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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
09-10-2024
East Timor Talked With Sinopec, Other Chinese Firms Over Stalled Multi-Billion Gas Project, President Says
East Timor’s President Jose Ramos Horta addresses the National Press Club in Canberra, Australia, October 9, 2024. AAP Image/Mick Tsikas via REUTERS Purchase Licensing RightsEast Timor has talked with Chinese firms including state-owned Sinopec
Oil Shale
09-10-2024
Cryptominer MARA Taps US Shale Patch in New Power Generation Project
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen/File Photo Purchase Licensing RightsMARA Holdings Inc. (MARA.O),,the world's largest publicly traded bitcoin mi
Oil & Gas Trade
09-10-2024
CNOOC’s Bozhong 19-2 Oilfield Project Starts Production
Photo from CNOOCIt is expected to reach a peak production of 18,800 barrels.China National Offshore Oil Corporation (CNOOC) has commenced production at its Bozhong 19-2 Oilfield Development Project.According to the company, the project is expected to achi
Oil & Gas Trade
09-10-2024
QatarEnergy Signs 20-year Naphtha Supply Deal with Shell
Shell's logo is seen at a fuel station in Saint Petersburg, Russia, May 6, 2022. REUTERS/Anton Vaganov/File Photo Purchase Licensing RightsQatarEnergy has entered into a long-term naphtha supply agreement with Shell (SHEL.L), supplying up to 18 mi
Oil & Gas Trade
08-10-2024
Shell’s Third-Quarter Refining Margins Drop Sharply
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsShell's (SHEL.L), opens new tab refining profit margins dropped by nearly 30% in the third quarter f
Oil & Gas Trade
08-10-2024
Exclusive: BP Abandons Goal to Cut Oil Output, Resets Strategy
Vehicles drive past a BP petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing RightsBP (BP.L), opens new tab has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back
LNG
08-10-2024
Italy’s ENI in Talks With Japan on Supplying LNG, Executive Says
File Photo: The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi/File Photo Purchase Licensing RightsItalian energy company Eni (ENI.MI), opens new tab is in talks with Japan on supp
LNG
08-10-2024
Japan Expands LNG Flexibility via Cooperation With South Korea, Italy
Japan has agreed on Sunday to study cooperating with South Korea and Italy on procurement of liquefied natural gas (LNG) as the world's second-biggest LNG importer after China seeks greater flexibility while strengthening its energy security.JERA,
Oil & Gas Supply
29-09-2024
Death Toll in Russia Petrol Station Blast Rises to 13
Makhachkala, Dagestan, Russia September 27, 2024. Russian Emergencies Ministry/Handout via REUTERS Purchase Licensing RightsThe death toll from an explosion at a petrol station in Dagestan in Russia's Caspian Sea region has risen to 13, including
Oil & Gas Trade
29-09-2024
Exxon Director Joins Elliott Group Seeking to Acquire Citgo Petroleum
A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo Purchase Licensing RightsExxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-b
LNG
27-09-2024
Mitsubishi Expands Stake in Giant Malaysia LNG
Japanese trading house Mitsubishi (8058.T), opens new tab said on Friday it would expand its ownership in a major liquefied natural gas project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.Operated by Malaysian sta
LNG
27-09-2024
China to start up Guangdong LNG terminal, ExxonMobil has 20-yr access
China's Guangdong Energy Group is expected to start commercial operation of a new LNG receiving terminal in south China next week which U.S. major ExxonMobil has agreed to use under a 20-year agreement, two industry sources told Reuters on Thursda
United States
27-09-2024
Shale producer Validus to buy Citizen Energy in deal worth over $2 billion, sources say
A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013. REUTERS/Lucy Nicholson Purchase Licensing RightsPrivately held oil and gas producer Validus Energy has struck a deal to buy rival Citizen Energy for more than $2 billi
Oil Price
27-09-2024
Oil prices slide 3% on prospect of more OPEC+ oil
