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Oil & Gas Trade
Top U.S. LNG Exports: China's Gas Demand Is Booming
Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive …
LNG
Brazil Mulls LNG Imports Into Early 2025 as Hydro Shrinks
Gas buyers in Brazil are inquiring about potential purchases of global shipments well into the first quarter as persistently dry weather threatens hydropower ge…
LNG
Chinese Player Entrusted With Flagship FLNG Project Unlocking ‘Stranded’ Offshore Gas Fields in Oceania
Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New EnergiesWison New Energies (WNE), a China-based provider of clean energy…
Oil&Gas Drilling
Six-Well North Sea Drilling Campaign With $690 Million Price Tag Coming up Next Year to Unleash More High-Value Barrels
Norwegian oil and gas player Vår Energi has greenlighted a final investment decision (FID) for a multi-well drilling program, which aims to develop the ne…
LNG
Vitol Inks LNG Swap Deal with China Gas
China Gas Hongda Energy Trading, a subsidiary of Chinese piped-gas operator China Gas, and energy and commodities company Vitol have signed a long-term liquefie…
Oil Field
Chinese Giant Brings Another Oil Development Project Online in South China Sea
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has started production from an oilfield development project in the South C…
Oil Field
EnQuest, Seascape Secure Stakes in DEWA Complex Cluster, Malaysia
EnQuest and Seascape Energy have been granted participating interests in a small field asset production sharing contract (SFA PSC) for the DEWA Complex Cluster,…
Oil & Gas Trade
Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal
Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil , opens new tab, the cou…
LNG
Singapore’s Centralised Gas Company to Begin LNG Procurement From 2026, Minister Says
The Singapore government expects its newly formed centralised gas company to start procuring liquefied natural gas from 2026, said Low Yen Ling, Singapore's min…
Gas Power Stations
Evergy to Build Natural Gas Power Plants in Kansas Amid Booming Demand
Evergy (EVRG.O), will build two 705 megawatt natural gas power plants in Kansas to meet an expected spike in electricity demand, the U.S. utility firm said on M…
LNG
Next Wave of LNG Supply Delayed to 2027 Due to Project Hold-Ups, Totalenergies Says
The next wave of liquefied natural gas (LNG) supply will come online from 2027, later than the earlier forecast of 2025, due to project delays, TotalEnergies…
Ammonia
ADNOC Takes Over Fertiglobe With $3.6b Stake Acquisition From OCI
Abu Dhabi National Oil Co. (ADNOC) is consolidating its ammonia operations after completing the takeover of its joint venture Fertiglobe PLC, a global fertilize…
Green Hydrogen
Repsol Freezes Green Hydrogen Projects in Spain
Spanish oil major Repsol (REP.MC),has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350 megawatts (MW) due to an unfavou…
Oil & Gas Trade
Iraq Signs Gas Supply Agreement With Turkmenistan
Turkmenistan’s gas supply to Iraq would vary seasonally. Credit: TinoFotografie/Shutterstock.Iraq has inked a gas supply agreement with Turkmenistan, securing …
Oil & Gas Trade
SUBSEA7 Employs New Installation Method at Aramco’s Giant Offshore Oil & Gas Project (Gallery)
Luxembourg-domiciled Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors o…
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