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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
26-02-2024
Aramco Announces Big Gas, Condensate Find in Saudi Arabia
Saudi oil giant Aramco has announced that there has been a major jump in the volume of proven reserves of gas and condensate in its Jafurah unconventional field which has soared to 15 trillion standard cu ft of gas and two billion barrels of condensate.Wi
Oil&Gas Drilling
26-02-2024
Metamorphic Rock Oilfield in Bohai Sea Sees Cumulative Proven Reserves Over 200 Mln Cubic Meters
China's largest offshore crude oil and natural gas producer announced Sunday that the cumulative proven oil and gas reserves of its Bozhong 26-6 oilfield has exceeded 200 million cubic meters, making it the largest metamorphic rock oilfield worldw
LNG
26-02-2024
First LNG Vessel Arrives at New German Mukran Terminal
The first vessel carrying liquefied natural gas (LNG) for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.Private company Deutsche ReGas said that E
Oil&Gas Drilling
26-02-2024
At Saudi Aramco's Jafurah Field, Another 15 Trln Standard Cubic Feet of Gas Reserves Proven
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/ File Photo Purchase Licensing Rights, opens new tabCompaniesAn additional 15 trillion standard cubic feet of gas have been proven at Sau
Oil & Gas Trade
26-02-2024
Qatar Plans New Gas Output Boost Amid Global Price Collapse
Model of LNG tanker is seen in front of Qatar's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/File Photo Purchase Licensing RightsQatar will further raise gas production despite a steep drop in global gas prices, pushing ahead w
Oil & Gas Trade
26-02-2024
Bosnia's Serb Republic Plans to Increase Gas Imports From Russia, Report Says
President of Republika Srpska (Serb Republic) Milorad Dodik speaks during an interview with Reuters in his office in Banja Luka, Bosnia and Herzegovina January 8, 2024. REUTERS/Marko Djurica/File Photo Purchase Licensing RightsBosnia's Serb Republ
LNG
24-02-2024
Qatarenergy Reveals Name of First LNG Carrier in Its Massive Fleet Expansion Program
State-owned oil and gas giant QatarEnergy has revealed the name of the first LNG carrier to be delivered as part of its historic LNG fleet expansion program.Illustration only; Archive. Courtesy of QatarEnergyOn February 23, the company said it had named t
Gas Pipeline
24-02-2024
CCoE Approves Initial Phase of Iran-Pakistan Gas Pipeline Project
In a landmark development, the Cabinet Committee on Energy (CCoE) on Friday approved the initiation of work on the 80-km segment (Iranian border to Gwadar) of the Iran-Pakistan Gas Pipeline project, and deferred the filing of application
Oil & Gas Trade
24-02-2024
Japan's Bloated Gas Stocks Add to Worldwide Surplus
Liquefied natural gas (LNG) storage tanks and a membrane-type tanker are seen at Tokyo Electric Power Co.'s Futtsu Thermal Power Station in Futtsu, east of Tokyo February 20, 2013. REUTERS/Issei Kato Purchase Licensing RightsJapan’s gas
Oil & Gas Trade
24-02-2024
Exxonmobil Weighs Offers for Argentina Shale Assets - Source
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing RightsU.S. energy giant ExxonMobil Corp (XOM.N), opens new tab is weighing of
LNG
23-02-2024
Shell's LNG Trading Makes $2.4 Bln in Final 2023 Quarter, Sources Say
Staff members work at the booth of Royal Dutch Shell at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/ File Photo Purchase Licensing RightsNearly a third of Shell's (SHEL.L), ope
LNG
23-02-2024
Flex LNG secures two-year charter extension with BP
The New York and Olso-listed Flex LNG has won an extension for its 2019-built 173,400 cu m LNG carrier Flex Courageous.This is the first extension option for the vessel which, the company said, was contracted to an unnamed supermajor. According to data pr
LNG
23-02-2024
United States Primed to Spearhead Africa's Liquefied Natural Gas (LNG), Floating Liquefied Natural Gas (FlNG) Expansion
