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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
Singapore
18-12-2023
EBY defends BC's LNG and coal exports
BC Premier David Eby: ‘Until we find ways to produce steel without [metallurgical coal], it is a good product to be exported from British Columbia.’ Photo via BC government.However serious the B.C. government may be about cutting carbo
LNG
18-12-2023
Vietnam PM Awards Licence to Tokyo Gas, Partners to Build LNG Plant
Minh Chinh granted an investment license to a consortium comprising Tokyo Gas, Kyuden International, and Truong Thanh Group to construct a USD1.99 billion (MYR9.35 billion) liquid natural gas (LNG)-fired power plant in the northern province of Thai Binh d
Oil&Gas Drilling
18-12-2023
Odfjell Technology Firms up Two-Year Deal With Serica Energy
Odfjell Technology, a spinoff of Odfjell Drilling that specialises in offshore operations, well service technology, and engineering solutions, has been awarded a two–year contract extension with Serica Energy.The extension will see the Oslo-list
Oil & Gas Trade
18-12-2023
Russia Eyes Additional Oil Export Cuts of About 50,000 Bpd in December - Novak Says
A pump jack is seen at the Ashalchinskoye oil field owned by Russia's oil producer Tatneft near Almetyevsk, in the Republic of Tatarstan, Russia, July 27, 2017. REUTERS/Sergei Karpukhin/File Photo Acquire Licensing RightsRussia said on Sunday it w
Japan
16-12-2023
Tokyo Gas Unit Buys US Natgas Producer Rockcliff Energy for $2.7 Billion
A natural gas pipeline, and the logos of Tokyo Gas and Rockcliff Energy are seen in this illustration taken January 4, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoA unit of Tokyo Gas has bought Texas-based natural gas producer Rockcliff Energy from pr
LNG
16-12-2023
Gunvor Closes €400 Million Loan to Secure LNG Supplies for Italian Industry
Geneva-based energy trading firm Gunvor Group has closed a €400 million loan to support the Italian industry by securing natural gas and LNG supplies while promoting the export of Italy’s goods and services.Illustration only. Image: Gun
Oil&Gas Drilling
16-12-2023
US Drillers Cut Oil and Gas Rigs for First Time in Five Weeks - Baker Hughes
An oil worker drives a forklift truck towards a drill rig after placing some ground monitoring equipment in the vicinity of the underground horizontal drill in Loving County, Texas, U.S. November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mo
Oil and Gas Equipment
15-12-2023
Czech Power Firm Acquires Gas Transportation Infrastructure
State-owned Czech Transmission System Operator has completed the acquisition of NET4GAS Holdings.State-owned Czech Transmission System Operator (ČEPS) has completed the acquisition of NET4GAS Holdings, s.r.o, which holds the exclusive license for natural
Oil&Gas Drilling
15-12-2023
ADX to Test Giant Welchau Gas in Austrian Reservoir
Clearing of ADX Energy’s Welchau-1 well pad. Credit: FileADX Energy has broken ground in Austria in preparation for maiden drilling of the giant Welchau gas prospect in Upper Austria, which has a best technical prospective resource estimate of 8
Oil & Gas Trade
15-12-2023
Equinor Buys Shell's Stake in the Linnorm Gas Discovery
Equinor's logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNorway's Equinor said on Thursday it has agreed to buy Shell's (SHEL.L) stake in the Linno
Oil & Gas Trade
15-12-2023
South Africa Seeks Bids for 7,615 MW of New Power Generation
South Africa on Thursday launched three bidding rounds for 7,615 megawatts (MW) of new power generation from renewable energy, natural gas and battery storage, part of efforts to overcome record power outages crippling economic output.The Department of Mi
Coal-Fired Power Plants
15-12-2023
US Awards up to $890 Million to Carbon Capture Projects at Gas, Coal Plants
Natural gas and coal plants in Texas, California and North Dakota will share up to $890 million in U.S. funding for projects to demonstrate the viability of carbon capture technologies, the U.S. Energy Department said on Thursday.Carbon capture and storag
Oil Pipeline
15-12-2023
