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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

Green Hydrogen
29-06-2023

Portugal to Begin 10 Percent Hydrogen Fuel Blending in Natural Gas Grid
The country is adapting its grid to begin transporting the mixed fuel starting as soon as this year.REN of Portugal has begun adapting its high pressure natural gas grid so that it can transport a blend of 10 percent hydrogen fuel with the natural gas, be
LNG Carrier
28-06-2023

INEOS Charters Two LNG Carrier Newbuilds From MOL
London-based energy player INEOS Energy Trading has signed agreements with Japanese shipping major Mitsui O.S.K. Lines (MOL) for two newbuild LNG carriers, to be used for the import of LNG into Germany from the United States.Image credit INEOSThese agreem
LNG Carrier
28-06-2023

Second Russian Oil Ship Docks at Karachi Port
WORKERS moor the vessel carrying Russian oil at the Karachi Port, on Tuesday.—Courtesy KPTJust two weeks after the arrival of the first-ever Russian oil ship carrying over 45,000 tonnes of crude at Pakistan’s financial capital, another oil tanke
Oil & Gas Trade
28-06-2023

Investment of $75BN Needed to Reduce Oil and Gas Methane Emissions by 2030, IEA Says
Burning methane from oil production near Watford City, North Dakota. Fossil fuels made up nearly 82 per cent of the total global energy supply in 2022. APInvestments worth $75 billion would be required to reduce global oil and gas methane emissions by 203
Oil Price
28-06-2023

Russian Oil Prices Remain Below G-7 Cap but $900-A-Month Delivery Mystery Remains
Russia’s main crude grade is still selling well below international benchmarks — and a Group of Seven-imposed price cap — but a huge amount of money for delivering it continues to go into the hands of mystery middlemen.The country’s fl
Oil & Gas Trade
28-06-2023

Vertex Announces First Commercial Sales of Renewable Diesel
Vertex Energy Inc., a leading specialty refiner and marketer of high-quality refined products, on June 26 announced that the company has completed its first series of commercial sales transactions of renewable diesel (RD) from its recently completed renew
LNG
27-06-2023

Cheniere Seals Long-Term Lng Deal With ENN
Cheniere Energy, through its subsidiary Cheniere Marketing, has signed a long-term LNG sale and purchase agreement (SPA) with ENN LNG, a subsidiary of ENN Natural Gas.Illustration; Archive; Courtesy of CheniereThe agreement will see ENN purchase approxima
Hydrogen Production
27-06-2023

T&T Unites With Korean Companies for Lng and Hydrogen Projects in Vietnam
Vietnam’s T&T Group and Korean companies Korea Gas Corporation (KOGAS) and SK Group have signed and awarded a Memorandum of Understanding (MoU) to cooperate on developing LNG and hydrogen projects in Vietnam.Courtesy of T&T GroupSpecific
Oil & Gas Trade
25-06-2023

Eni and vår Energi Paying $4.9 Billion for Neptune's Entire Oil & Gas Portfolio, Bar German Business
Italian energy giant Eni has inked a sale and purchase agreement to acquire Neptune Energy Group Limited while the oil major’s majority-owned Vår Energi simultaneously signed an inter-conditional sale and purchase agreement to acquire
Oil Pipeline
21-06-2023

Thirty-Five Tonnes of Oil Spill Into Danube in Serbia.
The Romanian Waters National Administration (ANAR) has reported that 35 tonnes of oil has leaked into the Danube from a ship under the Bulgarian flag, told Agerpres."Thirty-five tonnes of oil products leaked from a ship under the Bulgarian flag on th
Oil & Gas Supply
21-06-2023

Kazakhstan to Increase Crude Deliveries to Germany
The Bolashak oil plant on the Kashagan offshore oil field near Atyrau in Kazakhstan. Credit: LEON NEAL/AFP POOL/AFP via Getty Images.Kazakhstan will increase its deliveries of crude oil to Germany to 100,000 tons (t) per month, Minister of Energy and Mine
Australia
21-06-2023

OMV Petrom, Romgaz to Invest up to $4.4 Bln to Develop Romania Gas Project
OMV said Wednesday that its 51%-owned OMV Petrom and Romgaz will jointly invest up to 4 billion euros ($4.37 billion) to develop an offshore natural-gas project in Romania.The Austrian energy company said the companies approved a development plan for two
Oil Exploration
21-06-2023

