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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 Trade
17-08-2023

US FTC Approves Deal for Natgas Producer EQT to Buy THQ Appalachia
Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsEQT Corp (EQT.N), the biggest U.S. natural gas producer, said on Wednesday that it had won ant
Oil&Gas Drilling
16-08-2023

ADX Gets Nod to Tap Into Upper Austrian Gas
Perth-based company ADX Energy will kick-off a drilling campaign at its flagship 807 billion cubic feet of gas equivalent (bcfe) Welchau gas prospect in Upper Austria late this year after gaining crucial government approval for drilling and testing.The dr
LNG
16-08-2023

Elliott Secures Equipment Supply Deal for Sempra's Port Arthur LNG
Elliott Group, a wholly-owned subsidiary of Ebara Corporation, has secured an order to supply cryogenic rotating equipment for the Port Arthur LNG Phase 1 project being developed by Sempra Infrastructure in Jefferson County, Texas.Courtesy of Sempra Infra
LNG
16-08-2023

Hanwha Ocean Kicks off Construction of Qatar-Bound LNG Carriers
Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), has started the construction of the first Qatar-bound LNG carrier for K3 Consortium comprising H-Line Shipping, Pan Ocean, and SK Shipping.Courtesy of Liberian RegistryTo
Oil & Gas Trade
16-08-2023

Carlyle Sells Gabon Oil Firm to France's Maurel & Prom for $730 Mln
The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato/File Photo Acquire Licensing RightsPrivate equity fund Carlyle Group (CG.O) has agreed to sell its Gabon-focused oil and gas co
Oil Price
16-08-2023

Woodside Energy Set to Log Strong First-Half Profit on Resilient LNG Prices
Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo Acquire Licensing RightsWoodside Energy (WDS.AX), Australia's no.1 in
LNG
15-08-2023

Golar LNG and NNPCL agree on joint gas development for FLNG project
In its interim results for the period that ended in June 2023, Golar LNG said it signed heads of terms with Nigeria National Petroleum Corporation for the joint development of gas fields using floating liquefied natural gas (FLNG), expanding on the Memora
Oil & Gas Supply
15-08-2023

30 Killed in Gas Station Fire in Russia's Dagestan
Video screen grab showing fire crews battling the flames after a gas station explosion in Makhachkala, Dagestan.Russian Emergency Situations Ministry/TASSAt least 30 people were killed and dozens injured in an explosion and fire at a petrol station in Rus
LNG Carrier
15-08-2023

Jiangnan Shipbuilding to Expand LNG Carrier Capabilities
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has started construction of a new facility to enable the construction of 175,000 cbm LNG carriers.The project was designed by CSSC Ninth Design and Research Institute Engineering
Oil & Gas Trade
15-08-2023

Gas Expansion Projects to Gulp $20BN Yearly – FG
The Federal Government, on Monday, said about $20bn annual investments would be needed to achieve the desired gas expansion projects in Nigeria and deepen the use of gas across the country.It disclosed this through the Nigeria Extractive Industries Transp
Oil Price
15-08-2023

Suncor Energy's Quarterly Profit Halves on Lower Oil and Gas Prices
Canada's Suncor Energy (SU.TO) on Monday joined its global peers in reporting a sharp drop in quarterly profit, as oil and gas prices retreated from last year's peak.Global oil prices slipped in the quarter from a year earlier, as a bankin
Oil&Gas Drilling
14-08-2023

Heerema Gears up for Installation at Petronas' Giant Gas Development
Netherlands offshore contractor Heerema Marine Contractors is preparing to this month install the key structures for Petronas’ Kasawari giant gas field development offshore Malaysia.Heerema will utilise its monohull heavy-lift crane vessel Aegir
Oil & Gas Technology
14-08-2023

Turkmenistan Fully Capable of Financing Trans-Caspian Gas Pipeline Project - Ex-us Ambassador
If Turkmenistan does not act before the EU lines up alternate sources of gas, the Trans-Caspian Pipeline project will become unviable, Allan Mustard, co-founder and co-head of the Trans-Caspian Resources energy startup, Former US Ambassador to Turkmenista
Natural Gas
14-08-2023

