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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
Crude Oil
27-11-2023
Nigeria Lost 3,000 Barrels of Crude to Offshore Spill – Nosdra
About 3,000 barrels of crude oil were lost to the November 15 oil spill from the offshore Egina Floating Production Storage and Offloading (FPSO) vessel of TotalEnergies.The FPSO located 130 kilometres off the Atlantic coastline from Port Harcourt has cap
Oil & Gas Supply
27-11-2023
Fed Gov securing gas for domestic supply
The Federal Government has announced that two new enforceable commitments have been secured to supply more gas to the east domestic gas market, with other commitments in the works.The new commitments total up to 300PJ of gas to 2030, and close to 140 PJ t
Oil & Gas Trade
27-11-2023
Sri Lanka to Ok Sinopec's $4.5 Bln Refinery Proposal on Monday -Minister
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsSri Lanka will likely ap
Oil & Gas Trade
27-11-2023
Workers Strike at Shell's Mossmorran and St Fergus Energy Plants
British union Unite on Monday said around 150 Kaefer contractors employed at Shell (LON:RDSa)'s Mossmorran and St Fergus energy plants have started a week-long strike action in a dispute over cost of living pay.Unite said contracts will their end stri
Australia
27-11-2023
Senex, APLNG Sign On to Meet Big East Coast Gas Demand
Two Brisbane based gas companies have signed commitments to deliver more gas to the domestic market.APLNG has signed on with the Federal Government to boost gas supply (Photo: APLNG)Senex, which is now partly owned by Gina Rinehart and the APLNG coal seam
Oil&Gas Drilling
25-11-2023
Canada Oil, Gas Producers to Drill 8% More Wells in 2024 -Industry Group
An oil pump jack pumps oil in a field near Calgary, Alberta, July 21, 2014. REUTERS/Todd Korol/File Photo Acquire Licensing RightsCanadian oil and gas producers will drill 8% more wells in 2024 to take advantage of greater access to pipelines, with the Tr
Oil & Gas Trade
25-11-2023
Brazil's Petrobras Plans to 'Revitalize' Company With $102 Bln Investment
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsBrazil's state-run oil company Petrobras laid out its 202
LNG
24-11-2023
LNG-Fuelled Panamax Coal Carrier Commences Operation
Mitsui O.S.K. Lines, Ltd. (MOL) and Kyushu Electric Power Co., Inc. (Kyuden) have announced that a Panamax coal carrier, which uses low environmental impact LNG as its main fuel, was delivered and started operation on 14 November 2023.In a naming and deli
Oil & Gas Trade
24-11-2023
Angola’s latest oil and gas tenders net 53 bids
Photo courtesy of Energy Capital & PowerAngola received 53 bids in a tender round for the exploitation of oil and gas deposits at 12 blocks in the Lower Congo and Kwanza Basins, according to reports.The National Oil, Gas and Biofuels Agency (ANPG) rep
LNG
24-11-2023
Germany Builds up LNG Import Terminals
Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCzech utility CEZ (CEZP.PR) has booked 2 billion cubic metres (bcm) of annual capacity at a yet-to-be build land-based
Oil & Gas Trade
24-11-2023
Brazil's Petrobras to Invest $102 Billion in Next Five Years
Jean Paul Prates, CEO of Brazil's state-run oil company Petrobras, speaks during a news conference at the Petrobras headquarters in Rio de Janeiro, Brazil March 2, 2023. REUTERS/Pilar Olivares/File Photo Acquire Licensing RightsBrazil's Pe
LNG
23-11-2023
Jakóbik: Poland's Second Fsru Project
A FSRU in Lithuania. Photo By Bartłomiej Sawicki/BiznesAlert.plPoles gave the Czechs a once-over when it comes to the construction of the second floating LNG terminal. The Czechs bolted, so only one unit will be procured. It is criticized by Greenpeace de
Oil Price
23-11-2023
China Oil Demand Growth Poised to Slow to Around 4% In H1 2024 -Analysts
Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File Photo Acquire Licensing RightsChina's oil demand growth is likely to ease in the first half of 2024 to around 4%, according to consul
Oil Price
23-11-2023
Oil Down More Than 1% As Uncertainty Swirls Over Delayed OPEC+ Meeting
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/File Photo Acquire Licensing RightsOil prices fell by more than 1% on Thursday, exte
Oil & Gas Technology
23-11-2023
Capital Power acquires two natgas-fired power plants in U.S. for $1.1 bln (Nov. 20)
Canadian energy company Capital Power (CPX.TO) said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona for a net cost of $1.1 billion.Capital, like some of its rivals, is aiming to increase its powe
Oil & Gas Trade
23-11-2023
Qatarenergy Is Beneficiary of $570 Mln Ruling Against Endesa - Sources
The logo of Spanish power company Endesa tops it headquarters in Madrid, Spain, April 27, 2022. REUTERS/Susana Vera/File Photo Acquire Licensing RightsQatarEnergy is the company to which Spanish power utility Endesa (ELE.MC) will have to pay $570 million
Oil&Gas Drilling
23-11-2023
Brazil Agency to Rule if Petrobras Can Drill Near Amazon Mouth by Early 2024
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsBrazil's environment protection agency Ibama is expected
Oil & Gas Supply
23-11-2023
Venezuela Producing 850,000 Bpd of Oil, Hopes to Recover Market Share in US
Workers stand in front of a drilling rig at an oil well operated by Venezuela's state oil company PDVSA in Morichal July 28, 2011. REUTERS/Carlos Garcia Rawlins/File Photo Acquire Licensing RightsVenezuela is currently producing some 850,000 barre
Oil & Gas Trade
22-11-2023
Nigeria, Germany Seal $500M Gas, Renewable Energy Deal
The Nigerian government and that of Germany have entered into a bilateral agreement that would see both countries exchanging gas and renewable energy resources.Speaking in Berlin, Germany, on Tuesday, at the 10th German-Nigerian Business Forum, President
Natural Gas
21-11-2023
Exclusive: Venezuela Close to Approving Offshore Gas License With Trinidad, Shell
The installations of liquified natural gas producer Atlantic LNG are pictured in Point Fortin, Trinidad and Tobago, December 10, 2022. REUTERS/Andrea De Silva/File Photo Acquire Licensing RightsVenezuela is close to approving a license for Shell (SHEL.L)
LNG
21-11-2023
Capital Power Acquires Two Lng-Fired Power Plants in u.s. For $1.1 Bln
Canadian energy company Capital Power (CPX.TO) said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona for a net cost of $1.1 billion.Capital, like some of its rivals, is aiming to increase its powe
Oil & Gas Trade
20-11-2023
Turkmenistan Ready to Expand Swap Gas Supplies via Iran
Turkmenistan’s Foreign Minister Rashid Meredov during the Turkmen-Iranian business forum held in Ashgabat stated that Turkmenistan is ready to significantly increase the volume of swap gas supplies through Iran, Azernews reports. At present, joi
Natural Gas
20-11-2023
Bio Capital Announces Historic, First Renewable Gas Injection for Northern Ireland
In a first for Northern Ireland, Granville Eco Park, Dungannon, a Bio Capital Group company, has started injecting renewable biomethane into the local gas network.Having installed a £1.2m gas to grid system at its existing anaerobic digestor, Bi
Natural Gas
20-11-2023
Saudi Announces New Natural Gas Discoveries in Empty Quarter, Eastern Province
Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsSaudi Aramco (2223.SE) has discovered two new natural gas fields in the Empty Quarter region, the state
Oil & Gas Trade
18-11-2023
Russia Lifts Gasoline Export Ban - Energy Ministry
Liberia-flagged Aframax tanker Suvorovsky Prospect discharges fuel oil from Russia at the Matanzas terminal, in Matanzas, Cuba, July 16, 2022. REUTERS/Alexandre Meneghini/File Photo Acquire Licensing RightsRussia has lifted restrictions on gasoline export
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