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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
09-11-2023
Qatarenergy-Sinopec's Long-Term LNG Contract Likely Priced Around 12.7% Slope to Oil
The LNG sales and purchase agreement signed between QatarEnergy and China Petrochemical Corp., or Sinopec, was likely priced around 12.7% slope to crude oil, with flexibility for Sinopec to receive LNG cargoes at its terminals in China, market sources sai
LNG
09-11-2023
Evergen Secures 10-Year Offtake Agreement at Growtec Facility in Alberta
EverGen Infrastructure Corp. is pleased to announce the signing of a 10-year offtake agreement with Irving Oil Ltd. for the supply of renewable natural gas (RNG) produced at the Grow the Energy Circle Ltd. facility (GrowTEC). The agreement provides for th
LNG Carrier
09-11-2023
Ascenz Marorka Inks Digital Maritime Services Deal With Brunei Gas Carriers
Ascenz Marorka, a subsidiary of French LNG containment specialist GTT, has signed a contract with Brunei Gas Carriers to provide its Amadi vessel with a comprehensive range of digital maritime services designed for LNG carriers (LNGCs).Illustration only;
LNG
09-11-2023
CMES and Petrochina Unit Conclude 25-Year Lease Deal for Two LNG Carriers
China Merchants Energy Shipping (CMES) has signed a long-term transportation agreement with a subsidiary of PetroChina for two of its LNG carriers under construction.Illustration; Image credit: CMESAccording to a stock exchange filing, CMES signed the agr
LNG
09-11-2023
TGE Pressing On With Construction of Third LNG Tank at ŚWinoujśCie
TGE Gas Engineering, an EPC contractor for the storage and handling of liquefied gases, is advancing the construction of the third LNG tank as part of the expansion project of the LNG terminal in Świnoujście, Poland.TGE Gas is building the LNG tank in con
Oil & Gas Trade
09-11-2023
Russian Oil Shaves India's Import Costs by About $2.7 Billion
India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data, helping it support economic growth and easing pressure on its trade deficit.Crude oil accounts
Oil & Gas Trade
09-11-2023
Russia Considers Lifting Gasoline Export Ban - Interfax
Flue gas and steam rise out of chimneys and smokestacks of an oil refinery during sunset on a frosty day in the Siberian city of Omsk, Russia, February 8, 2023. REUTERS/Alexey Malgavko//File Photo Acquire Licensing RightsRussia is considering lifting an e
LNG
09-11-2023
New Fortress Delays Start of Mexico's First LNG Plant to December
Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsU.S. liquefied natural gas (LNG) developer New Fortress Energy (NFE.O) has postponed the comm
LNG
09-11-2023
Environmental Group Urges US Not to Extend License for Tellurian Inc LNG Plant
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 RightsThe Sierra Club environmental group on Wednesday urged t
Oil & Gas Trade
08-11-2023
PDVSA, Maurel & Prom Sign Pact for Oil, Gas Development in Venezuela
A state oil company PDVSA's logo is seen at a gas station in Caracas, Venezuela May 17, 2019. REUTERS/Ivan Alvarado/File Photo Acquire Licensing RightsVenezuelan state oil firm PDVSA and its joint venture partner Maurel & Prom (MAUP.PA) have s
Natural Gas
08-11-2023
Gas Networks Ireland Says It Will Connect 11 Data Centres to the Gas Grid
Gas Networks Ireland said it will connect centres that have applied for connection, but that it has completed 'fewer than three' so far. File pictureData centres requesting to be connected to the national gas system will be facilitated, th
Oil & Gas Trade
08-11-2023
Kazakhstan Ready to Transport More Russian Gas, Oil - Kazakh President
Kazakh President Kassym-Jomart Tokayev attends the Meeting of the Council of Heads of State of the Organization of Turkic States in Astana, Kazakhstan, November 3, 2023. Press Service of the President of Kazakhstan/Handout via REUTERS/File Photo Acquire L
LNG
08-11-2023
Exclusive: Mexico's Pemex, New Fortress Energy Scrap Deepwater Gas Project -Sources
