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LNG
Stena Bulk Bids Farewell to Its Last LNG Tanker
Oil&Gas Drilling
20-04-2024
NNPC Ltd, First E&P Begin Production at OML 85, Target 20,000BPD
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as Madu Field.Producti
Oil Field
19-04-2024
Canacol Makes Second Gas Discovery in Weeks in Colombian Basin
Canacol Energy Ltd. announced Thursday a natural gas discovery in the Chontaduro 1 well, its second gas discovery in weeks in the same license area in Colombia’s Lower Magdalena Basin.Drilled to a total depth of 9,625 feet, the exploration well
Oil & Gas Trade
19-04-2024
Nigeria Strikes Deal with Shell to Supply $3.8 Bln Methanol Project
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsNigeria has struck a deal for S
Gas Pipeline
18-04-2024
Croatia Signs €400 Million New Gas Pipelines Contract
The Croatian government has announced plans to construct two natural gas pipelines totalling €400 million (US$430 million) to improve the country's gas supply security and facilitate deliveries to neighbouring Hungary and Slovenia.The pro
Oil & Gas Trade
18-04-2024
Azerbaijani Oil and Gas Sector Invested $0.8 BN in First Q
In January-March of the current year, funds of AZN1,4bn ($0.8bn) were directed to the oil and gas sector, Azernews reports, citing the State Statistics Committee.The volume of investments in Azerbaijan's oil and gas sector increased by 2.7 percent
Oil & Gas Trade
18-04-2024
Oil Inches up After U.S. Reimposes Venezuela Oil Sanctions
El Palito refinery of the Venezuelan state oil company PDVSA is pictured, in Puerto Cabello, Venezuela February 10, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo Purchase Licensing RightsOil prices rose in early trade on Thursday, slightly paring th
Oil & Gas Trade
18-04-2024
FGto Execute $3.8bn Gas Supply Agreement in May
The Gas Supply and Purchase Agreement to support the Final Investment Decision for the $3.8bn Brass methanol project is to be executed in May 2024, the Federal Government announced on Monday.The Brass methanol project is a major industrial project being b
Natural Gas
18-04-2024
South Africa's Petrosa Targets Mozambique Gas in New Sales Deal
South Africa's PetroSA expects the first flows of gas into the country from a deal with Mozambique's national energy company ENH later this year, officials said, amid efforts to shore up supplies ahead of a potentially crippling shortage.H
Crude Oil
18-04-2024
India's Crude Oil Imports Remain Stable at 232.5 Million Tons in Fy 2023-24
A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo Purchase Licensing RightsIndia imported 232.5 million metric tonnes (MMT) of crude oil in the financial year 2023-24, compar
Oil & Gas Trade
18-04-2024
Iraqi, US Companies Sign Agreements to Capture, Burn Gas for Power
Flames emerge from a flare stack at the West Qurna 1 oilfield in Basra, Iraq January 1, 2024. REUTERS/Mohammed Aty/File Photo Purchase Licensing RightsIraqi and U.S. companies signed a series of agreements on Wednesday to capture natural gas traditionally
Oil & Gas Trade
17-04-2024
BP Starts Oil Production From $6BN Ace Project in Caspian Sea
Azeri Central East joins six other offshore platforms installed on the ACG field off the coast of Baku, which has been producing since 1997 and has yielded more than 4.3 billion barrels of oil to dateBP expects production from the ACE platform to ramp up
Oil & Gas Supply
17-04-2024
BP Starts Oil Production at New Offshore Platform in Azerbaijan
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsBP (BP.L), opens ne
LNG
17-04-2024
Rupture on TC Energy's NGTL Gas Pipeline Sparks Wildfire in Alberta
A section of TC Energy's (TRP.TO), opens new tab NGTL gas pipeline system in Alberta ruptured and caught fire on Tuesday, sparking a wildfire in a remote area, the company said."An initial ignition of natural gas at the rupture site is now ex
Oil Field
16-04-2024
Valeura Makes Three Oil Discoveries Offshore Thailand
Valeura declared three new oil discoveries in the Gulf of Thailand.Valeura Energy Inc. on Monday declared three oil discoveries in the Gulf of Thailand, two in the Wassana field and one in the Nong Yao field.In Wassana, where Calgary City, Canada-based Va
LNG
16-04-2024
Russia's Gazprom Ships Second LNG Cargo From Portovaya to Spain - LSEG Data
A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo and Russian flag in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsRussia's Gazprom (GAZP.MM), opens new
OPEC
16-04-2024
OPEC Woos Namibia as African Nation Prepares to Produce From 2030
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard Foeger/File Photo Purchase Licensing RightsThe OPEC+ oil producers group, having lost Angol
Oil & Gas Trade
16-04-2024
EQT to Sell Some Natgas Assets in Pennsylvania to Equinor USA
The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo Purchase Licensing RightsEQT (EQT.N), opens n
Oil & Gas Trade
16-04-2024
US Oil Output From Top Shale Regions to Rise in May, EIA Says
A pump jack lifts oil out of a well during a sandstorm in Midland, Texas, U.S., April 13, 2018. Picture taken April 13, 2018. REUTERS/Ann Saphir/File Photo Purchase Licensing RightsU.S. oil output from top shale-producing regions will rise in May to the h
Oil & Gas Trade
16-04-2024
India Raises Windfall Tax on Petroleum Crude
An Oil and Natural Gas Corp's (ONGC) well is pictured in an oil field on the outskirts of the western city of Ahmedabad, India, February 10, 2016. REUTERS/Amit Dave/File Photo Purchase Licensing RightsThe Indian government has raised its windfall
Oil & Gas Supply
16-04-2024
Canada's Tamarack Valley Shutters Production After Alberta Gas Plant Fire
Canadian oil and gas producer Tamarack Valley Energy (TVE.TO), opens new tab has temporarily shut in about 6,200 barrels of oil equivalent per day (boepd) of production after a fire at a third-party gas plant at Mitsue, Alberta, CEO Brian Schmidt said on
Oil Field
15-04-2024
Valeura Energy Inc.: Three Oil Discoveries in the Gulf of Thailand
Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, is pleased to announce three oil discoveries on its
Oil & Gas Trade
15-04-2024
Japanese Investors Partner With I Squared Capital on Us$370 Million Strategic Investment in Natural Gas Infrastructure to Accelerate the Energy Transition in India
Japanese investors to take a minority stake in a Singapore-based holding company with investments in companies developing city gas distribution networks in India.- Transaction to provide fresh injection of equity to support new infrastructure investments
Oil & Gas Trade
15-04-2024
Kazakhstan to Compensate for Exceeding OPEC+ Quota in March
An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo Purchase Licensing RightsKazakhstan will compensate for exceeding its oi
Oil Field
15-04-2024
88 Energy Strikes Second Oil Discovery in Alaska
88 Energy Limited celebrates a significant milestone with the second light oil discovery at the SMD-B reservoir in its Hickory-1 well, Alaska, yielding a peak flow rate of around 50 barrels per day. With minimal associated gas flow, the results confirm th
Crude Oil
15-04-2024
Niger and China Sign Crude Oil MoU Worth $400 Mln, Says Niger State TV
Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of crude oil from its Agadem oilfield, Niger state television RTN reported late on Friday.RTN did
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