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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
LNG
21-08-2023
HD Korea Shipbuilding wins 288.2 bln-won order for 2 LPG carriers
South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Monday it has bagged a 288.2 billion-won (US$215 million) order to build two liquefied petroleum gas (LPG) carriers for a European shipper.HD Hyundai Heavy Industries Co., one
Gas Turbine
21-08-2023
CPV, GE Vernova Bring 1.2-GW Gas-Fired Plant Online in Illinois
Competitive Power Ventures (CPV) said the company’s new 1.2-GW Three Rivers Energy Center in Illinois has entered commercial operation. The natural gas-fired facility, built in collaboration with GE Vernova’s Gas Power business, featur
Oil&Gas Drilling
21-08-2023
Red Sky Energy Announces First Gas Production From Yarrow 3 Well
Red Sky Energy announces first gas production from Yarrow 3 well. (Credit: Santos)Red Sky Energy (ASX:ROG) (Red Sky or the Company) is pleased to announce that Santos Limited (ASX:STO) (Santos) has advised of the completion of construction of the pipeline
LNG
21-08-2023
Energy Transfer Seeks New LNG Export License After Extension Denied
Pipeline operator Energy Transfer (ET.N) on Friday requested a new and expedited export license for its proposed Lake Charles, Louisiana, liquefied natural gas (LNG) plant, according to a filing with the U.S. Department of Energy (DOE).The department in M
Oil & Gas Trade
19-08-2023
US Approvals for $1.5 Billion Oil Railway in Utah Partially Vacated
REUTERS/Rick Wilking/File Photo Acquire Licensing RightsA U.S. appeals court on Friday sent approvals for a $1.5 billion Utah crude oil railway back to federal regulators, finding that reviews for the project failed to adequately consider wildfire risk an
Oil & Gas Trade
18-08-2023
Chevron LNG Workers to Vote on Strike Action
Workers at the two LNG projects that Chevron operates offshore Australia today vote on whether they will go on strike after negotiations failed to produce an agreement that would have avoided the industrial action."It's game on in pushing bac
Oil & Gas Supply
18-08-2023
Kazakhstan Plans to Ship 1.2 Million Tons of Oil to Germany
Kazakhstan plans to supply 1.2 million metric tons of oil to Germany via the Russian Druzhba pipeline in 2024, Interfax news agency cited Kazakh state pipeline operator KazTransOil as saying on Friday.As of the end of June, Kazakhstan has shipped 290,000
Oil & Gas Trade
18-08-2023
The Global Petroleum-Fuel Dyes and Markers Market Is Estimated to Reach Us$ 746.3 Million by 2033 | Future Market Insights Inc.
The global petroleum-fuel dyes and markers market is estimated to be valued at US$ 467 million in 2023 and is further expected to witness a steady growth rate of 4.8% CAGR during the forecast period, totalling a valuation of around US$ 746.3 million by 20
Hydrogen Production
18-08-2023
200 MW Plant to Produce Synthetic Natural Gas
MAN Energy Solutions is designing a 200 MW plant in Finland that will produce 55,000 tonnes of synthetic natural gas annually to decarbonize heavy-duty transport.Koppö Energia has commissioned MAN Energy Solutions to deliver the front-end enginee
LNG
18-08-2023
FueLNG, Shell Conduct 1st Simops LNG Bunkering in Southeast Asia
Oil major Shell, Japanese shipping company NYK Line and FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum, have carried out the first simultaneous operations (SIMOPS) liquefied natural gas (LNG) bunkering for a pure
LNG
18-08-2023
Totalenergies Equips LNG Carrier With Everlong's Carbon Capture System
A ship-based carbon capture (SBCC) prototype developed under the EverLoNG project was installed on an LNG-powered LNG carrier owned by energy major TotalEnergies while in drydock in Spain.Image credit CarbotreatThe carbon capture unit was built in the Net
LNG
17-08-2023
ADNOC Inks Long Term LNG Supply Deal With Japanese Giant
Adnoc Gas, a subsidiary of the Abu Dhabi National Oil Company (Adnoc), has signed a five-year liquefied natural gas supply deal with Japan Petroleum Exploration Company (JAPEX), as it continues to expand its presence in the Asian markets.Adnoc confirmed t
