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Oil & Gas Trade
BP Q1 Profits Slump to $2.7 Billion, Missing Forecasts
Oil & Gas Supply
13-10-2023
Chevron Australia, LNG Unions Make Further Progress in Talks, More Planned for Friday -Union Official
A general view of Chevron's Wheatstone LNG facility in Pilbara coast, Western Australia, as seen in this undated handout image obtained by Reuters on September 8, 2023. Chevron/Handout via REUTERS/File Photo Acquire Licensing RightsChevron and uni
Natural Gas
13-10-2023
North Dakota Natgas Output Hits Record High in August, Flaring Rises
Natural gas production in North Dakota rose to a record 3.303 billion cubic feet per day (bcfd) in August from the prior all-time high of 3.292 bcfd in July, while the amount of gas flared increased, according to the North Dakota Industrial Commission on
Oil & Gas Supply
12-10-2023
Russia's October Oil and Gas Revenue Set for Big Jump, Reuters Calculations Show
An oil pipe is seen in front of a drilling rig at a Lukoil-owned oil field outside the West Siberian city of Kogalym, Russia, January 25, 2016. REUTERS/Sergei Karpukhin/File Photo Acquire Licensing RightsMOSCOW, Oct 11 (Reuters) - Russia's oil and
Oil & Gas Trade
12-10-2023
Exxon Secures Lead in Top US Oilfield With $60 Billion Buy of Shale Rival Pioneer
Exxon Mobil (XOM.N) agreed to buy U.S. rival Pioneer Natural Resources (PXD.N) in an all-stock deal valued at $59.5 billion that would make it the biggest producer in the largest U.S. oilfield and secure a decade of low-cost production.The deal, valued at
LNG
12-10-2023
Venture Global Seeks to Commence Some Service at Louisiana Calcasieu LNG Plant
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo Acquire Licensing RightsU.S. liquefied natural gas (LNG) company Venture Global LNG asked feder
Gas Turbine
11-10-2023
Investor Files Request to Develop 2.5GW Gas-Fired Power Plant in Romania
Mass Group Holding, the company that bought the Mintia thermal power plant in Romania, has sent a letter to the Ministry of Energy expressing its interest in separately building a new natural gas power plant with a capacity of up to 2,500 MW, according to
LNG
11-10-2023
Exclusive: Eni and Partners to Decide on Mozambique LNG Investment by Mid 2024, Sources Say
Eni logo is seen at the Milan's stock exchange during the "Eni Investor Day", Milan, Italy, April 4, 2016. REUTERS/Stefano Rellandini/File Photo Acquire Licensing RightsItaly's Eni SpA (ENI.MI) hopes to reach a final investment d
Natural Gas
11-10-2023
Chevron Halts Gas Exports via EMG Pipeline From Israel to Egypt
A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken Feb. 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsChevron (CVX.N) has halted natural gas exports through a major subse
Oil & Gas Trade
10-10-2023
Pakistan Mulls Plan to Complete Iran Gas Project Sans US Sanctions
Iranians work on a section of a pipeline in the Iranian border city of Chah Bahar on March 11, 2013 . — AFP"Iranian authorities are also on the board," say officials.Pakistan seeks to avoid $18 billion penalty sought by Tehran.Pakistan failed to
LNG Carrier
10-10-2023
Samsung Wins 350.8 Bln-Won Order for LNG Carrier
South Korean shipbuilder Samsung Heavy Industries Co. said Tuesday it has bagged a 350.8 billion-won (US$260 million) order to build a liquefied natural gas (LNG) carrier for an Asian shipper.The vessel will be delivered to the undisclosed shipping compan
Oil & Gas Supply
10-10-2023
BP Launches Renewable Natural Gas Plant in Indiana
BP plc’s Archaea Energy has officially launched its Archaea Modular Design (AMD) renewable natural gas (RNG) plant in Medora, Indiana.The Medora plant captures the gas from a landfill owned by Rumpke Waste and Recycling and converts it to electr
Oil & Gas Trade
10-10-2023
Qatarenergy and Chevron Phillips Chemical Secure $4.4bn Financing for Ras Laffan Petrochemicals Project
QatarEnergy and Chevron Phillips Chemical Company LLC (CPChem) yesterday announced that they have secured $4.4bn financing for the Ras Laffan Petrochemicals project, a world scale integrated polymers complex in Ras Laffan Industrial City, Qatar.The senior
