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Oil & Gas Trade
SUBSEA7 Employs New Installation Method at Aramco’s Giant Offshore Oil & Gas Project (Gallery)
Luxembourg-domiciled Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors o…
Oil & Gas Trade
Rockhopper Wins Extension for Falklands Assets as It Sheds Two Italian Ones
According to Rockhopper, the insurance policy will enable the combination of the second tranche payment and the insurance payout to leave the firm with €31…
Oil & Gas Trade
ABS Brings Swiss Player on Board FPSO Project Being Undertaken for Petrobras
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News AgencyThe American Bureau of Shipp…
Oil & Gas Trade
China’s September Refinery Output Falls for the Sixth Straight Month
China's refinery output fell 5.4% last month versus a year earlier, official data showed on Friday, declining for a sixth consecutive month even with the st…
Oil & Gas Trade
Eurozone Industry Makes Gains Ahead of ECB Meeting
Eurozone industry rebounded in August, offering a ray of optimism for the beleaguered factory sector as European Central Bank policymakers prime to cut interest…
Oil & Gas Trade
Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in…
Oil&Gas Drilling
Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the thir…
Oil & Gas Trade
FPSO Offshore Brazil Sees First Oil Sooner Than Planned
Offshore BrazilWhile the start of production was initially scheduled for 2025, the FPSO Maria Quitéria working in the Jubarte field produced its first oi…
Oil & Gas Trade
Phillips 66 to Shut Oil Refinery, End Gasoline Output in Los Angeles
Los Angeles-area oil refineryPhillips 66 (PSX.N), said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California'…
Electricity Trade
OPEC Fund Approves $25 Million Loan for Tajikistan’s Rogun Hydropower Plant
The OPEC Fund for International Development (OPEC Fund) has approved a $25 million loan to support the construction of the Rogun Hydropower Plant (HPP) in Tajik…
LNG
Sinopec Says East China Shale Oil Field Pumping at 1,600 Tons a Day
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British ColumbiaSinopec (600028…
Oil & Gas Trade
Conocophillips Seeks to Keep Priority as Creditor in Citgo Auction
ConocoPhillips (COP.N), has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds fr…
Australia
Top Aussie Oil and Gas Firm Woodside Lifts Outlook After Record Q3 Production
A plant decorates the booth of Australian petroleum exploration and production company Woodside EnergyAustralia's top energy firm Woodside (WDS.AX), margina…
Oil & Gas Trade
TotalEnergies Expects Lower Q3 Results Amid Outages, Shrinking Refining Margins
French oil major TotalEnergies (TTEF.PA), opens new tab expects its third-quarter downstream results to sharply decrease due to a 65% drop in refining margins i…
Oil & Gas Trade
Big Oil Set to Bid in Algeria’s New Oil and Gas Licensing Round
Algeria is set to soon announce a new oil and gas licensing round in which major international firms, including ExxonMobil and Chevron, are expected to take par…
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