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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil & Gas Trade
17-10-2023
US, Venezuela to Announce Oil Sanctions Deal on Tuesday -Report
The Biden administration and Venezuelan President Nicolas Maduro's government are expected to announce a deal on Tuesday that would ease U.S. sanctions on Caracas' oil industry while opening up Venezuela's 2024 presidential electio
Oil & Gas Supply
17-10-2023
Output From Brazil's Petrobras Hits Nearly 4 Mln Barrels in Third Quarter
Brazil?s state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File photo Acquire Licensing RightsBrazilian state-run oil firm Petrobras (PETR4.SA) said on Monday its combined crud
Oil & Gas Trade
17-10-2023
Marathon Oil Signs Deal With Glencore for Alba Gas in Equatorial Guinea
Marathon Oil (MRO.N) said on Monday it has entered into a five-year liquefied natural gas (LNG) sales agreement with a unit of Glencore (GLEN.L) for a portion of its natural gas produced from the Alba Field in Equatorial Guinea, boosting its presence in t
Oil & Gas Trade
16-10-2023
Lummus Bags Contract for PP Plant Tech With Sinopec
Sinopec NZRCC will license Lummus' Novolen process technology for a new polypropylene plant in Ningbo, China, with a capacity of 500,000 tons per annum.Lummus Technology has won a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Lt
Oil & Gas Trade
16-10-2023
COSL Wins $123 Million Mexico Oilfield Services Deal
China Oilfield Service Ltd (COSL) has secured a contract to deliver comprehensive onshore oilfield services to an undisclosed major oil company in Mexico.Although the contractor did not disclose extensive details about its win, it did confirm that the agr
Oil & Gas Trade
16-10-2023
Chevron Australia's LNG Workers Vote for Fresh Strikes
Australia's Offshore Alliance (OA) LNG workers' union has pledged to go ahead with planned strikes this week at Chevron's Western Australian facilities, as the parties continue to work towards draft enterprise bargaining agreements
Oil & Gas Trade
16-10-2023
Qatar Signs 27-Year Gas Supply Deal With France's Total
DOHA: Qatar has agreed to supply France’s TotalEnergies with natural gas for 27 years, its state energy company announced on Wednesday. Qatar will supply 3.5 million tonnes of gas a year under the deal, QatarEnergy said, following two agreements
Oil Price
16-10-2023
Oil Prices Ease as Investors Assess Impact of Israel-Hamas War
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo Acquire Licensing RightsOil prices eased in early Asia trade on Monday, reversing last Friday'
Oil & Gas Trade
16-10-2023
Russia-China Energy Cooperation in Focus as Putin Visits Xi
Gas pipelines are pictured at the Atamanskaya compressor station, facility of Gazprom's Power Of Siberia project outside the far eastern town of Svobodny, in Amur region, Russia November 29, 2019. Picture taken November 29, 2019. REUTERS/Maxim She
Oil&Gas Drilling
16-10-2023
Iraq, UAE's Crescent Launch Deals to Develop Three Oil and Gas Fields
Iraq has launched three energy contracts with UAE-based Crescent Petroleum to develop three oil and gas fields in Iraq, the oil ministry said on Sunday.United Arab Emirates-based Crescent Petroleum signed in February three 20-year contracts to develop oil
Oil&Gas Drilling
14-10-2023
No Gas Finds After Drilling at Lebanon's Offshore Block 9, Source Says
No hydrocarbon finds were made after exploratory drilling operations at Lebanon's offshore Block 9, two sources with direct knowledge of the matter told Reuters on Friday.Lebanon's energy minister and officials from the Lebanese Petroleum
Oil & Gas Trade
14-10-2023
Oil Surges Nearly 6% After Israel Begins Ground Raids Into Gaza
Oil prices leapt nearly 6% on Friday, with Brent posting its highest weekly gain since February, as investors priced in the possibility that the conflict in the Middle East could widen as Israel began ground raids inside the Gaza Strip.Israel's an
Oil&Gas Drilling
14-10-2023
US Drillers Add Most Oil Rigs in a Week Since March, Baker Hughes Says
U.S. energy firms this week added the most oil rigs since March, boosting the oil and gas rig count for the first time in four weeks, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday.The oil and gas rig count, an ear
LNG
14-10-2023
Finland to Restrict Access to LNG Port After Gas Pipeline Damage
