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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil & Gas Supply
31-08-2023
Kenya Pipeline Completes Takeover of Changamwe-Based Kenya Petroleum Refineries Limited Facility
The government has concluded the transfer of the Kenya Petroleum Refineries Limited (KPRL) to Kenya Pipeline Company (KPC), Energy and Petroleum Cabinet Secretary Davis Chirchir has announced.Chirchir said the takeover will help improve the utilization of
Oil & Gas Trade
31-08-2023
Queensland Pacific Metals Celebrates Start of Qpm Energy's Moranbah Gas Operations
Queensland Pacific Metals Ltd (ASX:QPM) has welcomed the official completion of the Moranbah Project acquisition by subsidiary QPM Energy and the start of gas operations following the final ownership transfer.The subsidiary believes it is well positioned
Oil & Gas Trade
29-08-2023
Brazil's Petrobras Seals Cooperation Deal With Chinese Oil Giant
Brazil’s state energy major Petrobras has inked a strategic cooperation deal with China’s state oil major CNOOC.The deal, Reuters reports, citing a China-backed outlet, would focus on refining and chemical engineering, but also oilfiel
Oil & Gas Trade
29-08-2023
Global Fossil Fuel Subsidies Skyrocket to $7 Trillion
BP's CEO Bernard Looney and even the most pro-transition governments believe investing in immediate energy needs, like oil and gas, is essential, leading to record subsidies in 2022.The IMF report indicates that the majority of the $7 trillion in
Oil & Gas Trade
29-08-2023
Sinopec Not Interested in Acquiring Shell's Singapore Assets
The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip/File Photo Acquire Licensing RightsAsia's top refiner, Sinopec Corp , is not interested in acquiring Shell&a
Oil&Gas Drilling
29-08-2023
Eni Begins Oil and Gas Production at Ivory Coast Baleine Field
The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi Acquire Licensing RightsItaly's Eni (ENI.MI) has begun oil and gas production at the giant Baleine field in deep waters o
LNG
29-08-2023
Australia's Kinetiko Energy in Talks With Sasol on Gas Supply Deal
Australian gas explorer Kinetiko Energy, which has found shallow sandstone gas in South Africa, has started talks with petrochemical company Sasol (SOLJ.J) on a possible supply agreement, Kinetiko’s (KKO.AX) chief executive said on Monday.The na
LNG
29-08-2023
Chevron's Australia Lng Facilities Face Work Stoppages, Gas Prices Surge
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 RightsWorkers at
Oil Price
28-08-2023
Oil Prices Edge Higher as China Announces Further Stimulus Measures
Oil prices edged higher on Monday as China's latest stimulus measures helped to alleviate fuel demand concerns.Brent, the benchmark for two thirds of the world’s oil, was trading 0.15 per cent higher at $84.61 a barrel at 9.39am UAE time
Oil & Gas Trade
28-08-2023
Saudi Pif, Holders to Offer 30% Stake in Oil Driller Ades IPO
The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea, Norway, on Monday, Feb. 13, 2023. Equinor, Norway’s biggest oil and gas producer, said the second phase of its giant Johan Sverdrup field in the North S
Oil&Gas Drilling
28-08-2023
Equinor Starts up North Sea Oil, Gas Project
Equinor ASA has begun production at the Statfjord Ost field in the North Sea, expecting to raise its output by 26 million barrels of oil equivalent."The project is completed with sound safety results and is expected to deliver within estimated cost,
Natural Gas
28-08-2023
Shell Fires up Sweet Gas Production Offshore Malaysia
Shell has brought on stream its Timi sweet gas field development on Block SK 318 offshore Sarawak, Malaysia.The offshore field is designed to produce up to 50,000 barrels of oil equivalent per day of gas at peak and will evacuate its gas through a new 80-
Oil & Gas Trade
28-08-2023
Another Chevron Lng Facility in Australia to Decide on Strike Action
Workers at one of Chevron's liquefied natural gas (LNG) facilities in major exporter Australia will decide on Monday whether to authorise their unions to call a strike after the company's other two facilities voted yes for possible action.
Oil & Gas Trade
28-08-2023
Totalenergies to Carry Out 4 Large Energy Projects in Iraq
The TotalEnergies logo placed on the company’s headquarters in Paris, France. Photo: ReutersBaghdad (IraqiNews.com) – Iraq’s Basra Oil Company (BOC) announced that TotalEnergies entered into a contractual commitment to carry
Oil & Gas Trade
28-08-2023
BP Urges More Oil, Gas Investment While Speeding Energy Transition
A woman walks past a Jio-bp fuel tanker, an Indian fuel and mobility joint venture between Reliance Industries (RIL) and British Petroleum (BP), fuel station, in Navi Mumbai, India, October 26, 2021 REUTERS/Francis Mascarenhas/File Photo Acquire Licensing
Oil & Gas Trade
27-08-2023
Delta Community Threatens to Shut Down Oil Production
Nigeria’s oil industry may lose 20,000 barrels of petroleum crude per day as palpable tension grips the Otumara Flow Station operated by Shell Petroleum Development Company.Aggrieved indigenous people of Ugboegungu, Ugborodo and Deghele in Warri
Oil & Gas Trade
27-08-2023
Los Alamos Team Sees Modeling as Tool to Blend Hydrogen in Natural Gas Pipelines
The Center Square) - Math modeling can improve safety when blending hydrogen with natural gas for transportation, Los Alamos National Laboratory announced in a press release this week.A safe hydrogen transition is among the proposed solutions to help the
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
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Equinor starts drilling major gas development in Brazil
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PH, China reopen oil exploration talks
