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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 Technology
14-08-2023
Turkmenistan Fully Capable of Financing Trans-Caspian Gas Pipeline Project - Ex-us Ambassador
If Turkmenistan does not act before the EU lines up alternate sources of gas, the Trans-Caspian Pipeline project will become unviable, Allan Mustard, co-founder and co-head of the Trans-Caspian Resources energy startup, Former US Ambassador to Turkmenista
Natural Gas
14-08-2023
Ukraine Has 12.3 Bcm of Gas in Its Storage Facilities - Energy Ministry
As of August, more than 12.3 billion cubic meters of gas were pumped into Ukraine’s underground storage facilities.According to Energy Minister German Galushchenko, production and injection of gas into Ukrainian underground storage facilities ta
LNG
14-08-2023
New Bangkok Data Center May Tap LNG-Fueled District Cooling for On-Site Energy
A new 2-MW data center in the heart of Bangkok’s business district could be powered by regasified liquid natural gas (LNG) to create district cooling energy in its version of a lower-carbon microgrid.ST Telemedia Global Data Centres (STT GDC) pl
LNG
14-08-2023
Wison Offshore & Marine Boasts World's Largest Spb LNG Tank
Shanghai-based Wison Offshore & Marine has completed the final assembly of what it claims to be the world’s largest self-supporting prismatic shape IMO type B tank (SPB) for storing LNG.The company announced the milestone via social media on
Oil&Gas Drilling
14-08-2023
CNPC's Daqing Unit Awarded $194 Mln Drilling Contract in Iraq
A woman walks past the China National Petroleum Corporation (CNPC) booth during the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2021. REUTERS/Florence LoA drilling subsidiary of China National Petroleum Corp
Oil & Gas Trade
12-08-2023
Vision RNG and Meridian Waste Announce Landfill Gas to Renewable Natural Gas Project First in Missouri
The RNG is injected into a nearby interstate natural gas pipeline and used by various customers across the U.S. for transportation fuel and other sustainability purposesVision RNG (VRNG) is pleased to announce that its Landfill Gas (LFG) to Renewable Natu
Oil&Gas Drilling
12-08-2023
Irving Oil Announces Major Refinery Turnaround with $190M Investment
Operation Ram is scheduled to take seven weeks, employing an additional 2,300 skilled workers, the majority of which will come from communities throughout New Brunswick and the rest of Atlantic CanadaOn September 17, Irving Oil will begin one of its large
Oil&Gas Drilling
12-08-2023
Saudi Arabia Will Supply Full Oil Volumes to Asian Buyers in September
Saudi Arabia will supply full crude oil volumes in September under contracts with Asian buyers, Reuters has reported, citing multiple unnamed sources.The news comes days after the Kingdom raised its official selling prices for crude yet again and said it
Oil&Gas Drilling
11-08-2023
Saipem Secures $1BN Contract for Bouri Gas Project Offshore Libya
Saipem will provide EPCIC services for around 5,000t Gas Recovery Module (GRM) onto the existing DP4 offshore facility, and build 28km of pipelines to connect the DP3, DP4 and Sabratha platforms, using its Saipem 7000 vesselENI Oil platform Bouri DP4. (Cr
Indonesia
11-08-2023
Analysis: Indonesia's Gas Ambition Faces Investor Test With Shell, Chevron Exits
Word "Gas" and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/IllustrationIndonesia hopes the recent exit of global giants Shell and Chevron from two long-delayed natural gas pro
Oil & Gas Trade
11-08-2023
CPUC, Socalgas Reach $71 Million Settlement Over Aliso Canyon Gas Leak
Aliso Canyon entrance in Porter Ranch on Monday, August 7, 2023. (Photo by Dean Musgrove, Los Angeles Daily News/SCNG)Compounding the financial fallout from the largest gas leak in U.S. history, the California Public Utilities Commission announced today i
LNG
11-08-2023
Hudong-Zhonghua Starts Building 1st LNG Carrier for Cosco and Sinochem
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started construction of the first LNG carrier for compatriot COSCO Shipping Energy and Sinochem Petroleum.Courtesy of Hudong-ZhonghuaAccording to the shipbuilder’s statement, the construction
Oil&Gas Drilling
11-08-2023
