Oil & Gas Trade

Oil & Gas
Growth in LNG Export Capacity Will Be Limited in 2023
The LNG transport ship called KARMOL LNGT Powership Africa is shown offshore Africa in May 2022. (Photo: Reuters.)After growing aggressively for a decade, the a
Oil & Gas
Petronas Divests Entire Interest in Engen
Petronas has reached an agreement to sell its entire 74 percent interest in Engen Limited to Vivo Energy, one of the largest African fuel retail operators and p
Oil & Gas
North America Dominates the Global Shale Oil Market by Producing 50% Of the Total Market for Shale Oil; Learn About Market Drivers & Restraints.
The current market is growing at a moderate pace by registering a healthy CAGR during the foreseen time. The rising consumption of shale oil and growing end-use
Oil & Gas
Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices
The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu
Oil & Gas
What Would War-End Mean for Global Oil and Gas?
The end of the war in Ukraine would reduce pressure on Western governments to continue expanding sanctions on Russia’s oil and gas sector.That’s acc
Oil & Gas
India Will Buy Oil From ‘Wherever We Have to’ if Terms Are Beneficial, Energy Minister Says
India will secure oil from anywhere as long as the terms are beneficial, India’s energy minister told CNBC.India is the third largest oil consumer in the
Oil & Gas
BP Posts Record Profit and Raises Dividend on Oil Price Boost
Fuel prices at a BP filling station in Liverpool. BP will invest up to $1 billion a year in 'high quality' oil and gas projects. PAOil company BP has po
Oil & Gas
Turkey’s Ceyhan Oil Port Disrupted by Weather as Earthquake Damage Assessed
Adverse weather conditions are obstructing loading operations at Turkey’s Ceyhan port, where the impact of Monday’s immense twin earthquakes is stil
Oil & Gas
Energy Workforce & Technology Council: Oilfield Services Employment Highest Since March 2020
(WO) — Employment in the U.S. oilfield services and equipment sector rose by an estimated 3,069 jobs to 652,090 in January, according to preliminary data from
Oil & Gas
Shell and Conocophillips More Than Doubled Their Earnings in 2022
The British oil and gas company Shell has released its 2022 results, posting a US$40bn profit for the year, a more than twofold increase compared to its 2021 ea
Oil & Gas
Mayer Brown Advises Itochu Corporation in 15-Year LNG Sale and Purchase Agreement With Rio Grande LNG LLC
Singapore, 31 January 2023 – Mayer Brown advised Itochu Corporation in connection with a 15-year Liquified Natural Gas (LNG) sale and purchase agreement with R
Oil & Gas
EU Ramps up Non-Russian Diesel Imports Ahead of Embargo
EU imports of non-Russian gasoil and diesel rose sharply last week, helping to build up inventories ahead of the bloc's impending embargo on Russian oil pro
Oil & Gas
Libya’s Oil Ministry Rejects Key Noc-Eni Gas Deal
Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, sa
Oil & Gas
Big Oil Saw Record $199Bn Profits In 2022 But 2023 Will Be Different
ExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but the outlook for 2023 does not look so bright.ExxonMobil,
Oil & Gas
U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President
United Arab Emirates' Industry Minister Sultan Ahmed Al Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu

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Most views from Oil & Gas Trade

Development plan for Exxon's seventh project in Guyana expected in Q1 2025

Oil & Gas Trade

Growth in LNG Export Capacity Will Be Limited in 2023

Petronas Divests Entire Interest in Engen

North America Dominates the Global Shale Oil Market by Producing 50% Of the Total Market for Shale Oil; Learn About Market Drivers & Restraints.

Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices

What Would War-End Mean for Global Oil and Gas?

India Will Buy Oil From ‘Wherever We Have to’ if Terms Are Beneficial, Energy Minister Says

BP Posts Record Profit and Raises Dividend on Oil Price Boost

Turkey’s Ceyhan Oil Port Disrupted by Weather as Earthquake Damage Assessed

Energy Workforce & Technology Council: Oilfield Services Employment Highest Since March 2020

Shell and Conocophillips More Than Doubled Their Earnings in 2022

Mayer Brown Advises Itochu Corporation in 15-Year LNG Sale and Purchase Agreement With Rio Grande LNG LLC

EU Ramps up Non-Russian Diesel Imports Ahead of Embargo

Libya’s Oil Ministry Rejects Key Noc-Eni Gas Deal

Big Oil Saw Record $199Bn Profits In 2022 But 2023 Will Be Different

U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President

Development plan for Exxon's seventh project in Guyana expected in Q1 2025

IEA Lowers Global Oil Demand Forecasts on Weak OECD Consumption

Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production

Totalenergies Says Oil Production to Hit High End of Q2 Guidance

Devon Raises 2024 Projected Production

Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High