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Oil & Gas Trade
Europe Spends Nearly Half Billion Euros for Azerbaijani Gas Imports
Europe's expenditure on Azerbaijani gas imports in April 2023 have reached nearly 490 million euros, Trend learned from Eurostat, the statistical office of …
Oil & Gas Trade
Chevron Offers to Sell Oil and Gas Properties in New Mexico, Texas
Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major look…
Oil & Gas Trade
Average price cap forecasts fall as Ofgem revises definition of typical energy consumption
Prior to the upcoming introduction of the July Default Tariff Cap (price cap), Cornwall Insight is unveiling its latest predictions. Starting from October 2023,…
Oil & Gas Trade
Norway Approves $18.5BN Oil and Gas Projects on Norwegian Continental Shelf
According to the Norwegian Ministry of Petroleum and Energy, the greenlighted projects in the North Sea and the Norwegian Sea include new developments, further …
Oil & Gas Trade
Altera Shuttle Tankers Fixes Suezmax to Petrobras for Five Years
Altera Shuttle Tankers has sealed a deal with Brazil’s state-owned oil company Petrobras for the charter of its 2013-built suezmax Lambada Spirit.The company d…
Oil & Gas Trade
Petrobras' Green Venture: From Oil Giant to Hydrogen Exporter?
Petrobras, Brazil’s state-controlled oil giant, is setting its sights on the burgeoning hydrogen market. Mauricio Tolmasquim, Petrobras’ Director of…
Oil & Gas Trade
Investment of $75BN Needed to Reduce Oil and Gas Methane Emissions by 2030, IEA Says
Burning methane from oil production near Watford City, North Dakota. Fossil fuels made up nearly 82 per cent of the total global energy supply in 2022. APInvest…
Oil & Gas Trade
Vertex Announces First Commercial Sales of Renewable Diesel
Vertex Energy Inc., a leading specialty refiner and marketer of high-quality refined products, on June 26 announced that the company has completed its first ser…
Oil & Gas Trade
Eni and vår Energi Paying $4.9 Billion for Neptune's Entire Oil & Gas Portfolio, Bar German Business
Italian energy giant Eni has inked a sale and purchase agreement to acquire Neptune Energy Group Limited while the oil major’s majority-owned Vår En…
Australia
OMV Petrom, Romgaz to Invest up to $4.4 Bln to Develop Romania Gas Project
OMV said Wednesday that its 51%-owned OMV Petrom and Romgaz will jointly invest up to 4 billion euros ($4.37 billion) to develop an offshore natural-gas project…
Oil & Gas Trade
Serbia Establishes Joint Gas Company With Hungary
President Aleksandar Vučić, President Katalin Novak, Prime Ministers Ana Brnabić and Viktor Orban attended the session of the Strategic Council of Serbia and…
Natural Gas
Future Developments in Midstream Natural Gas Investment: Focus on Asia Pacific
Gas Exporting Countries Forum (GECF)Galia FazeliyanovaEnergy Economics AnalystAt a Glance§ Continuing underinvestment or investment 'gap' in natural ga…
Oil & Gas Trade
Pakistan Exports Record 90,000 Tons of Fuel Oil in May
KARACHI: Pakistan shipped 90,000 tons of fuel oil in May 2023 to reduce a huge stock built up over the last several months amid low demand in the country, indus…
Oil & Gas Trade
Oil Sales Plunge by 40PC in May Amid Economic Slowdown
KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic…
Natural Gas
LPG Prices Slashed by RS37/KG for June
ISLAMABAD: The government on Thursday lowered the prices of liquefied petroleum gas (LPG) by 15.88 percent or Rs37/kg for domestic and commercial consumers for …
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