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Oil Price
Oil Holds Weekly Drop on Glut Concerns, China’s Demand Outlook
Oil held a weekly loss on concerns over plentiful global supply and the outlook for demand in China, the world’s biggest crude importer.Brent traded above…
Oil & Gas Trade
Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions
The energy trader seeking to buy UK gas assets from Shell Plc and Exxon Mobil Corp. was sued over allegations that he diverted money from an Iranian petrochemic…
Oil Price
Indian Gas Retailers’ Shares Sink as Supply Cut Hits Margins
Indian city gas distributors’ stocks tumbled Monday after the government cut allocations of natural gas for a second month, triggering analyst downgrades.…
Natural Gas
Gasoline Exports From China Decline to Lowest Level Since April
Gasoline exports from China sank to the lowest since April as refiners scale back operations and a holiday boosted local demand.Shipments dropped 8.2% from Sept…
Offshore Wind Power
UK Unveils ‘Shop Local’ Offshore Wind Bonus
Image: Simon Dawson/No 10 Downing StreeOffshore wind developers will be incentivised to invest in the UK’s industrial heartlands, coastal areas and oil an…
Liquid Hydrogen
Expanding Possibilities With the Liquid Hydrogen-Powered GR Corolla in the Season Final Round
Liquid hydrogen-powered GR CorollaForming partnerships to take on the challenge of using boil-off gas generated while drivingLiquid hydrogen has a higher densit…
Oil Price
Election Euphoria Ends For Oil Prices
The International Energy Agency (IEA) expects there to be an oil surplus of more than 1.0 million bbl next year based upon a continuing decline in demand center…
Natural Gas
NuVista to Supply Gas to Trafigura in Long-Term Deal
Trafigura Group Pte. Ltd., has signed a long-term natural gas agreement with NuVista Energy Ltd., a leading producer of condensate-rich natural gas in the Montn…
Oil&Gas Drilling
Houston Based Coterra Announces Accretive Permian Deals for Near $4B
Bourbon announced that it has been awarded a new fully integrated logistics contract by an oil & gas major operator to support its exploration campaign and the …
LNG
IEA Says Global Oil Market Faces a Million-Barrel Glut Next Year
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the…
Oil&Gas Drilling
Bourbon Logistics Wins Contract With Oil And Gas Major Operator In Namibia
Bourbon announced that it has been awarded a new fully integrated logistics contract by an oil & gas major operator to support its exploration campaign and the …
Oil & Gas Trade
Elemental Energies And Archer Announce Global P&A Well Engineering Joint Venture
Elemental Energies and Archer have announced a joint venture (JV) agreement delivering integrated plugging and abandonment (P&A) services to global decommission…
Natural Gas
Enermech Wins Major Contract For North Sea Operator’s Offshore Installations
EnerMech has won a multi-million-pound contract to become the preferred provider of Flexible Hose Assembly (FHA) and Small Bore Tubing (SMT) management services…
Natural Gas
Technip, SBM Awarded Major Contracts For TotalEnergies’ Granmorgu FPSO, Offshore Suriname
SBM Offshore, Technip Energies and TechnipFMC all announced today the securement of major contracts for the GranMorgu field development project located in Block…
Natural Gas
SBM Offshore Awarded Contracts For The GranMorgu Field Development
SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEner…
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