, situated in the North Sea’s Out
LNG
20-07-2024
First Production Marks New Milestone at World’s ‘Fastest Large-Scale LNG Project’
U.S. energy infrastructure player New Fortress Energy (NFE) has celebrated the first liquefied natural gas (LNG) production from its floating LNG (FLNG) facility, which is made up of three repurposed jack-up rigs off the coast of Altamira, Mexico.Altamira
Oil&Gas Drilling
20-07-2024
US Drillers Add Oil and Gas Rigs for Second Time in Three Weeks, Baker Hughes Says
An offshore oil rig platform is photographed in Huntington Beach, California, U.S. July 4, 2024. REUTERS/Etienne Laurent/File Photo Purchase Licensing RightsU.S. energy firms this week added oil and natural gas rigs for the second time in three weeks, ene
Oil&Gas Drilling
20-07-2024
Bolivia’s YPFB to Invest $400 Million to Drill at Latest Natural Gas Discovery
The logo of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) is seen behind a worker at Mayaya Centro-X1, in Caranavi, Bolivia July 16, 2024. REUTERS/Claudia Morales/File Photo Purchase Licensing RightsBolivian state oil firm YPFB will spend
Oil & Gas Trade
20-07-2024
India ONGC to Pay Equinor $60 Mln for Stake in Caspian Sea Oil Assets
Cows graze next to an Oil and Natural Gas Corp's (ONGC) well in an oil field on the outskirts of Ahmedabad, India, September 8, 2016. Picture taken September 8, 2016. REUTERS/Amit Dave/File Photo Purchase Licensing RightsIndia ONGC Videsh has sign
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