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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
08-11-2023

Suriname's Staatsolie Offers 11 Offshore Blocks in Bidding Round
A unit of Suriname state-owned energy company Staatsolie on Tuesday launched a competitive bidding round for 11 offshore areas in the country, with bids to be submitted through May.The blocks, in the nearshore and shallow offshore areas, are located south
Crude Oil
08-11-2023

Nigeria's State Oil Firm Launches New 'Nembe' Grade of Crude
The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde/File Photo Acquire Licensing RightsNigeria's state oil firm NNPC Ltd on Tuesday said it had launched
Oil & Gas Supply
08-11-2023

Regulators Call for Natural Gas Supply Protections After 2022 Winter Power Outages
A woman jogs by power lines in Mountain View, California, U.S., August 17, 2022. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsU.S. energy regulators on Tuesday urged lawmakers to fill a regulatory blind spot to maintain reliable supply of natu
LNG
07-11-2023

GTT Signs LNG Technical Services Agreement With Chinese Shipyard
French LNG containment specialist GTT has signed a technical service agreement with the ship repair unit of Qingdao Beihai Shipbuilding, a part of China State Shipbuilding Corporation (CSSC).Courtesy of GTTThe agreement was signed on November 1, 2023, by
LNG
07-11-2023

New Fortress Energy Inks FSRU Charter Agreement With Petrobras
U.S. energy company New Fortress Energy (NFE) has executed a definitive agreement to charter the floating storage and regasification unit (FSRU) Energos Winter from Brazilian state-owned oil and gas giant Petrobras starting in December 2023.Illustration o
Oil & Gas Trade
07-11-2023

Kazakhstan Opts Out From Russian Gas Imports This Winter
Kazakhstan has pushed back until next year the signing of a binding natural gas import contract with Gazprom, with the country opting to pass this winter season without previously anticipated gas imports from Russia.The Astana government instead opted to
LNG
07-11-2023

New Fortress to Charter Fsru for LNG Import Terminal in Brazil
Liquefied natural gas (LNG) developer New Fortress Energy (NFE.O) said on Monday it has signed a deal to charter a floating storage and regasification unit (FSRU) from Brazil's Petrobras (PETR4.SA) starting in December.The company said FSRU Energo
LNG
07-11-2023

Kosmos Says Tortue LNG Project Start-up Could Slip Into Q2 24
Kosmos Energy (KOS.N) said on Monday that the start-up of the BP-operated (BP.L) Greater Tortue Ahmeyim (GTA) gas project offshore Senegal and Mauritania could slip into the second quarter of 2024.BP last week said that the project was 90% complete and is
Oil & Gas Supply
07-11-2023

US Natgas Prices Drop 7% On Record Output, Mild Weather
Model of natural gas pipeline and U.S. flag, July 18, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsU.S. natural gas futures dropped about 7% to a one-week low on Monday on record output and forecasts for mild weather to continue through l
Oil & Gas Trade
07-11-2023

US Seeks to Buy Up to 3 Mln Barrels for Oil Reserve for Jan Delivery
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson Acquire Licensing RightsThe United States is seeking to
Oil & Gas Supply
07-11-2023

Kinder Morgan to Buy Nextera Energy Partners' Texas Pipelines for $1.82 Bln
The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. Picture taken September 27, 2020. REUTERS/Gary McWilliams/File Photo Acquire Licensing RightsU.S. pipeline operator Kinde
LNG
07-11-2023

Regulators Say Loss of Everett LNGTerminal Threatens New England Energy Reliability
A possible loss of the Everett Marine LNG terminal can jeopardize the reliability of New England's energy supply during extreme cold weather, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corp (NERC) s
LNG
06-11-2023

Sinopec Puts World's Largest LNG Storage Tank Into Operation
China Petroleum & Chemical Corporation (Sinopec) has revealed that the world’s largest LNG storage tank was put into operation at its Qingdao LNG receiving terminal in China.Courtesy of SinopecThe construction of the tank with a storage capa
Oil & Gas Trade
06-11-2023

Oil Nudges Higher After Saudi Arabia, Russia Stick To Output Cuts
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsOil prices edged up on Monday after top exporters Saudi A
Oil & Gas Supply
06-11-2023

South Africa Powers Ahead With 3GW of Gas Projects, Minister Says
South African Minister of Electricity Kgosientsho Ramakgopa briefs members of the media after his visit to assess progress on bringing back online faulty units and boosting power generation at the Kusile Power Station, in Delmas, in Mpumalanga province, S
Oil&Gas Drilling
06-11-2023

Britain to Legislate for Annual North Sea Oil and Gas Licence Rounds
Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. REUTERS/Russell Boyce/File Photo Acquire Licensing RightsThe British government plans to legislate to mandate annual North
Oil & Gas Trade
06-11-2023

Sinopec Signs New 27-Year LNG Supply Deal With Qatarenergy
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 RightsState-owned Chinese fir
LNG
04-11-2023

Totalenergies Says Assessing Impact of US Sanctions on Arctic LNG 2
TotalEnergies signs are seen at a petrol station in Nice, France, October 10, 2022. REUTERS/Eric Gaillard/File Photo Acquire Licensing RightsFrench oil major TotalEnergies (TTEF.PA) said on Friday that it was assessing the impact of U.S. sanctions on the
LNG
03-11-2023

Cheniere Pens Long-Term LNG Supply Deal With Foran
U.S. Cheniere Energy’s subsidiary Cheniere Marketing has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with China’s Foran Energy Group.Illustration; Archive; Courtesy of CheniereUnder the SPA, F
Oil & Gas Trade
03-11-2023

Chevron in Talks on 15-Year LNG Supply Contracts Into Europe
A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023. REUTERS/Brian Snyder Acquire Licensing RightsChevron (CVX.N) is negotiating contracts to supply liquefied natural gas (LNG) into Europe for up to 15 years as buyers expect the re
Oil & Gas Trade
03-11-2023

Exclusive: Petrochina Aims to Resume Venezuelan Oil Imports After 4-Year Pause
Model of petrol pump is seen in front of PetroChina logo in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsChina's PetroChina (601857.SS) is proposing to buy up to 8 million barrels a month of Venez
Oil & Gas Trade
03-11-2023

Shell Boosts Buybacks as Gas Trading Boost Q3 Profits to $6.2 Billion
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) reported on Thurs
Oil & Gas Trade
03-11-2023

Israeli Gas Exports to Egypt Resume but in Small Quantities
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 Photo Acquire Licensing RightsIsraeli natural gas exports to Egypt have resume
Oil Price
03-11-2023

Oil Rises Nearly 3% After Fed, Boe Keep Rates Unchanged
A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/Flee/File Photo Acquire Licensing RightsOil prices gained more than $2 a barrel on Thursday, breaking a t
LNG
02-11-2023

Totalenergies Extends Partnership With Oman LNG
TotalEnergies has signed an amendment to extend its partnership with Oman LNG, an Omani liquefied natural gas (LNG) joint venture in which the Company holds a 5.54 per cent stake.Located on the northeast coast of Oman, the Oman LNG liquefaction complex co

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