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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
08-07-2023

India Is Using Chinese Yuan to Pay For 10% Of Its Russian Oil Imports, Rest in Rupee and Dirham
India is making about 10 percent of its payments for Russian oil in the Chinese yuan, ThePrint has learnt, with the rest of the payments being made in Indian rupees and UAE dirhams.The US and European sanctions and oil price caps imposed on Russia in the
Oil Field
08-07-2023

Indian Oil Corporation to Raise Rs 22000 Crores via Rights Issue for Net Zero Carbon Emission Projects
Indian Oil Corporation (IOC) is raising Rs 22,000 crore through its maiden rights issue as part of the Centre’s plan to infuse capital into three state-owned fuel retailers to fund their net zero carbon emission projects.The government, which ho
LNG
07-07-2023

PV GAS to Receive First Imported Lng Shipment
Petrovietnam Gas Joint Stock Corporation (PV GAS) is expected to receive the first imported liquefied natural gas (LNG) shipment from supplier Shell on July 10.
Oil&Gas Drilling
07-07-2023

Two New Blocks Awarded for Oil, Gas Search
Saudi Arabia supplies more than half of Bangladesh’s crude imports, but Dhaka has been hit hard by a global surge in energy and food prices.—Reuters photoKARACHI:The government has provisionally awarded two new blocks to a leading state-owned oi
Oil & Gas Technology
07-07-2023

Rolls-Royce MTU Kinetic Powerpack Approved for Renewable Diesel
Rolls-Royce has approved its mtu Kinetic PowerPacks, based on the mtu Series 4000 and 1600 diesel engines, for use with renewable diesel (HVO/Hydrogenated Vegetable Oil) and the other synthetic diesel fuels of the EN15940 standard. With HVO the CO2 footpr
Oil Price
07-07-2023

Callon Petroleum Company Announces the Closing of Delaware Basin Acquisition and Eagle Ford Divestiture
HighlightsReduces Outstanding Debt by Approximately $300 MillionWill Commence Share Buyback Program in the Third QuarterCallon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today (July 5) announced that it closed its previo
Oil & Gas Trade
07-07-2023

BP Energy Partners Announces Sale of Mesa Natural Gas Solutions
BP Energy Partners, LLC ("BPEP"), a Dallas, Texas based, investment manager has closed on the sale of Mesa Natural Gas Solutions, LLC ("Mesa" or "the Company"), a portfolio company of BP Natural Gas Opportunity Partners, L.P.
LNG
06-07-2023

Tinubu Backs $5BN Floating LNG Project Implementation Venture to Provide 7,000 Jobs, Crash Prices —Rone
PRESIDENT Bola Tinubu on Wednesday gave his support to the implementation of a $5 billion Floating Liquefied Natural Gas (FLNG) project in the country.He gave the backing when he received a group of investors made up of UTM FLNG, TECHNIP Energies of Franc
Oil&Gas Drilling
05-07-2023

Ftse-Listed Prospex Confirms First Gas at New Italian Field
Prospex trades on the London Stock Exchange’s FTSE Aim All-ShareProspex Energy has announced first gas production at the freshly developed onshore Selva field in the Po Valley region of Northern Italy.The London-listed energy investment speciali
LNG Carrier
05-07-2023

HD Korea Shipbuilding Wins 96.9 Bln-Won Order for 1 LNG Carrier
South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Wednesday it has clinched a 96.9 billion-won (US$73.97 million) order to build one liquefied petroleum gas (LPG) carrier for an Oceanian shipper.Hyundai Mipo Dockyard Co., one
Oil & Gas Technology
05-07-2023

Gazprom Subsidiary Files Lawsuits Against Deutsche Bank and Commerzbank
The logo of Gazprom company is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim ShemetovRusKhimAlyans, a subsidiary of Russian gas giant Gazprom (GAZP.MM), has filed lawsuits seeking
Oil Price
04-07-2023

Saudi Arabia, Russia Deepen Oil Cuts, Sending Prices Higher
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File PhotoSaudi Arabia and Russia, the world's bigge
Oil&Gas Drilling
04-07-2023

