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Oil & Gas
Armour Signs Gas Supply Heads of Agreement
The HOA contemplates the sale of gas produced from the Glyde Field from production startup (mid-CY2025) for 14 years through to the end of CY2039 providing fuel
Coal
Rystad Energy: Fossil Fuel Emissions to Peak Within Two Years
The inflection point for fossil fuel carbon dioxide (CO2) emissions is nigh, with emissions on track to peak by 2025, according to Rystad Energy research and an
Oil & Gas
Svanehøj provides tank gauging system to Venture Global LNG
As the US strives to meet the growing demand for LNG in Europe, more LNG tanks are required. Svanehøj France has provided safety instrumentation and soft
Oil & Gas
Biden Administration Plans to Sell 26 Million Barrels of Crude
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought t
Oil & Gas
OPEC Expects Tighter Oil Market With Lower Supply and Higher Demand
(Bloomberg) – OPEC expects a slightly tighter global oil market than previously forecast as the group nudged up its demand estimate and trimmed its supply
Oil & Gas
Proved Gas Reserves in U.S. Grow To 625.4 Tcf
Proved reserves of natural gas in the United States grew to a new record of 625.4 trillion cubic feet (Tcf) in 2021, the latest year in which full statistics ar
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
Gas Supply Secured for Peak Power Demand: Rk Singh
Fuel supply for gas-based power plants has been secured for the anticipated peak demand, Power Minister RK Singh said on Sunday. If needed, section 11 of the El
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
OPEC+ Agrees to Stick to Oil Output Targets Amid Improving China Outlook
Opec's headquarters in Vienna. APThe Opec+ alliance of 23 oil-producing countries has agreed to roll over its existing oil output cuts as the fuel demand ou
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
Oil & Gas
Cameroon Plans to Halve Fuel Subsidies
The Cameroonian government plans to halve fuel subsidies in 2023. Indeed, the authorities are expected to allocate for the subsidies in 2023 only half of the XA
Oil & Gas
Colombia Will Not Issue New Oil and Gas Exploration Contracts
The Colombian Ministry of Mines has announced that Colombia would not issue new oil and gas exploration contracts, and will now rely on tourism and green energy
Oil & Gas
Sonatrach Eni: Sign Two Strategic Agreements on Increasing Natural Gas Supply and Reducing Emissions
Toufic Hokkar, president and CEO of Sonatrach Group, and Claudio Descalzi, general manager of Eni, signed two strategic memorandums of intent in Algiers on Mond
Oil & Gas
Turkmenistan Resumes Gas Supplies to Uzbekistan
TASHKENT, Jan 23 (Reuters) - Turkmenistan resumed gas supplies to Uzbekistan on Jan. 21 and their volume is gradually rising, Uzbek pipeline operator Uztransgaz
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