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Australia
OMV Petrom, Romgaz to Invest up to $4.4 Bln to Develop Romania Gas Project
OMV said Wednesday that its 51%-owned OMV Petrom and Romgaz will jointly invest up to 4 billion euros ($4.37 billion) to develop an offshore natural-gas project…
Oil Exploration
Italy's Eni Nears $5BN Deal for Neptune Energy
Italian energy group Eni (NYSE: E) is nearing a deal to acquire oil and gas explorer Neptune Energy Group for about $5 billion, according to people familiar wit…
LNG
Japan's Mitsui Says No Plans to Exit Russia's Sakhalin-2 Lng Project
FILE PHOTO: The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru Hanai/FILE PHOTOJapanese trading house Mit…
Oil & Gas Supply
Suriname President Santokhi Wants His Country to Be Among Top Oil-Producing Countries
ARAMARIBO, Suriname, Jun 20, CMC — The third edition of the Suriname Energy, Oil and Gas Summit (SEOGS) has started here with President Chandrikapersad "Chan" …
Oil & Gas Trade
Serbia Establishes Joint Gas Company With Hungary
President Aleksandar Vučić, President Katalin Novak, Prime Ministers Ana Brnabić and Viktor Orban attended the session of the Strategic Council of Serbia and…
Oil Price
Oil Prices Drop Following China's Lowering Main Rate for LPR
Trading data indicate a slight decline in world oil prices on Tuesday morning, as markets assess the prospects for growth in demand for this type of raw materia…
Oil&Gas Drilling
Woodside Sanctions $7.2 Billion Deepwater Oil Project
Australia’s energy giant Woodside has made a final investment decision to develop a deepwater oil project in the Perdido basin in the Gulf of Mexico located 30…
LNG Carrier
Polish Briefing: Orlen's 2nd LNGTanker I Pge's Hydroelectric Power Plant I Tauron Joins Pge's Platform
A gas carrier at an LNG terminal. Picture by Polish LNGOrlen’s second gas carrier is coming to ŚwinoujścieOn June 17, a gas carrier named Grażyna Gęsi…
Natural Gas
Qatar Set to Strike Second Big Lng Supply Deal with China
FILE PHOTO: CNPC (China National Petroleum Corporation) logo and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. …
Oil&Gas Drilling
Kuwait Oil Company to Invest $43 Billion on New Oil Projects, CEO Says
Kuwait intends to expand production by nearly 200,000 barrels per day
LNG Carrier
LNG-Powered Icon of the Seas Kicks off Sea Trials
Royal Caribbean International’s first LNG-powered cruise vessel, Icon of the Seas, has left the outfitting pier from Meyer Turku shipyard situated in Turku, Fi…
Oil & Gas Supply
UK and Norway's Energy Transition Tale Spotlights Oil & Gas Electrification, Offshore Wind, CCS, and Hydrogen as Main Chapters
The global energy crisis brought financial and energy woes to Europe, ushering in the energy trilemma and enslaving the world in security, affordability, and su…
Oil&Gas Drilling
Israel Approves Gas Field Development Offshore Gaza Strip
Israel has decided that the Gaza Marine natural gas field offshore Gaza should be developed, subject to security coordination with the Palestinian Authority and…
Oil & Gas Supply
Uzbekistan to Import 2.8 Billion Cubic Meters of Russian Gas per Year
Uzbekistan will import 2.8 billion cubic meters of Russian gas per year. This is stated in the gas purchase and sale agreement concluded between UzGasTrade and …
Hydrogen Production
Shell Commits $1 Billion to Hydrogen and CCS Investments
In a significant move toward decarbonization, oil giant Shell has announced its plan to invest up to $1 billion annually in hydrogen and carbon capture and stor…
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