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LNG
BP and OMV Ink Long-Term LNG Supply Agreement
UK-headquartered energy major BP and Austria’s integrated oil and gas company OMV have signed a long-term sale and purchase agreement (SPA) for the supply…
Oil & Gas Trade
Sunak Backs New UK Oil and Gas Exploration
LONDON, July 29, 2023 (BSS/AFP) - Prime Minister Rishi Sunak has backed plans to permit new fossil fuel exploration off Britain's coast, as he pledged to be…
Hydrogen Production
RWE Creates Preconditions for Constructing a Hydrogen-Ready Gas-Fired Power Plant in Weisweiler
RWE plans to build hydrogen-ready gas-fired power plants at its own former power plant sites in Germany by 2030 to help achieve the goal of phasing out coal 203…
Oil Price
Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …
Oil & Gas Trade
With 18 Oil & Gas Projects, Worth $60.2 Billion, in the Works, Qatar Set on Upping the LNG Ante
As Qatar has 18 projects under development across the oil and gas sectors, with an estimated capital expenditure (CAPEX) of $60.2 billion, the Persian Gulf stat…
Petronas reports 6 oil and gas discoveries off Sarawak coast
Malaysia state oil company Petroliam Nasional Berhad, or Petronas, said on Monday it has made six oil and gas discoveries in five blocks off the coast of Sarawa…
Solar Panel
China's Solar-To-Hydrogen Leap: Petrochina's Ambitious Green Energy Project
In a remarkable move towards greener energy solutions, China’s largest onshore oil and gas operator, PetroChina, has secured government approval for the c…
Oil & Gas Supply
Australia's Santos Cuts Production Forecast as Quarterly Revenue Drops 29%
The logo of Australian oil and gas exploration and production company Santos is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, …
Hydrogen Project
Plug Power Scores Deal for Huge Green Hydrogen Project in Europe
It is the largest announced renewable H2 project in Europe’s oil and gas sector.Plug Power Inc. (NASDAQ: PLUG) has secured an order for 100 MW (megawatts)…
Oil & Gas Trade
Biden Admin Urged to Stop 'Fast-Tracking' Gulf Oil and Gas Reviews
A general view of a deep-water oil platform in the Gulf of Mexico off the coast of Veracruz, Mexico January 17, 2014. REUTERS/Henry RomeroSix environmental grou…
Crude Oil
Iraq Takes First Step Towards Becoming the World's Biggest Oil Producer
Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day.Theoretically, I…
LNG
Qatar Expects Record Volume of Lng Offtake Signings This Year
QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi speaks during a news conference after a signing ceremony as QatarEnergy joins TotalEnergies and…
LNG
India's HPCL Gets Bids to Lease Part of Chhara LNG Terminal
India's Hindustan Petroleum Corp Ltd (HPCL.NS) has received six or seven bids from industries to lease a part of its Chhara liquefied natural gas (LNG) impo…
Oil & Gas Trade
Iraq, Totalenergies Sign a $27 Billion Deal for Energy Projects
The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk, France, January 16, 2023. REUTE…
Net Zero
Germany's New Big Hope Against Warming—Heat Pumps
As Germany looks to a future without fossil fuels, a big white boxy appliance is generating a lively debate—and often a heated one—for its potential to replac…
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