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LNG
LNG Outage Exacerbates Supply Woes Amid Asian Restocking, Firm European Demand
If the tightening gas supply situation in the light of the Russia-Ukraine war was not enough to roil the LNG markets globally, the shutdown of the Freeport LNG …
Oil&Gas Drilling
Biden: “Exxon Made More Money Than God This Year”
The US President has slammed the oil sector over huge profits amid the energy crisis.
LNG
Ukraine Signs Deal to Buy LNG, Green Hydrogen From Quebec
Ukrainian state oil and gas company Naftogaz has announced a deal to buy liquefied natural gas (LNG) and green hydrogen from Quebec, beginning in just five year…
Oil & Gas Supply
South Korea Asks UAE for Stable Oil, Gas Supply
They are gearing up for energy and tech cooperation.
LNG
Oman’s LNG Output Surges to a Record 10.6 Million Tonnes in 2021
State-backed company's revenue rose to $3bn amid recovery of global energy markets
LNG
France’s TotalEnergies Signs Deal to Develop Giant Gas Field in Qatar
State-owned QatarEnergy will hold 75% stake in the North Field East project
Oil Price
Boris – Fuel Prices to Remain High for a While to Come
The plan to boost offshore wind and nuclear will be “immensely beneficial” for Britons, the Prime Minister has said.
Natural Gas
Petroecuador Opens Tenders for Offshore Field, Refinery Modernization
Ecuadorean state-run oil company Petroecuador on Thursday announced two auctions, hoping to attract private company bids for a flagship offshore natural gas fie…
Oil & Gas Supply
Exxon Passes $100 Mark for First Time Since 2014
ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen o…
LNG
U.S. Natural Gas Prices Drop After Explosion at Freeport LNG Terminal
An explosion at a liquefied natural gas (LNG) export terminal in Texas has sent natural gas prices downward as emergency crews respond and details continue to f…
Oil Price
Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems
Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down.
Oil & Gas Supply
Can Africa Offer an Alternative to Russian Gas?
Nigeria has an estimated 200 trillion cubic feet of gas, enough to make it a potential supplier to regions such as Europe
LNG
Qatar Picks Exxon, Total, Shell, Conoco for Mega-LNG Expansion
Qatar has picked Exxon Mobil Corp , TotalEnergies SE, Royal Dutch Shell and ConocoPhillips as partners in the expansion of the world's largest liquefied natural…
LNG
Shell to Work With Japanese Customers on Decarbonising LNG Value Chain
Shell, Tokyo Gas, and Osaka Gas sign two MOUs to explore decarbonisation opportunities
CNPC
Chinese Giant Signs Deal for Brazil Pre-salt Oil Transshipment Operations
PetroChina to use Acu port facility for logistics operations
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