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Oil & Gas Supply
India Revises Gas Pricing Mechanism With Link to Crude
India has approved a revised natural gas pricing mechanism under which domestically produced gas will be benchmarked to 10pc of global crude prices and revised …
Oil & Gas Supply
Western Curbs on Russian Oil Products Redraw Global Shipping Map
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictio…
LNG
Tellurian Strikes $1 Bil Deal to Sell and Lease Back Land for Driftwood LNG Project
US developer Tellurian said it has signed a $1 billion sale and leaseback deal for the 800-acre property where it is developing its proposed Driftwood LNG termi…
LNG
BAKER HUGHES RECEIVES MAJOR LNG ORDER FROM QATARENERGY
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors (MRCs) fo…
Natural Gas
ACCC No Longer Forecasts Gas Supply Shortfall
The east coast gas market should see sufficient gas supply for 2023, as the latest report from the Australian Competition and Consumer Commission (ACCC) indicat…
Oil & Gas Trade
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap…
United States
Why America’s ‘energy dominance’ waned in the Middle East
Dynamics changed with 2003 Iraq war, boosted US shale production and increased role of Opec and ChinaThe Nihran Bin Omar oil field flare stacks burn north of Ba…
Oil & Gas Technology
Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal
Aramco will supply 480,000 bpd of Arabian crude oil to Rongsheng affiliate Zhejiang Petroleum and ChemicalSaudi Aramco said the deal with Shenzhen-listed petroc…
Energy Security
Oil Spill Fear After Fatal Explosion on Chevron FSO Offshore Thailand
One contractor killed in incident on the Benchamas 2Government agencies are on alert for a potential oil spill from the floating storage and offloading (FSO) ve…
Oil Price
Global Oil Demand Set to Rise ‘Sharply’ on Air Travel Rebound and China Recovery
A floating refinery and storage vessel crosses Egypt's Suez Canal. Global oil demand will rise by 2 million bpd in 2023. AFPThe International Energy Agency …
LNG
Fast-Growing Lithuanian Operator Secures Commissioning Contract With Italian LNG Import Terminal
Lithuania-based regasification operator is increasing its presence in countries ranging from Germany to BrazilLithuanian liquefied natural gas import terminal o…
Oil & Gas Supply
Biden Administration Approves Alaska Oil Drilling Project
Environmental groups fear for Alaska's wildlife. Photo: Eric FisherPresident Joe Biden's administration on Monday approved an oil drilling project on Al…
Oil & Gas Supply
Global Liquid Fuel Production to Outpace Demand
The U.S. Energy Information Administration expects global liquid fuel production to outpace demand in 2023 and 2024.The U.S. Energy Information Administration (…
LNG
Shell and Equinor Complete LNG Project Negotiations With Tanzania
Tanzania’s Ministry of Energy has announced on Twitter that the negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal be…
LNG
DUH Objects to Planned Pipeline for the LNG Terminal off Rügen in Germany
Archive / Courtesy of Deutsche ReGasThe German Environmental Aid (Deutsche Umwelthilfe – DUH) has objected to the construction of a pipeline to connect th…
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