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Crude Oil
US Oil/gas Rig Count Steady This Week, Pennsylvania Falls To 17-year Low, Baker Hughes Says
U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling to a 17-year low in Pennsylvania, energy services firm…
LNG
Exclusive: Blackstone In Talks To Buy US Pipeline Stakes From EQT For $3.5 Billion, Sources Say
Private equity firm Blackstone (BX.N), is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp (EQT.N), for ab…
LNG
Exxon Mobil, Qatar Get 3-year Extension To Build Their LNG Plant In Texas
India's Reliance Industries Ltd, operator of the world's biggest refining complex, is restructuring its trading operations, including moving most of its…
Oil Price
Italy's Eni To Boost Buyback After Quarterly Earnings Beat Expectations
Italian energy group Eni (ENI.MI), will increase its share buyback programme to 2 billion euros ($2.2 billion), it said on Friday, after beating third-quarter p…
Natural Gas
Beach Energy Brings More Natural Gas To The East Coast
Beach Energy has delivered first gas from two development wells to the Otway Gas Plant -- marking completion of the largest ever offshore drilling and developme…
Oil & Gas Trade
More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger
Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th…
Natural Gas
Beach Energy Ignites Australian Offshore Gas Field
Independent Beach Energy has achieved first gas from its Thylacine West gas project offshore Australia, following the successful connection of the Thylacine-1 a…
Solar Power Plant
BP Completes Takeover Of Solar Power JV Lightsource BP
British oil giant BP (BP.L), said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equi…
Offshore Wind Power
Pioneering North Sea Soil Survey Helps Design New Offshore Wind Farms
In a first for the North Sea, a large-scale three-dimensional Ultra High Resolution Seismic (3D UHRS) soil survey was conducted between mid-June and late August…
Carbon Storage
‘First-of-its-kind’ Open-access Co2 Storage Concept Gets €225 Million Eu Support
UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the …
Oil & Gas Supply
Cop29 Host Azerbaijan Set For Major Fossil Gas Expansion, Report Says
Azerbaijan’s climate action plan was rated ‘critically insufficient’ by Climate Action Tracker in September.Photograph: Sergei Grits/APAzerbai…
Oil&Gas Drilling
Petro Matad Set To Start Oil Production From Heron-1 Well In Mongolia This Week
Petro Matad, a Mongolia-based oil exploration company, has announced its schedule for the commencement of oil production at the Heron-1 well within the Block XX…
LNG
I Squared Capital To Acquire Philippines Coastal Terminal
ISquared Capital has agreed to acquire Philippines Coastal Storage & Pipeline, including its affiliate entities, Keppel Infrastructure Trust, Singapore and Metr…
Oil & Gas Trade
Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure
Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…
Oil & Gas Supply
India's Diesel Consumption To Rise 3%-4% In Current Fiscal Year, Says Indian Oil Chair
A worker fills diesel in a container at a fuel station in Kolkata, India, February 1, 2018. REUTERSIndia's annual diesel consumption is expected to rise by …
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