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Oil & Gas

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Oil&Gas Drilling
29-11-2023

Shell Authorizes Engineering, Construction Work on Manatee Gas Field
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 Acquire Licensing RightsShell PLC (SHEL.L) has authoriz
Oil&Gas Drilling
28-11-2023

Offshore Oil & Gas Exploration Heats up in Namibia as Galp Spuds Prospect While Chevron Seeks Green Light for Multi-Well Drilling Program
Portuguese oil and gas company Galp has kicked off drilling operations at a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries. On the other hand, the U.S. oil major Chevron is
Oil Price
28-11-2023

Oil Prices Rise on Weak Dollar, Expectations for OPEC+ Output Cuts
A person puts gas in a vehicle at a gas station in Manhattan, New York City, U.S., August 11, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing Right.Oil prices rose slightly on Tuesday due to a weak dollar, and expectations that the OPEC+ producer
Oil Field
28-11-2023

Environmentalists Ask Norway Court to Stop Three Oil and Gas Fields
Greenpeace activists demonstrate in front of the Norwegian oil and energy ministry in central Oslo, Norway June 24, 2021, a day after the country granted exploration oil licenses in the Arctic. The sign (L) reads "No to new oil". REUTERS/Gwladys
LNG
28-11-2023

Australia Pacific LNG Deliveries Disrupted Due to Tanker Outage
The logo of Australian energy company Origin is pictured in Melbourne, Australia, July 3, 2016. Picture taken July 3, 2016. REUTERS/Jason Reed/File Photo Acquire Licensing RightsOrigin Energy (ORG.AX) said on Tuesday it had reduced gas supply to the Austr
Oil & Gas Trade
28-11-2023

Shell's Prelude LNG Facility Expected to Resume Exports Next Month
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 Acquire Licensing RightsShell (SHEL.L) has almost finish
LNG
28-11-2023

Italy's Eni Wins $600 Mln Case Against Germany's Uniper
Uniper logo is displayed in this illustration taken September 5, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsUniper (UN01.DE) has to pay 550 million euros ($600 million) to Italy's Eni (ENI.MI), three trading sources s
LNG
28-11-2023

Delfin Signs 15-Year LNG Supply Agreement With Gunvor
Delfin Midstream Inc said on Monday it had entered into a long-term liquefied natural gas (LNG) supply agreement with global commodity trader Gunvor.Delfin said in a news release its LNG plant in Louisiana will supply between 500,000 to 1 million tonnes o
Oil & Gas Trade
27-11-2023

BP Enters Japan's Power Retail Market
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 PhotoBP said on Monday it has entered Japan
LNG
27-11-2023

Court Fines Germany's Uniper $600 Million Over LNG Contract Pricing
Uniper has to pay 550 million euros ($600 million) to a European supplier of liquefied natural gas, the German state-owned utility said on Sunday, citing a ruling by an arbitration court over a contract concluded prior to the group's spin-off in 2
Crude Oil
27-11-2023

China Raises Fuel Oil Import Quotas by 3 Mln Tons for Non-state Firms
China has issued an additional 3 million metric tons in fuel oil import quotas in 2023 for non-state firms, according to a notice released by the country's Ministry of Commerce on Monday.The additional quota takes the total for 2023 to 19.2 millio
Oil & Gas Supply
27-11-2023

Reggane Nord Gas Project, Algeria
Reggane Nord is an operational onshore natural gas project located in Algeria, around 1,500km from the capital of Algiers.The project is operated by the Groupement Reggane Nord (GRN), a consortium comprising Algeria’s national state-owned oil co
Crude Oil
27-11-2023

Nigeria Lost 3,000 Barrels of Crude to Offshore Spill – Nosdra
About 3,000 barrels of crude oil were lost to the November 15 oil spill from the offshore Egina Floating Production Storage and Offloading (FPSO) vessel of TotalEnergies.The FPSO located 130 kilometres off the Atlantic coastline from Port Harcourt has cap
Oil & Gas Supply
27-11-2023

Fed Gov securing gas for domestic supply
The Federal Government has announced that two new enforceable commitments have been secured to supply more gas to the east domestic gas market, with other commitments in the works.The new commitments total up to 300PJ of gas to 2030, and close to 140 PJ t
Oil & Gas Trade
27-11-2023

Sri Lanka to Ok Sinopec's $4.5 Bln Refinery Proposal on Monday -Minister
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsSri Lanka will likely ap
Oil & Gas Trade
27-11-2023

Workers Strike at Shell's Mossmorran and St Fergus Energy Plants
British union Unite on Monday said around 150 Kaefer contractors employed at Shell (LON:RDSa)'s Mossmorran and St Fergus energy plants have started a week-long strike action in a dispute over cost of living pay.Unite said contracts will their end stri
Australia
27-11-2023

Senex, APLNG Sign On to Meet Big East Coast Gas Demand
Two Brisbane based gas companies have signed commitments to deliver more gas to the domestic market.APLNG has signed on with the Federal Government to boost gas supply (Photo: APLNG)Senex, which is now partly owned by Gina Rinehart and the APLNG coal seam
Oil&Gas Drilling
25-11-2023

Canada Oil, Gas Producers to Drill 8% More Wells in 2024 -Industry Group
An oil pump jack pumps oil in a field near Calgary, Alberta, July 21, 2014. REUTERS/Todd Korol/File Photo Acquire Licensing RightsCanadian oil and gas producers will drill 8% more wells in 2024 to take advantage of greater access to pipelines, with the Tr
Oil & Gas Trade
25-11-2023

Brazil's Petrobras Plans to 'Revitalize' Company With $102 Bln Investment
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsBrazil's state-run oil company Petrobras laid out its 202
LNG
24-11-2023

LNG-Fuelled Panamax Coal Carrier Commences Operation
Mitsui O.S.K. Lines, Ltd. (MOL) and Kyushu Electric Power Co., Inc. (Kyuden) have announced that a Panamax coal carrier, which uses low environmental impact LNG as its main fuel, was delivered and started operation on 14 November 2023.In a naming and deli
Oil & Gas Trade
24-11-2023

Angola’s latest oil and gas tenders net 53 bids
Photo courtesy of Energy Capital & PowerAngola received 53 bids in a tender round for the exploitation of oil and gas deposits at 12 blocks in the Lower Congo and Kwanza Basins, according to reports.The National Oil, Gas and Biofuels Agency (ANPG) rep
LNG
24-11-2023

Germany Builds up LNG Import Terminals
Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCzech utility CEZ (CEZP.PR) has booked 2 billion cubic metres (bcm) of annual capacity at a yet-to-be build land-based
Oil & Gas Trade
24-11-2023

Brazil's Petrobras to Invest $102 Billion in Next Five Years
Jean Paul Prates, CEO of Brazil's state-run oil company Petrobras, speaks during a news conference at the Petrobras headquarters in Rio de Janeiro, Brazil March 2, 2023. REUTERS/Pilar Olivares/File Photo Acquire Licensing RightsBrazil's Pe
LNG
23-11-2023

Jakóbik: Poland's Second Fsru Project
A FSRU in Lithuania. Photo By Bartłomiej Sawicki/BiznesAlert.plPoles gave the Czechs a once-over when it comes to the construction of the second floating LNG terminal. The Czechs bolted, so only one unit will be procured. It is criticized by Greenpeace de
Oil Price
23-11-2023

China Oil Demand Growth Poised to Slow to Around 4% In H1 2024 -Analysts
Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File Photo Acquire Licensing RightsChina's oil demand growth is likely to ease in the first half of 2024 to around 4%, according to consul

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