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Oil & Gas Trade
COP29 Climate Summit Host Azerbaijan Defends Oil and Gas Investments
Oil Price
07-07-2023
Callon Petroleum Company Announces the Closing of Delaware Basin Acquisition and Eagle Ford Divestiture
HighlightsReduces Outstanding Debt by Approximately $300 MillionWill Commence Share Buyback Program in the Third QuarterCallon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today (July 5) announced that it closed its previo
Oil & Gas Trade
07-07-2023
BP Energy Partners Announces Sale of Mesa Natural Gas Solutions
BP Energy Partners, LLC ("BPEP"), a Dallas, Texas based, investment manager has closed on the sale of Mesa Natural Gas Solutions, LLC ("Mesa" or "the Company"), a portfolio company of BP Natural Gas Opportunity Partners, L.P.
LNG
06-07-2023
Tinubu Backs $5BN Floating LNG Project Implementation Venture to Provide 7,000 Jobs, Crash Prices —Rone
PRESIDENT Bola Tinubu on Wednesday gave his support to the implementation of a $5 billion Floating Liquefied Natural Gas (FLNG) project in the country.He gave the backing when he received a group of investors made up of UTM FLNG, TECHNIP Energies of Franc
Oil&Gas Drilling
05-07-2023
Ftse-Listed Prospex Confirms First Gas at New Italian Field
Prospex trades on the London Stock Exchange’s FTSE Aim All-ShareProspex Energy has announced first gas production at the freshly developed onshore Selva field in the Po Valley region of Northern Italy.The London-listed energy investment speciali
LNG Carrier
05-07-2023
HD Korea Shipbuilding Wins 96.9 Bln-Won Order for 1 LNG Carrier
South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Wednesday it has clinched a 96.9 billion-won (US$73.97 million) order to build one liquefied petroleum gas (LPG) carrier for an Oceanian shipper.Hyundai Mipo Dockyard Co., one
Oil & Gas Technology
05-07-2023
Gazprom Subsidiary Files Lawsuits Against Deutsche Bank and Commerzbank
The logo of Gazprom company is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim ShemetovRusKhimAlyans, a subsidiary of Russian gas giant Gazprom (GAZP.MM), has filed lawsuits seeking
Oil Price
04-07-2023
Saudi Arabia, Russia Deepen Oil Cuts, Sending Prices Higher
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File PhotoSaudi Arabia and Russia, the world's bigge
Oil&Gas Drilling
04-07-2023
Nigeria, Angola Now Africa's Biggest Oil Drilling Markets – Report
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude oil drilling markets in Africa, data from the June 2023 Offshore Rigs Tracker, released on Monday by Hawilti and the Caverton Offshore Support Group
Oil Price
04-07-2023
Sheetz to Offer $1.776 Gas for July 4th in Much of the Region
HUNTINGTON/CHARLESTON, W.Va. (WSAZ) - How does $1.77 a gallon gas sound?It will be a reality Tuesday, July 4 for Sheetz customers in parts of the Mid-Atlantic, Midwest and South -- including West Virginia and Ohio, according to a release from the company.
Oil Pipeline
03-07-2023
Leviathan Partners in Israel to Invest $568 Million in Third Gas Pipeline
An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023. REUTERS/Amir Cohen/File PhotoPartners in the Israeli offshore gas project Leviathan said on Sunday the
LNG Carrier
03-07-2023
ORLENr's LNG Carrier GrażYna Gęsicka Reaches Poland
The second vessel of the fleet of gas carriers being built for the ORLEN Group has arrived at the port in Świnoujście, Poland, with a cargo of liquefied natural gas (LNG).Courtesy of ORLEN GroupThe vessel Grażyna Gęsicka delivered some 65,000 tons of LNG
Oil&Gas Drilling
03-07-2023
Reliance, BP Start Gas Production From Mj Field Offshore India
The MJ field in is expected to have peak gas production of around 12 million standard cubic metres of gas per day and 25,000 barrels of condensate per day.
