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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
01-12-2023
ARC Resources to Supply BC, Alberta Natural Gas to US Markets via Cheniere Energy's Sabine Pass
ARC Resources’ Attachie natural gas processing plant, Phase 1, in Northeastern B.C., still under construction. Image from ARC Resources.ARC Resources Ltd. (TSX:ARX), a major natural gas producer in British Columbia, has inked a second agreement
Hydrogen Production
01-12-2023
Mitsubishi Power Completes 30% Hydrogen Co-firing Demo Using Grid-Connected Gas Turbine
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries (MHI), has conducted the world’s first power generation test on a large frame gas turbine using a fuel mixture of 30% hydrogen while connected to the local power grid and u
Oil&Gas Drilling
01-12-2023
Russia's Oil Loadings From Western Ports to Decline 6% In December - Sources, Reuters
A general view shows the Novorossiysk Fuel Oil Terminal (NMT) in the Black Sea port of Novorossiisk, Russia May 30, 2018. Picture taken May 30, 2018. REUTERS/Natalya Chumakova/File Photo Acquire Licensing RightsRussia's planned oil loadings from i
Solar Technology
01-12-2023
BP to Buy Remaining 50% In Solar JV Lightsource BP
Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsBP (BP.L) has agreed to take full ownership of Lightsource BP, buying the remaining 50% stake in its solar pow
Oil & Gas Trade
30-11-2023
Eni Inks Deal to Guarantee Swiss Gas Supply
The agreement aims to tap Swiss Transitgas transport infrastructure for gas flows from France to Italy through Switzerland to support Swiss supply security..Italy’s Eni SpA and Swiss company Open Energy Platform AG (Open EP) have signed an agree
Oil & Gas Trade
30-11-2023
OPEC+ Mulls New Oil Production Cuts of 1 Million Barrels a Day - WSJ
A view shows a pressure gauge near oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acquire Licensing RightsOPEC and its Russia-led allies are considering new oil production cuts of
Oil & Gas Supply
30-11-2023
Russia's Putin to Meet Rosneft CEO on Friday
Russian President Vladimir Putin meets with Chief Executive of oil producer Rosneft Igor Sechin at the Novo-Ogaryovo state residence outside Moscow, Russia February 15, 2021. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/File Photo Acquire Licensing Righ
Oil & Gas Supply
30-11-2023
Exclusive: Capital Power CEO Planning No Canadian Gas-Fired Plants Due to Trudeau's Regulations
Alberta's Capital Power is not planning to build new natural gas-fired power plants in Canada as Prime Minister Justin Trudeau's proposed electricity regulations to fight climate change make new investments in such facilities unviable, CEO
Oil & Gas Trade
30-11-2023
Elliott Takes $1 Bln Stake in US Oil Refiner Phillips 66, Urges Board Revamp
A general view of the Phillips 66 Company's Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, in Carson, California, U.S., March 11, 2022. Picture taken March 11, 2022. Picture taken
Oil Field
29-11-2023
Wood Secures Two-Year Contract Extension With Equinor
Wood has secured a two-year contract extension with Equinor UK Limited to support safe and reliable energy production at the Mariner field in the UK North Sea.Wood will continue to provide operations, maintenance, modifications and offshore services on th
Oil&Gas Drilling
29-11-2023
Italy's Saipem Wins Contracts in Brazil and Guyana Worth $1.9 Billion
A Saipem logo in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa's harbour, Italy, November 19, 2015. REUTERS/Alessandro Garofalo/File Photo Acquire Licensing RightsItalian energy engineering and infrastructure company Saipem (
Oil & Gas Trade
29-11-2023
Exclusive: Cambodia Scraps Coal Power Project to Build Gas-Fired Plant, Import LNG
Cambodia's national flags are seen as labourers work at a construction site in Phnom Penh, Cambodia, October 7, 2016. REUTERS/Samrang Pring/File Photo Acquire Licensing RightsCambodia has abandoned plans to build a $1.5 billion 700 megawatt (MW) c