As Africa looks to develop its gas for domestic and export markets, the U.S. is honing in on LNG as a critical investment avenue, alongside traditional oil exploration. In October 2023, energy research and consultancy group Wood Mackenzie stated that Afri
LNG
23-02-2024
BOTAS and EGAS to Enhance Energy Relations, LNG in Spotlight
Turkish natural gas company BOTAŞ and Egyptian natural gas company EGAS have agreed to strengthen their energy relations, putting an emphasis on natural gas and LNG trading opportunities, cooperation on natural gas infrastructure and underground storage,
Oil & Gas Trade
23-02-2024
Cheniere Energy Forecasts Downbeat 2024 Profit as Natgas Prices Plunge
A tree decorates the lounge of Houston-based liquefied natural gas company Cheniere during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsU.S. liquefied natur
LNG
23-02-2024
US Regulators to Decide in April on Venture Global LNG Permit Extension
U.S. energy regulators on Friday said they would decide quickly on liquefied natural gas developer Venture Global LNG's request for a one-year extension to its construction permit for its Calcasieu Pass LNG plant in Louisiana.The LNG developer las
Oil & Gas Trade
23-02-2024
US Approves E15 Gasoline Sales Expansion in Midwest Starting 2025
A sign advertising E15, a gasoline that contains 15% ethanol, is seen at a gas station in Clive, Iowa, United States, May 17, 2015. REUTERS/Jim Young/File Photo Purchase Licensing RightsThe U.S. government said on Thursday it approved a request from Midwe
LNG
23-02-2024
Australia's Woodside Energy to Sell Stake in Scarborough to JERA for $1.4 Bln
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsW
Oil & Gas Trade
22-02-2024
Nigeria Issues Call for Deepwater Gas, Infrastructure Investment
Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetize its gas resources and become a leading LNG exporter to global markets. Its most notable project—the $5-billion Nigeria LNG Train 7 expansion—is set to boos
LNG
22-02-2024
EverloNG Wraps up First Carbon Capture Demo Onboard LNG Carrier
A ship-based carbon capture (SBCC) prototype developed under the EverLoNG project has been removed from an LNG-powered LNG carrier chartered by TotalEnergies following the end of the first demonstration campaign.The carbon capture unit, built by Carbotrea
Oil & Gas Trade
22-02-2024
Canada Secures Surrender of All Offshore Pacific Coast Oil and Gas Permits
Canada's Minister of Energy and Natural Resources Jonathan Wilkinson speaks during Question Period in the House of Commons, on Parliament Hill in Ottawa, Ontario, Canada September 19, 2023. REUTERS/Blair Gable Purchase Licensing RightsCanada has s
United States
22-02-2024
Totalenergies Texas Refinery Running at Minimal Rates, Say Sources
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
Oil&Gas Drilling
22-02-2024
Exxon Considering Guyana Offshore Gas Production After 2029
A man walks near Exxon Mobil Corp.'s headquarters in Georgetown, Guyana, June 29, 2023. REUTERS/Sabrina Valle Purchase Licensing RightsAn Exxon Mobil-led consortium is considering its first offshore natural gas production in Guyana, close to the c
Oil Field
21-02-2024
Energypathways Inks Deals to Advance Marram Field Development
EnergyPathways PLC (AIM:EPP) has signed up contractor MCS Subsea Solutions Limited and Mermaid Subsea Services (UK) which will provide their respective services as the AIM-quoted North Sea company advances its front end engineering design (FEED) for the M
Oil Price
21-02-2024
Russian Oil Producer Rosneft's Annual Profit Surges to $14 Billion
File photo: People walk past a logo of Russian state oil company Rosneft during a heavy snowfall in Moscow, Russia December 3, 2023. REUTERS/Maxim Shemetov/File photo Purchase Licensing RightsRussia's largest oil producer Rosneft (ROSN.MM), opens
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