Oil & Gas Trade
03-07-2023
UK-Listed Player Secures Funding for Key African Gas Project
Morocco’s Attijariwafa Bank will be financing the African gas field’s second development phaseLondon-listed player Sound Energy has secured crucial funding for executing the second development phase of the company’s Tendrara
LNG
03-07-2023
US Dept of Energy Grants Export License to Gulfstream LNG
Gulfstream LNG Development has received an export authorization from the U.S. Department of Energy to advance its proposed liquefied natural gas export plant in Louisiana, the company said on Friday.Gulfstream LNG Development has received an export author
Oil & Gas Trade
03-07-2023
India's Oil Imports From Russia Climb to New Peak as Limit Nears
Source: Kpler(Bloomberg) -- India’s imports of Russian oil hit another record last month as the South Asian nation potentially nears the limit of its buying splurge from the major OPEC+ producer.Daily volumes climbed to 2.2 million barrels a day
Oil & Gas Supply
03-07-2023
EPA and DOE to Provide More Than $1B to Reduce Methane Emissions From Oil and Gas Sector
The US Environmental Protection Agency (EPA) and US Department of Energy (DOE) are partnering to provide more than $1 billion in funding to help reduce methane emissions from the oil and gas sector through the creation of the Methane Emissions Reduction P
Oil Price
01-07-2023
Iran Exports $19 BN of Crude Oil Jan-May
The latest data released by the Energy Information Administration of the United States (EIA) shows that Iran has exported $19 billion of crude oil in the first five months of 2023.The EIA said in its latest report said that the total oil export of 13 OPEC
Saudi Arabia
01-07-2023
Petrofac Lands $700M Adnoc Epc Contract for Gas Plant
Petrofac, a leading international service provider to the energy industry, has been signed up by Adnoc Gas Processing, a key subsidiary of Abu Dhabi National Oil Company (Adnoc), to undertake a significant new engineering, procurement and construction (EP
Oil and Gas Equipment
01-07-2023
Shell Company Opens Gas Stations in Armenia
YEREVAN — On June 29, 2023, Royal Oil, official licensee of Shell brand in Armenia, launched the first two Shell branded fuel stations at 6/3 and 15/1 of Artashat Highway in Yerevan.Among the guests of the official opening ceremony were Vahan Kerobyan, RA
Oil & Gas Trade
01-07-2023
Europe Spends Nearly Half Billion Euros for Azerbaijani Gas Imports
Europe's expenditure on Azerbaijani gas imports in April 2023 have reached nearly 490 million euros, Trend learned from Eurostat, the statistical office of the European Union.In April 2023, Azerbaijan supplied 1.047 billion cubic meters of natural
Oil & Gas Trade
30-06-2023
Chevron Offers to Sell Oil and Gas Properties in New Mexico, Texas
Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major looks to cull acreage after major shale acquisitions.The second-largest U.S. oil and gas producer l
Crude Oil
30-06-2023
Oil Companies on Fundraising Spree for Energy Transition
Oil companies have been scurrying the equity market to meet expenses of energy transition they have set for themselves.NEW DELHI: Oil companies have been scurrying the equity market to meet expenses of energy transition they have set for themselves. Recen
Gas Turbine
30-06-2023
Gas Turbine Combustion Auto-Tuning Solution Reduces Nox Emissions by 120 Tonnes a Year
To meet the new emissions standard, it was clear the turbine required a retrofit solution.Chinese powerplant meets new emissions standard with bespoke solution developed by Sulzer.Governments around the world are cracking down on nitrogen oxide (NOx) emis
Oil & Gas Trade
30-06-2023
Average price cap forecasts fall as Ofgem revises definition of typical energy consumption
Prior to the upcoming introduction of the July Default Tariff Cap (price cap), Cornwall Insight is unveiling its latest predictions. Starting from October 2023, the forecast stands at £1,871 per annum for a typical consumer, and from January 202
LNG Carrier
29-06-2023
CoolCo Buying Two Lng Carriers Newbuilds for $234M Each
LNG shipowner Cool Company (CoolCo) has exercised its option to acquire two newbuild LNG carriers from affiliates of EPS Ventures.CoolCo said that the Mega LNG carriers were scheduled to be delivered from Hyundai Samho Heavy Industries (HHI) in September
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