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Oil Price
Rystad Sees Oil at $60 a Barrel by 2027 as Demand Peaks
An oil worker removes a thread cap from a piece of drill pipe on a drilling lease owned by Elevation Resources near Midland, Texas, U.S., February 12, 2019. Pic…
Oil & Gas Supply
Petroecuador Recovers Production Following Protests
Ecuador's state-run oil company Petroecuador on Friday saw production hit 397,000 barrels per day (bpd) after recovering operations at one of its main opera…
Oil & Gas Trade
Putin Launches Russian Gas Shipments to Uzbekistan
Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia’s industry hit by a flurry of West…
Oil & Gas Supply
Pakistan Weighs Early Closure of Some Gas, Diesel Power Plants Under Adb Scheme
Pakistan is exploring the possibility of shutting down some of its gas- or diesel-fired power plants before their economic lifetime ends, as part of a low-carbo…
Oil & Gas Trade
Russia Starts Gas Supplies to Uzbekistan via Kazakhstan
Russian President Vladimir Putin listens to Kazakh President Kassym-Jomart Tokayev during a meeting at the Novo-Ogaryovo state residence outside Moscow, Russia …
Oil & Gas Trade
Exxon Investors Ready to Embrace Buying Existing Oil Over New Drilling
The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/F…
Oil & Gas Trade
Exxon Mobil Reportedly Nearing $60B Megadeal to Buy Pioneer Natural Resources
Exxon Mobil Corp. is reportedly on the brink of securing a purchase deal with Pioneer Natural Resources Co. an acquisition that could be worth approximately $60…
Oil & Gas Trade
MET Group Says New French Gas and Power Contracts Amount to 1.5 TWh/Year
Switzerland-based energy trader MET group said on Thursday its new portfolio in France following the takeover of Antargaz's gas and power deliveries would a…
Oil & Gas Trade
Workers Vote to Restart Strike at Chevron's Australia LNG Facilities
A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken Feb. 8, 2022. REUTERS/Dado Ruvic/Illustration/File Pho…
LNG
Pertamina International Shipping (Pis) Partners Energy Trader BGN, Expanding Global Fleet of LPG Carriers
PIS has signed an agreement with BGN, a leader in global energy, in which the two companies outlined prospective collaborations that span joint ownership of Ver…
LNG
Exxon Mobil to Sell Majority Stake in Italy Lng Terminal to Blackrock
The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/F…
LNG
MET Group Sets up LNG Trading Office in Singapore
Switzerland-based energy trader MET Group said on Wednesday it has set up an office in Singapore to focus on liquefied natural gas (LNG) trading as well as asse…
LNG
Trafigura Inks $400 Million Credit Facilities to Buy US LNG for European Customers
Commodities trading group Trafigura has entered into two revolving credit facilities for a total combined amount of $400 million, with insurance from the Export…
LNG
Baker Hughes to Supply e-LNG Systems for ADNOC Ruwais LNG Project
U.S. energy technology company Baker Hughes has received a letter of award from ADNOC Gas, for and on behalf of Abu Dhabi National Oil Company (ADNOC), to provi…
LNG
Pakistan to Buy First Spot LNG In Over a Year at Premium Prices
Pakistan is likely to buy its first spot liquefied natural gas (LNG) cargo in more than a year, as it seeks to bridge the gap between winter demand and supply o…
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