Carbon Storage
29-11-2023
Alberta Unveils Carbon Capture and Storage Incentive to Help Decarbonization
Multiple refineries including the Kinder Morgan Edmonton Terminal, that produces petrochemicals, is seen near Edmonton, Alberta, Canada, October 7, 2021. REUTERS/Todd Korol/File Photo Acquire Licensing RightsCanada's main oil-producing province Al
Oil&Gas Drilling
29-11-2023
Shell Authorizes Engineering, Construction Work on Manatee Gas Field
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 PLC (SHEL.L) has authoriz
Oil&Gas Drilling
28-11-2023
Offshore Oil & Gas Exploration Heats up in Namibia as Galp Spuds Prospect While Chevron Seeks Green Light for Multi-Well Drilling Program
Portuguese oil and gas company Galp has kicked off drilling operations at a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries. On the other hand, the U.S. oil major Chevron is
Oil Price
28-11-2023
Oil Prices Rise on Weak Dollar, Expectations for OPEC+ Output Cuts
A person puts gas in a vehicle at a gas station in Manhattan, New York City, U.S., August 11, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing Right.Oil prices rose slightly on Tuesday due to a weak dollar, and expectations that the OPEC+ producer
Oil Field
28-11-2023
Environmentalists Ask Norway Court to Stop Three Oil and Gas Fields
Greenpeace activists demonstrate in front of the Norwegian oil and energy ministry in central Oslo, Norway June 24, 2021, a day after the country granted exploration oil licenses in the Arctic. The sign (L) reads "No to new oil". REUTERS/Gwladys
LNG
28-11-2023
Australia Pacific LNG Deliveries Disrupted Due to Tanker Outage
The logo of Australian energy company Origin is pictured in Melbourne, Australia, July 3, 2016. Picture taken July 3, 2016. REUTERS/Jason Reed/File Photo Acquire Licensing RightsOrigin Energy (ORG.AX) said on Tuesday it had reduced gas supply to the Austr
Oil & Gas Trade
28-11-2023
Shell's Prelude LNG Facility Expected to Resume Exports Next Month
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 almost finish
LNG
28-11-2023
Italy's Eni Wins $600 Mln Case Against Germany's Uniper
Uniper logo is displayed in this illustration taken September 5, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsUniper (UN01.DE) has to pay 550 million euros ($600 million) to Italy's Eni (ENI.MI), three trading sources s
LNG
28-11-2023
Delfin Signs 15-Year LNG Supply Agreement With Gunvor
Delfin Midstream Inc said on Monday it had entered into a long-term liquefied natural gas (LNG) supply agreement with global commodity trader Gunvor.Delfin said in a news release its LNG plant in Louisiana will supply between 500,000 to 1 million tonnes o
Oil & Gas Trade
27-11-2023
BP Enters Japan's Power Retail Market
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 PhotoBP said on Monday it has entered Japan
LNG
27-11-2023
Court Fines Germany's Uniper $600 Million Over LNG Contract Pricing
Uniper has to pay 550 million euros ($600 million) to a European supplier of liquefied natural gas, the German state-owned utility said on Sunday, citing a ruling by an arbitration court over a contract concluded prior to the group's spin-off in 2
Crude Oil
27-11-2023
China Raises Fuel Oil Import Quotas by 3 Mln Tons for Non-state Firms
China has issued an additional 3 million metric tons in fuel oil import quotas in 2023 for non-state firms, according to a notice released by the country's Ministry of Commerce on Monday.The additional quota takes the total for 2023 to 19.2 millio
Oil & Gas Supply
27-11-2023
Reggane Nord Gas Project, Algeria
Reggane Nord is an operational onshore natural gas project located in Algeria, around 1,500km from the capital of Algiers.The project is operated by the Groupement Reggane Nord (GRN), a consortium comprising Algeria’s national state-owned oil co
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