Italy's Saipem Wins Two Contracts With Eni, BP Worth a Total $700 Mln
The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File PhotoItalian energy services group Saipem (SPMI.MI) on
Oil Exploration
10-08-2023
Saipem Lays Gas Pipeline for Greece's First Offshore LNG Terminal
Pipelaying activity for Gastrade’s Alexandroupolis LNG terminal, the first offshore LNG project in Greece, has been completed.Archive; Courtesy of GastradeOn 8 August, oilfield services provider Saipem shared an update on social media stating it
LNG Carrier
10-08-2023
Mitsui E&S to Supply WT-3 Bog Compressors for LNG-Fueled Vessels
Japan’s Mitsui E&S has received orders for two units of WT-3 high-pressure boil-off gas (BOG) compressor from its compatriot Mitsubishi Shipbuilding.Illustration; Archive; Courtesy of Mitsubishi ShipbuildingAccording to Mitsui, the WT-3 BOG
LNG
10-08-2023
Axpo Hires LNG Bunker Ship Which Could Also Transport Ammonia in Future
Swiss renewable energy producer Axpo has inked a ten-year charter deal for a liqufied natural gas (LNG) bunkering vessel, which could also transport bio-LNG and ammonia.As informed, the agreement was signed with Italy’s Gas and Heat SpA and the
Oil & Gas Supply
10-08-2023
Italy's Saipem Wins $1 Bln Gas Service Contract In Libyan Off-Shore
Italian energy services group Saipem (SPMI.MI) on Wednesday said it had won a new contract in Libya worth around $1 billion for the development of the Bouri Gas Utilisation Project (BGUP).The contract was awarded by Mellitah Oil & Gas B.V. Libyan Bran
Oil&Gas Drilling
09-08-2023
Beach Energy Picks Former Santos COO as Its New CEO
Australian oil and gas company Beach Energy has appointed a new Managing Director and Chief Executive Officer (CEO), which will take over the reins from 21 February 2024. In the meantime, the company picked an interim CEO, as its current CEO’s t
Oil&Gas Drilling
09-08-2023
Adnoc Gas Awards $3.6bn Deal to Expand Facilities
Adnoc Gas, a world-class integrated gas processing company, on Wednesday announced the award of a $3.6 billion contract to the joint venture between National Petroleum Construction Company Co (NPCC) and Tecnicas Reunidas to expand its gas processing infra
Oil&Gas Drilling
09-08-2023
Triple Treat: TMK Proves Gas Flow From Three Wells
TMK Energy’s Lucky Fox-2 flaring its continuous gas flow. Credit: File.Perth-based TMK Energy has proven its Gurvantes XXXV coal seam gas project in Mongolia can flow gas to surface from all three of its pilot wells, with a sustained flare fed b
LNG
09-08-2023
Saipem Lays Gas Pipeline for Greece's First Offshore LNG Terminal
Pipelaying activity for Gastrade’s Alexandroupolis LNG terminal, the first offshore LNG project in Greece, has been completed.Archive; Courtesy of GastradeOn 8 August, oilfield services provider Saipem shared an update on social media stating it
Oil & Gas Supply
09-08-2023
New Fortress to Begin Operations at Mexican Floating LNG Plant in Sept
U.S. energy supplier New Fortress Energy (NFE.O) on Tuesday said it intends to start operations at the first of three planned floating LNG plants in Altamira, Mexico, in September, in the country's first production of the super-chilled gas.New For
LNG
08-08-2023
China's Zhejiang Energy Receives First Lng Cargo at New Wenzhou Terminal
Second LNG terminal to start operations in China in 2023Wenzhou terminal has LNG receiving capacity of 3 million mt/yearFourth LNG terminal in Zhejiang province key to downstream gas supplyChina's Zhejiang provincial government-controlled Zhejiang
Oil&Gas Drilling
08-08-2023
OMV Spuds Gas-Condensate Prospect With Transocean Rig
OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has started drilling an exploration well in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.Transocean Norge; Source: TransoceanThis comes after OMV secur
LNG Carrier
08-08-2023
Russian Shipyard Zvezda Launches New Arctic Ships for Oil and LNGTransport
Launch ceremony for ice-capable oil and LNG carriers at Zvezda shipyard last week. (Source: Zvezda)Construction work at the Zvezda shipyard reached the next milestone with the successful launch of an oil tanker for Rosneft and an LNG carrier for Novatek.
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