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Oil & Gas Trade
Oil Surges Nearly 6% After Israel Begins Ground Raids Into Gaza
Oil prices leapt nearly 6% on Friday, with Brent posting its highest weekly gain since February, as investors priced in the possibility that the conflict in the…
Oil&Gas Drilling
US Drillers Add Most Oil Rigs in a Week Since March, Baker Hughes Says
U.S. energy firms this week added the most oil rigs since March, boosting the oil and gas rig count for the first time in four weeks, energy services firm Baker…
LNG
Finland to Restrict Access to LNG Port After Gas Pipeline Damage
Finland on Friday was tightening access to parts of its Inkoo port, which imports liquefied natural gas (LNG), as part of efforts in the wider region to intensi…
Oil&Gas Drilling
Exxonmobil Hires SBM Offshore to Build FPSO for Sixth Oil Development off Guyana
Dutch FPSO operator SBM Offshore has gotten its hands on a contract to perform front end engineering and design (FEED) for an FPSO vessel, which is destined to …
LNG
World's First LNG-Fuelled Panamax Commences Operation
The world’s first LNG-fuelled panamax bulk carrier has started operating. The coal carrier, owned by Nippon Yusen Kaisha (NYK) and on charter to Kyushu El…
Oil & Gas Trade
Pakistan Eyes Importing 1M Tonnes of Russian Oil per Year
This handout photograph taken on June 11, 2023 and released by the Karachi Port Trust (KPT) shows a Russian cargo ship carrying crude oil at the port in Karachi…
Oil & Gas Trade
Oil and Gas Automation and Digital Trends to Be Covered at Automa 2023
Digital tools for asset integrity management, projects of pipeline management means, innovative solutions for cost-efficiency for upstream, midstream and downst…
Biofuel
USDA Increases Forecast for Soybean Oil Use in Biofuel Production
The USDA increased its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, re…
LNG
LNG Croatia and SK E&S Eye LNG and Renewables Collaboration
Zagreb-based LNG Croatia has signed a joint development agreement with Seoul-based SK E&S for possible cooperation in the field of the LNG industry, renewable e…
Oil&Gas Drilling
Tanzania Expects to Launch Fifth Oil & Gas Licensing Round by June
Tanzania is expecting to officially launch the country's fifth oil and gas licensing round by June and award licences to the winners by December of the same…
Oil & Gas Supply
Chevron Australia, LNG Unions Make Further Progress in Talks, More Planned for Friday -Union Official
A general view of Chevron's Wheatstone LNG facility in Pilbara coast, Western Australia, as seen in this undated handout image obtained by Reuters on Septem…
Natural Gas
North Dakota Natgas Output Hits Record High in August, Flaring Rises
Natural gas production in North Dakota rose to a record 3.303 billion cubic feet per day (bcfd) in August from the prior all-time high of 3.292 bcfd in July, wh…
Oil & Gas Supply
Russia's October Oil and Gas Revenue Set for Big Jump, Reuters Calculations Show
An oil pipe is seen in front of a drilling rig at a Lukoil-owned oil field outside the West Siberian city of Kogalym, Russia, January 25, 2016. REUTERS/Sergei K…
Oil & Gas Trade
Exxon Secures Lead in Top US Oilfield With $60 Billion Buy of Shale Rival Pioneer
Exxon Mobil (XOM.N) agreed to buy U.S. rival Pioneer Natural Resources (PXD.N) in an all-stock deal valued at $59.5 billion that would make it the biggest produ…
LNG
Venture Global Seeks to Commence Some Service at Louisiana Calcasieu LNG Plant
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo …
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