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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
07-04-2024
Pemex's Tupilco Profundo to Contribute 117 Mln Bbl to Mexico Output
Mexican state energy company Pemex plans to produce 116.9 million barrels of oil and 124.4 billion cubic feet of natural gas from the Tupilco Profundo field during its lifespan, the oil regulator said on Thursday.Tupilco Profundo is one of the biggest fin
Gas Pipeline
07-04-2024
Enbridge Wins Approval to Commence Service on Louisiana Venice Natgas Pipe Project
Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsCanadian energy company Enbridge's (ENB.TO), opens new tab Texas Eastern Transmission subsidiary rec
Oil & Gas Trade
07-04-2024
Proxy Advisor CGI Glass Lewis Recommends Woodside Energy Chairman's Ouster
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 RightsProxy advisor CGI Glass Lewis has asked shareholders
Gas Power Stations
07-04-2024
Japan's Mitsui OSK Starts FSRU Operations for Indonesian Gas-Fired Power Plant
The logo of Mitsui O.S.K. Lines is seen at the company's headquarters in Tokyo, Japan September 11, 2020. REUTERS/Kim Kyung-Hoon/File Photo Purchase Licensing RightsJapan's Mitsui O.S.K. Lines Ltd (9104.T), opens new tab (MOL) has started
Oil Pipeline
07-04-2024
China Invites Uganda's Energy Minister for Talks on Pipeline Financing
China has invited Uganda's energy minister to Beijing to discuss the East African country's $5 billion crude oil pipeline, Uganda's presidency said on Friday.The development could signal a possible breakthrough in Uganda's
LNG
07-04-2024
BASF Agrees 15-Year Gas Supply Deal with China's ENN
Chinese gas importer and distributor ENN Energy's logo is seen at Gastech 2023 in Singapore September 7, 2023. REUTERS/Florence Tan/File Photo Purchase Licensing RightsGerman chemicals giant BASF (BASFn.DE), opens new tab said on Friday it had agr
LNG
07-04-2024
Baker Hughes to supply liquefaction technology for Cedar LNG project
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/FILE PHOTO Purchase LicensingRightsOilfield services firm Baker Hughes (BKR.O), o
LNG
07-04-2024
Shell, Aramco in Final Stage of Pavilion Energy Talks- Sources
Shell (SHEL.L), opens new tab and Saudi Aramco (2222.SE), opens new tab, which are competing to buy the assets of Temasek-owned liquefied natural gas (LNG) trading firm Pavilion Energy, are now locked in price negotiations after completing the due diligen
Oil&Gas Drilling
07-04-2024
US Drillers Cut Oil and Gas Rigs for Third Week in a Row - Baker Hughes
An oil worker walks towards a drill rig after placing ground monitoring equipment in the vicinity of the underground horizontal drill in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant/File Photo Purchase Licensing RightsU.S. energy f
LNG
07-04-2024
Pembina Says Arc Resources Will Supply Natgas to Cedar LNG for Liquefication
(This April 4 story has been corrected to specify that ARC Resources will supply natural gas to Pembina's Cedar LNG project for liquefication, not that it will supply LNG to Pembina, in the headline)Pembina Pipeline (PPL.TO), opens new tab said on
Natural Gas
03-04-2024
S. Korean Firms Win $7.2 Bln Gas Plant Deal in Saudi Arabia
South Korean President Yoon Suk Yeol (Left) talks with Saudi Crown Prince Mohammed bin Salman (Right) at a guesthouse prior to their attendance at the annual Future Investment Initiative forum, dubbed "Davos in the Desert," at the King Abdul Azi
Oil&Gas Drilling
03-04-2024
China's Major Shale Gas Field Puts Into Operation 33 New Wells in Q1
The Fuling shale gas field in southwest China's Chongqing Municipality has put into operation 33 new wells in the first quarter of this year, up 50 percent from the previous year, according to the Fuling branch of Sinopec Jianghan Oilfield, the de
Oil&Gas Drilling
03-04-2024
Joint Venture of Venezuela's Pdvsa, Chevron Launches New Drilling Plan
