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OPEC
OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period
LNG
15-07-2024
Japan Builds Gas Markets in Asia to Boost LNG Trading, Energy Security
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo Purchase Licensing RightsJapanese companies foreseeing a growing surplus in stocks of liquefied
Oil Field
15-07-2024
Kuwait Announces ‘Giant’ Oil Discovery
Kuwait Petroleum Corporation (KPC) said on Sunday it had made a "giant" oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil reserves estimated at 3.2 billion barrels.KPC's CEO Sheikh Nawaf Saud Nasir Al
LNG
13-07-2024
ViệT Nam and Russia Deepen Collaboration in LNG and Nuclear Energy
LIQUID GAS: The Thị Vải LNG terminal is based in Phũ Mỹ Town of Bà Rịa Vũng Tàu Province. Russian President Vladimir Putin recently highlighted Russia's capability to both produce LNG in Việt Nam and supply it to the country.
LNG
12-07-2024
MISC Lines up Deal for LNG Carrier Newbuilds in South Korea
Malaysia’s top shipping line, MISC, has set out to order more LNG ships, with newbuilding slots reportedly reserved in South Korea.South Korean shipbuilding sources have linked Samsung Heavy Industries and MISC to a letter of intent for two 174,
Oil & Gas Trade
12-07-2024
ADNOC to Use AI-Driven Well-Control Solution at Offshore NASR Field
ADNOC has deployed RoboWell in its operations at the offshore NASR field. (Credit: ADNOC)ADNOC has deployed RoboWell, AIQ’s pioneering artificial intelligence (AI) autonomous well-control solution, in its operations at the offshore NASR field. T
Oil & Gas Trade
11-07-2024
EIA Sees Electricity Demand, Gas Prices Impacting US Fuel Mix This Year
US natural gas storage tanks. Credit: Anton Zubchevskyi via Shutterstock.Just-released forecasts from the US’s Energy Information Administration has predicted that in H2 2024, the country will produce more electricity from renewables and coal, w
Oil & Gas Trade
11-07-2024
Vietnam’s Gas Project Bags $832M in Japanese Loans
The Japan Bank for International Cooperation (JBIC) has signed financing deals worth $832m for the development of the Block B gas field that will be connected to thermal power facilities in the southwest area of Vietnam.In a statement, JBIC said it signed
Crude Oil
11-07-2024
Oil Prices Tick up as Crude, Gasoline Inventories Ease
FILE PHOTO: A view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo11 Jul 2024 08:39AMOil prices edged
LNG
11-07-2024
Australia’s Woodside Energy Inks Deal to Supply LNG to Taiwan
FILE PHOTO: 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 PhotoAustralia's Woodside Energy has signed a deal with Taiwane
Oil & Gas Trade
10-07-2024
Largest Maine Natural Gas Provider Acquiring Second-Largest Supplier
Unitil Corp., the largest provider of natural gas in Maine, on July 9 said it has a deal to purchase Bangor Natural Gas Co., which has been the state’s No. 2 provider of the fuel.The Maine Public Utilities Commission, which still must approve th
Oil & Gas Trade
09-07-2024
Shell Awards Wood Prelude FlNG EPC Contract
Wood has won a six-year contract to provide brownfield engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia.Wood CEO Ken Gilmartin said LNG
Gas Pipeline
08-07-2024
Iran to Build Gas Pipeline in Turkmenistan
Iranian companies will build a new gas pipeline with a length of 125 kilometers and three gas compressor stations on the territory of Turkmenistan, which are necessary to supply additional volumes of gas to Iran.Turkmenistan and Iran held negotiations on
Oil&Gas Drilling
08-07-2024
Totalenergies Books Shelf Drilling Rig for Work up to August 2026
TotalEnergies EP Denmark, a subsidiary of France’s TotalEnergies, has handed out a long-term deal to a jack-up rig owned by Shelf Drilling, an offshore drilling contractor. This rig has worked for the French oil major since October 2022 and will
LNG
08-07-2024
LNG Project Forging Ahead as Canada Gives Its Blessing
The government of Canada has greenlighted a project aiming to build a dock to supply trans-oceanic vessels with liquefied natural gas (LNG) at the Port of Vancouver.Illustration; Source: Tilbury PacificThe Tilbury Marine Jetty (TMJ), managed by Tilbury Je
LNG
08-07-2024
Ocean Yield's Foray Into LNG to Add $840 Million to Its Backlog
Norwegian shipowner Ocean Yield has revealed its intention to buy an interest in France’s Geogas LNG from infrastructure fund CVC DIF, which marks its first acquisition in the liquefied natural gas (LNG) segment.Illustration; Source: Ocean Yield
LNG
08-07-2024
20-Year FLNG Gig in South America Opening Doors to LNG Exporters' Club for Argentina
Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG has sealed a deal with Pan American Energy (PAE), a Latin American integrated energy company, for a multi-year use of a floating LNG (FLNG) vessel,
Oil & Gas Trade
06-07-2024
Petroleum Firms Announce $5 Billion Investment in Pakistan
A delegation of domestic and foreign petroleum and gas exploration and production companies met with Prime Minister Shehbaz Sharif in Islamabad, leading to them announcing a substantial investment of $5 billion in Pakistan over the next three years.The pr
LNG
06-07-2024
Slim's Grupo Carso Inks Deal to Partner With Pemex on Lakach Natural Gas Project
The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Purchase Licensing RightsGrupo Carso, the Mexican holding company controlled by the family of M
Oil&Gas Drilling
05-07-2024
After Huge Investment, Totalenergies 'Ditching' SA Offshore Gas Finds for Namibia Coast
Growing concern is being reported about the future of domestic investment by foreign oil companies, with the blame squarely placed on government.Bloomberg News reports that TotalEnergies plans to exit its discoveries of gas-condensate offshore South Afric
LNG
04-07-2024
Eva Inaugurates First LNG Service Station in Peru
Energia de Valor Ambiental (EVA) has inaugurated the first liquefied natural gas (LNG) service station in Peru.The station is located at Mala in the province of Canete, next to the key country-connecting South Pan-American Highway. EVA was created by Lima
Oil & Gas Trade
04-07-2024
Aramco, ADNOC Reportedly Weighing Bids for Australia's Santos, but Analysts Sceptical
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Purchase Licensing RightsSaudi Aramco (2223.SE), opens new tab and Abu Dhabi National Oil Company (ADNOC) have been separately co
RNG
04-07-2024
Chesapeake Utilities Subsidiary Completes First Rng Injections From Full Circle Dairy Facility in Florida
Chesapeake Utilities Corporation on June 26 announced the first injections of renewable natural gas (RNG) at its Radio Avenue injection point in Yulee, Florida, from the Company’s RNG facility at Full Circle Dairy in Madison County. FPU Renewabl
Oil&Gas Drilling
04-07-2024
China's Sinopec Strikes Large Oil, Gas Flow at South China Sea Well
China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea, it said on Wednesday.The well, Hai-3, a rare slanted well with a drilling depth of 4,600 meters (2.86 miles), test
Oil Field
03-07-2024
Beacon Fires up US Offshore Oil Project
Kosmos Energy chief executive Andrew Inglish.Photo: KOSMOS ENERGYUS independent Beacon Offshore Energy has started oil production from its fast-tracked Winterfell project in the Green Canyon area of the US Gulf of Mexico from two development wells that we
Oil & Gas Trade
03-07-2024
Totalenergies to Exit Gas Field Offshore South Africa in Blow to Country
The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Purchase Licensin
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