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Oil & Gas Trade
Totalenergies Initiates Force Majeure on Russia's Arctic LNG 2
A concrete gravity-based structure (GBS) of Arctic LNG 2 joint venture is seen under construction in a dry dock of the LNG Construction center near the settleme…
United Kingdom
Shell to Exit Nigeria's Troubled Onshore Oil After Nearly a Century
Shell (SHEL.L), opens new tab is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a…
Oil & Gas Trade
US Oil Output Due to Drop in February for 5th Straight Month, EIA Says
U.S. oil output from top shale-producing regions is due to decline in February for the fifth consecutive month, the U.S. Energy Information Administration (EIA)…
Oil & Gas Trade
Exxon to Buy Another 1.2 Mln Tonnes of LNG per Annum From Mexico Pacific
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/F…
Oil & Gas Trade
China to Boost January Diesel, Jet Fuel Exports, Add to Global Supply
A worker stands next to a shipping container area in Shanghai Yangshan port December 7, 2011.REUTERS/Aly Song/File Photo Acquire Licensing Rights, opens new tab…
LNG
Trafigura Seals Long-Term LNG Deal With Canada's Largest Natural Gas Producer
Commodities trading group Trafigura has inked a long-term LNG agreement with Canada’s largest natural gas producer Tourmaline, marking the first time the …
Oil & Gas Trade
New York-Listed Player Snaps up Gulf of Mexico-Focused Oil and Gas Producer for $1.29 Billion
New York-listed Talos Energy has inked an agreement to acquire compatriot QuarterNorth Energy in a $1.29 billion deal, potentially widening its deep-water asset…
Oil & Gas Trade
TotalEnergies Will Take FID On Ubeta Gas Project In 2024 – MD
The Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer has reconfirmed that the company would take the final investment …
Electric Vehicles
BMW Declares 'Tipping Point' in Shift From Gas-Powered Cars to EVs as Sales Heat Up
BMW has crossed the tipping point as the automaker shifts from gas-powered vehicles to EVs. According to BMW’s CFO, from here on out, most of its growth w…
Oil & Gas Trade
Talos Energy to Acquire Quarternorth Energy for $1.29 Bln
Oil and gas company Talos Energy (TALO.N) said on Monday it will acquire privately held QuarterNorth Energy in a $1.29 billion cash and stock deal to bolster it…
LNG
Texas LNG Concludes Preliminary LNG Supply Deal With EQT
Glenfarne Energy Transition’s subsidiary Texas LNG Brownsville has signed a heads of agreement (HOA) with Pittsburgh-based EQT Corporation for natural gas…
LNG
Inpex To Increase Stake in Ichthys LNG Project
Japan’s energy company Inpex Corporation is planning to enter into an agreement with Tokyo Gas in relation to the acquisition of the participating interes…
LNG Carrier
Qatarenergy Linked to $2.4 Billion Deal for 8 Q-Max LNG Carriers, Set To Be World's Largest
Qatar’s LNG heavyweight QatarEnergy has sealed a contract with Chinese shipbuilder CSSC Hudong Zhonghua shipbuilding for the construction of eight Q-Max u…
Solar Power Plant
50MW Solar Farm Approved on Former Coal Mining Site in Durham
ByZachary ViscontiPosted on January 14, 2024Toyota has had a long history of speaking out against an all-out transition to electric vehicles (EVs), continually …
Electric Vehicles
Toyota Highlights Gas Engine Project as 'Practical' Path to Carbon Neutrality
Toyota has had a long history of speaking out against an all-out transition to electric vehicles (EVs), continually pointing to hydrogen technology and continue…
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