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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
Natural Gas
17-11-2023
Seplat to Build a $250 Million Gas Plant in Sapele, Delta State
The Director of New Energy at Seplat PLC, Mr. Effiong Okon has disclosed plans of the company to build a new $250 million gas in Sapele, Delta state as part of the ongoing investment in the downstream sector of the oil and gas industry.Mr. Effiong disclos
Crude Oil
17-11-2023
China's Zpc Resells Some Abu Dhabi Term Crude in Q1 2024
China's Zhejiang Petroleum and Chemical Corp (ZPC) has sold some of its term crude supplies from Abu Dhabi National Oil Company (ADNOC) in the first quarter next year in a rare move by a refiner, four market sources said on Thursday.The sales come
Oil & Gas Trade
17-11-2023
Energy Transfer Inks Non-binding Deal to Supply Crude to France's Totalenergies
A view shows a logo of TotalEnergies at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsU.S. pipeline operator Energy
Oil & Gas Trade
17-11-2023
German Gas Trading Hub to Sell Up to 37 Twh of Gas From Storage
Germany's gas market trading hub, Trading Hub Europe (THE), is planning to start selling the first volumes of gas stored under a government mandate agreed in 2022, when it was tasked with ensuring sufficient supplies as flows from Russia dwindled.
Oil Field
16-11-2023
9,423 Meters: China Opens Asia's Deepest Oil and Gas Well
The Yuejin 3-3XC well of Sinopec in Tarim Basin, northwest China's Xinjiang Uygur Autonomous Region, November 15, 2023. /CMGChina's petrochemical giant Sinopec has completed a 9,432-meter-deep oil and gas well, setting a new record for the
Oil & Gas Trade
16-11-2023
Serbia Signs Gas Supply Deal With Azerbaijan
Serbia signed a deal with Azerbaijan to purchase 400 million cubic metres of natural gas per year from 2024, Azerbaijan's energy ministry said on Tuesday.Serbia, which is almost fully dependent on Russian gas supplies, has long planned to purchase
Oil & Gas Trade
16-11-2023
Venezuela's PDVSA Offers Corocoro Crude Cargo Through Intermediary -Sources
The logo of the Venezuelan state oil company PDVSA is seen at a gas station in Caracas, Venezuela August 10, 2016. REUTERS/Marco Bello/File Photo Acquire Licensing RightsVenezuela's state-run oil company PDVSA is offering to sell up to 1 million b
Oil&Gas Drilling
16-11-2023
US Appeals Court Scraps Sempra's Port Arthur LNG Emissions Permit
Electric power transmission pylon miniatures and Sempra Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsA U.S. court has removed an emissions permit for Sempra's
Crude Oil
15-11-2023
CNOOC Begins Production at First Phase of Bozhong 19-6 Gas Condensate Field
Men walk past a sign of China National Offshore Oil Corp (CNOOC) outside its headquarters in Beijing, China March 8, 2021. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsChina's CNOOC (0883.HK), has begun production at the first phase of
LNG
15-11-2023
Egypt Expected to Resume LNG Exports in December or January - Eni Exec
The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi/File Photo Acquire Licensing RightsEgypt is expected to resume exports of liquefied natural gas (LNG) in December or January as d
Oil & Gas Trade
15-11-2023
Aramco Produces First Unconventional Gas at South Ghawar
Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsSaudi Arabia's oil giant Aramco said on Tuesday it produced the first tight gas at South Ghawar,
Coal Production
15-11-2023
Glencore's $9 Bln Bet on Coking Coal's Role in Green Transition
Teck Resources sign is on display during the company's annual general meeting in Vancouver, British Columbia, Canada, April 22, 2010. REUTERS/Lyle Stafford/File Photo//File Photo Acquire Licensing RightsA Glencore-led (GLEN.L) consortium deal to b
Oil & Gas Trade
15-11-2023
Chevron Says Natgas Flow Resumes Through Israel-Egypt Pipeline
