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Oil Price
Record US Oil and Gas Production Keeps Prices Under Pressure
Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Purchase Licensing RightsU.…
Oil&Gas Drilling
Mubadala Working on Expanding Gas Production at Malaysia's Pegaga Field -Exec
Mubadala Energy is working on expanding production capacity at the Pegaga gas field off the coast of Sarawak, Malaysia, Chief Operating Officer Stefano Raciti s…
Oil & Gas Trade
Qatar Plans New Gas Output Boost Amid Global Price Collapse
Model of LNG tanker is seen in front of Qatar's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/File Photo Purchase Licensing RightsQatar w…
Oil&Gas Drilling
Exxon Considering Guyana Offshore Gas Production After 2029
A man walks near Exxon Mobil Corp.'s headquarters in Georgetown, Guyana, June 29, 2023. REUTERS/Sabrina Valle Purchase Licensing RightsAn Exxon Mobil-led co…
Oil & Gas Trade
BP, ADNOC to Form Gas JV in Egypt
Abu Dhabi National Oil Co. (Adnoc) and BP P.L.C. have agreed to form a joint venture (JV) for natural gas production in Egypt, the two companies said.The agreem…
Oil & Gas Trade
Exxon Beats Estimates, Ends 2023 With a $36 Billion Profit
Exxon Mobil (XOM.N), opens new tab on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas productio…
Oil & Gas Trade
China's 2023 Oil and Gas Output Hits Record High 390 Mil MT Oil Equivalent
China's combined oil and gas production hit a record high of more than 390 million mt of oil equivalent in 2023, representing an average annual growth rate …
Oil&Gas Drilling
ONGC Initiates Oil Production From Its Deep-Water Asset
ONGC announces the successful commencement of First Oil from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal.This 98/2 project is like…
Oil&Gas Drilling
Kazakhstan Starts Gas Production at Rozhkovskoye Field
Photo credit: primeminister.kzWest Kazakhstan’s major gas condensate field Rozhkovskoye was put into operation with Prime Minister Alikhan Smailov partici…
Oil and Gas Equipment
China's Largest Gas Storage Facility Creates Daily Extraction Record
China's largest gas storage facility Hutubi extracted a record 38 million cubic meters of natural gas on Saturday, as part of efforts to increase gas produc…
Natural Gas
Large Natural Gas Production Area Set Up in SW China
The annual output of natural gas of Petro China Southwest Oil & Gasfield Company in Sichuan Province exceeded 40 billion cubic meters at 9 a.m. on Thursday, est…
Offshore Wind Power
NY Launches Offshore Wind Solicitation as It Strives to Meet Green Goals
Wind turbines operate at sunrise in the Permian Basin oil and natural gas production area in Big Spring, Texas, U.S., February 12, 2019. Picture taken February …
Electricity Transmission
U.S. Renewable, Grid Battery Projects Battle Transformer Shortage
Wind turbines operate at sunrise in the Permian Basin oil and natural gas production area in Big Spring, Texas, U.S., February 12, 2019. REUTERS/Nick Oxford/Fil…
Natural Gas
Sulzer Technology Enables Circular Gas Production Plant in the Alps
Sulzer’s mass transfer technologies are being leveraged by Messer, the world's largest privately owned industrial gas specialist, in collaboration with a manuf…
Oil&Gas Drilling
US Oil Output Hits Record as Producers Boost Drilling Efficiency
A drilling rig operates in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. Picture taken February 10, …
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