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Oil & Gas Trade
COP29 Climate Summit Host Azerbaijan Defends Oil and Gas Investments
Oil&Gas Drilling
09-08-2023
Adnoc Gas Awards $3.6bn Deal to Expand Facilities
Adnoc Gas, a world-class integrated gas processing company, on Wednesday announced the award of a $3.6 billion contract to the joint venture between National Petroleum Construction Company Co (NPCC) and Tecnicas Reunidas to expand its gas processing infra
Oil&Gas Drilling
09-08-2023
Triple Treat: TMK Proves Gas Flow From Three Wells
TMK Energy’s Lucky Fox-2 flaring its continuous gas flow. Credit: File.Perth-based TMK Energy has proven its Gurvantes XXXV coal seam gas project in Mongolia can flow gas to surface from all three of its pilot wells, with a sustained flare fed b
LNG
09-08-2023
Saipem Lays Gas Pipeline for Greece's First Offshore LNG Terminal
Pipelaying activity for Gastrade’s Alexandroupolis LNG terminal, the first offshore LNG project in Greece, has been completed.Archive; Courtesy of GastradeOn 8 August, oilfield services provider Saipem shared an update on social media stating it
Oil & Gas Supply
09-08-2023
New Fortress to Begin Operations at Mexican Floating LNG Plant in Sept
U.S. energy supplier New Fortress Energy (NFE.O) on Tuesday said it intends to start operations at the first of three planned floating LNG plants in Altamira, Mexico, in September, in the country's first production of the super-chilled gas.New For
LNG
08-08-2023
China's Zhejiang Energy Receives First Lng Cargo at New Wenzhou Terminal
Second LNG terminal to start operations in China in 2023Wenzhou terminal has LNG receiving capacity of 3 million mt/yearFourth LNG terminal in Zhejiang province key to downstream gas supplyChina's Zhejiang provincial government-controlled Zhejiang
Oil&Gas Drilling
08-08-2023
OMV Spuds Gas-Condensate Prospect With Transocean Rig
OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has started drilling an exploration well in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.Transocean Norge; Source: TransoceanThis comes after OMV secur
LNG Carrier
08-08-2023
Russian Shipyard Zvezda Launches New Arctic Ships for Oil and LNGTransport
Launch ceremony for ice-capable oil and LNG carriers at Zvezda shipyard last week. (Source: Zvezda)Construction work at the Zvezda shipyard reached the next milestone with the successful launch of an oil tanker for Rosneft and an LNG carrier for Novatek.
Oil & Gas Trade
08-08-2023
Chevron Acquires Pdc Energy, Creating the Largest Oil & Gas Business in Colorado
Denver-based PDC Energy has been acquired by Chevron Corporation, creating Colorado's largest oil and gas company. The deal comes three years after Chevron acquired Noble Energy.The new company will now hold 600,000 acres statewide - about half of
LNG
07-08-2023
Final Investment Decision Delay for $2.4 Billion Canadian Lng Project
The final investment decision has been pushed back for the US$2.4 billion greenfield Cedar floating liquefied natural gas (FLNG) project in Canada, after the partners elected to progress a second front-end engineering and design study.The pairing of South
Oil Pipeline
07-08-2023
Kazakhstan Plans to Supply 100,000 Tonnes of Oil to Germany via Druzhba Pipeline in Aug
Kazakhstan intends to supply 100,000 tonnes of oil to Germany in August 2023 using the Druzhba oil pipeline, the press service for the Kazakh Energy Ministry said on Sunday."In August of this year, 100,000 tonnes of oil from the stocks of the Karacha
Oil & Gas Supply
07-08-2023
India's Top Oil and Gas Producer ONGC Planning to Set Up Two Oil-To-Chemical Plants
India’s top oil and gas producer ONGC is planning to set up two oil-to-chemical plants in India to convert crude oil directly into high-value chemical products as it prepares for an energy transition that is shaking up the industry worldwide, ch
Oil Pipeline
07-08-2023
Poland Hopes to Fix Leak in Russia's Druzhba Oil Pipeline by Tuesday
A view shows a leak detected in Druzhba oil pipeline as reported by Polish pipeline operator PERN, in Chodecz, Poland August 5, 2023, in this picture obtained from social media. Anna Trzeciakowska via X/via REUTERSPolish pipeline operator PERN said it had
Oil & Gas Supply
07-08-2023
Ukraine Will Not Renew the Contract for the Transit of Russian Gas to the EU After 2024.
