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Oil & Gas
Oil Price
Oil Prices Post 3% Annual Decline
Natural Gas
15-02-2025
‘No Significant’ Emission Impacts From Venture Global’s Proposed US LNG Export Project, FERC Finds
Since the U.S. Department of Energy (DOE) instructed all agencies to carry out environmental reviews before pending liquefied natural gas (LNG) export projects get the green light, the U.S. Federal Energy Regulatory Commission (FERC) has disclosed a draft
Natural Gas
11-02-2025
Mexico’s Carlos Slim Says ‘Complicated’ Deepwater Gas Project Being Evaluated
Mexican billionaire Carlos Slim holds a press conference in Mexico City, Mexico February 10, 2025.Mexican billionaire investor Carlos Slim said on Monday that his team is reevaluating a deal inked with state oil company Pemex to develop Mexico's f
LNG
11-02-2025
Trinidad Sees Revenue Increase From LNG Sales After Contract Revamp
Global Energy Industry Leaders attend the opening day of the T&T Energy Conference in Port of Spain, Trinidad and Tobago, February 10, 2025.Trinidad and Tobago, the largest producer of liquefied natural gas in Latin America and the Caribbean, is seein
Oil Price
11-02-2025
Oil Gains Nearly 2% Despite Trade War Concerns
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023.Oil prices rose nearly 2% on Monday after posting their third straight week of losses, even though investors remained worried that U.S. President Donald Trump
Oil & Gas Supply
11-02-2025
Energy Transfer Signs Natural Gas Supply Agreement With Cloudburst
Model of natural gas pipeline and U.S. flag, July 18, 2022.U.S. pipeline operator Energy Transfer (ET.N), on Monday entered into a long-term natural gas supply agreement with private, Denver-based company CloudBurst Data Centers for its development in Cen
Natural Gas
10-02-2025
Taiwan Looks to Buy Alaskan Natural Gas as It Seeks to Head off US Tariffs
Snow capped mountains are reflected in Kenai Lake outside of Cooper Landing, in Anchorage, Alaska, U.S., November 3, 2021. Picture taken November 3, 2021.Taiwan is interested in natural gas from Alaska and will continue to assess the feasibility of purcha
Oil Refinery
15-02-2025
Refinery Fire Drives up Gas Prices in Arizona, Highlighting California Reliance
A fire at one Northern California refinery responsible for 10% of the state’s gasoline production has resulted in higher gas prices in California, Arizona and Nevada, highlighting the latter states’ reliance on aging California refiner
Natural Gas
15-02-2025
Bass Oil to Explore Triassic Gas Potential in Cooper Basin
Bass Oil Limited is conducting a study to assess the gas potential in the Triassic zone of the northern Cooper Basin, following promising results from the Kiwi gas test. This initiative underscores Bass’s strategy to enhance its asset base, with
Crude Oil
10-02-2025
Malaysia’s Petronas to ‘Rightsize’ Workforce to Ensure Survival, Reports Say
President and group CEO of Petronas, Tengku Muhammad Taufik attends the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023.Malaysia's state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing
Oil Price
10-02-2025
Oil Ticks Higher as Investors Weigh New US Tariffs
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023.Oil prices ticked higher on Monday even as investors weighed U.S. President Donald Trump's latest tariff threat, this time on all steel and aluminium
Crude Oil
15-02-2025
Kazakhstan’s Ozenmunaigaz Targets Higher Oil Output in 2025
Ozenmunaigaz will increase oil production to 5.25 million tons in 2025.This became known during a working visit to the Mangystau region by the Chairman of the Board of JSC "NC KazMunayGas" (KMG), Askhat Khassenov, to JSC "Ozenmunaigaz"
Crude Oil
10-02-2025
Chevron Says Fading U.S. Crude Growth Casts Pall on Port Projects
The tanker Eagle Seville discharges crude oil at the Port of Corpus Christi in Corpus Christi, Texas, U.S., as seen in this aerial photo taken on Monday, Dec. 27, 2010.Slowing U.S. oil-production growth is casting a pall over projects intended to expand c
LNG
10-02-2025
Qatarenergy’s New LNG Carrier Fleet Begins to Take Shape
The LNG tankers Rex Tillerson and Umm Ghuwailina at their launch ceremony at Hudong-Zhonghua shipyardFollowing on from the news from the Gulf that Oman’s Asyad Shipping is expanding its fleet by acquiring a further 30 ships, QatarEnergy is now s
Natural Gas
