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United States
Shell To Acquire 609mw CCGT Power Plant Owner RISEC In US
Shell to buy a 609MW CCGT power plant in the US. (Credit: Jason Mavrommatis on Unsplash)Shell Energy North America (SENA), a subsidiary of Shell, has agreed to …
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…
Hydrogen Project
Germany Approves $20.5 Billion Hydrogen Push
Germany’s government has approved plans for the development of a hydrogen network that would cost 19 billion euros, equivalent to $20.5 billion.The plan w…
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…
Oil Field
Chinese Giant Brings Another Oil Development Project Online in South China Sea
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has started production from an oilfield development project in the South C…
Oil Field
EnQuest, Seascape Secure Stakes in DEWA Complex Cluster, Malaysia
EnQuest and Seascape Energy have been granted participating interests in a small field asset production sharing contract (SFA PSC) for the DEWA Complex Cluster,…
Oil & Gas Trade
Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal
Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil , opens new tab, the cou…
Hydrogen Production
Spain’s Enagas Cuts Debt as It Prepares for Hydrogen Investments
Spanish gas grid operator Enagas (ENAG.MC), said on Tuesday its net debt was on track to reach its lowest since 2008 as it prepared to invest billions of euros …
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