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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
28-08-2023
Another Chevron Lng Facility in Australia to Decide on Strike Action
Workers at one of Chevron's liquefied natural gas (LNG) facilities in major exporter Australia will decide on Monday whether to authorise their unions to call a strike after the company's other two facilities voted yes for possible action.
Oil & Gas Trade
28-08-2023
Totalenergies to Carry Out 4 Large Energy Projects in Iraq
The TotalEnergies logo placed on the company’s headquarters in Paris, France. Photo: ReutersBaghdad (IraqiNews.com) – Iraq’s Basra Oil Company (BOC) announced that TotalEnergies entered into a contractual commitment to carry
Oil & Gas Trade
28-08-2023
BP Urges More Oil, Gas Investment While Speeding Energy Transition
A woman walks past a Jio-bp fuel tanker, an Indian fuel and mobility joint venture between Reliance Industries (RIL) and British Petroleum (BP), fuel station, in Navi Mumbai, India, October 26, 2021 REUTERS/Francis Mascarenhas/File Photo Acquire Licensing
Oil & Gas Trade
27-08-2023
Delta Community Threatens to Shut Down Oil Production
Nigeria’s oil industry may lose 20,000 barrels of petroleum crude per day as palpable tension grips the Otumara Flow Station operated by Shell Petroleum Development Company.Aggrieved indigenous people of Ugboegungu, Ugborodo and Deghele in Warri
Oil & Gas Trade
27-08-2023
Los Alamos Team Sees Modeling as Tool to Blend Hydrogen in Natural Gas Pipelines
The Center Square) - Math modeling can improve safety when blending hydrogen with natural gas for transportation, Los Alamos National Laboratory announced in a press release this week.A safe hydrogen transition is among the proposed solutions to help the
Nuclear Fuel
27-08-2023
Texas Nuclear Waste Storage Permit Invalidated by US Appeals Court
A U.S. appeals court on Friday canceled a license granted by a federal agency to a company to build a temporary nuclear waste storage facility in western Texas, which the Republican-led state has argued would be dangerous to build in one of the nation&
Oil & Gas Trade
27-08-2023
Rupee Crisis Costs Refinery rs750M on Crude Import
Pakistan’s oil industry is feeling the pinch of a plunging rupee that has made crude imports more costly and forced one refinery to book a hefty loss on a recent shipment, industry officials told The News on Friday.One of the refineries, which i
Oil & Gas Trade
26-08-2023
Indian Oil Corporation to Invest Rs 4 Trillion to Expand Oil Refining and Petrochemical Businesses
Indian Oil Corporation on Friday said it plans to invest over Rs 4 lakh crore (trillion) in this decade to expand its oil refining and petrochemical businesses as well as in energy transition projects.IndianOil will invest Rs 1 lakh crore in expanding cap
Oil&Gas Drilling
25-08-2023
Indianoil Sets Sight on Being '360-Degree Energy' Company; To Invest Rs 4 Lakh Crore
India's top fuel retailer Indian Oil Corporation will invest over Rs 4 lakh crore in this decade to expand oil refining and petrochemical business as well as in energy transition projects as part of a plan to become a '360-degree energy co
LNG
25-08-2023
Australia Union Threatens Strikes at Chevron LNG Facilities
A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsUnions at Chevron's (CVX.N) liquefied natural gas (LNG)
LNG
24-08-2023
Gail to Invest Rs 30,000 Crore in Next Three Years to Explore Global Lng Supplies
Sandeep Kumar Gupta.Sourced by the TelegraphGAIL plans to invest Rs 30,000 crore in the next three years as it expands its petrochemical capacity and scouts for LNG supplies globally, chairman Sandeep Kumar Gupta said Wednesday.The nation’s top
Oil & Gas Trade
24-08-2023
Israel Will Expand Gas Exports to Egypt, Says Energy Ministry
Israeli Energy Minister Israel Katz listens to a talk on the gas platform for Leviathan, Israel's largest gas field, talks, near Haifa bay, northern Israel, August 1, 2023. REUTERS/Ari Rabinovitch/File Photo Acquire Licensing RightsIsrael on Wedne
Natural Gas
24-08-2023
Woodside Workers to Consider Deal Terms at Australian Lng Facility
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsSY
Oil & Gas Trade
23-08-2023
RI Eyes Us$3.37 Billion Non-oil, Gas Export Target With Australia
Indonesian Deputy Trade Minister Jerry Sambuaga (left) during a press statement at the 55th ASEAN Economic Ministers' (AEM) Meeting in Semarang, Central Java, Tuesday, August 22, 2023. (ANTARA/Indra Arief P/rst)Semarang, Central Java (ANTARA) - In
Oil & Gas Technology
23-08-2023
Volvo Trucks Deploys FH LNG Trucks in Exclusive, One-Time Pilot With Linde Canada
Volvo Trucks North America is working with Linde Canada Inc., a leading industrial gas and engineering company, in an exclusive, one-time pilot, importing five Volvo FH LNG (liquified natural gas) powered trucks to Canada. Volvo Trucks first launched the
LNG Carrier
23-08-2023
K Line's New LNG Carrier for Charter With Petronas Named in China
Chinese shipbuilder Hudong Zhonghua has held a naming ceremony for a new 80,000 cubic meter LNG carrier built for Japanese shipping company Kawasaki Kisen Kaisha (K Line).Courtesy of Hudong ZhonghuaThe vessel was named Lagenda Setia during the ceremony wh
LNG
23-08-2023
BASF to Buy LNG From Cheniere's Sabine Pass Expansion Project
Cheniere Energy, through its subsidiary Cheniere Marketing, has signed a long-term LNG sale and purchase agreement (SPA) with German-based chemical producer BASF.Illustration; Archive; Courtesy of CheniereUnder the agreement, BASF will purchase up to appr
LNG Carrier
23-08-2023
Dalian Shipbuilding Bags Deal for up to Four LNG Carriers
China’s Dalian Shipbuilding Industry Company (DSIC) has signed a contract for the construction of up to four 175,000 cbm LNG carriers with Sea Jade Investment Limited, a joint venture owned by Hong Kong-based shipping company Wah Kwong, China Ga
Natural Gas
23-08-2023
Australia's APA Group to Buy Local Energy Supplier's Pilbara Assets for $1.1 Bln
Australia's APA Group (APA.AX) said on Wednesday it would acquire Alinta Energy's power assets in the Pilbara region for a deal valued at A$1.72 billion ($1.10 billion), as the energy- infrastructure firm aims to reduce its exposure to fos
Oil & Gas Trade
22-08-2023
Turkiye and Hungary Sign Gas Deal
Turkish President Recep Tayyip Erdogan (2nd L) meets with Hungarian President Katalin Novak (R) in Budapest, Hungary on August 20, 2023 [Mustafa Kamacı/Anadolu Agency]Hungarian energy conglomerate, MVM, has agreed to buy about 300 million cubic metres (mc
Oil&Gas Drilling
22-08-2023
Ecuadorians Vote to End Oil Drilling in Parts of the Amazon
FILE - In this May 17, 2007, file photo, An aerial view of the Yasuni National Park, in Ecuador’s northeastern jungle. Ecuador’s government has issued an environmental permit, May 22, 2014, for oil drilling in the pristine Amazon reser
LNG
22-08-2023
Samsung Heavy Delivers New LNG Carrier to Maran Gas
Maran Gas Maritime, a part of Greece’s Angelicoussis Shipping Group, has taken delivery of the newbuild LNG carrier Maran Gas Marseille.Courtesy of Angelicoussis GroupThe vessel was delivered by South Korean shipbuilding major Samsung Heavy Indu
Oil&Gas Drilling
22-08-2023
Totalenergies and Inpex Snap Up Two Gas Fields off Australia From PTTEP
Two oil and gas players, TotalEnergies and Inpex, have inked an agreement with PTTEP for the acquisition of its 100 per cent interest in the AC-RL7 permit, which encompasses two gas fields in the Timor Sea, offshore Australia.Ichthys Explorer LNG offshore
Oil & Gas Supply
21-08-2023
Serbia Agrees to Supply More Russian Gas to Hungary
Serbia will be prepared to increase supplies of Russian gas to Hungary if Ukraine decides to halt transit of gas from Russia, Hungarian Foreign Minister Peter Szijjarto said on Sunday."We've heard in recent days that Ukraine would like to ter
Natural Gas
21-08-2023
Kinetiko Energy Delivers Maiden Gas Reserve and 20% Lift in Contingent Resource From Just 0.2% Of South African Project Area
Kinetiko Energy Ltd (ASX:KKO, OTC:KKOEF) has passed a major milestone on declaring maiden gas reserves of 6.4 BCF at its South African joint venture gas fields with its 49% share totalling 3.1 BCF.Significantly, this reserve, representing one of the most
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