Italy's Eni Nears $5BN Deal for Neptune Energy
Italian energy group Eni (NYSE: E) is nearing a deal to acquire oil and gas explorer Neptune Energy Group for about $5 billion, according to people familiar with the matter.Eni could announce a deal as soon as this week for private equity-backed Neptune,
LNG
21-06-2023

Japan's Mitsui Says No Plans to Exit Russia's Sakhalin-2 Lng Project
FILE PHOTO: The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru Hanai/FILE PHOTOJapanese trading house Mitsui & Co has no plans to withdraw from the Sakhalin-2 liquefied natural gas (LNG) proje
Oil & Gas Supply
21-06-2023

Suriname President Santokhi Wants His Country to Be Among Top Oil-Producing Countries
ARAMARIBO, Suriname, Jun 20, CMC — The third edition of the Suriname Energy, Oil and Gas Summit (SEOGS) has started here with President Chandrikapersad "Chan" Santokhi pledging to make the Dutch-speaking Caribbean Community (Caricom) country one
Oil & Gas Trade
21-06-2023

Serbia Establishes Joint Gas Company With Hungary
President Aleksandar Vučić, President Katalin Novak, Prime Ministers Ana Brnabić and Viktor Orban attended the session of the Strategic Council of Serbia and Hungary. [EPA-EFE/Vivien Cher Benko / HANDOUT HANDOUT EDITORIAL USE ONLY/NO SALES]At the Strategi
Oil Price
20-06-2023

Oil Prices Drop Following China's Lowering Main Rate for LPR
Trading data indicate a slight decline in world oil prices on Tuesday morning, as markets assess the prospects for growth in demand for this type of raw material in China, Trend reports.The price of August futures for Brent Crude Oil fell by 0.2 percent t
Oil&Gas Drilling
20-06-2023

Woodside Sanctions $7.2 Billion Deepwater Oil Project
Australia’s energy giant Woodside has made a final investment decision to develop a deepwater oil project in the Perdido basin in the Gulf of Mexico located 30 km south of the Mexico-U.S. maritime border.Illustration; Source: WoodsideBack in Dec
LNG Carrier
20-06-2023

Polish Briefing: Orlen's 2nd LNGTanker I Pge's Hydroelectric Power Plant I Tauron Joins Pge's Platform
A gas carrier at an LNG terminal. Picture by Polish LNGOrlen’s second gas carrier is coming to ŚwinoujścieOn June 17, a gas carrier named Grażyna Gęsicka set off on its first voyage to Poland with a cargo of liquefied natural gas (LNG). The unit
Natural Gas
20-06-2023

Qatar Set to Strike Second Big Lng Supply Deal with China
FILE PHOTO: CNPC (China National Petroleum Corporation) logo and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoQatar is set to secure its second large gas supply de
Oil&Gas Drilling
20-06-2023

Kuwait Oil Company to Invest $43 Billion on New Oil Projects, CEO Says
Kuwait intends to expand production by nearly 200,000 barrels per day
LNG Carrier
20-06-2023

LNG-Powered Icon of the Seas Kicks off Sea Trials
Royal Caribbean International’s first LNG-powered cruise vessel, Icon of the Seas, has left the outfitting pier from Meyer Turku shipyard situated in Turku, Finland.Image credit Royal Caribbean InternationalIcon of the Seas will be conducting we
Oil & Gas Supply
20-06-2023

UK and Norway's Energy Transition Tale Spotlights Oil & Gas Electrification, Offshore Wind, CCS, and Hydrogen as Main Chapters
The global energy crisis brought financial and energy woes to Europe, ushering in the energy trilemma and enslaving the world in security, affordability, and sustainability concerns with a greater focus on the double whammy of energy security and affordab
Oil&Gas Drilling
19-06-2023

Israel Approves Gas Field Development Offshore Gaza Strip
Israel has decided that the Gaza Marine natural gas field offshore Gaza should be developed, subject to security coordination with the Palestinian Authority and Egypt, Israel’s government said on Sunday.In the framework of the existing efforts b
Oil & Gas Supply
19-06-2023

Uzbekistan to Import 2.8 Billion Cubic Meters of Russian Gas per Year
Uzbekistan will import 2.8 billion cubic meters of Russian gas per year. This is stated in the gas purchase and sale agreement concluded between UzGasTrade and Gazprom Export, the Ministry of Energy of Uzbekistan reports.The document was signed on June 16

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