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Oil Price
Oil Prices Fall 1% After Surprise US Storage Build
Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022. Picture taken March 29, 2022. REUTERS/Benoit Tessier/File Phot…
Oil & Gas Trade
China's 2023 Oil and Gas Output Hits Record High 390 Mil MT Oil Equivalent
China's combined oil and gas production hit a record high of more than 390 million mt of oil equivalent in 2023, representing an average annual growth rate …
Oil&Gas Drilling
Totalenergies Boosts Its Stake in Namibian Oil Discovery With Acquisition of More Interests in Two Offshore Blocks
French energy giant TotalEnergies has inked an agreement with Impact Oil and Gas Namibia to get its hands on additional interests in two blocks located offshore…
LNG
NYK Orders Man ES Engines for Four LNG Carriers
Japanese shipping company Nippon Yusen Kaisha (NYK) has ordered eight MAN B&W ME-GA engines from German manufacturer MAN Energy Solutions (MAN ES) for four 174,…
LNG
Nakilat Books LNG and LPG Carriers at Hyundai Samho in Fleet Expansion Move
Qatari LNG shipping operator Nakilat has placed orders at South Korean Hyundai Samho Heavy Industries (HSHI) for the construction of six vessels – two LNG…
Oil&Gas Drilling
Exxon's Faces Hurdles in $2.5 Billion Exit From California Offshore
The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July…
LNG
Japan's Kyushu Electric May Invest in Lake Charles LNG Project in US
Kyushu Electric Power (9508.T) is considering investing in the U.S. Lake Charles liquefied natural gas (LNG) project of Energy Transfer (ET.N), among other proj…
Oil&Gas Drilling
US Oil Output to Touch a Record High in 2024, but Growth Will Slow - EIA
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo …
Oil & Gas Trade
Algeria Held Oil and Gas Investment Talks With Exxonmobil
Plants are displayed at the booth of American multinational oil and gas corporation ExxonMobil during the LNG 2023 energy trade show in Vancouver, British Colum…
LNG
Portugal's Galp Seeks to Join Formal Complaint Against US LNG Exporter
Galp Energia logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Right…
Oil &Gas
Middle East Process Engineering Conference & Exhibition 2024
About MEPEC 2024MEPEC is the definitive event in the Middle East for process engineering, offering a platform for leaders to engage with the dynamic challenges …
Oil Field
Energy Firms to Test CO2 Capture in Brazil Undersea Oil Field
A consortium of Brazilian, British, French and Chinese energy firms will test new technology aimed at capturing CO2 in an undersea oilfield off Brazil in an eff…
Oil&Gas Drilling
China's Oil Production Rises to 208 Mln Tons in 2023 - CCTV
China's crude oil production rose to 208 million metric tons in 2023, equivalent to 4.16 million barrels per day, state broadcaster CCTV said on Tuesday.The…
LNG
KN Takes Over Commercial Management of Four German LNG Terminals
Lithuanian energy terminal operator Klaipedos Nafta (KN) has secured the public tender for the commercial management of four German liquefied natural gas (LNG) …
Ammonia
KBR's Technology Selected for Green Ammonia Project in Malaysia
A consortium consisting of Lotte Chemical, Korea National Oil Corporation (KNOC) and Samsung Engineering has chosen KBR’s K-GreeN technology for Lotte Che…
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