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Oil & Gas Trade
BP Q1 Profits Slump to $2.7 Billion, Missing Forecasts
Crude Oil
15-11-2023
CNOOC Begins Production at First Phase of Bozhong 19-6 Gas Condensate Field
Men walk past a sign of China National Offshore Oil Corp (CNOOC) outside its headquarters in Beijing, China March 8, 2021. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsChina's CNOOC (0883.HK), has begun production at the first phase of
LNG
15-11-2023
Egypt Expected to Resume LNG Exports in December or January - Eni Exec
The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi/File Photo Acquire Licensing RightsEgypt is expected to resume exports of liquefied natural gas (LNG) in December or January as d
Oil & Gas Trade
15-11-2023
Aramco Produces First Unconventional Gas at South Ghawar
Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsSaudi Arabia's oil giant Aramco said on Tuesday it produced the first tight gas at South Ghawar,
Coal Production
15-11-2023
Glencore's $9 Bln Bet on Coking Coal's Role in Green Transition
Teck Resources sign is on display during the company's annual general meeting in Vancouver, British Columbia, Canada, April 22, 2010. REUTERS/Lyle Stafford/File Photo//File Photo Acquire Licensing RightsA Glencore-led (GLEN.L) consortium deal to b
Oil & Gas Trade
15-11-2023
Chevron Says Natgas Flow Resumes Through Israel-Egypt Pipeline
British Secretary of State for International Trade Kemi Badenoch walks outside Number 10 Downing Street, in London, Britain November 8, 2022. REUTERS/Toby Melville/File photo Acquire Licensing RightsChevron (CVX.N) said on Tuesday that natural gas flows t
LNG
15-11-2023
Snam to Invest 1 Bln Euros in Ravenna Offshore LNG Terminal
Italian gas group Snam logo is seen outside their office in Rome, Italy, June 4, 2020. REUTERS/Guglielmo Mangiapane/File Photo Acquire Licensing RightsItalian gas grid operator Snam (SRG.MI) will invest a total of 1 billion euros ($1.1 billion) in a new l
LNG
14-11-2023
Capital Product Partners Adds 11 New LNG Carriers in $3.1 Billion Deal
Vessel owner Capital Product Partners (CPLP.O) said on Monday it has acquired 11 newly built LNG carriers from Capital Maritime for $3.1 billion, opting for more fuel-efficient engine propulsions as part of the global energy transition.Shipping companies
Oil & Gas Trade
14-11-2023
Chevron Resumes Natural Gas Supply From Israel's Tamar Offshore Field
Chevron logo is seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsChevron (CVX.N) said on Monday it had resumed the supply of natural gas from the offshore Tamar field, a month after it w
Oil&Gas Drilling
13-11-2023
ONGC to Start Oil Production From $5BN Deep-Water Project This Month
State-controlled Oil and Natural Gas Corporation (ONGC) will kick off oil production from its much-delayed flagship deepsea project in Krishna Godavari basin in Bay of Bengal this month, helping reverse years of decline in output, a senior company officia
Oil&Gas Drilling
13-11-2023
Australia's Red Sky Cleared to Start Up Killanoola Oil
Australian oil and gas explorer Red Sky Energy has received approval from the South Australian state government to start production at its DW-1 well, part of the Killanoola oil project in the onshore Otway basin.Red Sky signed an agreement with Australian
LNG
13-11-2023
Uptick in LNG demand in Asia, europe insufficient to drive prices: Russell
Rising demand for liquefied natural gas (LNG) in the top importing regions of Asia and Europe hasn't been enough to spark an increase in spot prices, which continue to languish.The price of spot LNG for delivery to north Asia slipped to $16.50 per
Oil & Gas Trade
13-11-2023
Nigeria restores 275,000 bpd production at totalenergies JV
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsNigeria's state oil firm N
Oil & Gas Trade
13-11-2023
Top LNG importer China re-selling more cargoes, eyes trading gains
China, the world's top importer of liquefied natural gas (LNG), is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings.Armed with a growing portfolio of long-term supply deals recent