British Secretary of State for International Trade Kemi Badenoch walks outside Number 10 Downing Street, in London, Britain November 8, 2022. REUTERS/Toby Melville/File photo Acquire Licensing RightsChevron (CVX.N) said on Tuesday that natural gas flows t
LNG
15-11-2023
Snam to Invest 1 Bln Euros in Ravenna Offshore LNG Terminal
Italian gas group Snam logo is seen outside their office in Rome, Italy, June 4, 2020. REUTERS/Guglielmo Mangiapane/File Photo Acquire Licensing RightsItalian gas grid operator Snam (SRG.MI) will invest a total of 1 billion euros ($1.1 billion) in a new l
LNG
14-11-2023
Capital Product Partners Adds 11 New LNG Carriers in $3.1 Billion Deal
Vessel owner Capital Product Partners (CPLP.O) said on Monday it has acquired 11 newly built LNG carriers from Capital Maritime for $3.1 billion, opting for more fuel-efficient engine propulsions as part of the global energy transition.Shipping companies
Oil & Gas Trade
14-11-2023
Chevron Resumes Natural Gas Supply From Israel's Tamar Offshore Field
Chevron logo is seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsChevron (CVX.N) said on Monday it had resumed the supply of natural gas from the offshore Tamar field, a month after it w
Oil&Gas Drilling
13-11-2023
ONGC to Start Oil Production From $5BN Deep-Water Project This Month
State-controlled Oil and Natural Gas Corporation (ONGC) will kick off oil production from its much-delayed flagship deepsea project in Krishna Godavari basin in Bay of Bengal this month, helping reverse years of decline in output, a senior company officia
Oil&Gas Drilling
13-11-2023
Australia's Red Sky Cleared to Start Up Killanoola Oil
Australian oil and gas explorer Red Sky Energy has received approval from the South Australian state government to start production at its DW-1 well, part of the Killanoola oil project in the onshore Otway basin.Red Sky signed an agreement with Australian
LNG
13-11-2023
Uptick in LNG demand in Asia, europe insufficient to drive prices: Russell
Rising demand for liquefied natural gas (LNG) in the top importing regions of Asia and Europe hasn't been enough to spark an increase in spot prices, which continue to languish.The price of spot LNG for delivery to north Asia slipped to $16.50 per
Oil & Gas Trade
13-11-2023
Nigeria restores 275,000 bpd production at totalenergies JV
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsNigeria's state oil firm N
Oil & Gas Trade
13-11-2023
Top LNG importer China re-selling more cargoes, eyes trading gains
China, the world's top importer of liquefied natural gas (LNG), is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings.Armed with a growing portfolio of long-term supply deals recent
LNG
11-11-2023
Top LNG Importer China Re-Selling More Cargoes, Eyes Trading Gains
China, the world's top importer of liquefied natural gas (LNG), is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings.Armed with a growing portfolio of long-term supply deals recent
Natural Gas
10-11-2023
Sulzer Technology Enables Circular Gas Production Plant in the Alps
Sulzer’s mass transfer technologies are being leveraged by Messer, the world's largest privately owned industrial gas specialist, in collaboration with a manufacturer of inorganic chemicals to enable innovative carbon capture and utiliza
Oil&Gas Drilling
09-11-2023
MHI Selected as Technology Licensor for EET Industrial Carbon Capture Targeting UK's First Low Carbon Refinery
Project Underway at Stanlow Refinery, Owned and Operated by Essar Oil UK, in Cheshire CountyMHI will contribute to realization of carbon neutral society through CO2 capture technology for CCUS project in the UKMitsubishi Heavy Industries, Ltd. (MHI) has b
LNG
09-11-2023
Excelerate Energy Signs 15-Year LNG Supply Deal With Petrobangla
The Bangladeshi national gas company will buy 0.85-1MTPA of LNG from Excelerate Energy starting from January 2026Excelerate Energy and Petrobangla forge 15-year LNG partnership. (Credit: Marcos Marcos Mark from Pixabay)Excelerate Energy, a US-based liquef
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