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Oil Field
Kuwait Announces ‘Giant’ Oil Discovery
Kuwait Petroleum Corporation (KPC) said on Sunday it had made a "giant" oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil r…
Offshore Wind Power
China's CNPC, Samruk-Kazyna to Build Wind Power Plant in Kazakhstan
China National Petroleum Corporation (CNPC) and Kazakh state welfare fund Samruk-Kazyna inked a deal for the joint development of a 400 megawatt wind farm in CN…
Oil & Gas Trade
Petroleum Firms Announce $5 Billion Investment in Pakistan
A delegation of domestic and foreign petroleum and gas exploration and production companies met with Prime Minister Shehbaz Sharif in Islamabad, leading to them…
Gas Pipeline
OB3 Gas Pipeline Project to Facilitate 2.2b Gas
In yet another major step towards boosting nationwide gas supply to drive industrialisation and economic growth, the Nigerian National Petroleum Company Limited…
LNG
Totalenergies, NNPC to Invest $550 Mln in Nigeria Gas Facility, Source Says
The Nigeria National Petroleum Corporation (NNPC) headquarters are seen in Abuja, Nigeria December 5, 2017. REUTERS/Afolabi Sotunde/File Photo Purchase Licensin…
Oil&Gas Drilling
SUBSEA7 Awarded a Contract for the Bittern Field in the UK North Sea
Subsea7 S.A. has announced the award of a sizeable contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190 km eas…
Oil & Gas Trade
US Ready to Reopen Oil Stockpile if Petrol Prices Surge Again, FT Reports
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Gu…
Oil&Gas Drilling
Woodside Starts Production in Senegal's First Offshore Oil Development
The first phase of development involves production of up to 100,000 bpd.Woodside Energy Group Ltd. said Tuesday it has achieved maiden production in the Sangoma…
Oil & Gas Trade
Sinopec Unit Agrees $1.1 Bln Deal to Build Gas Pipelines for Saudi Aramco
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July …
Geothermal Power Project
Occidental, Bhe Renewables Collaborate for Geothermal Lithium Extraction in California
Announcement of joint venture between BHE Renewables and OXY (source: OXY)Hydrocarbon and petrochemical company Occidental Petroleum (OXY) has announced a joint…
Oil & Gas Trade
US Buys 3 Million Barrels of Oil for Strategic Petroleum Reserve
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo Purchas…
LNG
Woodside Gets $1 Bln in Funding for Scarborough LNG Project
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…
Oil & Gas Trade
Nigeria Targets $20BN Oil, Gas Investments – Lokpobiri
The Minister of State for Petroleum Resources (Oil) Heineken Lokpobiri has revealed that about $16.6 billion investments had been committed to Nigeria’s o…
Gas Power Stations
Utility Plans Another Gas-Fired Power Plant for North Dakota
Todd Brickhouse, CEO of Basin Electric Power Cooperative, participates in a roundtable discussion on the energy supply during the Williston Basin Petroleum Conf…
Oil & Gas Trade
India Oil Demand Driven by Consumers Rather Than Industry: Kemp
India’s oil consumption increased by 3.7 million tonnes (4.8%) in the first four months of 2024 compared with the same period in 2023, according to data f…
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