Oil

Oil & Gas Trade
More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger
Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th…
Natural Gas
Beach Energy Ignites Australian Offshore Gas Field
Independent Beach Energy has achieved first gas from its Thylacine West gas project offshore Australia, following the successful connection of the Thylacine-1 a…
Solar Power Plant
BP Completes Takeover Of Solar Power JV Lightsource BP
British oil giant BP (BP.L), said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equi…
Offshore Wind Power
Pioneering North Sea Soil Survey Helps Design New Offshore Wind Farms
In a first for the North Sea, a large-scale three-dimensional Ultra High Resolution Seismic (3D UHRS) soil survey was conducted between mid-June and late August…
Carbon Storage
‘First-of-its-kind’ Open-access Co2 Storage Concept Gets €225 Million Eu Support
UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the …
Oil & Gas Supply
Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says
Azerbaijan’s climate action plan was rated ‘critically insufficient’ by Climate Action Tracker in September.Photograph: Sergei Grits/APAzerbai…
Oil&Gas Drilling
Petro Matad Set To Start Oil Production From Heron-1 Well In Mongolia This Week
Petro Matad, a Mongolia-based oil exploration company, has announced its schedule for the commencement of oil production at the Heron-1 well within the Block XX…
LNG
I Squared Capital To Acquire Philippines Coastal Terminal
ISquared Capital has agreed to acquire Philippines Coastal Storage & Pipeline, including its affiliate entities, Keppel Infrastructure Trust, Singapore and Metr…
Oil & Gas Trade
Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure
Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…
Oil & Gas Supply
India's Diesel Consumption To Rise 3%-4% In Current Fiscal Year, Says Indian Oil Chair
A worker fills diesel in a container at a fuel station in Kolkata, India, February 1, 2018. REUTERSIndia's annual diesel consumption is expected to rise by …
Oil & Gas Trade
Top U.S. LNG Exports: China's Gas Demand Is Booming
Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive …
LNG
Brazil Mulls LNG Imports Into Early 2025 as Hydro Shrinks
Gas buyers in Brazil are inquiring about potential purchases of global shipments well into the first quarter as persistently dry weather threatens hydropower ge…
LNG
Chinese Player Entrusted With Flagship FLNG Project Unlocking ‘Stranded’ Offshore Gas Fields in Oceania
Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New EnergiesWison New Energies (WNE), a China-based provider of clean energy…
Oil&Gas Drilling
Six-Well North Sea Drilling Campaign With $690 Million Price Tag Coming up Next Year to Unleash More High-Value Barrels
Norwegian oil and gas player Vår Energi has greenlighted a final investment decision (FID) for a multi-well drilling program, which aims to develop the ne…
LNG
Vitol Inks LNG Swap Deal with China Gas
China Gas Hongda Energy Trading, a subsidiary of Chinese piped-gas operator China Gas, and energy and commodities company Vitol have signed a long-term liquefie…

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Oil

More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger

Beach Energy Ignites Australian Offshore Gas Field

BP Completes Takeover Of Solar Power JV Lightsource BP

Pioneering North Sea Soil Survey Helps Design New Offshore Wind Farms

‘First-of-its-kind’ Open-access Co2 Storage Concept Gets €225 Million Eu Support

Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says

Petro Matad Set To Start Oil Production From Heron-1 Well In Mongolia This Week

I Squared Capital To Acquire Philippines Coastal Terminal

Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure

India's Diesel Consumption To Rise 3%-4% In Current Fiscal Year, Says Indian Oil Chair

Top U.S. LNG Exports: China's Gas Demand Is Booming

Brazil Mulls LNG Imports Into Early 2025 as Hydro Shrinks

Chinese Player Entrusted With Flagship FLNG Project Unlocking ‘Stranded’ Offshore Gas Fields in Oceania

Six-Well North Sea Drilling Campaign With $690 Million Price Tag Coming up Next Year to Unleash More High-Value Barrels

Vitol Inks LNG Swap Deal with China Gas