Oil Exploration
17-08-2023
Production of Renewable Diesel Restarted at the Expanded Part of Neste's Singapore Refinery After Operational Shutdown
The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August, according to the company’s plans. The production line at the expanded part of the refinery was shut down in June for unexpec
Oil & Gas Trade
17-08-2023
US FTC Approves Deal for Natgas Producer EQT to Buy THQ Appalachia
Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsEQT Corp (EQT.N), the biggest U.S. natural gas producer, said on Wednesday that it had won ant
Oil&Gas Drilling
16-08-2023
ADX Gets Nod to Tap Into Upper Austrian Gas
Perth-based company ADX Energy will kick-off a drilling campaign at its flagship 807 billion cubic feet of gas equivalent (bcfe) Welchau gas prospect in Upper Austria late this year after gaining crucial government approval for drilling and testing.The dr
LNG
16-08-2023
Elliott Secures Equipment Supply Deal for Sempra's Port Arthur LNG
Elliott Group, a wholly-owned subsidiary of Ebara Corporation, has secured an order to supply cryogenic rotating equipment for the Port Arthur LNG Phase 1 project being developed by Sempra Infrastructure in Jefferson County, Texas.Courtesy of Sempra Infra
LNG
16-08-2023
Hanwha Ocean Kicks off Construction of Qatar-Bound LNG Carriers
Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), has started the construction of the first Qatar-bound LNG carrier for K3 Consortium comprising H-Line Shipping, Pan Ocean, and SK Shipping.Courtesy of Liberian RegistryTo
Oil & Gas Trade
16-08-2023
Carlyle Sells Gabon Oil Firm to France's Maurel & Prom for $730 Mln
The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato/File Photo Acquire Licensing RightsPrivate equity fund Carlyle Group (CG.O) has agreed to sell its Gabon-focused oil and gas co
Oil Price
16-08-2023
Woodside Energy Set to Log Strong First-Half Profit on Resilient LNG Prices
Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo Acquire Licensing RightsWoodside Energy (WDS.AX), Australia's no.1 in
LNG
15-08-2023
Golar LNG and NNPCL agree on joint gas development for FLNG project
In its interim results for the period that ended in June 2023, Golar LNG said it signed heads of terms with Nigeria National Petroleum Corporation for the joint development of gas fields using floating liquefied natural gas (FLNG), expanding on the Memora
Oil & Gas Supply
15-08-2023
30 Killed in Gas Station Fire in Russia's Dagestan
Video screen grab showing fire crews battling the flames after a gas station explosion in Makhachkala, Dagestan.Russian Emergency Situations Ministry/TASSAt least 30 people were killed and dozens injured in an explosion and fire at a petrol station in Rus
LNG Carrier
15-08-2023
Jiangnan Shipbuilding to Expand LNG Carrier Capabilities
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has started construction of a new facility to enable the construction of 175,000 cbm LNG carriers.The project was designed by CSSC Ninth Design and Research Institute Engineering
Oil & Gas Trade
15-08-2023
Gas Expansion Projects to Gulp $20BN Yearly – FG
The Federal Government, on Monday, said about $20bn annual investments would be needed to achieve the desired gas expansion projects in Nigeria and deepen the use of gas across the country.It disclosed this through the Nigeria Extractive Industries Transp
Oil Price
15-08-2023
Suncor Energy's Quarterly Profit Halves on Lower Oil and Gas Prices
Canada's Suncor Energy (SU.TO) on Monday joined its global peers in reporting a sharp drop in quarterly profit, as oil and gas prices retreated from last year's peak.Global oil prices slipped in the quarter from a year earlier, as a bankin
Oil&Gas Drilling
14-08-2023
Heerema Gears up for Installation at Petronas' Giant Gas Development
Netherlands offshore contractor Heerema Marine Contractors is preparing to this month install the key structures for Petronas’ Kasawari giant gas field development offshore Malaysia.Heerema will utilise its monohull heavy-lift crane vessel Aegir
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