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Oil & Gas
India Revises Gas Pricing Mechanism With Link to Crude
India has approved a revised natural gas pricing mechanism under which domestically produced gas will be benchmarked to 10pc of global crude prices and revised
Oil & Gas
IDC to Fund Kinetiko-Afro Energy JV for South Africa Gas Development
Australian firm Kinetiko Energy has announced that the Industrial Development Corporation of South Africa (IDC) has advanced R16,300,000 as part of its R70,000,
Oil & Gas
Totalenergies and the Iraqi Government Make Plans to Move Forward With Gas Growth Integrated Project
While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have, through exchanges in the pa
Oil & Gas
Fresh Batch of Offshore Contracts Brings Saipem $650 Million
Italian oilfield services provider Saipem has been awarded three new offshore engineering, procurement, construction and installation (EPCI) contracts and two f
Oil & Gas
BAKER HUGHES RECEIVES MAJOR LNG ORDER FROM QATARENERGY
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors (MRCs) fo
Oil & Gas
ACCC No Longer Forecasts Gas Supply Shortfall
The east coast gas market should see sufficient gas supply for 2023, as the latest report from the Australian Competition and Consumer Commission (ACCC) indicat
Oil & Gas
IEC Eyes Maiden Gas Field Development in Indonesia
New York-listed upstream independent Indonesia Energy Corporation (IEC) is negotiating an extension for its producing Kruh block onshore Sumatra, Indonesia, whe
Oil & Gas
Chevron, Marathon Oil and Equatorial Guinea Govt Pursuing Further Development of Gas Mega Hub
Houston-based energy company Marathon Oil Corporation, through its affiliated company Marathon E.G. Holding Limited, has inked a Heads of Agreement (HOA) with t
Oil & Gas
Osaka Gas and Mhi to Collaborate in CO2 Value Chain Development for CCUS
TOKYO, Mar 31, 2023 - (JCN Newswire) - Osaka Gas Co., Ltd. (Osaka Gas) and Mitsubishi Heavy Industries, Ltd. (MHI) have entered into an agreement to conduct a f
Oil & Gas
Gas Hydrates Market to Surpass U$ 4,350.5 Million Valuation Till 2033 Due to Rising Technological Advancements
The global gas hydrates market is expected to register substantial growth at a CAGR of 5.4% from 2023 to 2033. The global market is anticipated to be valued at
Oil & Gas
Handcuffed to Natural Gas Volatility
Can U.S. natural gas be two maddeningly contradictory things at the same time? The answer appears to be a resounding yes. The nation’s supply of natural g
Oil & Gas
Russia Announces Progress With China on the Power of Siberia 2 Gas Pipeline
Following talks in Moscow, Russia has announced progress with China on the proposed Power of Siberia 2 pipeline project, which will be able to deliver 50 bcm/ye
Oil & Gas
Rosneft’s Natural Gas Output Rose by 15% In 2022 (Russia)
The Russian state-owned oil company Rosneft has released its 2022 results, posting a net profit of RUB813bn (US$10.5bn, -7.9% compared to 2021). The group produ
Oil & Gas
IMF: Libya’s Economy Will Depend on Oil and Gas Production for the Foreseeable Future
The country faces the challenge of reducing its reliance on hydrocarbons, while fostering stronger and more inclusive private sector-led growth, lender says
Oil & Gas
BP Ties up With PetroChina to Develop Ccus Cluster in Southern China
Hainan project will draw expertise from BP’s The Net Zero Teesside Power project in UK
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