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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 Field
25-04-2024
Turkmenistan Invites Int'l Investors for Galkynysh Field Development Projects
Turkmenistan can offer international investors projects for the development of Turkmenistan's Galkynysh large gas field, Trend reports.This was stated by the Advisor to the President of Turkmenistan on oil and gas issues, Ashirguly Begliev, during
Oil Field
25-04-2024
Nigeria Puts Two Fields Into Production
Nigerian National Petroleum Co. Ltd. (NNPC) and its partners have started up the Madu field and returned the Awoba field online, adding a combined 32,000 barrels per day (bpd) to the West African country’s output capacity.Madu is expected to ave
Gas Turbine
25-04-2024
Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date
-- Plants in Rayong and Chonburi are Owned by Joint Venture Between Gulf Group and Mitsui & Co., Ltd., with Final Output of 5,300MW from Eight Systems --- Unit three of four of the Rayong power plant has been successfully delivered, with the eighth an
LNG
25-04-2024
Canada's LNG Energy Signs Venezuela Oil Contract
Under the agreement, LNG will have a contractual entitlement to between 50-56 per cent of the hydrocarbons production, the statement said. — Reuters picCanada-based LNG Energy Group announced on Wednesday it had signed an agreement with Venezuela&rsqu
LNG
25-04-2024
Japan Gas Association Expects Lng Prices to Rise, Tracking Oil, if Strait of Hormuz Blocked
Japan Gas Association members anticipate limited impact on their liquefied natural gas (LNG) procurement in the event of a blockade in the Strait of Hormuz, but expects gas prices would rise due to higher oil prices, its chairman said on Wednesday.Iran ha
Oil&Gas Drilling
25-04-2024
New Technology Helps US Shale Oil Industry Start to Rebuild Well Productivity
Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/ File photo Purchase Licensing RightsWhile overall output is at record levels, the amount of oil recovered per foot drilled in th
Coal Trade
25-04-2024
Pressure on Gas and LNG Prices to Help Switch From Coal, Says J.P. Morgan
An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo Purchase Licensing RightsGlobal natural gas prices will come under pressure through the e
LNG
25-04-2024
Exclusive: Russia Does Not Rule out LNG Exports Stagnating in Next 4 Years
The Nikolay Yevgenov, a ship carrying Russian liquefied natural gas (LNG), is seen next to the terminal of Spanish gas grid operator Enagas ENAG.MC at the port of Barcelona, Spain, June 4, 2022. REUTERS/Nacho Doce/File Photo Purchase Licensing RightsRussi
Oil & Gas Trade
25-04-2024
Hess Sets April 12 Record Date for Shareholder Vote on Chevron Merger
The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa/File Photo Purchase Licensing RightsHess Corp
Natural Gas
24-04-2024
Totalenergies and Vanguard Renewables, a Portfolio Company of Blackrock's Diversified Infrastructure Business, Join Forces to Develop Renewable Natural Gas in the United States
TotalEnergies, a global integrated energy company, and Vanguard Renewables, a U.S. leader in farm-based organics-to-renewable natural gas production and a portfolio company of a fund managed by BlackRock’s Diversified Infrastructure business, ha
Oil & Gas Trade
24-04-2024
Nigeria Eyes Fresh $10BN Investment in 0IL & Gas Sector
The Federal Government is aiming to attract about $10bn worth of investment through the signing of the consolidated guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector.The guidelines, a cornerstone of the Presidential Direc
LNG
24-04-2024
Equinor's Hammerfest LNG Plant Shuts Until Friday After Gas Leak
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's (E
Natural Gas
24-04-2024
Gazprom Says More Work Underway to Link Russia's Eastern, Western Gas Grids
A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo and Russian flag in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsKremlin-controlled energy giant Gazprom (GAZP.
LNG
24-04-2024
First Tanker in 12 Days Sets Sail From Freeport LNG in Texas
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 first tanker in 12 d
Oil & Gas Supply
23-04-2024
Ukrnafta Increases Reserves by 3 Mln Tonnes of Oil, 600 mcm of Gas
PJSC Ukrnafta has increased its reserves and resources by more than 3 million tonnes of oil and 600 million cubic meters of gas thanks to the expansion of the boundaries of existing special permits in Western Ukraine, company director Serhiy Koretsky said
Oil & Gas Supply
23-04-2024
Pakistan Refiners Warn $6 Bln Upgrades at Risk Due to Fuel Price Deregulation Plan
Pakistan's plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6 billion and force some refineries to close, some of the country's top refiners said in a letter to the country's oil regulator.L
Oil Field
23-04-2024
Namibia Racks up Another Major Offshore Oil Discovery
Galp saw its share price pop 20% on Monday.Galp says it conducted testing operations at the Mopane-1X well in January and the Mopane-2X well in March, with, "significant light oil columns discovered in high-quality reservoir sands.".The company
LNG
23-04-2024
Egypt to Ramp up LNG Imports as Output Drops and Summer Nears
Egypt is expected to ramp up liquefied natural gas (LNG) imports as its own natural gas production falls and power demand climbs over the summer period, according to industry sources and data.Returning to imports would reverse the most populous Arab count
Oil & Gas Trade
23-04-2024
Saudi Aramco in Talks to Buy 10% of China's Hengli Petrochemical
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/ File photo Purchase Licensing RightsSaudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in China's Hengl
Oil&Gas Drilling
23-04-2024
Russia's Gazprom Shut Dozens of Gas Wells in Orenburg Region Before Floods
A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo and Russian flag in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsA local unit of Russian energy giant Gazprom (
Oil Pipeline
23-04-2024
Canada's TC Energy Says NGTL Pipeline System Resumes Normal Operations After Fire
TC Energy's (TRP.TO), opens new tab NGTL gas pipeline system in the western Canadian province of Alberta has resumed normal operations after a rupture last week prompted the company to reduce pressure on a segment of the line, TC said in a stateme
Oil Pipeline
22-04-2024
€35 Million Balticconnector Gas Pipeline Repair Work Finished
Balticconnector repair work. Source: EleringThe repair work on the Finland-Estonia gas pipeline Balticconnector, which cost approximately €35 million, is now complete. However, there is no guarantee that a vessel could not damage the pipeline aga
LNG
22-04-2024
Türkiye to Receive Liquefied Natural Gas From Oman Regularly Starting in 2025
Türkiye is expected to buy Oman's liquefied natural gas (LNG), Trend reports via Oman Liquefied Natural Gas LLC (Oman LNG).Late last week, Turkish BOTAS Petroleum Pipeline Corporation signed a 10-year agreement with Oman LNG under which t
Oil Field
22-04-2024
Mari Petroleum Strikes Huge Oil and Gas Reserves in Sindh
In a landmark development for Pakistan's energy sector, Mari Petroleum has announced the discovery of substantial oil and gas reserves in Sindh, marking the first oil find in 47 years.The discovery, made at the Shawal-I well, heralds a significant
LNG
22-04-2024
South Korea Set to Deliver 500th LNG Ship to Overseas Market
Samsung Heavy Industries Co. Ltd. (SHI) is set to deliver a liquefied natural gas (LNG) vessel ordered by financial and asset management giant J.P. Morgan Chase & Co., South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has reported
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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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U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
