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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
26-01-2024
Bankrupt oil trader Lord Energy sues UAE and ADNOC in $2.8 bln fraud claim
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 Acquire Licensing RightsBankrupt oil firm Lord Energy and its owner Hazim Nada are suing the United Ar
Oil and Gas Equipment
25-01-2024
KMG, Croatia's Jadranski Naftovod d.d. Sign MoU
On the threshold of the 1st meeting of the Kazakhstan-Croatia Intergovernmental Commission for Economic Cooperation, Deputy Chairman of the Board of KazMunayGas Bulat Zakirov and CEO of Jadranski naftovod d.d. (JANAF) Stepan Adanic signed a memorandum of
Oil&Gas Drilling
25-01-2024
Russian Black Sea Oil Refinery Fire Extinguished
Smoke and flames rise after a fire broke out at a large oil refinery in Tuapse, Russia in this screengrab obtained from a social media video released on January 25, 2024. Video Obtained by Reuters/via REUTERS Acquire Licensing RightsA fire at a Rosneft-ow
Oil & Gas Trade
25-01-2024
Italian Gas Grid Operator Snam to Invest 11.5 Bln Euros by 2027
Italy's Snam (SRG.MI), opens new tab will invest 11.5 billion euros ($12.5 billion) by 2027, 15% more than in its previous business plan, the gas network operator said on Thursday.In its new strategy, the state-controlled group will focus on the c
LNG
25-01-2024
Biden Set to Withhold Approval of LNG Terminals in Gulf of Mexico
The New York Times reported on January 24, 2024 that the Biden administration appears ready to delay and/or deny permits for new LNG terminals in the Gulf of Mexico. The White House is directing the Energy Department to expand its evaluation of the projec
LNG
25-01-2024
Qingdao Beihai Hands Over Final LNG-Powered Bulker to H-Line
Chinese shipbuilder Qingdao Beihai Shipbuilding, part of China State Shipbuilding Corporation, has delivered the third 210,000-ton LNG dual-fuel bulk carrier to South Korea’s H-Line Shipping.Image credit: Qingdao Beihai ShipbuildingThe Newcastle
Oil & Gas Trade
25-01-2024
Chevron's Duvernay Sale Seen Attracting Mid-Sized Canadian Shale Operators
A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsAs Chevron Corp (CVX.N), opens new tab markets its Duvernay shale assets, the U.S. oil major is most likely to find a buye
LNG
25-01-2024
White House Pauses Decision on Louisiana LNG Export Terminal -New York Times
Snow covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland March 18, 2014. REUTERS/Gary Cameron/File Photo Acquire Licensing RightsThe Biden administration is delaying a decision on a Louisiana
Oil & Gas Supply
25-01-2024
Parkland Temporarily Shuts Down Burnaby Refinery in Western Canada
Workers on site at Parkland Fuel's refinery in Burnaby, British Columbia, Canada February 17, 2021. Picture taken February 17, 2021. REUTERS/Jennifer Gauthier/File Photo Acquire Licensing RightsParkland Corp (PKI.TO), opens new tab has temporarily
Oil & Gas Supply
24-01-2024
Water Supply Restored to Totalenergies Texas Oil Refinery - Sources
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier//File Photo Acquire Licensing RightsWater supply was restored to Tota
Oil & Gas Trade
24-01-2024
BP Seestrinidaddeepwater Gas Project Getting Greenlight Assoonas 2025
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Acquire Licensing RightsBP (BP.L), opens new tab expect
Oil & Gas Trade
24-01-2024
Petronas Seeks Fiscal Incentives to Developsurinamegas Project
The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Li
Oil & Gas Trade
24-01-2024
India to Become Main Driver of Incremental Oil Use by 2030: Kemp
India's petroleum consumption climbed to a new record last year and the country is on course to overtake China as the primary driver of incremental oil consumption before 2030.Urbanisation, industrialisation and the growth of the middle class are
Oil Price
24-01-2024
Oil Prices Settle Down Slightly on More Supply in US and Abroad
An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/File Photo Acquire Licensing Rights.Oil prices settled lower on Tuesday as traders focused on rebo
Natural Gas
24-01-2024
Woodside Energy Signals Higher Production;Santosmerger Talks Still at Early Stage
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 Acquire Licensing RightsAu
LNG
23-01-2024
Russia's Novatek on Track to Complete 2nd Train of Arctic LNG 2 in 2024
Novatek’s Belokamenka construction yard near Murmansk. (Source: Novatek)The final module for the 2nd production line of Russian gas producer Novatek’s Arctic LNG 2 project, departed from China last week. In February the company will in
Natural Gas
23-01-2024
Trinidad in Talks With Europe to Supply Venezuelan Gas
Trinidad and Tobago's Prime Minister Keith Rowley speaks during the Leaders' Second Plenary Session during the Ninth Summit of the Americas in Los Angeles, California, U.S., June 10, 2022. REUTERS/Lauren Justice/File Photo Acquire Licensin
Oil Price
23-01-2024
Oil Rises 2% on Supply Disruptions in Russia, U.S.
The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann Acquire Licensing RightsOil prices rose about 2% on Monday on concerns over global energy supplies followin
Oil & Gas Trade
23-01-2024
Exxon Louisiana Refinery Gasoline, Diesel Units Shut for Work -Sources
The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. Standard & Poor's Ratings Services said on April 26, 2016, it had cut Exxon Mobil Corp's corporate
Oil & Gas Trade
23-01-2024
UAE's ADNOC Sells More Fuel Oil From Ruwais Refinery in January -Traders, Data
UAE's Abu Dhabi National Oil Company (ADNOC.UL) has sold more straight-run fuel oil (SRFO) from its Ruwais refinery complex this month via private sales, according to trade sources and ship-tracking data.The higher sales emerged because of mainten
Natural Gas
22-01-2024
Totalenergies' Giant Natural Gas Field in North Sea on Track to Come Online This Spring
With finishing touches underway, France’s TotalEnergies and its partners in the Danish Underground Consortium (DUC) are getting ready to bring on stream the Tyra II redevelopment project in the Danish sector of the North Sea in March 2024. This
Oil Field
22-01-2024
Aberdeen Uni Study Raises Concerns Over Gas Field Hydrogen Storage
An Aberdeen University-led study exploring the use of a depleted gas field in Scotland to store hydrogen has raised concerns about the future viability of similar projects.The research concluded the Cousland gas field in Midlothian fails to meet the crite
Oil & Gas Trade
22-01-2024
Petrobras Board Member Resigns From Brazilian Oil Giant
Petrobras board member Efrain Pereira da Cruz resigned from his position at Brazil’s state-controlled oil company last week, according to two people with knowledge of the situation who requested anonymity because the move has not been publicly a
Oil & Gas Trade
22-01-2024
Libya Says Production Has Resumed at Its Largest Oilfield After More Than 2-Week Hiatus
Libya’s state-owned oil company resumed production at the country’s largest oilfield Sunday, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages.The National Oil Corp. said in a terse statement
Crude Oil
22-01-2024
Russia Passed Saudi Arabia as Biggest Supplier of Crude Oil to China in 2023
Data released from China on Saturday showed that Russia became China’s top crude oil supplier in 2023, exporting far more than other major oil exporters such as Saudi Arabia.China is the world’s biggest crude importer.Chinese customs p
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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'
