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Oil & Gas
Oil Price
Oil Prices Post 3% Annual Decline
Nuclear Fuel
27-08-2023
Texas Nuclear Waste Storage Permit Invalidated by US Appeals Court
A U.S. appeals court on Friday canceled a license granted by a federal agency to a company to build a temporary nuclear waste storage facility in western Texas, which the Republican-led state has argued would be dangerous to build in one of the nation&
Oil & Gas Trade
27-08-2023
Rupee Crisis Costs Refinery rs750M on Crude Import
Pakistan’s oil industry is feeling the pinch of a plunging rupee that has made crude imports more costly and forced one refinery to book a hefty loss on a recent shipment, industry officials told The News on Friday.One of the refineries, which i
Oil & Gas Trade
26-08-2023
Indian Oil Corporation to Invest Rs 4 Trillion to Expand Oil Refining and Petrochemical Businesses
Indian Oil Corporation on Friday said it plans to invest over Rs 4 lakh crore (trillion) in this decade to expand its oil refining and petrochemical businesses as well as in energy transition projects.IndianOil will invest Rs 1 lakh crore in expanding cap
Oil&Gas Drilling
25-08-2023
Indianoil Sets Sight on Being '360-Degree Energy' Company; To Invest Rs 4 Lakh Crore
India's top fuel retailer Indian Oil Corporation will invest over Rs 4 lakh crore in this decade to expand oil refining and petrochemical business as well as in energy transition projects as part of a plan to become a '360-degree energy co
LNG
25-08-2023
Australia Union Threatens Strikes at Chevron LNG Facilities
A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing RightsUnions at Chevron's (CVX.N) liquefied natural gas (LNG)
LNG
24-08-2023
Gail to Invest Rs 30,000 Crore in Next Three Years to Explore Global Lng Supplies
Sandeep Kumar Gupta.Sourced by the TelegraphGAIL plans to invest Rs 30,000 crore in the next three years as it expands its petrochemical capacity and scouts for LNG supplies globally, chairman Sandeep Kumar Gupta said Wednesday.The nation’s top
Oil & Gas Trade
24-08-2023
Israel Will Expand Gas Exports to Egypt, Says Energy Ministry
Israeli Energy Minister Israel Katz listens to a talk on the gas platform for Leviathan, Israel's largest gas field, talks, near Haifa bay, northern Israel, August 1, 2023. REUTERS/Ari Rabinovitch/File Photo Acquire Licensing RightsIsrael on Wedne
Natural Gas
24-08-2023
Woodside Workers to Consider Deal Terms at Australian Lng Facility
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsSY
Oil & Gas Trade
23-08-2023
RI Eyes Us$3.37 Billion Non-oil, Gas Export Target With Australia
Indonesian Deputy Trade Minister Jerry Sambuaga (left) during a press statement at the 55th ASEAN Economic Ministers' (AEM) Meeting in Semarang, Central Java, Tuesday, August 22, 2023. (ANTARA/Indra Arief P/rst)Semarang, Central Java (ANTARA) - In
Oil & Gas Technology
23-08-2023
Volvo Trucks Deploys FH LNG Trucks in Exclusive, One-Time Pilot With Linde Canada
Volvo Trucks North America is working with Linde Canada Inc., a leading industrial gas and engineering company, in an exclusive, one-time pilot, importing five Volvo FH LNG (liquified natural gas) powered trucks to Canada. Volvo Trucks first launched the
LNG Carrier
23-08-2023
K Line's New LNG Carrier for Charter With Petronas Named in China
Chinese shipbuilder Hudong Zhonghua has held a naming ceremony for a new 80,000 cubic meter LNG carrier built for Japanese shipping company Kawasaki Kisen Kaisha (K Line).Courtesy of Hudong ZhonghuaThe vessel was named Lagenda Setia during the ceremony wh
LNG
23-08-2023
BASF to Buy LNG From Cheniere's Sabine Pass Expansion Project
Cheniere Energy, through its subsidiary Cheniere Marketing, has signed a long-term LNG sale and purchase agreement (SPA) with German-based chemical producer BASF.Illustration; Archive; Courtesy of CheniereUnder the agreement, BASF will purchase up to appr
LNG Carrier
23-08-2023
Dalian Shipbuilding Bags Deal for up to Four LNG Carriers
China’s Dalian Shipbuilding Industry Company (DSIC) has signed a contract for the construction of up to four 175,000 cbm LNG carriers with Sea Jade Investment Limited, a joint venture owned by Hong Kong-based shipping company Wah Kwong, China Ga
Natural Gas
23-08-2023
Australia's APA Group to Buy Local Energy Supplier's Pilbara Assets for $1.1 Bln
Australia's APA Group (APA.AX) said on Wednesday it would acquire Alinta Energy's power assets in the Pilbara region for a deal valued at A$1.72 billion ($1.10 billion), as the energy- infrastructure firm aims to reduce its exposure to fos
