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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 Drilling
17-06-2024
SUBSEA7 Awarded a Contract for the Bittern Field in the UK North Sea
Subsea7 S.A. has announced the award of a sizeable contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190 km east of Aberdeen in the UK Central North Sea, at a water depth of 90 m.Subsea7 S.A. has announ
Oil & Gas Supply
17-06-2024
Report: Russia Overtook US as Gas Supplier to Europe in May
A view shows gas wells at Bovanenkovo gas field owned by Gazprom on the Arctic Yamal peninsula, Russia. (File photo: Reuters)Europe’s gas imports from Russia overtook supplies from the US for the first time in almost two years in May, despite th
Oil & Gas Trade
17-06-2024
US Ready to Reopen Oil Stockpile if Petrol Prices Surge Again, FT Reports
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo Purchase Licensing RightsThe Biden administration is ready to release more oi
Oil & Gas Trade
17-06-2024
UK's Sound Energy PLC Sells Moroccan Gas Assets to Managem
UK gas company Sound Energy PLC (SOU.L), opens new tab sold its subsidiary, Sound Energy Morocco East Limited, to Morocco's largest mining company, Managem, the two companies said on Friday.The transaction amounts to $45.2 million in total, Sound
Oil Field
16-06-2024
Iran to Sign Contracts Worth $2 BN Over Developing Oil Fields
TEHRAN, Jun. 16 (MNA) – CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr says that Iran is scheduled to sign over %2 billion worth of contracts to develop oil fields.Agreements would signed for the development of Changuleh an
Gas Power Stations
14-06-2024
Iltekno Installs First Gas Engine-Powered Cogeneration System in Uzbekistan
The project used a TCG 2032 genset that has 4,500 kilowatt electricity output.Turkish engineering, procurement, and construction contractor Iltekno announced it has built a cogeneration power plant based on gas engines in Uzbekistan.It was in 2019 when Il
Oil & Gas Trade
14-06-2024
Nextdecade, Saudi Aramco Sign 20-Year LNG Supply Deal
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Purchase Licensing RightsU.S. liquefied natural gas (LNG) provider NextDecade (NEXT.O), opens new tab has signed a non-binding ag
Oil & Gas Supply
14-06-2024
Russia's Oil Output Exceeded OPEC+ Quotas in May, Pledges to Meet Obligations
A view shows 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 Photo Purchase Licensing RightsRussia's energy ministry said on Thursday that its oil produc
LNG
14-06-2024
Ukraine Agrees on First LNG Supply Deal with US Company Venture Global
Model of LNG tanker and a rising stock graph is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsUkraine signed on Thursday its first liquefied natural gas (LNG) deal with a U.S. company to
Oil&Gas Drilling
13-06-2024
Woodside's Sangomar Project Produces First Oil in Senegal
Senegal's Sangomar oil and gas field has produced its first oil, operator Woodside Energy (WDS.AX), opens new tab said on Tuesday, turning the West African nation into the world's newest oil producer.It marks the start of a new era for the
LNG
13-06-2024
ADNOC Awards $5.5 Bln of Contracts for Ruwais LNG Plant
Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo Purchase Licensing RightsState-owned Abu Dhabi National Oil Company (ADNOC) has awarded contracts wort
Oil Pipeline
13-06-2024
Trans Mountain Pipeline Running 80% Full, to Load 22 Oil Tankers in Vancouver
Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, as seen from Cates Park in North Vancouver, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo Purchase
Oil & Gas Trade
12-06-2024
Wood to Deliver Engineering Contract With Totalenergies in Iraq
Wood will provide front-end engineering design (FEED), detailed design, procurement support, and construction and commissioning assistance for the first phase of the Associated Gas Upstream Project, part of the Gas Growth Integrated Project (GGIP) in Sout
LNG
12-06-2024
Nigeria's NNPC signs floating LNG deal with Golar LNG
