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LNG
Vår Energi Enters Long-Term Gas Deal with VNG
Vår Energi will supply up to 5 Bcm to Germany’s VNG Handel & Vertrieb between 2024 and 2036.Their commercial arrangement started in the early 1990s.Vår Energ…
Oil&Gas Drilling
FG Offers 17 New Oil Blocks for Bidding
The Federal Government, on Tuesday, announced the addition of 17 deep offshore oil blocks to the 2024 Licensing Round for oil fields in Nigeria.Recall that some…
Oil & Gas Supply
Ivory Coast Expects Threefold Oil Output Increase by 2027
Ivory Coast's President Alassane Ouattara speaks during the parliament congress in Abidjan, Ivory Coast June 18, 2024. REUTERS/Luc Gnago Purchase Licensing …
Oil & Gas Trade
Venezuela Mulls Proposal to Extend PDVSA-Chevron Oil Joint Venture Through 2047
Boards outside PDVSA headquarters are pictured, during a news conference on the Chevron deal in Caracas, Venezuela, December 2, 2022. REUTERS/Leonardo Fernandez…
Oil&Gas Drilling
SUBSEA7 Awarded a Contract for the Bittern Field in the UK North Sea
Subsea7 S.A. has announced the award of a sizeable contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190 km eas…
Oil & Gas Supply
Report: Russia Overtook US as Gas Supplier to Europe in May
A view shows gas wells at Bovanenkovo gas field owned by Gazprom on the Arctic Yamal peninsula, Russia. (File photo: Reuters)Europe’s gas imports from Rus…
Green Hydrogen
Totalenergies and Air Products Ink 15-Year Green Hydrogen Supply Deal
French energy major TotalEnergies and U.S. industrial gases supplier Air Products have signed a 15-year agreement for the annual supply of 70,000 tons of green …
Oil & Gas Trade
US Ready to Reopen Oil Stockpile if Petrol Prices Surge Again, FT Reports
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Gu…
Oil & Gas Trade
UK's Sound Energy PLC Sells Moroccan Gas Assets to Managem
UK gas company Sound Energy PLC (SOU.L), opens new tab sold its subsidiary, Sound Energy Morocco East Limited, to Morocco's largest mining company, Managem,…
Oil Field
Iran to Sign Contracts Worth $2 BN Over Developing Oil Fields
TEHRAN, Jun. 16 (MNA) – CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr says that Iran is scheduled to sign over %2 billion worth of …
Renewable Energy
Japan Could Be Energy-Independent by 2060 Thanks to Renewables, Rystad Energy CEO Says
Jarand Rystad, chief executive of Rystad Energy, poses for a picture during an interview with Reuters, in Tokyo, Japan June 5, 2024. REUTERS/Katya Golubkova Pur…
Hydrogen Storage
EGAT and Big Collaborate on Hydrogen Storage and Transport Tech Development
This will support EGAT’s Hydrogen Blending Demonstration Project.The Electricity Generating Authority of Thailand (EGAT) partnered with Bangkok Industrial…
Gas Power Stations
Iltekno Installs First Gas Engine-Powered Cogeneration System in Uzbekistan
The project used a TCG 2032 genset that has 4,500 kilowatt electricity output.Turkish engineering, procurement, and construction contractor Iltekno announced it…
Oil & Gas Trade
Nextdecade, Saudi Aramco Sign 20-Year LNG Supply Deal
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Purchase Licensing RightsU.S. liqu…
Oil & Gas Supply
Russia's Oil Output Exceeded OPEC+ Quotas in May, Pledges to Meet Obligations
A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo…
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