Oil & Gas Trade
22-08-2023
Turkiye and Hungary Sign Gas Deal
Turkish President Recep Tayyip Erdogan (2nd L) meets with Hungarian President Katalin Novak (R) in Budapest, Hungary on August 20, 2023 [Mustafa Kamacı/Anadolu Agency]Hungarian energy conglomerate, MVM, has agreed to buy about 300 million cubic metres (mc
Oil&Gas Drilling
22-08-2023
Ecuadorians Vote to End Oil Drilling in Parts of the Amazon
FILE - In this May 17, 2007, file photo, An aerial view of the Yasuni National Park, in Ecuador’s northeastern jungle. Ecuador’s government has issued an environmental permit, May 22, 2014, for oil drilling in the pristine Amazon reser
LNG
22-08-2023
Samsung Heavy Delivers New LNG Carrier to Maran Gas
Maran Gas Maritime, a part of Greece’s Angelicoussis Shipping Group, has taken delivery of the newbuild LNG carrier Maran Gas Marseille.Courtesy of Angelicoussis GroupThe vessel was delivered by South Korean shipbuilding major Samsung Heavy Indu
Oil&Gas Drilling
22-08-2023
Totalenergies and Inpex Snap Up Two Gas Fields off Australia From PTTEP
Two oil and gas players, TotalEnergies and Inpex, have inked an agreement with PTTEP for the acquisition of its 100 per cent interest in the AC-RL7 permit, which encompasses two gas fields in the Timor Sea, offshore Australia.Ichthys Explorer LNG offshore
Oil & Gas Supply
21-08-2023
Serbia Agrees to Supply More Russian Gas to Hungary
Serbia will be prepared to increase supplies of Russian gas to Hungary if Ukraine decides to halt transit of gas from Russia, Hungarian Foreign Minister Peter Szijjarto said on Sunday."We've heard in recent days that Ukraine would like to ter
Natural Gas
21-08-2023
Kinetiko Energy Delivers Maiden Gas Reserve and 20% Lift in Contingent Resource From Just 0.2% Of South African Project Area
Kinetiko Energy Ltd (ASX:KKO, OTC:KKOEF) has passed a major milestone on declaring maiden gas reserves of 6.4 BCF at its South African joint venture gas fields with its 49% share totalling 3.1 BCF.Significantly, this reserve, representing one of the most
LNG
21-08-2023
HD Korea Shipbuilding wins 288.2 bln-won order for 2 LPG carriers
South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Monday it has bagged a 288.2 billion-won (US$215 million) order to build two liquefied petroleum gas (LPG) carriers for a European shipper.HD Hyundai Heavy Industries Co., one
Gas Turbine
21-08-2023
CPV, GE Vernova Bring 1.2-GW Gas-Fired Plant Online in Illinois
Competitive Power Ventures (CPV) said the company’s new 1.2-GW Three Rivers Energy Center in Illinois has entered commercial operation. The natural gas-fired facility, built in collaboration with GE Vernova’s Gas Power business, featur
Oil&Gas Drilling
21-08-2023
Red Sky Energy Announces First Gas Production From Yarrow 3 Well
Red Sky Energy announces first gas production from Yarrow 3 well. (Credit: Santos)Red Sky Energy (ASX:ROG) (Red Sky or the Company) is pleased to announce that Santos Limited (ASX:STO) (Santos) has advised of the completion of construction of the pipeline
LNG
21-08-2023
Energy Transfer Seeks New LNG Export License After Extension Denied
Pipeline operator Energy Transfer (ET.N) on Friday requested a new and expedited export license for its proposed Lake Charles, Louisiana, liquefied natural gas (LNG) plant, according to a filing with the U.S. Department of Energy (DOE).The department in M
Oil & Gas Trade
19-08-2023
US Approvals for $1.5 Billion Oil Railway in Utah Partially Vacated
REUTERS/Rick Wilking/File Photo Acquire Licensing RightsA U.S. appeals court on Friday sent approvals for a $1.5 billion Utah crude oil railway back to federal regulators, finding that reviews for the project failed to adequately consider wildfire risk an
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BP and Corteva Establish Biofuel Feedstock Joint Venture to Advance Sustainable Energy Development
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Victoria's Gas Supply Strategy Sparks East Coast Energy Policy Divisions
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CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons
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Equatorial Guinea Advances Plan to Expand Natural Gas Export Facilities
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Approval of Texas Deepwater Oil Terminal to Boost U.S. Crude Export Capacity