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Oil＆gas
Oil & Gas Supply
Ukraine Will Not Renew the Contract for the Transit of Russian Gas to the EU After 2024.
Ukraine has warned Austria that it does not plan to extend the gas transit contract, DW economic expert Andriy Gurkov said. He notes that the Ukrainian route ma…
Oil Price
Azerbaijani Oil Price Exceeds $90
Baku, August 5, AZERTACThe Azerbaijani oil price has increased in the world markets.The price of a barrel of Azeri Light crude oil rose $1.21 to trade at $90.11…
Oil&Gas Drilling
Canada-Based Trillion Energy to Explore Oil in Southeastern Türkiye
Canada-based energy company Trillion Energy has announced that it has entered into a farm-in agreement with Derkim Poliüretan Sanayi to earn a 50 percent w…
Oil&Gas Drilling
UK Businesses Punished by £3.5bn Energy Surcharge, Labour Says
Starmer North SeaBritish industry has paid a £3.5bn premium on its energy costs under the Conservatives, Labour has claimed, weeks after Sir Keir Starmer …
Oil and Gas Equipment
Totalenergies Reports Pump Leak, Unit Shutdown at Texas Oil Refinery
TotalEnergies Petrochemicals & Refining USA reported a leaky pump at its oil refinery in Port Arthur, Texas, which it said forced it to shut down a unit."A pump…
Oil and Gas Equipment
Nigeria's Tinubu Hails Significant New Gas-Fired Power Plant
Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File PhotoNigeria began con…
LNG
Construction of LNG Canada Pipeline, Coastal Gaslink, in Full Swing
Coastal GasLink, the 670-kilometre pipeline that will transport natural gas to the approved LNG Canada facility near Kitimat, is nearly 92% complete, according …
LNG
Air Products Secures Work on Nextdecade's Rio Grande LNG Project
Industrial gases company Air Products has signed agreements to supply its proprietary LNG process technology and equipment to Rio Grande LNG Phase 1 Project bei…
LNG
HD KSOE to Build LNG Carrier Pair Under $530 Million Deal
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has clinched an order to construct two liquified natural gas (LNG) carrie…
LNG
Mexico Pacific and Conocophillips Conclude Long-Term LNG Deal
Mexico Pacific, a developer of the LNG export project in Puerto Libertad, Sonora, has signed long-term LNG sales and purchase agreements with the U.S. energy gi…
Oil Price
Brazil's Petrobras Beats Profit Forecast, $3 Bln Payout Announced
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo MoraesSAO PAULO, Aug 3 (R…
LNG
Modules Construction Starts for $5.1 Billion Canadian LNG Project
Qingdao McDermott Wuchuan Offshore Engineering (QMW), the joint venture between US contractor McDermott and China State Shipbuilding Corporation, has started co…
Oil Exploration
Totalenergies' $27BN Bet on Iraq Boosts Ailing Oil Industry
Pouyanne at the signing ceremony for the dealTotalEnergies’ signing of a long-stalled $27 billion deal to develop several energy-related projects in Iraq …
LNG
Hydrogen Oman Will Be Size of Slovakia
Oman's hydrogen sector can benefit from existing LNG infrastructureIf Oman was to fully utilise its land for renewable hydrogen production, it would have 50…
Oil & Gas Trade
Nakilat Achieves $212.8m Net Profit in H1
Nakilat, one of the world’s largest liquefied natural gas (LNG) fleet operators, achieved a net profit of QAR775 million ($212.85 million) for the first h…
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