BP Restarts Pipeline After Gasoline Spill in Washington State-Source
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//File Photo Acquire Licensing RightsBP (BP.L) has resta
LNG
15-12-2023
Freeport LNG Settles With US EPA Over Safety Failures for June 2022 Texas Blast
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 Acquire Licensing RightsFreeport LNG, which opera
Oil&Gas Drilling
14-12-2023
Kunnar Pasakhi Deep Field in Pakistan Restarts Productio
Oil & Gas Development Co. Ltd. (OGDCL) has revived production at the Kunnar Pasakhi Deep field with the reinjection of six wells.The field onshore Sindh province is currently producing 1,600 barrels per day (bpd) of condensate, 107 million cubic feet
Natural Gas
14-12-2023
Large Natural Gas Production Area Set Up in SW China
The annual output of natural gas of Petro China Southwest Oil & Gasfield Company in Sichuan Province exceeded 40 billion cubic meters at 9 a.m. on Thursday, establishing a large natural gas production area in southwest China.The quantity of natural ga
LNG
14-12-2023
Germany's Sefe Seeks US Approval for Venture Global's CP2 LNG Project
Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsThe German state-owned Securing Energy for Europe GmbH (SEFE) has become the third company to seek approval from the U.
LNG
14-12-2023
Wärtsilä to Extend Existing Biogas Plant to Produce 45 Tons of Biolng per Day
Technology group Wärtsilä will supply, install, commission and start-up the biogas upgrading and liquefaction units for a Swedish bioLNG plant. The new plant is an extension of an existing biomethane and bioLNG plant supplied earlier by
LNG
14-12-2023
LNG Canada Project in Kitimat to Begin Startup in 2024
Oil & Gas Trade
14-12-2023
Exclusive: Gas Producer EQT Seeks to Sell $3 Bln Portfolio -Sources
U.S. natural gas producer EQT Corp (EQT.N) is exploring a sale of a portfolio of minority stakes in wells in Pennsylvania's Marcellus shale formation, which could be worth more than $3 billion, people familiar with the matter said on Wednesday.EQT
Oil & Gas Trade
14-12-2023
Venezuela's PDVSA, Chevron Request 15-Year Extension for Two Joint Ventures
A unit of Venezuela's state oil company PDVSA and U.S. oil major Chevron (CVX.N) have requested a 15-year extension for two of their joint ventures from the country's oil ministry, the deputy minister Erick Perez said on Wednesday.PDVSA an
Oil & Gas Trade
13-12-2023
Azerbaijan Increases Gas Exports - Energy Minister
Azerbaijan exported 22.05 billion cubic meters of natural gas from January through November 2023, which is 9 percent more than the indicator of the same period of 2022, said Minister of Energy of Azerbaijan Parviz Shahbazov on X (Twitter), Trend reports.A
Oil&Gas Drilling
13-12-2023
Norway Oil and Gas Investments Set to Soar in 2024, Industry Says
Equinor's flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsOil and gas companies operating in Norway are expected to invest 240 billion Norwegian crowns ($21.85 billion) in 2024, up from 220.5 bil
LNG
13-12-2023
European LNG Heavyweight Ties up With Chinese Yards to Optimise FLNG Engineering
French membrane containment systems technology company GTT and China’s leading shipbuilding group China State Shipbuilding Corporation (CSSC) have agreed to cooperate on the optimisation of engineering of floating liquefied natural gas (FLNG) ve
Natural Gas
13-12-2023
Hawaiian Electric to Convert Waiau Power Plant to Biodiesel, Renewable Gas
Hawaiian Electric on Dec. 11 announced its proposal to replace six aging fossil-fuel generators at its Waiau Power Plant with more efficient flex-fuel units that can be fueled with biodiesel, renewable gas or hydrogen will advance to the next phase of an
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Most views from Oil & Gas
1
Top U.S. LNG Exports: China's Gas Demand Is Booming
2
Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal
3
TC Energy Has Submitted Plan To Restart Keystone Oil Pipeline After Spill - Source
4
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
5
Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
6
U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
