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Oil&Gas Drilling
Two New Blocks Awarded for Oil, Gas Search
Saudi Arabia supplies more than half of Bangladesh’s crude imports, but Dhaka has been hit hard by a global surge in energy and food prices.—Reuters phot…
Oil & Gas Technology
Rolls-Royce MTU Kinetic Powerpack Approved for Renewable Diesel
Rolls-Royce has approved its mtu Kinetic PowerPacks, based on the mtu Series 4000 and 1600 diesel engines, for use with renewable diesel (HVO/Hydrogenated Veget…
Oil Price
Callon Petroleum Company Announces the Closing of Delaware Basin Acquisition and Eagle Ford Divestiture
HighlightsReduces Outstanding Debt by Approximately $300 MillionWill Commence Share Buyback Program in the Third QuarterCallon Petroleum Company (NYSE: CPE) ("C…
Oil & Gas Trade
BP Energy Partners Announces Sale of Mesa Natural Gas Solutions
BP Energy Partners, LLC ("BPEP"), a Dallas, Texas based, investment manager has closed on the sale of Mesa Natural Gas Solutions, LLC ("Mesa" or "the Company"),…
LNG
Tinubu Backs $5BN Floating LNG Project Implementation Venture to Provide 7,000 Jobs, Crash Prices —Rone
PRESIDENT Bola Tinubu on Wednesday gave his support to the implementation of a $5 billion Floating Liquefied Natural Gas (FLNG) project in the country.He gave t…
Hydrogen Fuel Cell
NZ Eyes Hydrogen-Based Synthetic Aviation Fuel Production
A joint project at the site of New Zealand’s former oil refinery in Marsden Point could revolutionize the country’s approach to sustainable aviation…
Biofuel
Bunge, Chevron Acquire Argentina Seed Business Chacraservicios
Bunge and Chevron’s Renewable Energy Group Inc., a subsidiary of Chevron Corp., acquired Chacraservicios S.r.l., based in Argentina from the Italian-based…
Oil&Gas Drilling
Ftse-Listed Prospex Confirms First Gas at New Italian Field
Prospex trades on the London Stock Exchange’s FTSE Aim All-ShareProspex Energy has announced first gas production at the freshly developed onshore Selva f…
LNG Carrier
HD Korea Shipbuilding Wins 96.9 Bln-Won Order for 1 LNG Carrier
South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Wednesday it has clinched a 96.9 billion-won (US$73.97 million) order to build one l…
Oil & Gas Technology
Gazprom Subsidiary Files Lawsuits Against Deutsche Bank and Commerzbank
The logo of Gazprom company is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim Shemetov…
Battery
Australia Forecasts Brutal Lithium Price Correction as Output Surges
Greenbushes lithium mine, the world’s largest, is located 250km south of Perth. (Image courtesy of Talison Lithium.)The lithium market has been in turmoil with…
Oil &Gas
Register Now|the 3rd Asset Integrity Management Conference
We are thrilled to announce that the 3rd Asset Integrity Management Conference will be hosted by Cogent Solutions Event Management on August 29th and 30th, 2023…
Oil Price
Saudi Arabia, Russia Deepen Oil Cuts, Sending Prices Higher
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, Septemb…
Renewable Diesel
Pertamina Introduces Biofuel Pertamax Green 95
State-owned gas and oil giant Pertamina plans to launch its maiden bioethanol product with the research octane number (RON) 95 dubbed Pertamax Green 95 in July …
Oil&Gas Drilling
Nigeria, Angola Now Africa's Biggest Oil Drilling Markets – Report
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude oil drilling markets in Africa, data from the June 202…
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