Ukraine has warned Austria that it does not plan to extend the gas transit contract, DW economic expert Andriy Gurkov said. He notes that the Ukrainian route mainly serves Austria, with some small gas volumes that ship to Hungary and Italy. Therefore, the
LNG
06-08-2023
McDermott Officially Starts Construction of Woodfibre LNG Project
Construction of the Woodfibre LNG, a project being developed by Pacific Energy and Enbridge, has officially begun as Qingdao McDermott Wuchuan (QMW) fabrication yard, a joint venture of McDermott and China State Shipbuilding Corporation (CSSC), started bu
Renewable Energy
06-08-2023
Clean Energy Vessels Propel Yangzijiang Shipbuilding’s Soaring Orderbook to $14.70 Bln
In the midst of a thriving shipbuilding upcycle fueled by the global decarbonization drive, Singapore-listed shipbuilder Yangzijiang Shipbuilding has secured a staggering $5.76 billion worth of orders for 72 vessels in the first half of 2023.The strong de
LNG
06-08-2023
TGEMarine Wraps up Gas Trial on Vlgc Gas Neptune
German provider of engineering services for the design and supply of gas carriers TGE Marine Gas Engineering has completed gas trial onboard very large gas carrier (VLGC) Gas Neptune.As explained, the milestone marks the completion and delivery of Wideshi
Oil and Gas Equipment
05-08-2023
Project to Repurpose Natural Gas Pipelines to Hydrogen Gets Green Light From Ofgem
Hydrogen project progresses to next stage following successful tests on pipeline between Grangemouth and Granton in ScotlandApproval by regulator Ofgem represents key milestone for this first-of-its-kind hydrogen projectMore testing including the first ev
Oil Price
05-08-2023
Azerbaijani Oil Price Exceeds $90
Baku, August 5, AZERTACThe Azerbaijani oil price has increased in the world markets.The price of a barrel of Azeri Light crude oil rose $1.21 to trade at $90.11.
Coal Production
05-08-2023
Turkey Approves New Coal Mining to Feed Power Plants
Police used water cannon and teargas against local people and environmental activists who protested against the destruction of the Akbelen forest in Turkey’s western province of Muğla, July 29, 2023. © 2023 Mert Can Bük&uum
Oil&Gas Drilling
05-08-2023
Canada-Based Trillion Energy to Explore Oil in Southeastern Türkiye
Canada-based energy company Trillion Energy has announced that it has entered into a farm-in agreement with Derkim Poliüretan Sanayi to earn a 50 percent working and revenue interest in three oil exploration blocks within the Cudi-Gabar petroleum
Oil&Gas Drilling
05-08-2023
UK Businesses Punished by £3.5bn Energy Surcharge, Labour Says
Starmer North SeaBritish industry has paid a £3.5bn premium on its energy costs under the Conservatives, Labour has claimed, weeks after Sir Keir Starmer said he would ban new oil and gas exploration in the North Sea.UK companies are paying 62pc
Oil and Gas Equipment
05-08-2023
Totalenergies Reports Pump Leak, Unit Shutdown at Texas Oil Refinery
TotalEnergies Petrochemicals & Refining USA reported a leaky pump at its oil refinery in Port Arthur, Texas, which it said forced it to shut down a unit."A pump located in unit 825 developed a leak that reached the reportable quantity of un-speci
Oil and Gas Equipment
05-08-2023
Nigeria's Tinubu Hails Significant New Gas-Fired Power Plant
Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File PhotoNigeria began construction of a 1,350 megawatt gas-fired power plant near its capital Abuja on Friday, the f
LNG
04-08-2023
Construction of LNG Canada Pipeline, Coastal Gaslink, in Full Swing
Coastal GasLink, the 670-kilometre pipeline that will transport natural gas to the approved LNG Canada facility near Kitimat, is nearly 92% complete, according to the latest construction update.Courtesy of Coastal GasLinkSummer construction season is in f
LNG
04-08-2023
Air Products Secures Work on Nextdecade's Rio Grande LNG Project
Industrial gases company Air Products has signed agreements to supply its proprietary LNG process technology and equipment to Rio Grande LNG Phase 1 Project being developed by NextDecade in Brownsville, Texas.Illustration; Archive; Courtesy of NextDecadeA
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