Nigeria, Angola Now Africa's Biggest Oil Drilling Markets – Report
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude oil drilling markets in Africa, data from the June 2023 Offshore Rigs Tracker, released on Monday by Hawilti and the Caverton Offshore Support Group
Oil Price
04-07-2023

Sheetz to Offer $1.776 Gas for July 4th in Much of the Region
HUNTINGTON/CHARLESTON, W.Va. (WSAZ) - How does $1.77 a gallon gas sound?It will be a reality Tuesday, July 4 for Sheetz customers in parts of the Mid-Atlantic, Midwest and South -- including West Virginia and Ohio, according to a release from the company.
Oil Pipeline
03-07-2023

Leviathan Partners in Israel to Invest $568 Million in Third Gas Pipeline
An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023. REUTERS/Amir Cohen/File PhotoPartners in the Israeli offshore gas project Leviathan said on Sunday the
LNG Carrier
03-07-2023

ORLENr's LNG Carrier GrażYna Gęsicka Reaches Poland
The second vessel of the fleet of gas carriers being built for the ORLEN Group has arrived at the port in Świnoujście, Poland, with a cargo of liquefied natural gas (LNG).Courtesy of ORLEN GroupThe vessel Grażyna Gęsicka delivered some 65,000 tons of LNG
Oil&Gas Drilling
03-07-2023

Reliance, BP Start Gas Production From Mj Field Offshore India
The MJ field in is expected to have peak gas production of around 12 million standard cubic metres of gas per day and 25,000 barrels of condensate per day.
Oil & Gas Trade
03-07-2023

UK-Listed Player Secures Funding for Key African Gas Project
Morocco’s Attijariwafa Bank will be financing the African gas field’s second development phaseLondon-listed player Sound Energy has secured crucial funding for executing the second development phase of the company’s Tendrara
LNG
03-07-2023

US Dept of Energy Grants Export License to Gulfstream LNG
Gulfstream LNG Development has received an export authorization from the U.S. Department of Energy to advance its proposed liquefied natural gas export plant in Louisiana, the company said on Friday.Gulfstream LNG Development has received an export author
Oil & Gas Trade
03-07-2023

India's Oil Imports From Russia Climb to New Peak as Limit Nears
Source: Kpler(Bloomberg) -- India’s imports of Russian oil hit another record last month as the South Asian nation potentially nears the limit of its buying splurge from the major OPEC+ producer.Daily volumes climbed to 2.2 million barrels a day
Oil & Gas Supply
03-07-2023

EPA and DOE to Provide More Than $1B to Reduce Methane Emissions From Oil and Gas Sector
The US Environmental Protection Agency (EPA) and US Department of Energy (DOE) are partnering to provide more than $1 billion in funding to help reduce methane emissions from the oil and gas sector through the creation of the Methane Emissions Reduction P
Oil Price
01-07-2023

Iran Exports $19 BN of Crude Oil Jan-May
The latest data released by the Energy Information Administration of the United States (EIA) shows that Iran has exported $19 billion of crude oil in the first five months of 2023.The EIA said in its latest report said that the total oil export of 13 OPEC
Saudi Arabia
01-07-2023

Petrofac Lands $700M Adnoc Epc Contract for Gas Plant
Petrofac, a leading international service provider to the energy industry, has been signed up by Adnoc Gas Processing, a key subsidiary of Abu Dhabi National Oil Company (Adnoc), to undertake a significant new engineering, procurement and construction (EP
Oil and Gas Equipment
01-07-2023

Shell Company Opens Gas Stations in Armenia
YEREVAN — On June 29, 2023, Royal Oil, official licensee of Shell brand in Armenia, launched the first two Shell branded fuel stations at 6/3 and 15/1 of Artashat Highway in Yerevan.Among the guests of the official opening ceremony were Vahan Kerobyan, RA
Oil & Gas Trade
01-07-2023

Europe Spends Nearly Half Billion Euros for Azerbaijani Gas Imports
Europe's expenditure on Azerbaijani gas imports in April 2023 have reached nearly 490 million euros, Trend learned from Eurostat, the statistical office of the European Union.In April 2023, Azerbaijan supplied 1.047 billion cubic meters of natural

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