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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 Refinery
05-05-2023
Fire Extinguished at Russian Oil Refinery After Drone Attack
A drone attack set ablaze product storage facilities at one of the largest oil refineries in southern Russia, but emergency services extinguished the fire just over two hours later, and the plant was working normally, TASS news agency reported.The Ilsky r
Oil & Gas Trade
05-05-2023
Iraq’s Oil Minister Expects Northern Exports to Resume Within Two Weeks
Iraq expects to reach an agreement with the Kurdistan Regional Government (KRG) to restart oil export flows from the country's semi-autonomous Kurdistan region within two weeks, Oil Minister Hayan Abdel-Ghani said at a conference in Baghdad.Turkey
Natural Gas
04-05-2023
Chariot and Vivo Energy to Develop Gas to Industry Market in Morocco
Chariot, the Africa focused transitional energy company, has entered into a partnership agreement with Vivo Energy with the objective of creating a midstream joint venture that will oversee the distribution of natural gas to industrial customers in Morocc
Natural Gas
04-05-2023
Sasol Discovers Natural Gas in Mozambique’s Bonito-1 Exploration Well
Mozambique’s National Petroleum Institute (INP) announced that Sasol Mozambique (SMPT5-C) has made a discovery of natural gas, in sandstone rocks of Lower Grudja Formation age, following the drilling of the Bonito-1 exploration well.The well is
Natural Gas
04-05-2023
Totalenergies, Sinopec Pitched For Role in Saudi Gas Project
Saudi Arabian oil giant Aramco is in a "listening phase" on proposals from refining giant Sinopec and French oil major TotalEnergies for a slice of a shale gas development project worth about $10 billion, two sources with knowledge of the matter
LNG
03-05-2023
ADNOC and Totalenergies Enter LNG Supply Deal Worth $1.2 Billion
UAE’s ADNOC Gas has signed a three-year supply agreement with TotalEnergies Gas and Power Limited, a subsidiary of French energy giant TotalEnergies, for the export of LNG.Courtesy of ADNOC GasThe agreement, valued at about $1.2 billion under cu
Oil and Gas Equipment
28-04-2023
Profits to the Max
Sulzer Chemtech's GT-LPG Max® Licensing technology helps Hanwha TotalEnergies Petrochemical (HTC) boost its profitability and sustainabilityHanwha TotalEnergies Petrochemical (HTC)'s recent investment in Sulzer Chemtech's G
Oil and Gas Equipment
28-04-2023
Closing the Skills Gap
Sulzer educational initiatives and programs empower the next generation of engineersTraining the next generation of aspiring engineers is vital for delivering the technical innovations of the future. With rotating equipment technology commonplace in criti
Oil & Gas Trade
27-04-2023
Oil Producer Hess Beats First-Quarter Profit, Makes New Discovery in Guyana
Credit: REUTERS/DADO RUVICUpdate with details on result, Guyana discoveryApril 26 (Reuters) - Oil and gas producer Hess Corp HES.N on Wednesday beat Wall Street estimates for first-quarter profit and disclosed a new discovery at the Lancetfish-1 well in t
Oil & Gas Trade
27-04-2023
Pakistan Eyes Economic Relief From Russian Oil Imports Due in May
Delicate diplomacy, refining capacity and forex payments pose challenges
Oil Pipeline
27-04-2023
Turkmenistan to Develop Pipeline to Export Gas to Europe: President
Turkmenistan is working on developing a pipeline to export natural gas to Europe while construction of the TAPI pipeline is moving at a "high pace," the country's president, Serdar Berdimuhamedov, told an investor forum in Dubai on April
Crude Oil
27-04-2023
US Crude to Dominate Brent Oil Benchmark Under Index Change
Texas crude is set to assume a key role in the world's most important benchmark - Brent - as oil-index publisher S&P Global Platts adds US WTI Midland crude to its dated Brent oil price assessment for June deliveries.Dated Brent is a part of t
LNG
27-04-2023
Petrochina Signs LNG Deal With Malaysia’s Petronas
PetroChina International said it has signed a sales and purchase agreement with Malaysia's Petronas to buy liquefied natural gas (LNG).The deal, signed on April 17, is the pair's first medium-to-long-term LNG sales and purchase agreement,
