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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 Pipeline
13-12-2023
More Than 30,000 Gallons of Gas Spill After Pipeline Leaks in Skagit Co.
State ecology workers estimate 30,000 gallons of gasoline leaked out of an Olympic Pipeline storage vault in Skagit County after a part failure this weekend.Early Sunday morning, Federal, State, and Local agencies responded to the gasoline spill near Moun
Oil Price
13-12-2023
India Bought Russian Oil at $84.2/Bbl in October, Highest Since December
A model of an oil pump and oil barrels jack is seen in front of Russian and Indian flags in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsThe average price of Russian oil delivered to top buy
LNG
13-12-2023
BP Challenges US Energy Regulator's Oversight of Venture Global LNG Plant
Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBP PLC (BP.L) has challenged U.S. energy regulators' approvals of a Venture Global LNG liquefied natural gas export facili
Oil & Gas Trade
13-12-2023
Shell to Boost Production at Perdido's Oil Project in Us Gulf of Mexico
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 Acquire Licensing RightsShell PLC (SHEL.L) on Tuesday said it has m
Oil Exploration
12-12-2023
Türkiye's Oil Production in Eastern Region Breaks Record With 30,000 Barrels per Day
ANKARATürkiye's daily oil production in the Gabar region of southeastern Sirnak province has reached 30,000 barrels, the country's state-owned oil company Turkish Petroleum (TPAO) announced on Monday.Record oil production at Gabar
LNG
12-12-2023
NNPC Teams up With Wison for Floating LNG Project in Nigeria
Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation (NNPC) for the development of a floating LNG project in Nigeria, targeting
LNG
12-12-2023
DSIC Progressing Construction of CMES' LNG Carriers
China’s Dalian Shipbuilding Industry Company (DSIC) is pressing on with the construction of 175,000 cubic meter LNG carriers ordered by compatriot China Merchants Energy Shipping (CMES).Courtesy of CCSOn December 8, DSIC said it had held a keel
Oil & Gas Trade
12-12-2023
Gunvor to Acquire BP's 75% Stake in Spanish Gas Power Plant
Energy trader Gunvor has agreed to acquire a 75% stake in 785 megawatt (MW) power plant in Bilbao, Spain, from BP (BP.L) gas marketing, a joint statement said on Monday.The facility will be the Geneva trader's first power plant acquisition. The de
Oil&Gas Drilling
12-12-2023
Frontera, CGX to See First Oil in Guyana by 2030, Seek Partners
Frontera Energy (FEC.TO) and CGX Energy (OYL.V) expect to make a final investment decision by 2026 on developing a promising Guyana offshore block, with first oil output potentially by 2030, executives from the companies said on Monday.The Frontera-CGX jo
Natural Gas
12-12-2023
Exclusive: Venezuela Prods BP, Chevron to Revive Gas Project Near Trinidad, Guyana
Venezuelan President Nicolas Maduro gestures as he attends an event at the National Electoral Council (CNE) after voters in a referendum rejected the International Court of Justice's (ICJ) jurisdiction over the country's territorial disput
Oil & Gas Trade
12-12-2023
Occidental Petroleum to Expand Permian Ops With $12 Billion Deal for Crownrock
The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOccidental Petroleum (OXY.N) on Monday agreed to b
LNG
12-12-2023
BP Challenges US Energy Regulator's Oversight of Venture Global LNG Plant
Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBP PLC (BP.L) has challenged U.S. energy regulators' approvals of a Venture Global LNG liquefied natural gas export facili
Oil & Gas Trade
11-12-2023
Germany's Mabanaft Buys Europe LPG Supplier Westfa
Mabanaft GMBH & Co. KG has signed a deal to acquire Westfa Energy GMBH, a distributor of liquefied petroleum gas (LPG) in several European countries.The all-stock purchase from Adeleon Familienholding GMBH is part of Mabanaft’s efforts to co
Oil & Gas Trade
11-12-2023
Saudi Aramco to Supply Full Oil Volumes to Some N.Asia Refiners in Jan 2024 -Sources
An employee rides a bicycle next to oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov//File Photo Acquire Licensing RightsSaudi Aramco (2222.SE) has notified at least three North Asian buyers that it w
LNG
11-12-2023
Papua New Guinea in Advanced Talks With Chinese Banks to Fund Its Stakes in LNG Megaprojects
Papua New Guinea's state-owned petroleum company is in advanced talks with Chinese banks to help fund its stakes in the two major liquefied natural gas (LNG) projects in the country, a senior executive said on Monday.Kumul Petroleum is holding tal
Offshore Wind Power
11-12-2023
Shell Eyes $6BN in Nigeria Offshore, Gas Investments
Oil giant Shell sees $6 billion in investment opportunities in Nigeria, especially in offshore, gas and liquefied natural gas (LNG) projects, the country’s presidency said in a statement on Friday.Nigeria, the continent’s top economy a
Oil&Gas Drilling
11-12-2023
Serbia Launches Interconnector to Gas Pipeline in Bulgaria
Serbia on Sunday completed the interconnector to a pipeline in Bulgaria which would allow the Balkan country to diversify its gas supplies and reduce its dependence on Russia.The launch of the interconnector will make operational the pipeline from the tow
Oil & Gas Trade
11-12-2023
Three Oil Firms Project N290bn Revenue in Q1 2024
Three oil and gas firms have projected a total of N290 billion in terms of revenue for the first quarter of 2024.These projections were stated in their earnings forecast filed with the Nigerian Exchange Limited.The firms, making the projections include Et
Coal Mine
11-12-2023
TMK All-in on Mongolian Coal Seam Gas Giant
TMK Energy’s Lucky Fox-1 well flaring gas. Credit: FileTMK Energy has assumed full ownership of the 8400-square-kilometre Gurvantes XXXV coal seam gas project in Mongolia, as three pilot wells flow gas to surface at rates as high as 13,000 stand
Oil Exploration
09-12-2023
Bangladesh Puts to Use China-Built Crude Oil Offloading Facility - Official
Bangladesh started in recent days a large crude oil receiving and offloading facility built by China that allows the south Asian oil importer to significantly reduce the cost of shipping in crude oil, a senior industry official told Reuters on Friday.The
Crude Oil
09-12-2023
Nigeria's Dangote Refinery Receives First Crude Cargo
A view of the newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. REUTERS/Temilade Adelaja/File Photo Acquire Licensing RightsThe Dangote oil refinery in Nigeria on Friday received its first cargo of 1 million barrel
Natural Gas
09-12-2023
Exclusive: Venezuela Prods BP, Chevron to Revive Gas Project Near Trinidad, Guyana
Venezuelan President Nicolas Maduro gestures as he attends an event at the National Electoral Council (CNE) after voters in a referendum rejected the International Court of Justice's (ICJ) jurisdiction over the country's territorial disput
Oil & Gas Trade
09-12-2023
US Seeks to Buy Up to 3 Million Barrels of Oil for Strategic Petroleum Reserve
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson Acquire Licensing RightsThe U.S. Department of Energy o
LNG
09-12-2023
Two Japan Energy Companies Seek US Approvals for Venture Global's CP2 LNG
Two Japanese energy companies, oil and gas producer Inpex Corp (1605.T) and power utility JERA, urged a U.S. energy regulator to give prompt approvals for Venture Global to begin construction on its CP2 LNG project in Louisiana.JERA's letter to th
United States
09-12-2023
U.S. LNG Developer Tellurian Ousts Co-founder Souki as Chairman
The logo of Tellurian Inc is seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai/File Photo Acquire Licensing RightsTellurian (TELL.A) ousted its chairman and co-founder Ch
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