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Oil&Gas Drilling
Egypt Plans to Return Oil, Gas Production to Normal From 2025, PM Says
Egyptian Prime Minister Mostafa Madbouly attends a press conference during his visit to the the Rafah border crossing to enter Gaza, amid the ongoing conflict b…
Oil&Gas Drilling
Mexico’s Pemex Gets Approval to up Investment in Deepwater Field Lakach by $400 Million
Signage of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Purch…
LNG
Vietnam to Select Investor for $2.5 Bln Nghi Son LNG Power Plant by October
Authorities in Vietnam's Thanh Hoa province plan to select an investor through a bidding process by October to develop a $2.5 billion LNG-fired power plant,…
Oil & Gas Trade
Quantum Capital to Acquire Caerus Oil and Gas Assets for $1.8 Bln
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo Purchase Licensing RightsQua…
Oil & Gas Supply
Ghana Begins Construction of $12 Bln Petroleum Hub
President Nana Addo Dankwa Akufo-Addo of Ghana speaks during a press conference during the Summit on Peace in Ukraine, in Stansstad, Switzerland, June 16, 2024.…
Oil & Gas Trade
Exclusive: Kuwait in Talks With Qatar for New 15-Year LNG Supply Deal From North Field
Qatar Energy is in talks with Kuwait Petroleum Corporation (KPC) for a new long-term supply of liquefied natural gas (LNG) to help meet rising demand for power …
LNG
As Legal Challenge for $12.5 Billion Gas Project Gets Dropped, First LNG Cargo on Track for 2026
Australia’s energy giant Woodside has struck a deal with the Australian Conservation Foundation (AFC) to ensure a two-year legal challenge, concerning a p…
Oil&Gas Drilling
Shelf Drilling’s Backlog Reaches $2.1 Billion With 33 Out of 36 Rigs Busy With Work
UAE-headquartered offshore drilling contractor Shelf Drilling has pushed its total contract backlog to $2.1 billion at the end of the second quarter of 2024. Th…
Oil & Gas Trade
Oil Producer APA Explores $1-Billion Sale of Permian Assets, Sources Say
An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Photo Purchase Licensing RightsAPA Cor…
Oil & Gas Trade
Poland’s Orlen Reaches One-Year Deal for 6 Mln Tons of Oil From BP
Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo Purchase Licensing RightsPolish state-o…
LNG
BW LPG to Acquire 12 Very Large Gas Carriers for More Than $1BN
The transaction significantly expands BW LPG’s fleet. (Credit: Lens Envy/ Flickr)BW LPG has announced the acquisition of 12 modern Very Large Gas Carriers…
Oil&Gas Drilling
US Government Allocates $775M for Orphaned Oil and Gas Well Cleanup
DOI’s new $775m funding aims to address orphaned oil and gas wells across 21 states. (Credit: U.S. Department of the Interior)The US Department of the Int…
Oil & Gas Trade
Spain’s Cepsa to Sell Liquefied Gas Unit in Iberia for $302 Mln
The logo of CEPSA is seen on the facade of a building at Cepsa Energy Park in San Roque, near Algeciras, southern Spain, December 1, 2022. REUTERS/Jon Nazca/Fil…
Oil&Gas Drilling
US Drillers Cut Oil and Gas Rigs for Second Time in Three Weeks
Drill pipe is seen on a drilling site in the Permian Basin oil and natural gas production area near Wink, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File P…
Oil&Gas Drilling
Gulf of Thailand Development Starts Producing Oil
Canada-based oil and gas company Valeura Energy has achieved the first oil production from a development located off the coast of Thailand, said to be a result …
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