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Oil&Gas Drilling
ONGC Initiates Oil Production From Its Deep-Water Asset
ONGC announces the successful commencement of First Oil from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal.This 98/2 project is like…
India
Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output
Picture: REUTERSNew Delhi — Oil prices fell more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worri…
Oil Field
India Inks Contracts for 13 Hydrocarbon Blocks
India signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.India’s Petroleum and Natural Gas Ministry has signed contracts …
PowerGrid Technology
Japan to Transfer Batch of Power Equipment to Ukraine
Japan will transfer seven high-voltage autotransformers and five gas turbines to Ukraine.This was announced by the Ukrainian Ministry of Energy following a meet…
LNG
Vitol Inks 10-Year LNG Supply Deal With Gail India
Vitol will supply GAIL (India) Limited with approximately one million metric tons of liquefied natural gas (LNG) per annum for 10 years beginning in 2026.Vitol …
Natural Gas
TMK ups Mongolian Gas Flow by 335 per Cent
Production at TMK Energy’s flagship Mongolian coal seam gas pilot project, Gurvantes XXXV, flourished through to the end of 2023, with the company recordi…
Oil&Gas Drilling
Aker Puts Subsea Oil & Gas Tech to Work for Offshore Wind
Norwegian offshore technology company Aker Solutions is working with Norway's Marine Energy Test Centre to try out a new way to set up the power collection …
Oil & Gas Trade
Nigerian and Chinese Energy Firms Seal $1BN Deal on Gas Flaring
A Nigerian energy company NIGUS International, have entered into a $1 billion agreement with Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd., a Ch…
LNG
Woodside Energy Signs Domestic LNG Agreement With Pilbara Minerals
Woodside Energy is set to supply LNG to one of the world's largest hard rock lithium deposits. Source: ShuttershockWoodside Energy will use its Western Aust…
Oil Price
Saudi Arabia Cuts Feb Arab Light Crude Price to Asia to 27-Month Low
Top oil exporter Saudi Arabia on Sunday cut the February price of its flagship Arab Light crude to Asian customers to the lowest level in 27 months, a company s…
Renewable Energy
Saudi Energy Ministry and NEOM Company Sign MoU on Cooperation in Energy Fields
The Saudi Ministry of Energy and NEOM company signed on Sunday a Memorandum of Understanding (MoU) on enhancing cooperation in the energy fields, the Saudi stat…
LNG
Gail India Signs Long-Term LNG Supply Deal With Trader Vitol
GAIL (India) has signed a long-term LNG deal with Vitol, under which the top commodity trader will supply around 1 million metric tons of LNG annually for 10 ye…
Crude Oil
Motiva to Shut CDU, Coker Next Week at Largest US Refinery -Sources
Motiva Enterprises (MOTIV.UL) is scheduled to shut the large crude distillation unit (CDU) and large coker at its 626,000 barrel-per-day (bpd) Port Arthur, Texa…
Crude Oil
Exclusive: India Set to Halve Oil Refiners' FY24 Energy Transition Equity Support
A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. REUTERS/Sivaram V/File Photo Ac…
LNG
India's GAIL Signs 10-Yr LNG Purchase Deal With Vitol
State-run GAIL (India) Ltd (GAIL.NS) Friday said it has signed a 10-year liquefied natural gas (LNG) import deal with trader Vitol to buy about 1 million metric…
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