Oil & Gas Trade
10-10-2023
Zajel Ships Huge Oil and Gas Cargo From the Uae to Iraq's Umm Qasr
Photo: Zajel LogisticsBasra (IraqiNews.com) – A large oil and gas shipment in the Gulf from the UAE’s Jebel Ali Port in Dubai to Iraq’s Umm Qasr Port was recently handled successfully by Zajel, a logistics company based in th
LNG
10-10-2023
Chevron Australia Receives Strike Notice at LNG Plants
Up to 500 workers at Chevron Australia's LNG facilities could walk off the job again from next week after the Offshore Alliance (OA) union filed a notice of intent to restart strikes.Chevron confirmed receipt of notices of an intention to take pro
LNG
10-10-2023
Fincantieri to Build LNG Dual-Fuel Ropax Ferry for Sicilian Region
Italian shipbuilder Fincantieri has signed a contract for the construction of liquified natural gas (LNG) dual-fuel RoPax ferry for Sicilian Region.FincantieriAs explained, the ferry will have a length of about 140 meters and about 14,500 gross tons. It w
LNG
10-10-2023
Beihai's First 210,000-Ton LNG Dual-Fuel Bulk Carrier Completes Sea Trial
A 210,000-ton LNG dual-fuel bulk carrier built by Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has completed sea testing.Courtesy of CSSCCSSC said that during the trial, the shipowner, ship inspector, shipyard and serv
Oil & Gas Trade
10-10-2023
Exxon-Pioneer Tie-up Could Squeeze US Shale Oil Suppliers, Pipelines
ExxonMobil and Pioneer Natural Resources logos are seen in this illustration Top US oil producer ExxonMobil's planned acquisition of the No. 1 Permian shale producer Pioneer Natural Resources could further restrain output growth in the largest US
LNG
09-10-2023
Enbridge CEO Calls on Canada to Boost Support for LNG Development
Greg Ebel, President and CEO of Canadian pipeline and energy company Enbridge, has urged Canada to show leadership to the world in lowering global emissions, reducing energy poverty and supporting the progress of Indigenous communities in the country.Cour
Oil Field
09-10-2023
Norway Greenlights Startup of Tommeliten Field
ConocoPhillips Co. has received approval from Norwegian authorities to begin production at Tommeliten A, a mostly gas and condensate field in the North Sea.With an estimated recoverable resources of 150 million barrels of oil equivalent, the field is expe
Oil & Gas Trade
09-10-2023
Uzbekistan, Russia's Gazprom Talk Gas Supply Contracts
Ministry of Energy of Uzbekistan, Russian Gazprom energy company are discussing medium- and long-term gas supply contracts, Trend reports.On October 7, Presidents of Uzbekistan, Kazakhstan and Russia launched Russian gas supplies to Uzbekistan. Uzbekistan
Oil & Gas Supply
09-10-2023
Allseas Bags Pipeline Services Contract for BP's GTA Gas Project
Allseas has secured a contract with BP plc to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal.The contract covers the installation of approximately 46.6 miles (75 k
Oil Price
09-10-2023
Global oil prices rise following Hamas-Israel conflict
A recent analysis by Nairametrics on global crude prices reveals an upswing in oil prices following the Hamas attack on Israel.This is a tragic event that resulted in the loss of over a thousand lives on both the Israeli and Palestinian fronts.This incide
Oil & Gas Trade
09-10-2023
Abu Dhabi's Oil Champion ADNOC Bets on Global Expansion
The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximise earnings for the Gulf state.Like Gulf ne
Oil & Gas Trade
09-10-2023
Australia's Walyering Starts Gas Sales
Australian independent Strike Energy began sales of gas from its Walyering field in Western Australia's (WA) Perth basin on 1 October, with it reporting production has stabilised at 20 TJ/d (534,000 m³/d).The joint venture, 55pc owned by
Oil & Gas Trade
09-10-2023
Investors Commit $1BN to Gas-To-Power Projects
Out of the $80bn gas-to-power projects planned to be established in Nigeria, only $1bn has been committed to these projects by investors, an oil and gas report seen on Sunday showed.In the report, which was put together after the recently concluded policy
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