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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
Natural Gas
19-04-2023
IIGCC Releases Guide to Gauge Oil, Gas Transition Plans
The Institutional Investors Group on Climate Change (IIGCC) has released an assessment framework for investors on how to measure if transition plans from oil and gas companies align with net zero targets or with a 1.5°C limit on global warming.The
Oil Price
18-04-2023
China to Raise Gasoline, Diesel Retail Prices
China will raise the retail prices of gasoline and diesel from Tuesday, based on the recent rise in international oil prices.Gasoline and diesel prices will go up by 550 yuan (about 80 U.S. dollars) per tonne and 525 yuan per tonne, respectively, the Nati
Crude Oil
18-04-2023
UK Oil & Gas Firm Gets More Time for Acquisition of North Sea Discovery
UK-headquartered oil and gas company Quattro Energy Limited has experienced a delay in the acquisition of United Oil & Gas’ license in the Central North Sea, which includes an existing hydrocarbon discovery.Illustration; Source: United Oil &
Natural Gas
18-04-2023
Qatarenergy and Namibia’s Ministry Ink Deal for Energy Cooperation
Qatar’s state-owned energy giant QatarEnergy and Namibia’s Ministry of Mines and Energy have signed a Memorandum of Understanding (MoU) with the aim of strengthening cooperation in the energy sector.Source: QatarEnergyThe MoU, said to
Natural Gas
18-04-2023
India’s Nse to Begin Crude, Gas Futures Trading in May
India's National Stock Exchange (NSE) is set to begin trading of rupee-denominated Nymex WTI crude oil and Henry Hub natural gas futures contracts in its commodity derivatives segment from 15 May.The exchange received approval last month from the
Natural Gas
18-04-2023
GE Natural Gas Turbine Bound for Brazil’s Eneva
General Electric (GE) will provide Brazilian energy company Eneva with a second natural gas turbine.Eneva is expanding its Azulao II power plant in northern Amazonas state. The new turbine will add 590MW to the plant, which is expected to be operational i
Crude Oil
18-04-2023
Oil Prices Steady Amid Expectations of Tight Crude Supply
Investors will be closely watching Chinese economic data this week
LNG
18-04-2023
Svanehøj Acquires Us-Based LNG Specialist
With its third company acquisition in just over two years, marine pump specialist Svanehøj continues to expand its service solution business. This time by taking over California-based Complete Cryogenic Services, a specialist in service and ove
Natural Gas
17-04-2023
G7 Interview: US Sees Need for New Gas Investments in Light of Russia War, Tight Market
The world "absolutely" needs new gas investment while Russia's war in Ukraine keeps supply risks high, US Assistant Energy Secretary Andrew Light said April 16 as G7 leaders adopted an agreement acknowledging a role for gas over objectio
Oil & Gas Supply
17-04-2023
BP Cheers First Oil From Its New Deepwater Gulf of Mexico Platform
UK-headquartered energy giant BP has kicked off oil production from its fifth operated production platform in the U.S. Gulf of Mexico and the first new one since 2008 when Thunder Horse came online. This platform is the crown jewel in the project bestowin
Crude Oil
17-04-2023
Coast Guard Medevacs Oil Tanker Captain off Alabama
The U.S. Coast Guard (USCG) has performed an evacuation via helicopter of a 69-year-old captain from an oil tanker, owned by ASC Leasing IX Inc. and operated by OSG Ship Management, 218 miles offshore Alabama.Overseas Anacortes oil tanker; Source: OSGThe
Oil&Gas Drilling
17-04-2023
COSL Rig Getting Ready for Its Gig off Kuwait
A rig, which is destined to work on a drilling campaign offshore Kuwait, is preparing for its assignment at a Chinese yard. The rig is slated to depart for Kuwait in two months.Oriental Dragon jack-up rig; Source: Saga DrillingScana-owned PSW Technology r
Oil&Gas Drilling
17-04-2023
Green Light for Wintershall Dea to Kick off Drilling Ops With Transocean Rig
Germany’s oil and gas company Wintershall Dea has received consent from the country’s offshore safety regulator for exploration drilling in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.Transocean Norge;
Oil&Gas Drilling
17-04-2023
The Increasing Number of Oil and Gas Exploration and Production Activities Are Increasing Demand for Oilwell Completion Tools Market
Drilling for Success: Key Drivers Fueling the Growth of the Oilwell Completion Tools MarketThe Growing Importance of Artificial Lift Systems: Artificial Lift Systems (ALS) are becoming increasingly important in the oil and gas industry, as they help in in
Energy Security
13-04-2023
Fire Breaks Out at Offshore Oil Platform, Leaving Four Injured
UK-headquartered oil and gas exploration and production company Trinity Exploration & Production plc has confirmed that a fire broke out on one of its platforms at an oil field offshore Trinidad. As a result, the production has been halted until repai
LNG Carrier
13-04-2023
Philippines Receives First LNG Cargo
The Philippines is receiving its first LNG delivery to the AG&P-led Philippines LNG (PHLNG) import terminal in Batangas from the Vitol-chartered 162,000m³ Golar Glacier.The Golar Glacier came alongside the 138,000m³ Ish floating stor
Natural Gas
13-04-2023
Qatarenergy Adds Sinopec to LNG Expansion: Correction
Clarifies the size of Sinopec's stakeState-owned QatarEnergy (QE) has agreed to transfer a small stake in its 32mn t/yr North Field East (NFE) LNG expansion project to Chinese state-controlled Sinopec."The agreement marks the entry of Sinopec
Natural Gas
13-04-2023
Rig Spuds Fifth Well in Black Sea Drilling Campaign
Canada’s oil and gas player Trillion Energy has started drilling the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.Uranus rig; Source: Trillion EnergyTrillion Energy announ
Oil & Gas Supply
13-04-2023
Guyana Extends Deadline for First Oil Block Bids
Growing oil producer Guyana has extended the deadline for bids in its first competitive auction for offshore blocks by three months to 15 July, the natural resources ministry said today.The ministry launched the auction on 9 December 2022 and had set 14 A
Crude Oil
13-04-2023
Oil Production Cuts to Tighten Market From May and Boost Prices, UBS Says
Drop in crude inventories and supply disruption from northern Iraq of almost 500,000 barrel per day also a factorAn oil field in Russia, which said the 500,000 bpd cut it was implementing from March to June would continue until the end of the year.he volu
Oil Price
12-04-2023
Oil Prices Stable After Recent Gain Amid Tight Market
Crude remains steady as investors await latest economic data due this week
Oil & Gas Supply
12-04-2023
Oil production cuts to tighten market from May and boost prices, UBS says
Drop in crude inventories and supply disruption from northern Iraq of almost 500,000 barrel per day also a factor
Natural Gas
12-04-2023
Angolan Oil and Gas Minister Received in Namibia
H.E. Diamantino Azevedo, Angola’s Minister of Mineral Resources, Oil and Gas, met with his Namibian counterpart, H.E. Tom Alweendo, last Thursday as part of an official state visit to Windhoek last week. At the invitation of H.E. Minister Al
Natural Gas
11-04-2023
WLPGA Asia Regional Summit 2023
WLPGA Asia Regional Summit – Bangladesh 2023, hosted by The World LPG Association, is the biggest gathering of LPG industry leaders from across the Asia region, who come together to discuss pressing issues affecting their businesses in today&
Natural Gas
11-04-2023
Totalenergies Moves Forward With Iraq’s Gas Growth Integrated Project
TotalEnergies has issued a release stating it will proceed with the Gas Growth Integrated Project (GIPP) in Iraq. While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have, thro
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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
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Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
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U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
