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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

LNG
06-09-2023

BP Signs Third LNG Offtake Contract With Woodfibre
UK-based energy major BP has entered its third long-term liquefied natural gas (LNG) offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.Courtesy of BPThe contract involves the offtake of 0.45 million tons of LNG per year (m
Oil & Gas Trade
06-09-2023

Russian Gas Exports to EU Seen Dropping Sharply in 2023, State Bank Veb Says
A general view shows an office building of VEB bank (Vnesheconombank) in Moscow, Russia, January 18, 2015. REUTERS/Sergei Karpukhin/File photo Acquire Licensing RightsRussia's pipeline natural gas exports to the European Union may fall to 21 billi
LNG
06-09-2023

Pacific Energy-Enbridge Venture Woodfibre to Supply 100% Of Its LNG to BP
Pacific Energy and Enbridge (ENB.TO)-owned Woodfibre said on Tuesday it would supply 100% of the LNG from its proposed plant in British Columbia to BP Plc (BP.L) after it signed another agreement with a unit of the energy major.Woodfibre LNG had earlier s
Oil & Gas Trade
06-09-2023

Brazil's Petrobras Signs Agreements With Compagas for Natural Gas Supply
Brazil's state-run oil company Petrobras (PETR4.SA) has signed contracts for the supply of natural gas with gas company Compagas for around 6.4 billion reais ($1.28 billion), Compagas told Reuters on Tuesday.Compagas, which is controlled by Compan
LNG
05-09-2023

US LNG Producer Strikes Baker Hughes Deal Targeting 100MN Tpy
Venture Global has set out a plan, with Baker Hughes, to boost its projected export capacity from 70 million tonnes per year of LNG to 100mn tpy.As a result, Venture Global has struck a master equipment supply agreement with the service company on the del
Oil Pipeline
05-09-2023

Romania's Transgaz to Operate Moldova's Natural Gas Transport System
The entire gas transmission network in the Republic of Moldova will be managed by Vestmoldtransgaz, a company owned by the Romanian gas transport system operator Transgaz and the EBRD, the Ministry of Energy in Chisinau announced, Newsmaker.md reported.Th
Oil & Gas Trade
05-09-2023

North Sea Oil and Gas Giants in £260M Deal
TWO of the North Sea’s biggest operators have agreed a £260m tie-up to boost oil and gas production.Harbour Energy and engineering giant Wood Group signed ‘a new strategic partnership’ that will support hundreds of
LNG
05-09-2023

Chevron Australia LNG Workers Plan Full Strikes From Sept. 14
Source: Bloomberg(Bloomberg) -- Chevron Corp. liquefied natural gas workers in Australia threatened two weeks of 24-hour rolling outages at two major export plants from mid-September, in an escalation of the dispute that threatens global fuel supply.The w
Oil & Gas Trade
05-09-2023

Petrobras-Mubadala Partnership May Open Door to Refinery Deal, Say Sources
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 RightsBrazilian state-run oil firm Petrobras (PETR4.SA) remains eager t
Oil Price
04-09-2023

Iraq's Oil Revenues in Europe Reach $11 Billion in 2023
Shafaq News / Iraq has seen a substantial boost in its oil revenues to Europe since the beginning of the current year 2023, with figures reaching approximately $11 billion by the end of August.According to a report from the Energy Agency, obtained by Shaf
Oil & Gas Trade
04-09-2023

Wood Group and Harbour Energy Join Forces in North Sea Deal
Wood Group (John) PLC and Harbour Energy PLC (LSE:HBR) have joined forces in a new strategic venture for North Sea operations in a deal worth around US$330 million.Under the agreement, Wood, a global consulting and engineering company, will provide engine
Oil & Gas Trade
04-09-2023

In August, Traders From the EU and Moldova Pumped 1.1 Billion Cubic Meters of Gas Into Ukraine's Storage.
Compared to July, the volume has almost doubled, and compared to August of last year, has increased by 800%. According to the Operator of the GTS of Ukraine, Slovakia was the leader in gas transportation to Ukraine, with 611.8 million cubic meters, or 56%
Oil & Gas Trade
04-09-2023

