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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
20-07-2024
Exclusive: Exxonmobil Selling Malaysia Oil and Gas Assets to Petronas, Sources Say
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.N), opens new tab has agreed to sell its Malays
Oil&Gas Drilling
19-07-2024
Türkiye to Explore Oil and Gas off Somalia Coast
Türkiye has signed a deal with Somalia for hydrocarbon exploration in three blocks in the Somalian offshore.On July 18, Energy and Natural Resources Minister Alparslan Bayraktar attended the signing ceremony for the Hydrocarbon Exploration and Pr
Oil&Gas Drilling
18-07-2024
US Oil & Gas Player Bags 41 New Gulf of Mexico Blocks Close to Existing Deepwater Discoveries as It Gears up for Appraisal Ops
U.S.-headquartered privately-owned exploration and production company LLOG Exploration has added 41 deepwater blocks to its list of assets in the Gulf of Mexico, where it plans to spud an appraisal well this quarter.Illustration; Source: LLOGThe acquisiti
Oil&Gas Drilling
18-07-2024
Egypt to Invest $1.2bn in Drilling 110 Exploratory Wells
Egypt is planning to drill 110 exploratory wells with a $1.2 billion investment in the fiscal year 2024/2025 to enhance the country’s oil and gas production capabilities, according to a top official.In a meeting with a parliamentary committee re
RNG
18-07-2024
Chesapeake Utilities Receives Approval for New Infrastructure to Support 3 RNG Projects in Florida
Chesapeake Utilities Corp. on July 16 announced that its subsidiary, Peninsula Pipeline Co., received approval from the Florida Public Service Commission for three projects that expand natural gas infrastructure to benefit customers of Florida City Gas (F
Oil & Gas Trade
18-07-2024
Iran to Receive 300 MCM of Russian Gas Daily
Iran will receive 300 million cubic metres of Russian gas daily, the official IRNA news agency reported Iran's oil minister Javad Owji as saying on Wednesday.Russian energy giant Gazprom signed a memorandum in June with the National Iranian Gas Co
Crude Oil
18-07-2024
Oil Prices Rise on Bigger-Than-Expected Drop in Us Crude Stocks
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsOil prices ticked higher on Thursday, buoyed by a bigger-than-expected weekly decl
Oil & Gas Trade
18-07-2024
Exxon's Joliet refinery units down for a week, plans for restart in late July, IIR says
The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsExxon Mobil's (XOM.N), opens new tab 251,800-barrel-per-day refin
Oil & Gas Trade
18-07-2024
US Imports of Canadian Crude Hits Record High Following Tmx Startup
A tanker truck used to haul oil products operates at an oil facility near Brooks, Alberta, Canada April 18, 2018. Picture taken April 18, 2018. REUTERS/Todd Korol/File Photo Purchase Licensing RightsU.S. imports of crude oil from Canada rose last week to
Gas Pipeline
17-07-2024
Kazakhstan Plans to Increase Gas Transit to Uzbekistan, Kyrgyzstan and China
Kazakhstan plans to increase the transit of Russian gas to Uzbekistan and Kyrgyzstan, as well as the transit of Turkmen and Uzbek gas to China this year, Vlast.kz reports, citing Minister of Energy of Kazakhstan Almasadam Satkaliyev."The transit of R
LNG
17-07-2024
Samsung Heavy Industries Books French Player for Work on Canada’s $4 Billion FLNG Project
France’s technological containment specialist Gaztransport & Technigaz (GTT) has picked up a new order from South Korea’s Samsung Heavy Industries (SHI) shipyard, which will enable it to provide the tank design of a new floating li
Oil & Gas Supply
17-07-2024
Totalenergies Says Oil Production to Hit High End of Q2 Guidance
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
17-07-2024
Energy Transfer, Sunoco Form Joint Venture of Permian Crude Businesses
File photo: Trading information for Sunoco is displayed on a screen where the stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 9, 2016. REUTERS/Brendan McDermid/File photo Purchase Licensing RightsU.S. pipelin
Crude Oil
17-07-2024
Exxon Shut Joliet, Illinois, Refinery After Power Outage
