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Oil & Gas Trade
India Hikes Windfall Tax on Petroleum Crude
The Indian government has raised its windfall tax on petroleum crude to 4,900 rupees ($59.15) a tonne from 4,600 rupees with effect from March 16, according to …
Oil&Gas Drilling
US Drillers Add Most Oil and Gas Rigs in a Week Since September - Baker Hughes
Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/Dav…
Oil Exploration
Exxon-Led Group Strikes New Oil and Gas Discovery off Guyana
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing RightsExxon Mobil (XOM.N), o…
Oil Price
Oil Prices Dip, but Set for Weekly Gain of Over 3%
A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022…
Natural Gas
BP in Talks With Venezuela and Trinidad Governments to Develop Gas Field
Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing Rights…
Oil & Gas Supply
Italy Drops Plans for $5.2 Bln Tariff to Cover Gas Storage Costs
Italy's energy authority said it had shelved plans for a tariff to cover the cost of keeping gas stockpiles full, following widespread criticism from energy…
Oil & Gas Trade
Israel's Newmed Says BP, ADNOC Buy-in Offer on Hold
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…
Natural Gas
Germany Approves Gas Agreement With Italy, Switzerland, Ministry Says
The German government has approved an agreement with Italy and Switzerland to supply gas between the countries in case of a crisis in supply, the German economy…
Oil & Gas Trade
US Slowly Replenishes Strategic Petroleum Reserve
Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/Dav…
LNG
US Asks Venture Global LNG to Justify Confidentiality of Calcasieu Filings
The U.S. Federal Energy Regulatory Commission (FERC) on Wednesday asked Venture Global LNG to explain why reports on its Calcasieu Pass LNG plant need to be kep…
Gas power stations
Britain Vows to Build New Gas Power Stations
British Prime Minister Rishi Sunak's government pledged Tuesday to build new gas-fired power stations to boost energy security, drawing criticism over his c…
Oil&Gas Drilling
US Natgas Output to Decline in 2024 While Demand Rises to Record High, EIA Says
A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S., February 10, 2019. Picture taken February 10, 2019. REUT…
Oil & Gas Trade
Oil Prices up on Strong US Demand, Fed Signals in Focus
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. REUTERS/Angus Mordant/Fi…
Oil & Gas Trade
Azerbaijan Produces Over Eight Bcm Gas in This Year
In January-February of this year, Azerbaijan produced 8.2 billion cubic meters of gas, with an increase of 240 million cubic meters, of which 4.1 billion cubic …
Oil&Gas Drilling
Asian Indie Eyes Exploitation of $100 Million per Annum Gas Discovery
Production facilities: EMP's Kangean production sharing contract in Indonesia.Photo: ENERGI MEGA PERSADAIndonesian operator Energi Mega Persada (EMP) is pre…
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