Nigeria's state firm NNPC has signed an agreement with Golar LNG (GLNG.O), opens new tab to deploy a floating liquefied natural gas (LNG) vessel off the coast of its oil-rich Niger Delta, NNPC said on Tuesday.Nigeria, Africa's top oil prod
Oil&Gas Drilling
11-06-2024
Woodside Starts Production in Senegal's First Offshore Oil Development
The first phase of development involves production of up to 100,000 bpd.Woodside Energy Group Ltd. said Tuesday it has achieved maiden production in the Sangomar field, making it the first offshore petroleum development to go onstream in Senegal.Located 1
Oil & Gas Trade
11-06-2024
Algeria's Sonatrach, China's Sinopec Sign MoU to Expand Cooperation - Statement
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 25, 2019. Picture taken November 25, 2019. REUTERS/Ramzi Boudina/File Photo Purchase Licensing RightsAlgeria's state oil and gas firm Sonat
Oil & Gas Trade
11-06-2024
Malaysia Begins Diesel Subsidy Reforms, Prices to Rise by About 50% on Monday
A view of Kuala Lumpur's skyline in Malaysia May 30, 2023. REUTERS/Hasnoor Hussain/File Photo Purchase Licensing RightsDiesel fuel prices in much of Malaysia are set to rise by roughly 50% on Monday as the government begins shifting away from cost
Oil&Gas Drilling
07-06-2024
Jadestone Nears First Gas at Indonesian Gas Development
Jadestone chief executive Paul Blakeley.Photo: JADESTONE ENERGYAsia Pacific-focused independent Jadestone Energy is on the home straight for its Akatara gas development project onshore Indonesia.The Akatara gas processing facility is nearing mechanical co
Oil & Gas Trade
07-06-2024
Sinopec Unit Agrees $1.1 Bln Deal to Build Gas Pipelines for Saudi Aramco
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsA Sinopec service unit
Oil & Gas Trade
07-06-2024
Azerbaijan in Talks to Increase Kazakh Oil Transit to 5-7 Mln T
Azerbaijan and Kazakhstan are discussing increasing the transit of Kazakh oil through Azerbaijan to 5-7 million tonnes, an official at Azerbaijan's state-owned oil company SOCAR said on Thursday.Kazakhstan is trying to reduce reliance on Russia wi
Oil & Gas Trade
07-06-2024
Norway Eyes Faster Ramp-up of Gas Export to Britain on Friday
Flames blaze from a chimney at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo Purchase Licensing RightsThe resumption on Friday of Norwegian gas exports to
Oil&Gas Drilling
07-06-2024
China's CNOOC Reports Major Gas Breakthrough in South China Sea
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 RightsCNOOC Ltd (088
Gas Power Stations
06-06-2024
Mitsubishi Shipbuilding Receives Additional Order for 2 Units of LNG Fuel Gas Supply System (FGSS)
- Follows previous orders for 18 FGSS for car carriers and bulk carriers built by Imabari Shipbuilding Group- FGSS units to contribute to decarbonization of the marine environment, 2 car carriers equipped with high-pressure systems already entered into se
Oil&Gas Drilling
06-06-2024
KNOC to Drill Deepwater Wildcat Offshore South Korea in Area Touted to Have Multi-Billion Boe Potential
South Korean President Yoon Suk Yeol.Photo: AP/SCANPIXThe South Korean government has tasked state-run Korea National Oil Corporation (KNOC) with drilling a rare domestic offshore exploration well after studies highlighted the potential for as much as 14
LNG
06-06-2024
Samsung Is Preparing to Start Work on a Second LNG Platform for Mozambique
Samsung Heavy Industries (SHI) is eager to begin construction on a second floating platform for the production of liquified natural gas (LNG) in the Rovuma Basin, off the northern coast of Mozambique, according to reports.The floating platform will have a
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Top U.S. LNG Exports: China's Gas Demand Is Booming
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TC Energy Has Submitted Plan To Restart Keystone Oil Pipeline After Spill - Source
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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
