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Oil & Gas Trade
Nigerian and Chinese Energy Firms Seal $1BN Deal on Gas Flaring
A Nigerian energy company NIGUS International, have entered into a $1 billion agreement with Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd., a Ch…
LNG
Woodside Energy Signs Domestic LNG Agreement With Pilbara Minerals
Woodside Energy is set to supply LNG to one of the world's largest hard rock lithium deposits. Source: ShuttershockWoodside Energy will use its Western Aust…
Oil Price
Saudi Arabia Cuts Feb Arab Light Crude Price to Asia to 27-Month Low
Top oil exporter Saudi Arabia on Sunday cut the February price of its flagship Arab Light crude to Asian customers to the lowest level in 27 months, a company s…
Renewable Energy
Saudi Energy Ministry and NEOM Company Sign MoU on Cooperation in Energy Fields
The Saudi Ministry of Energy and NEOM company signed on Sunday a Memorandum of Understanding (MoU) on enhancing cooperation in the energy fields, the Saudi stat…
LNG
Gail India Signs Long-Term LNG Supply Deal With Trader Vitol
GAIL (India) has signed a long-term LNG deal with Vitol, under which the top commodity trader will supply around 1 million metric tons of LNG annually for 10 ye…
Crude Oil
Motiva to Shut CDU, Coker Next Week at Largest US Refinery -Sources
Motiva Enterprises (MOTIV.UL) is scheduled to shut the large crude distillation unit (CDU) and large coker at its 626,000 barrel-per-day (bpd) Port Arthur, Texa…
Crude Oil
Exclusive: India Set to Halve Oil Refiners' FY24 Energy Transition Equity Support
A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. REUTERS/Sivaram V/File Photo Ac…
LNG
India's GAIL Signs 10-Yr LNG Purchase Deal With Vitol
State-run GAIL (India) Ltd (GAIL.NS) Friday said it has signed a 10-year liquefied natural gas (LNG) import deal with trader Vitol to buy about 1 million metric…
COP28
Azerbaijan Minister and State Oil Company Veteran to Lead COP29 Climate Talks
Azerbaijan's Minister of Ecology and Natural Resources Mukhtar Babayev speaks during the United Nations Climate Change Conference (COP28) in Dubai, United A…
Oil Price
Russian November Oil Price for India Hit 12-Mth High
A model of oil barrels is seen in front of Russian and Indian flags in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acq…
Carbon Capture
Exxonmobil to Pilot Carbon Capture via Carbonate Fuel Cells
The fuel cell maker FuelCell Energy will expand on its research partnership with ExxonMobil by installing a pilot system that can capture carbon dioxide while g…
Oil Price
Oil Settles Lower on Massive US Fuel Inventory Builds
A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acquire Licensing Right…
Oil & Gas Trade
Biden Administration Slowly Puts Oil Back Into the Spr Emergency Stash
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil & Gas Trade
Exxon Earnings to Drop on California Offshore Exit, Weaker Prices
Cars are seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew KellyFile Photo Acquire Licensing RightsExxon Mobil Co…
LNG
Australia Hands Out Lengthy Ban to Gas Carrier
The Australian Maritime Safety Authority (AMSA) has banned Hong Kong-flagged LNG carrier CESI Qingdao from Australian waters for 180 days.The ship was detained …
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