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Oil & Gas Trade
Oil Prices up on Strong US Demand, Fed Signals in Focus
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. REUTERS/Angus Mordant/Fi…
Oil & Gas Trade
Azerbaijan Produces Over Eight Bcm Gas in This Year
In January-February of this year, Azerbaijan produced 8.2 billion cubic meters of gas, with an increase of 240 million cubic meters, of which 4.1 billion cubic …
Oil&Gas Drilling
Asian Indie Eyes Exploitation of $100 Million per Annum Gas Discovery
Production facilities: EMP's Kangean production sharing contract in Indonesia.Photo: ENERGI MEGA PERSADAIndonesian operator Energi Mega Persada (EMP) is pre…
Oil&Gas Drilling
Sinopec Starts Natgas Production at 2bcm per Year at Sichuan Gas Field
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July …
Oil & Gas Trade
US Leads Global Oil Production for Sixth Straight Year- EIA
Very Large Crude Carriers (VLCCs) line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide, in this handout pict…
Oil & Gas Trade
EQT to Buy Equitrans Midstream in Bid to Boost Natural Gas Margins
Top U.S. natural gas producer EQT Corp (EQT.N), opens new tab on Monday said it agreed to buy Equitrans Midstream (ETRN.N), opens new tab in an all-stock deal t…
LNG
China's Unipec Wants Say in Venture Global LNG's Extension Request
Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rig…
Oil & Gas Trade
BP Takes $900M Impairment Against North Sea Assets
BP (LON:BP) took an approximate $900 million (£700m) impairment charge against some of its North Sea assets in 2023, according to the firm’s annual …
LNG
AG&P Buys Stake in Vietnam LNG Terminal
Liquefied natural gas (LNG) terminal and downstream infrastructure firm AG&P LNG has acquired a 49 percent stake in the Cai Mep LNG terminal located in Vũng T&…
Oil & Gas Trade
Kazmunaygas, Socar to Ink Agreement to Boost Kazakh Oil Transit Through Azerbaijan - Magzum Mirzagaliyev (Exclusive Interview)
KazMunayGas, the national oil and gas company of Kazakhstan, and SOCAR, Azerbaijan's State Oil Company, will sign an agreement to increase the transportatio…
Carbon Emissions
In Climate Push, German Chemical Maker Swaps Oil for Sugar
At one of Europe's largest chemical complexes, German group Covestro is trialing the manufacture of a key product using sugar as a base material instead of …
LNG
Data Contradicts Rationale Underpinning Biden's Decision to Halt New Natural Gas Export Hubs
(Photo by Shawn Thew - Pool/Getty Images)Market data undermines one the Biden administration’s central justifications for pausing new approvals of liquefi…
LNG
Japan's Declining Gas Demand Will Leave Utilities With Persistent LNG Oversupply Through 2030
Japan’s LNG buyers are cultivating demand in emerging Asia to offload surplus LNG volumesOnce the largest global importer of liquefied natural gas (LNG), …
Oil & Gas Trade
Aramco Hikes Dividend 30% to $98 Billion Despite Drop in Profit
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo/File Photo Purchase Li…
LNG
Japan Boosts Reliance on Allies Australia, US for Long-Term LNG Supplies
A LNG tanker is seen at the Negishi LNG Terminal, which is jointly operated by Tokyo Gas and JERA, in Yokohama, Japan October 17, 2019. REUTERS/Yuka Obayashi/Fi…
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