Ukraine Has 12.3 Bcm of Gas in Its Storage Facilities - Energy Ministry
As of August, more than 12.3 billion cubic meters of gas were pumped into Ukraine’s underground storage facilities.According to Energy Minister German Galushchenko, production and injection of gas into Ukrainian underground storage facilities ta
LNG
14-08-2023

New Bangkok Data Center May Tap LNG-Fueled District Cooling for On-Site Energy
A new 2-MW data center in the heart of Bangkok’s business district could be powered by regasified liquid natural gas (LNG) to create district cooling energy in its version of a lower-carbon microgrid.ST Telemedia Global Data Centres (STT GDC) pl
LNG
14-08-2023

Wison Offshore & Marine Boasts World's Largest Spb LNG Tank
Shanghai-based Wison Offshore & Marine has completed the final assembly of what it claims to be the world’s largest self-supporting prismatic shape IMO type B tank (SPB) for storing LNG.The company announced the milestone via social media on
Oil&Gas Drilling
14-08-2023

CNPC's Daqing Unit Awarded $194 Mln Drilling Contract in Iraq
A woman walks past the China National Petroleum Corporation (CNPC) booth during the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2021. REUTERS/Florence LoA drilling subsidiary of China National Petroleum Corp
Oil & Gas Trade
12-08-2023

Vision RNG and Meridian Waste Announce Landfill Gas to Renewable Natural Gas Project First in Missouri
The RNG is injected into a nearby interstate natural gas pipeline and used by various customers across the U.S. for transportation fuel and other sustainability purposesVision RNG (VRNG) is pleased to announce that its Landfill Gas (LFG) to Renewable Natu
Oil&Gas Drilling
12-08-2023

Irving Oil Announces Major Refinery Turnaround with $190M Investment
Operation Ram is scheduled to take seven weeks, employing an additional 2,300 skilled workers, the majority of which will come from communities throughout New Brunswick and the rest of Atlantic CanadaOn September 17, Irving Oil will begin one of its large
Oil&Gas Drilling
12-08-2023

Saudi Arabia Will Supply Full Oil Volumes to Asian Buyers in September
Saudi Arabia will supply full crude oil volumes in September under contracts with Asian buyers, Reuters has reported, citing multiple unnamed sources.The news comes days after the Kingdom raised its official selling prices for crude yet again and said it
Oil&Gas Drilling
11-08-2023

Saipem Secures $1BN Contract for Bouri Gas Project Offshore Libya
Saipem will provide EPCIC services for around 5,000t Gas Recovery Module (GRM) onto the existing DP4 offshore facility, and build 28km of pipelines to connect the DP3, DP4 and Sabratha platforms, using its Saipem 7000 vesselENI Oil platform Bouri DP4. (Cr
Indonesia
11-08-2023

Analysis: Indonesia's Gas Ambition Faces Investor Test With Shell, Chevron Exits
Word "Gas" and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/IllustrationIndonesia hopes the recent exit of global giants Shell and Chevron from two long-delayed natural gas pro
Oil & Gas Trade
11-08-2023

CPUC, Socalgas Reach $71 Million Settlement Over Aliso Canyon Gas Leak
Aliso Canyon entrance in Porter Ranch on Monday, August 7, 2023. (Photo by Dean Musgrove, Los Angeles Daily News/SCNG)Compounding the financial fallout from the largest gas leak in U.S. history, the California Public Utilities Commission announced today i
LNG
11-08-2023

Hudong-Zhonghua Starts Building 1st LNG Carrier for Cosco and Sinochem
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started construction of the first LNG carrier for compatriot COSCO Shipping Energy and Sinochem Petroleum.Courtesy of Hudong-ZhonghuaAccording to the shipbuilder’s statement, the construction
Oil&Gas Drilling
11-08-2023

Italy's Saipem Wins Two Contracts With Eni, BP Worth a Total $700 Mln
The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File PhotoItalian energy services group Saipem (SPMI.MI) on

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