LNG
11-11-2023
Top LNG Importer China Re-Selling More Cargoes, Eyes Trading Gains
China, the world's top importer of liquefied natural gas (LNG), is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings.Armed with a growing portfolio of long-term supply deals recent
Natural Gas
10-11-2023
Sulzer Technology Enables Circular Gas Production Plant in the Alps
Sulzer’s mass transfer technologies are being leveraged by Messer, the world's largest privately owned industrial gas specialist, in collaboration with a manufacturer of inorganic chemicals to enable innovative carbon capture and utiliza
Oil&Gas Drilling
09-11-2023
MHI Selected as Technology Licensor for EET Industrial Carbon Capture Targeting UK's First Low Carbon Refinery
Project Underway at Stanlow Refinery, Owned and Operated by Essar Oil UK, in Cheshire CountyMHI will contribute to realization of carbon neutral society through CO2 capture technology for CCUS project in the UKMitsubishi Heavy Industries, Ltd. (MHI) has b
LNG
09-11-2023
Excelerate Energy Signs 15-Year LNG Supply Deal With Petrobangla
The Bangladeshi national gas company will buy 0.85-1MTPA of LNG from Excelerate Energy starting from January 2026Excelerate Energy and Petrobangla forge 15-year LNG partnership. (Credit: Marcos Marcos Mark from Pixabay)Excelerate Energy, a US-based liquef
Oil & Gas Trade
09-11-2023
Qatarenergy-Sinopec's Long-Term LNG Contract Likely Priced Around 12.7% Slope to Oil
The LNG sales and purchase agreement signed between QatarEnergy and China Petrochemical Corp., or Sinopec, was likely priced around 12.7% slope to crude oil, with flexibility for Sinopec to receive LNG cargoes at its terminals in China, market sources sai
LNG
09-11-2023
Evergen Secures 10-Year Offtake Agreement at Growtec Facility in Alberta
EverGen Infrastructure Corp. is pleased to announce the signing of a 10-year offtake agreement with Irving Oil Ltd. for the supply of renewable natural gas (RNG) produced at the Grow the Energy Circle Ltd. facility (GrowTEC). The agreement provides for th
LNG Carrier
09-11-2023
Ascenz Marorka Inks Digital Maritime Services Deal With Brunei Gas Carriers
Ascenz Marorka, a subsidiary of French LNG containment specialist GTT, has signed a contract with Brunei Gas Carriers to provide its Amadi vessel with a comprehensive range of digital maritime services designed for LNG carriers (LNGCs).Illustration only;
LNG
09-11-2023
CMES and Petrochina Unit Conclude 25-Year Lease Deal for Two LNG Carriers
China Merchants Energy Shipping (CMES) has signed a long-term transportation agreement with a subsidiary of PetroChina for two of its LNG carriers under construction.Illustration; Image credit: CMESAccording to a stock exchange filing, CMES signed the agr
LNG
09-11-2023
TGE Pressing On With Construction of Third LNG Tank at ŚWinoujśCie
TGE Gas Engineering, an EPC contractor for the storage and handling of liquefied gases, is advancing the construction of the third LNG tank as part of the expansion project of the LNG terminal in Świnoujście, Poland.TGE Gas is building the LNG tank in con
Oil & Gas Trade
09-11-2023
Russian Oil Shaves India's Import Costs by About $2.7 Billion
India saved roughly $2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data, helping it support economic growth and easing pressure on its trade deficit.Crude oil accounts
Oil & Gas Trade
09-11-2023
Russia Considers Lifting Gasoline Export Ban - Interfax
Flue gas and steam rise out of chimneys and smokestacks of an oil refinery during sunset on a frosty day in the Siberian city of Omsk, Russia, February 8, 2023. REUTERS/Alexey Malgavko//File Photo Acquire Licensing RightsRussia is considering lifting an e
LNG
09-11-2023
New Fortress Delays Start of Mexico's First LNG Plant to December
Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsU.S. liquefied natural gas (LNG) developer New Fortress Energy (NFE.O) has postponed the comm
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