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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
LNG
21-12-2023
Woodside Energy to Supply LNG to Pilbara Minerals Unit
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 Acquire Licensing RightsWoodside Ener
Natural Gas
20-12-2023
Belarus Saves 5.8bn Cubic Meters of Natural Gas Thanks to Nuclear Plant So Far
The Belarusian nuclear power plant (BelNPP) made it possible to replace 5.8 billion cubic meters of natural gas, Belarusian Energy Minister Viktor Karankevich said at a press conference in BelTA's press center.This year, the second unit of the BelNPP
LNG
20-12-2023
ADNOC Secures 15-Year LNG Supply Contract From Singapore's ENN LNG
The contract with ENN LNG signifies a major win for ADNOC, securing as it does future supplies from the new Al Ruwais facility.Image Credit: Afra Al Nofeli/Gulf NewsDubai: ADNOC has won a 15-year LNG supply contract from Singapore’s ENN LNG, tot
Oil&Gas Drilling
20-12-2023
Mubadala Energy Announces Major Gas Discovery in South Andaman
United Arab Emirates' Mubadala Energy said it discovered a major deep sea gas reserve in Indonesia's South Andaman Block, which analysts said is the world's second-largest deep water discovery this year.Through Layaran-1 exploratio
LNG
20-12-2023
Delta, NNPCL, UTM Partner on Nigeria's First Floating LNG
The Delta State Government, Nigerian National Petroleum Company Limited (NNPCL), and the UTM Offshore Limited, yesterday, signed a Shareholders’ Agreement for the development of first Floating Liquefied Natural Gas (FLNG) in the country.With the
LNG
20-12-2023
New Stade LNG Jetty Opens Doors for Independent Energy Supply in Germany
Only 330 days after starting construction, Germany’s seaport company Niedersachsen Ports has handed over a new landing pier for floating storage and regasification units (FSRUs) in Stade to the state of Lower Saxony.Niedersachsen PortsThe constr
Oil & Gas Trade
20-12-2023
Slovakia Wins EU OK on Russian Oil-Based Products Sales to Czech Republic
A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acquire Licensing RightsThe European Union has granted Slovakia a one-year extension on exporting fuels produced from
Crude Oil
20-12-2023
US Buys 2 Million Barrels of Oil for Strategic Petroleum Reserve
The U.S. bought 2.1 million barrels of crude oil, the Energy Department said on Tuesday, to help replenish the Strategic Petroleum Reserve (SPR) after the largest sale in history last year.The department said it bought the oil, for delivery in February, f
Oil & Gas Trade
20-12-2023
Gazprom's 2023 Group Core Earnings Set to Drop Almost 40%
A view shows Gazprom's Amur Gas Processing Plant near the town of Svobodny in the Amur Region, Russia September 13, 2023. Sputnik/Mikhail Metzel/Pool via REUTERS/File Photo Acquire Licensing RightsRussian natural gas giant Gazprom (GAZP.MM) said o
Natural Gas
20-12-2023
COP29 Climate Summit Host Azerbaijan Touts Country's Gas Potential
A general view shows an embankment of the Caspian Sea in Baku, Azerbaijan, June 23, 2016. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsAfter winning a fraught bid to host next year's United Nations climate talks in Baku, a senior Azer
Oil & Gas Trade
20-12-2023
Germany's Sefe, Norway's Equinor Strike $55 Billion Gas Supply Deal
Equinor logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsGerman state-owned energy firm Sefe secured a 50 billion euro ($55 billion) gas deal with Norway's Equinor (EQNR.OL) th
Oil & Gas Supply
20-12-2023
Texas Grid Over Relies on Natural Gas to Restore Power After Blackouts -Study
Energy crews work on electric line repairs after ice storms and freezing rain in the South left thousands without power and turned roadways into ice rinks during an extreme cold weather period, in San Antonio, Texas, U.S., February 2, 2023. REUTERS/Kaylee
Oil & Gas Trade
20-12-2023