10-02-2025
Ukraine Keeps Gas Imports at a High Level on Sunday, Data Shows
Ukraine will keep gas imports at a high level of 16.3 million cubic metres (mcm) on Sunday, data provided by the operator of the state-run gas transmission system showed.The data suggested Ukraine would import 7.1 mcm of gas from Hungary, 7.3 mcm from Slo
Oil & Gas Trade
08-02-2025
Russian Gas Supplies Arrive in Slovakia via Turkstream, Expected to Rise in Q2
Russian gas supplies have arrived in Slovakia - which had been cut off from previous routes when Kiev declined to extend the transit contract with Gazprom - via the TurkStream gas pipeline system, Slovakia's SPP gas company CEO Vojtech Ferenc told
Oil&Gas Drilling
08-02-2025
Chinese Researchers Use Earth Science Satellite to Monitor Offshore Oil, Gas Platforms
Chinese researchers have unveiled a novel application of the Earth science satellite SDGSAT-1 for observing offshore oil and gas platforms.The study, led by researchers from the Aerospace Information Research Institute of the Chinese Academy of Sciences (
LNG
08-02-2025
Trump Says He Discussed LNG Exports With Japan’s Ishiba
Crude oil pipeline in Fairbanks, Alaska.President Donald Trump said that the US and Japan are discussing a pipeline project in Alaska after meeting with the country’s prime minister, Shigeru Ishiba.We’re talking about a joint venture o
Oil Price
08-02-2025
Oil India Q3 Results: Net Profit Drops 23% on Lower Crude Oil Prices
State-owned Oil India Ltd (OIL) reported a 23 per cent drop in its third-quarter net profit as the price of crude oil produced and sold fell.Net profit was ₹1,221.80 crore in October-December 2024 - the third quarter of April 2024 to March 2025 fiscal (FY
Natural Gas
08-02-2025
NNPC/First E&P Records 96% Reduction in Gas Flaring
The Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has successfully achieved 96per cent reduction in routine flaring of Associated Gas (AG) from t
Crude Oil
08-02-2025
China Aims for Stable Crude Oil Production Above 200M Tons in 2025
Workers perform their tasks at an oil platform in Daqing Oilfield in Daqing, northeast China's Heilongjiang Province, Nov. 25, 2024.China aims for stable crude oil production above 200 million tons in 2025, the National Energy Administration (NEA)
Oil Field
09-02-2025
Decision Over Progressing Brazilian Oil Discovery to FEED Entry Stage Due in Spring
Australia’s oil and gas company Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, which represents the entry into front-end engineering design (FEED), for an oil field discov
Natural Gas
08-02-2025
Nigerian Offshore Fields Reach New Decarbonization Heights With 96% Cut in Routine Gas Flaring
Madu Conductor Supported Platform CSPThe Nigerian National Petroleum Company (NNPC) has tucked a new milestone in the reduction of routine flaring of associated gas (AG) from two shallow-water oil and gas fields located off the coast of Nigeria.NNPC has c
Oil&Gas Drilling
08-02-2025
Noble Rigs and Stena Drillship Get down to Oil & Gas Drilling Business Offshore Guyana
Noble Don Taylor drillshipFour mobile offshore drilling units (MODUs), made up of drillships owned by Noble Corporation and Stena Drilling, have buckled down and resumed hydrocarbon exploration at the Stabroek block off the coast of Guyana, enabling Exxon
Oil Field
08-02-2025
Chevron Takes the Operator Helm at Two Blocks in Namibian Waters
Chevron Namibia Exploration Limited (CNEL), an affiliate of the U.S.-headquartered energy giant Chevron, has strengthened its presence in Namibia’s offshore oil and gas plays by getting its hands on a new license, which enables it to assume the
Crude Oil
08-02-2025
Chevron Accelerates Kazakh Oilfield Ramp-Up, Sources Say
Chevron logo is seen in this illustration taken, October 23, 2023.Chevron (CVX.N), is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told, raising its output to around 1% of global crude supply.Chevr
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Most views from Oil & Gas
1
OPEC+ Is Not Considering Delay to April Oil Supply Hike, Novak Says
2
Nord Stream 2 Cost $11 Billion to Build. Now, the Russia-Europe Gas Pipeline Is Unused and Abandoned
3
Production at Russian Refineries Has Dropped to a 12-Year Low Due to Ukrainian Drone Attacks
4
Shell Sorry for Buying Russian Crude
5
Oil Prices Post 3% Annual Decline
6
Ukraine Keeps Gas Imports at a High Level on Sunday, Data Shows