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 RightsPetroindep
Oil & Gas Trade
03-04-2024
Haldia Petchem Plans $10 Bln Oil-To-Chemical Project in South India
The Chatterjee Group (TCG) is in talks with local and global companies to partner with its majority-owned petrochemical firm Haldia Petrochemicals Ltd (HPL) to build a more than $10 billion project in southern India, HPL's chief executive said.The
LNG
03-04-2024
Japan's Mitsubishi Invests in EIG's LNGCompany Midocean Energy
Japanese trading house Mitsubishi (8058.T), opens new tab has agreed to invest in MidOcean Energy, a liquefied natural gas (LNG) company owned by U.S. investment firm EIG, MidOcean said on Tuesday without giving details of the deal.The investment by Mitsu
Oil & Gas Trade
03-04-2024
Iran's Oil Exports Reached $35 Billion in Last 12 Months -Ilna
A general view shows a unit of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran November 19, 2015. REUTERS/Raheb Homavandi/TIMA Purchase Licensing RightsIran's oil exports reached $35.8 billion in the 12 months to end-March 2
Natural Gas
03-04-2024
Aramco Awards $7.7 Bln in Contracts for Fadhili Gas Expansion
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/File Photo Purchase Licensing RightsSaudi Aramco has awarded $7.7 billion in contracts to expand its Fadhili gas plant's processi
Oil & Gas Trade
03-04-2024
SLB to Buy Championx for $8 Billion in Growing Deal-Making in US Energy Sector
The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023./File Photo Purchase Licensing RightsTop oilfield services company
Oil Pipeline
03-04-2024
Trans Mountain to Finish Final Segment of Oil Pipeline Expansion in April, Filing Says
A pipe yard servicing government-owned oil pipeline operator Trans Mountain is seen in Kamloops, British Columbia, Canada June 7, 2021. REUTERS/Jennifer Gauthier Purchase Licensing Rights, opens new tabCompaniesTrans Mountain will finish building the fina
LNG
03-04-2024
Exclusive: Russia's Arctic LNG 2 Suspends Gas Liquefaction Amid Sanctions, Lack of Tankers, Sources Say
The logo of Russian gas producer Novatek is seen on a board during the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. Picture taken June 1, 2017. REUTERS/Sergei Karpukhin/File Photo Purchase Licensin
Oil & Gas Supply
03-04-2024
Exclusive: Mexico's Pemex to Cancel up to 436,000 Bpd of Crude Exports in April, Document Shows
Mexico's state energy company Pemex requested its trading unit to cancel up to 436,000 barrels per day of crude exports this month as it gets ready to process domestic oil at the new Dos Bocas refinery, an internal document seen by Reuters shows.P
Oil & Gas Supply
03-04-2024
Giant Kazakh Oil Field Operator Denies Spill Reports
The full moon rises in the background over an oil rig at the Kashagan offshore oil field in the Caspian sea in western Kazakhstan August 21, 2013. REUTERS/Stringer/File Photo Purchase Licensing RightsThe operator of Kazakhstan's giant offshore Kas
LNG
02-04-2024
Petronas Starts Construction of Third Floating LNG Facility
Malaysia’s national energy company Petronas has commenced construction of its third floating liquefied natural gas (FLNG) vessel, which is to be deployed at a nearshore location in Sabah, East Malaysia.Upon completion, the nearshore FLNG facilit
Oil Field
02-04-2024
Mozambique Awards Five Offshore Oil and Gas Blocks to CNOOC
The Mozambican government has approved the terms of five oil research and production concession contracts with the China National Offshore Oil Corporation (CNOOC) for offshore blocks in the Southern African country, according to reports.The agreement cove
Oil & Gas Trade
02-04-2024
Saudi Arabia May Hike May Crude Oil Prices to Asia
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo Purchase Licensing Rightstants.Top oil exporter Saudi Arabia may raise the official selling price (OSP) for flags
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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'