LNG
27-04-2023
Eni Launches $5BN LNG Project in Congo
Italian energy group Eni and Congo Republic's government launched a $5 billion gas liquefaction project expected to reach a production capacity of 3 million tonnes per year in 2025.The development of the liquefied natural gas (LNG) capacity is par
Natural Gas
27-04-2023
Indigenous Australians Are Suing Pension Funds Over Santos Gas Projects
A group of Indigenous Australians filed a human rights complaint against 20 large Australian pension funds for investing in Santos two gas projects, putting pressure on the funds over their fossil fuel investment plans.Three traditional landowners, in the
Oil Price
27-04-2023
Oil Rises as Falling US Inventories Refocus Market on Demand
Oil rose after plunging more than 2 per cent in the previous session as reports of falling US crude oil and fuel inventories refocused investors on robust demand in the world's top oil consumer.Brent crude climbed by 40 cents, or 0.5 per cent, to
Natural Gas
27-04-2023
Russia to Diversify China Gas Supply Routes Away From Gazprom
Russia is considering supplying natural gas to China by a pipeline from companies other than Kremlin-controlled Gazprom, which currently has the monopoly for Russian pipeline gas exports, an Energy Ministry official said.Artem Verkhov, head of Russia&
Natural Gas
26-04-2023
Tourmaline, Clean Energy Partner to Build CNG Stations in Canada
Tourmaline Oil Corp. and Clean Energy Fuels Corp. on April 18 a $70 million joint development agreement to build and operate a network of compressed natural gas (CNG) stations along key highway corridors across Western Canada. Through their 50-50 shared i
Oil and Gas Equipment
26-04-2023
Pumping Test in Bochum Oil Dynamics Performs Successfully
The innovative, energy-saving fifth generation of heating and cooling supply can be realized. The required pumping test was successful.Around 70 to 75 percent of the heating and cooling requirements of the companies and research facilities on the new MARK
Oil Exploration
25-04-2023
UK Oil & Gas Operators Facing ‘Biggest Offshore Stoppage in a Generation,’ as Offshore Workers Down Tools
With the wave of industrial action gathering momentum, the UK’s Unite the union has confirmed that 1,300 offshore workers will embark on a historic 48-hour stoppage on dozens of offshore platforms on the United Kingdom Continental Shelf (UKCS),
Oil Exploration
25-04-2023
Deepocean’s Autonomous Inspection Drone Set to Hit the Water
DeepOcean has mobilized its first Autonomous Inspection Drone (AID), said to be able to unlock substantial cost savings for offshore wind and oil & gas operators.Source: DeepOceanThe project is a strategic partnership between DeepOcean, Argus Remote S
Oil Exploration
25-04-2023
James Fisher Subtech Busy With Fifth ‘Major’ Contract With BP
James Fisher Subtech (JF Subtech) is carrying out its fifth major contract with BP and foreshore terminal underwater inspection services at the oil & gas major’s import terminal in the South East of England.Source: James Fisher SubtechThe ta
Oil Exploration
25-04-2023
Dril-Quip Subsea Trees in Place at Woodside’s Gulf of Mexico Field
U.S. manufacturer of drilling and production equipment Dril-Quip has completed the installation of subsea trees at a Woodside-operated oil and gas field in the U.S. Gulf of Mexico.In a statement issued on 21 April, Dril-Quip announced the installation and
Oil Shale
25-04-2023
US Shale Industry Wages Set to Grow as Companies Boost Output
Higher production in oil-rich Permian Basin is expected to add 7,000 jobs by the end of next year
Oil Price
25-04-2023
Oil Dips on Concerns Further Interest Rate Increases May Dampen Crude Demand
Crude futures last week recorded their first weekly loss since March
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Most views from Oil & Gas
1
Top U.S. LNG Exports: China's Gas Demand Is Booming
2
Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal
3
TC Energy Has Submitted Plan To Restart Keystone Oil Pipeline After Spill - Source
4
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
5
Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
6
U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
