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Oil&Gas Drilling
SUBSEA7 Awarded a Contract for the Bittern Field in the UK North Sea
Subsea7 S.A. has announced the award of a sizeable contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190 km eas…
Oil & Gas Trade
US Ready to Reopen Oil Stockpile if Petrol Prices Surge Again, FT Reports
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Gu…
Oil&Gas Drilling
Woodside Starts Production in Senegal's First Offshore Oil Development
The first phase of development involves production of up to 100,000 bpd.Woodside Energy Group Ltd. said Tuesday it has achieved maiden production in the Sangoma…
Oil & Gas Trade
Sinopec Unit Agrees $1.1 Bln Deal to Build Gas Pipelines for Saudi Aramco
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July …
Geothermal Power Project
Occidental, Bhe Renewables Collaborate for Geothermal Lithium Extraction in California
Announcement of joint venture between BHE Renewables and OXY (source: OXY)Hydrocarbon and petrochemical company Occidental Petroleum (OXY) has announced a joint…
Oil & Gas Trade
US Buys 3 Million Barrels of Oil for Strategic Petroleum Reserve
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo Purchas…
Oil & Gas Trade
Petronas Signs Energy MoU With Sinopec
'The collaboration will focus on sustainable growth in the areas of commodity and specialty chemicals, crude oil and liquefied natural gas trading, lubrican…
LNG
Woodside Gets $1 Bln in Funding for Scarborough LNG Project
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, Briti…
Oil & Gas Trade
Nigeria Targets $20BN Oil, Gas Investments – Lokpobiri
The Minister of State for Petroleum Resources (Oil) Heineken Lokpobiri has revealed that about $16.6 billion investments had been committed to Nigeria’s o…
Oil & Gas Trade
US to Close Northeast Gasoline Reserve With 1 Million-Barrel Sale
A person uses a petrol pump at a gas station as fuel prices surged in Manhattan, New York City, U.S., March 7, 2022. REUTERS/Andrew Kelly/File Photo Purchase Li…
LNG
South Korean Petchem Firms Boost Cheaper LPG Use, Raise Output
A standing signboard showing the petrol (top 1.14 USD per litre) and diesel (middle 0.98 USD per litre) prices is seen in Seoul, South Korea, February 3, 2016. …
Oil&Gas Drilling
Suriname's Oil Resources Seen Totaling Over 2 Bbbl, Wood Mackenzie Reports
Suriname’s discovered oil resources now total more than 2.4 Bbbl of crude and liquids, and the nation has more than 12.5 tcf of gas, according to Wood Mac…
Gas Power Stations
Utility Plans Another Gas-Fired Power Plant for North Dakota
Todd Brickhouse, CEO of Basin Electric Power Cooperative, participates in a roundtable discussion on the energy supply during the Williston Basin Petroleum Conf…
Oil & Gas Trade
India Oil Demand Driven by Consumers Rather Than Industry: Kemp
India’s oil consumption increased by 3.7 million tonnes (4.8%) in the first four months of 2024 compared with the same period in 2023, according to data f…
Oil & Gas Trade
Kuwait Petroleum Renews Oil Supply Deal With China's Unipec Until 2033
Kuwait Petroleum Corp (KPC) has renewed its contract to supply 300,000 barrels per day of crude oil to China's Unipec, the trading arm of Asia's largest…
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