Finland on Friday was tightening access to parts of its Inkoo port, which imports liquefied natural gas (LNG), as part of efforts in the wider region to intensify security at energy installations.The move follows sudden damage on Sunday to a gas pipeline
Oil&Gas Drilling
13-10-2023
Exxonmobil Hires SBM Offshore to Build FPSO for Sixth Oil Development off Guyana
Dutch FPSO operator SBM Offshore has gotten its hands on a contract to perform front end engineering and design (FEED) for an FPSO vessel, which is destined to work on ExxonMobil’s sixth deepwater oil development project on the Stabroek block of
LNG
13-10-2023
World's First LNG-Fuelled Panamax Commences Operation
The world’s first LNG-fuelled panamax bulk carrier has started operating. The coal carrier, owned by Nippon Yusen Kaisha (NYK) and on charter to Kyushu Electric Power (Kyuden), was built at Oshima Shipyard and is called Shoyo. The ship&rsquo
Oil & Gas Trade
13-10-2023
Pakistan Eyes Importing 1M Tonnes of Russian Oil per Year
This handout photograph taken on June 11, 2023 and released by the Karachi Port Trust (KPT) shows a Russian cargo ship carrying crude oil at the port in Karachi. — AFPFirst import of crude oil shipment arrived in June.Second govt-to-govt cargo is being ne
Oil & Gas Trade
13-10-2023
Oil and Gas Automation and Digital Trends to Be Covered at Automa 2023
Digital tools for asset integrity management, projects of pipeline management means, innovative solutions for cost-efficiency for upstream, midstream and downstream are going to be discussed at the Oil and Gas Automation and Digitalization Congress (AUTOM
LNG
13-10-2023
LNG Croatia and SK E&S Eye LNG and Renewables Collaboration
Zagreb-based LNG Croatia has signed a joint development agreement with Seoul-based SK E&S for possible cooperation in the field of the LNG industry, renewable energy sources and energy efficiency.Courtesy of LNG CroatiaLNG Croatia said the two compani
Oil&Gas Drilling
13-10-2023
Tanzania Expects to Launch Fifth Oil & Gas Licensing Round by June
Tanzania is expecting to officially launch the country's fifth oil and gas licensing round by June and award licences to the winners by December of the same year, the director general of its Petroleum Upstream Regulatory Authority (PURA) said on T
Oil & Gas Supply
13-10-2023
Chevron Australia, LNG Unions Make Further Progress in Talks, More Planned for Friday -Union Official
A general view of Chevron's Wheatstone LNG facility in Pilbara coast, Western Australia, as seen in this undated handout image obtained by Reuters on September 8, 2023. Chevron/Handout via REUTERS/File Photo Acquire Licensing RightsChevron and uni
Natural Gas
13-10-2023
North Dakota Natgas Output Hits Record High in August, Flaring Rises
Natural gas production in North Dakota rose to a record 3.303 billion cubic feet per day (bcfd) in August from the prior all-time high of 3.292 bcfd in July, while the amount of gas flared increased, according to the North Dakota Industrial Commission on
Oil & Gas Supply
12-10-2023
Russia's October Oil and Gas Revenue Set for Big Jump, Reuters Calculations Show
An oil pipe is seen in front of a drilling rig at a Lukoil-owned oil field outside the West Siberian city of Kogalym, Russia, January 25, 2016. REUTERS/Sergei Karpukhin/File Photo Acquire Licensing RightsMOSCOW, Oct 11 (Reuters) - Russia's oil and
Oil & Gas Trade
12-10-2023
Exxon Secures Lead in Top US Oilfield With $60 Billion Buy of Shale Rival Pioneer
Exxon Mobil (XOM.N) agreed to buy U.S. rival Pioneer Natural Resources (PXD.N) in an all-stock deal valued at $59.5 billion that would make it the biggest producer in the largest U.S. oilfield and secure a decade of low-cost production.The deal, valued at
LNG
12-10-2023
Venture Global Seeks to Commence Some Service at Louisiana Calcasieu LNG Plant
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo Acquire Licensing RightsU.S. liquefied natural gas (LNG) company Venture Global LNG asked feder
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Most views from Oil & Gas
1
Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility
2
Baker Hughes to Supply Tech for Offshore LNG Project in Texas
3
Equinor starts drilling major gas development in Brazil
4
Algeria and Spain in talks to increase gas supply
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Petron secures 2.5M barrels of Russian crude oil
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PH, China reopen oil exploration talks
