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Oil & Gas Trade
Russia Delivers First Arctic Oil To Key Ally China
Ensuring a leading position in the exploration and development of the Arctic's huge gas deposits has long been a key part of President Vladimir Putin’s overall…
Oil Field
Cooper Energy and Mitsui Commit $55M for Minerva Gas Plant Upgrade
Australia’s Cooper Energy and partner Mitsui Group have committed $55 million to upgrade the idle Minerva gas plant which will allow the supply of 16 petajoule…
Gas turbine engine
Uniper Teams with GE to Decarbonise its European Gas Assets
Global power generator Uniper will work with General Electric on a long-term goal of decarbonizing the utility’s gas-fired power plants and gas storage facilit…
Oil&Gas Drilling
Russia's Gazprom Neft and Shell Launch JV for Hydrocarbon Development
Russian oil producer Gazprom Neft (SIBN.MM) on Tuesday said it had signed an agreement with Shell (RDSa.L) to establish a joint venture to develop a large-scale…
LNG
Total, Exxon Demobilize PNG LNG Expansion Workers Due to COVID-19
Oil and gas companies Total and ExxonMobil have idled workers at the troubled Papua New Guinea LNG expansion project due to the COVID-19 pandemic, project partn…
Energy Technology
Snam, Baker Hughes Test Hydrogen Blend Turbine for Gas Networks
Baker Hughes and Italian energy infrastructure firm Snam today announced they have successfully completed testing of a hybrid hydrogen turbine designed for a ga…
Oil Field
Chevron to Take over Noble’s Cyprus Gas Field
US energy giant Chevron is taking over Noble Energy for $5 bln in an all-share deal, boosting its shale gas assets at home.
South Africa
South African LPG Association Name Change Announced
The Liquefied Petroleum Gas Safety Association of South Africa has announced its name change to Liquefied Petroleum Gas Association of South Africa.
Gas turbine engine
Doosan Heavy and Korean Utility Unveil Exportable CCGT Plant Model
Doosan Heavy Industries & Construction has taken a domestic step forward in its bid to compete in the global gas turbine market.
Hydrogen Fuel Cell
SoCalGas Begins Using Fuel Cells for Microgrid Power
Southern California Gas has started powering two of its facilities with solid oxide fuel cells made.
Iran
Iran Expected to Produce 2.7bn More Barrels of Oil from Shared Azadegan Field
Iran is expected to produce some 2.7 billion more barrels of oil amounted to dlrs one trillion, Petroleum Minister Bijan Zangeneh said on Monday.
LNG
Pilot LNG Proposes New Texas LNG Bunkering Terminal
Natural gas infrastructure specialist Pilot LNG announced on Friday a new project to construct a dedicated liquefied natural gas bunkering terminal in Texas, U.…
LNG
LNG Markets May Not Recover Until 2021
The cash margin for U.S. LNG exporters improved slightly in the second quarter, but will likely remain negative for the duration of 2020.
Oil & Gas Trade
Kuwait's Oil Sector Cancels Several Tenders & Projects to Cut Costs
Kuwait Petroleum Corporation and its subsidiaries have started to cancel a large number of unimportant tenders and contracts within the budget of the current fi…
Russian Federation
Oil Price of $40-43 per Barrel more or Less Balanced
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after the weakening …
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