The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Acquire Licensing RightsMexican state energy company Pemex and U.S. liquefied natural gas (LNG)
Oil&Gas Drilling
08-11-2023
Suriname's Staatsolie Offers 11 Offshore Blocks in Bidding Round
A unit of Suriname state-owned energy company Staatsolie on Tuesday launched a competitive bidding round for 11 offshore areas in the country, with bids to be submitted through May.The blocks, in the nearshore and shallow offshore areas, are located south
Crude Oil
08-11-2023
Nigeria's State Oil Firm Launches New 'Nembe' Grade of Crude
The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde/File Photo Acquire Licensing RightsNigeria's state oil firm NNPC Ltd on Tuesday said it had launched
Oil & Gas Supply
08-11-2023
Regulators Call for Natural Gas Supply Protections After 2022 Winter Power Outages
A woman jogs by power lines in Mountain View, California, U.S., August 17, 2022. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsU.S. energy regulators on Tuesday urged lawmakers to fill a regulatory blind spot to maintain reliable supply of natu
LNG
07-11-2023
GTT Signs LNG Technical Services Agreement With Chinese Shipyard
French LNG containment specialist GTT has signed a technical service agreement with the ship repair unit of Qingdao Beihai Shipbuilding, a part of China State Shipbuilding Corporation (CSSC).Courtesy of GTTThe agreement was signed on November 1, 2023, by
LNG
07-11-2023
New Fortress Energy Inks FSRU Charter Agreement With Petrobras
U.S. energy company New Fortress Energy (NFE) has executed a definitive agreement to charter the floating storage and regasification unit (FSRU) Energos Winter from Brazilian state-owned oil and gas giant Petrobras starting in December 2023.Illustration o
Oil & Gas Trade
07-11-2023
Kazakhstan Opts Out From Russian Gas Imports This Winter
Kazakhstan has pushed back until next year the signing of a binding natural gas import contract with Gazprom, with the country opting to pass this winter season without previously anticipated gas imports from Russia.The Astana government instead opted to
LNG
07-11-2023
New Fortress to Charter Fsru for LNG Import Terminal in Brazil
Liquefied natural gas (LNG) developer New Fortress Energy (NFE.O) said on Monday it has signed a deal to charter a floating storage and regasification unit (FSRU) from Brazil's Petrobras (PETR4.SA) starting in December.The company said FSRU Energo
LNG
07-11-2023
Kosmos Says Tortue LNG Project Start-up Could Slip Into Q2 24
Kosmos Energy (KOS.N) said on Monday that the start-up of the BP-operated (BP.L) Greater Tortue Ahmeyim (GTA) gas project offshore Senegal and Mauritania could slip into the second quarter of 2024.BP last week said that the project was 90% complete and is
Oil & Gas Supply
07-11-2023
US Natgas Prices Drop 7% On Record Output, Mild Weather
Model of natural gas pipeline and U.S. flag, July 18, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsU.S. natural gas futures dropped about 7% to a one-week low on Monday on record output and forecasts for mild weather to continue through l
Oil & Gas Trade
07-11-2023
US Seeks to Buy Up to 3 Mln Barrels for Oil Reserve for Jan Delivery
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 United States is seeking to
Oil & Gas Supply
07-11-2023
Kinder Morgan to Buy Nextera Energy Partners' Texas Pipelines for $1.82 Bln
The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. Picture taken September 27, 2020. REUTERS/Gary McWilliams/File Photo Acquire Licensing RightsU.S. pipeline operator Kinde
LNG
07-11-2023
Regulators Say Loss of Everett LNGTerminal Threatens New England Energy Reliability
A possible loss of the Everett Marine LNG terminal can jeopardize the reliability of New England's energy supply during extreme cold weather, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corp (NERC) s
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