A view shows Atyrau Oil Refinery owned by Kazakhstan's state energy company KazMunayGas in the city of Atyrau, Kazakhstan, November 15, 2023. REUTERS/Turar Kazangapov/File Photo Purchase Licensing RightsOil prices fell more than 3% on Thursday on
Oil&Gas Drilling
27-09-2024
Brazil’s Petrobras to Pump Natural Gas From Reopened Offshore Well
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchase Licensing RightsBrazilian oil giant Petrobras (PETR4.SA), opens new tab is set to reopen
LNG
27-09-2024
Japan's Mitsubishi to acquire stake in Petronas LNG plant, Nikkei reports
The logo of Mitsubishi Corporation is displayed at the entrance of the company headquarters building in Tokyo, Japan, April 26, 2016. REUTERS/Issei Kato/File Photo Purchase Licensing RightsJapanese conglomerate Mitsubishi (8058.T), opens new tab will acqu
Oil&Gas Drilling
27-09-2024
Texas approves plan to boost oil and gas drillers' power grid access
The sun sets behind power lines above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas Jackson/File Photo Purchase Licensing RightsA Texas commission unanimously on Thursday approved the Permian Basin Reliability Plan, which is des
Natural Gas
26-09-2024
Bolivia’s Gas Exports to Argentina Ended in September, State-run Firm Confirms
People work during the construction of the Nestor Kirchner gas pipeline in Macachin, La Pampa, Argentina April 26, 2023. REUTERS/Martin Cossarini/File Photo Purchase Licensing RightsNatural gas exports from Bolivia to Argentina have come to an end after a
Energy Investment
26-09-2024
Trinidad Selects Shell as Preferred Bidder for Shallow Water Block, Sources Say
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsTrinidad and Tobago selected oil and gas producer Shell (SHEL.L), opens new tab as the preferred bidder for
Oil & Gas Trade
24-09-2024
Petrobras Wants a 40% Stake in Galp’s Mega Oil Block in Namibia, Director Says
Brazil?s state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchase Licensing RightsBrazil's Petrobras (PETR4.SA), opens new tab is expected to seek the enti
Oil & Gas Trade
24-09-2024
FTC Set to Greenlight Chevron’s $53 Bln Buy of Oil Rival Hess, Sources Say
Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoPurchase LicensingRightsThe U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's (CVX.N), opens
Oil & Gas Trade
23-09-2024
OGDCL, Chinese Co Sign MoU on Shale, Tight Gas Exploration
ISLAMABAD: In a significant development, during the ongoing 8th Silk Road International Expo for investment and trade forum in Xian, Shaaxi province China, an MOU is signed between OGDCL the flagship E&P company of Pakistan and CCDC, the major player
Oil & Gas Supply
23-09-2024
Shell to Shut Production at Two Oil Facilities in Gulf of Mexico
Shell will shut production at its Stones and Appomattox facilities in the Gulf of Mexicoprecautionary measure in response to a tropical disturbancehas begun evacuating non-essential personnel from its assets in the Mars CorridorThe latest from the U.S. Na
LNG
23-09-2024
South Africa’s Eskom, Sasol Agree to Explore LNG Options
Electricity pylons are seen near cooling towers of South African petrochemical company Sasol's synthetic fuel plant in Secunda, north of Johannesburg, South Africa, May 20, 2018. REUTERS/Siphiwe Sibeko/File Photo Purchase Licensing RightsSouth Afr
Oil & Gas Trade
21-09-2024
French-US Pair Bag Over $1 Billion for Revamp Project to Bring America’s LNG Import Terminal New Lease on Life as Large Export Facilities
The KTJV joint venture between France’s engineering company Technip Energies and the U.S. science, technology, and engineering player KBR has been put in charge of repurposing a liquefied natural gas (LNG) import and regasification terminal, loc
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Top U.S. LNG Exports: China's Gas Demand Is Booming
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IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
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Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
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Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says