Shell Greenlights 15th Us Gulf of Mexico Oil Platform
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James Acquire Licensing RightsShell PLC (SHEL.L) and Equinor ASA (EQNR.OL) on Tuesday greenlit a 90,000 barrels per day (bpd) oil and gas platform in
Oil&Gas Drilling
19-12-2023
Significant Gas Discovery at Layaran-1, Indonesia
Harbour Energy plc is pleased to note operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20 per cent), offshore North Sumatra, Indonesia.Layaran-1 is the fir
LNG
19-12-2023
BUA Group to Build 700 Tons per Day Mini LNG Project, Signs Agreement With CIMC Enric in Partnership With Axxela Group
BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, has signed an agreement with CIMC ENRIC, a global leader in the energy equipment industry, in partnership with Axxela, to establish a 700-ton-per-day
Oil and Gas Equipment
19-12-2023
China's Largest Gas Storage Facility Creates Daily Extraction Record
China's largest gas storage facility Hutubi extracted a record 38 million cubic meters of natural gas on Saturday, as part of efforts to increase gas production to cope with the strong cold wave enveloping the country.The volume is 5 million cubic
LNG
19-12-2023
Shell's Prelude LNG Facility Resumes Operations -Sources
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsShell (SHEL.L) has resumed opera
Oil & Gas Trade
19-12-2023
Totalenergies Pledges $6 Billion in Nigeria Oil, Gas Investments
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 Acquire Licensing
Oil&Gas Drilling
19-12-2023
Venezuela's PDVSA, Spain's Repsol Agree to Expand Oil Joint Venture
Venezuela's Oil Minister Pedro Tellechea and Francisco Gea, Repsol’s executive managing director of Exploration and Production show an agreement signed amending the original terms of a project in the country, aiming to revive its crude a
Oil&Gas Drilling
19-12-2023
El Salvador Announces Reforms to Boost Oil, Gas Exploration
El Salvador's state energy authorities announced on Monday that legal reforms to boost oil and gas exploration have been presented to lawmakers for approval.The measures aim to lure investment and modernize the sector's legal framework in
Oil & Gas Trade
19-12-2023
Imperial Oil Sees Higher Upstream Production for 2024
The Imperial Strathcona Refinery which produces petrochemicals is seen near Edmonton, Alberta, Canada, October 7, 2021. REUTERS/Todd Korol Acquire Licensing RightsCanadian refiner Imperial Oil (IMO.TO) forecast 2024 upstream production between 420,000 and
Oil & Gas Trade
18-12-2023
Russia Considering Increase of Oil Supply to Uzbekistan
TASHKENT, Uzbekistan, December 18. Russia is working on the possibility of increasing exports of oil and petroleum products to Uzbekistan, Deputy Prime Minister Denis Manturov said, Trend reports.The remark was made during the meeting of the intergovernme
Oil&Gas Drilling
18-12-2023
Australia's Santos Receives Drilling Approval for $4.3 Bln Barossa Gas Project
Australian oil and gas major Santos (STO.AX) said on Monday it had received approval for a revised drilling plan at its $4.3 billion Barossa gas project, although the fate of a pipeline to take gas to shore remains locked in a legal dispute.Santos was for
Oil & Gas Trade
18-12-2023
McPhy Energy: McPhy Awarded a Major Contract in the Field of Green Hydrogen Pipeline Supply With HMS Oil & Gas in Germany
A strategic project for HMS with a total of 64 MW implemented in 2 stepsSupply of four McLyzer 3200-30 to HMS Oil & Gas division in Germany, which will be operated as part of a major tie-in point for the hydrogen grid at the Radeland Compression stati
Oil&Gas Drilling
18-12-2023
Equinor to Obtain Shell Stake, Operatorship of Linnorm in NCS
Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc's 30 percent equity in PL 255.Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc’s
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