Kinetiko Energy Receives $6.5 Million Strategic Investment to Complete Afro Energy Acquisition
South African investment company Talent 10 Holdings has made a A$6.5 million strategic investment into Kinetiko Energy Ltd, as the latter looks to develop an energy transition solution for South Africa focused on commercialising advanced shallow conventio
Oil & Gas Supply
04-09-2023

Saudi Arabia's Aramco Considers Selling (Listing) Us$50 Billion in Shares
The Wall Street Journal reported that Saudi Arabia’s Aramco, the world’s most valuable oil company, appears to be considering selling a stake of as much as $50 billion.The Journal cites "people familiar with the potential deal&quo
Oil&Gas Drilling
04-09-2023

Map Reveals 16 New or Extended Onshore Oil and Gas Projects
Extract from Friends of the Earth’s interactive map published todayNew onshore oil and gas developments are planned at 16 sites in England, a new map reveals, as leading scientists insist additional fossil fuel developments are incompatible with
Australia
04-09-2023

Chevron Poised for Mediation Talks to Avert Australia Lng Strike
The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa//File Photo Acquire Licensing RightsMediation
Oil & Gas Supply
04-09-2023

Marketers Get Foreign Investors' Backing for 30,000 Gas Stations
Oil marketers, on Sunday, confirmed that they have received the nod of domestic and international financiers to develop about 30,000 gas stations nationwide.It was also gathered that many of the stations were currently being converted to start dispensing
Oil&Gas Drilling
04-09-2023

Mexico's Dos Bocas Refinery to Produce 290,000 Barrels per Day by Year End: President
The Dos Bocas refinery from the Mexican state-run oil producer Petroleos Mexicanos (PEMEX) is pictured during its inauguration, in Paraiso, Tabasco state, Mexico, July 1, 2022. REUTERS/Edgard Garrido/File Photo Acquire Licensing RightsMexico's Dos
Oil & Gas Trade
04-09-2023

US Backs Chevron in Dispute With Cyprus Over Giant Gas Field
The Chevron office is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela December 2, 2022. REUTERS/Gaby Oraa Acquire Licensing RightsWashington has weighe
Oil Price
04-09-2023

Column: US Oil and Gas Output Nears Peak
A general view of the Phillips 66 refinery, Rodeo, California, U.S. March 2, 2023. REUTERS/Nathan Frandino/File Photo Acquire Licensing RightsU.S. crude oil production increased again in June and is nearing the record high set before the pandemic, but the
Oil&Gas Drilling
01-09-2023

Shell's Namibia Exploration Well Fails to Discover Oil and Gas
Shell's (SHEL.L) Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday.Namibia, which has yet to produce any oil and gas, has attracted strong interest from international compan
LNG
01-09-2023

Canada's Altagas to Buy Natural Gas Assets From Tidewater for C$650 Million
Canada's AltaGas (ALA.TO) on Thursday agreed to buy some natural gas assets from Tidewater Midstream and Infrastructure (TWM.TO) for C$650 million ($480 million), in a bid to strengthen its midstream operations.The deal, expected to close in the f
Oil & Gas Trade
01-09-2023

Australia's Santos sells nearly 3% stake in PNG LNG project for $736 mln
The logo of Australian oil and gas exploration and production company Santos is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/file photo Acquire Licensing RightsAustralia&#
LNG
31-08-2023

Sempra Infrastructure and Japanese Consortium to Develop Carbon-Neutral Gas Production and Lng Supply-Chain
Sempra Infrastructure, a subsidiary of Sempra has announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company, Ltd., and Mitsubishi Corporation to participate in the evalua-tion of a proposed pr
Gas Turbine
31-08-2023

Petronas to Close Part of Key Malaysia Gas Pipeline, Source Direct Feed for Mlng Dua
Petronas has decided to permanently shut-in part of its Sabah Sarawak Gas Pipeline (SSGP) that delivers feed gas to its Petronas LNG Complex after a catalogue of incidents that culminated in the operator last September declaring force majeure at Malaysia

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