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Oil & Gas Trade
Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…
Oil & Gas Trade
Libya’s NOC Denies It Is in Talks to Supply Crude Oil to Nigeria
Libya's National Oil Corporation (NOC) on Sunday denied holding negotiations to supply crude oil to a refinery in Nigeria.A senior executive with Nigeria…
Oil&Gas Drilling
US Oil/Gas Rig Count Rises in July in Biggest Monthly Hike Since Nov 2022 - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a second week in a row, boosting the monthly count by the most since November 2022, energy servic…
Oil & Gas Trade
Mexico’s Pemex Swings to $14 Bln Quarterly Loss on Lower Sales, Currency Losses
Mexico's state-owned oil company Pemex swung to a 256 billion peso ($14 billion) second-quarter net loss on Friday, red ink the energy giant chalked up to l…
Ammonia
Saipem Sees Business Opportunities in Green Ammonia and Offshore Wind Power
Saipem, an energy company traditionally focused on oil and gas contracts, sees business opportunities in low-carbon areas such as green ammonia and offshore win…
Oil & Gas Trade
Exxon Mobil, CF Industries sign carbon capture and storage deal
Energy major Exxon Mobil (XOM.N), opens new tab said on Thursday it has entered into a carbon capture and storage (CCS) agreement with ammonia producer CF Indus…
Oil & Gas Trade
Canada’s Pieridae Energy Shuts-in Production Amid Low Natgas Prices
Canadian energy company Pieridae Energy (PEA.TO), opens new tab said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day …
Oil & Gas Trade
Texas LNG and EQT Sign 20-Year Agreement for Gas Liquefaction Services
Texas LNG is a planned export facility in the Port of Brownsville, Texas. Credit: Nadja1/Shutterstock.Texas LNG Brownsville (Texas LNG), operated by Glenfarne E…
RNG
Viridi Energy Signs 20-Year Deal to Supply RNG to ÉNergi
Viridi will supply the RNG from plants in Brunswick, Marathon County and Bethlehem. Credit: Quality Stock Arts/Shutterstock.Viridi Energy, an RNG producer, has …
Oil & Gas Trade
With First FLNG Unit Online, US Player Gets Hold of $700 Million Loan to Build Second One
U.S. energy infrastructure player New Fortress Energy (NFE) has secured a $700 million loan to cover its construction costs for a second floating liquefied natu…
Oil & Gas Trade
Totalenergies Q2 Earnings Fall 6% on Weaker Refined Products and Gas Sales
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. …
Crude Oil
Oil Prices Rise as US Crude and Fuel Inventories Seen Shrinking
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/file photo Purchase Licensing RightsFalling U.S. cr…
Oil & Gas Trade
Ocyan Bags $134M Petrobras Service Deal on Buzios Field
Brazilian offshore service provider Ocyan, part of US-based institutional investor EIG, has signed a contract with Petrobras reportedly worth around 750 million…
Oil & Gas Trade
Indonesia Seeks Russian Oil for the First Time in Years, Sources Say
A view of state-owned oil giant Pertamina's refinery unit IV in Cilacap, Central Java, Indonesia, January 13, 2016. REUTERS/Darren Whiteside/File Photo Purc…
Oil & Gas Trade
Energean to Invest $1.2 Bln to Develop Israel Katlan Gas Project
A file photo of London-based Energean’s drill ship drilling at the Karish natural gas field offshore Israel in the east Mediterranean May 9, 2022. REUTERS…
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