The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsExxon Mobil (XOM.N), opens new tab shut down its 251,800-barrel-per-day r
Gas Power Stations
16-07-2024
Kazakhstan to Build Four Gas Processing Plants
Photo credit: primeminister.kzAccording to the Minister of Energy of the Republic of Kazakhstan, Almassadam Satkaliyev, four gas processing plants are scheduled to be constructed between 2026 and 2030, Kazinform News Agency.The plants will be built using
Oil & Gas Trade
16-07-2024
Turkmenistan, Iran Agree to Swap Gas Supplies to Iraq
Turkmenistan and Iran have signed a contract to swap supplies of Turkmen gas for Iraq, Trend reports.According to the Ministry of Foreign Affairs of Turkmenistan, this agreement was reached during the ongoing negotiations on July 1–3, 2024, in A
Oil&Gas Drilling
16-07-2024
China’s CNOOC Reports Major Oil and Gas Breakthrough in Bohai Bay
The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo/File Photo Purchase Licensing Rights, opens new ta
Oil & Gas Trade
16-07-2024
India Raises Windfall Tax on Petroleum Crude
File photo: Storage tanks of an oil refinery of Essar Oil, which runs India's second biggest private sector refinery, are pictured in Vadinar in the western state of Gujarat, India, October 4, 2016. REUTERS/Amit Dave/File photo Purchase Licensing
Oil&Gas Drilling
16-07-2024
Exxon Plans to Drill up to 30 Wells for Its Seventh Oil Project in Guyana
The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.N), opens new tab plans to drill up to 30 wells as
Oil&Gas Drilling
16-07-2024
Bolivia Govt Announces Natural Gas “Mega Field” in Biggest Discovery Since 2005
Trucks with gas cylinders and a gasoline tank truck are seen next petrol plant of Senkata outskirts of La Paz, Bolivia, November 23, 2019. REUTERS/David Mercado/file photo Purchase Licensing RightsBolivian President Luis Arce on Monday announced the disco
LNG
15-07-2024
Honeywell Splashes Out $1.81 Billion on LNG Business to Boost Energy Transition Offering
U.S.-based technology firm Honeywell has agreed to acquire the liquefied natural gas (LNG) process technology and equipment business from compatriot industrial gases supplier Air Products to be able to provide end-to-end services for global customers.LNG
Oil & Gas Trade
15-07-2024
ADNOC Gas Awards $550 Million Contracts to Expand UAE Gas Infrastructure
Approximately 70% of contract value to flow back into the UAE economy through ADNOC’s In-Country Value programme.Image Credit: ADNOC GasUAE’s ADNOC Gas plc announced Monday that it has awarded engineering, procurement and construction
Oil & Gas Trade
15-07-2024
Indian State Refiners in Talks for Long-Term Oil Import Deal with Russia, Govt Source Says
A worker rides a bicycle at the Bharat Petroleum Corporation Ltd. refinery in Mumbai April 24, 2008. REUTERS/Punit Paranjpe/File Photo Purchase Licensing RightIndia's state-run refiners are jointly negotiating a long-term oil import deal with Russ
Oil&Gas Drilling
15-07-2024
UK Reverses Oil Drilling Permission, Drops Coal Mine Defence After Court Ruling
A Union Jack flag flutters in the wind near Big Ben and Parliament in Parliament Square in London, Britain, March 29, 2024 REUTERS/Kevin Coombs/File photo Purchase Licensing RightsBritain has reversed a decision to grant permission for an oil drilling ope
Oil & Gas Trade
15-07-2024
US Natgas Prices Fall 3% to Two-Month Low on Big Storage Build, Rising Output
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 RightsU.S. natural gas futures
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Most views from Oil & Gas
1
Top U.S. LNG Exports: China's Gas Demand Is Booming
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Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal
3
TC Energy Has Submitted Plan To Restart Keystone Oil Pipeline After Spill - Source
4
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
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Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
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Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says