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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 Drilling
17-04-2023

The Increasing Number of Oil and Gas Exploration and Production Activities Are Increasing Demand for Oilwell Completion Tools Market
Drilling for Success: Key Drivers Fueling the Growth of the Oilwell Completion Tools MarketThe Growing Importance of Artificial Lift Systems: Artificial Lift Systems (ALS) are becoming increasingly important in the oil and gas industry, as they help in in
Energy Security
13-04-2023

Fire Breaks Out at Offshore Oil Platform, Leaving Four Injured
UK-headquartered oil and gas exploration and production company Trinity Exploration & Production plc has confirmed that a fire broke out on one of its platforms at an oil field offshore Trinidad. As a result, the production has been halted until repai
LNG Carrier
13-04-2023

Philippines Receives First LNG Cargo
The Philippines is receiving its first LNG delivery to the AG&P-led Philippines LNG (PHLNG) import terminal in Batangas from the Vitol-chartered 162,000m³ Golar Glacier.The Golar Glacier came alongside the 138,000m³ Ish floating stor
Natural Gas
13-04-2023

Qatarenergy Adds Sinopec to LNG Expansion: Correction
Clarifies the size of Sinopec's stakeState-owned QatarEnergy (QE) has agreed to transfer a small stake in its 32mn t/yr North Field East (NFE) LNG expansion project to Chinese state-controlled Sinopec."The agreement marks the entry of Sinopec
Natural Gas
13-04-2023

Rig Spuds Fifth Well in Black Sea Drilling Campaign
Canada’s oil and gas player Trillion Energy has started drilling the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.Uranus rig; Source: Trillion EnergyTrillion Energy announ
Oil & Gas Supply
13-04-2023

Guyana Extends Deadline for First Oil Block Bids
Growing oil producer Guyana has extended the deadline for bids in its first competitive auction for offshore blocks by three months to 15 July, the natural resources ministry said today.The ministry launched the auction on 9 December 2022 and had set 14 A
Crude Oil
13-04-2023

Oil Production Cuts to Tighten Market From May and Boost Prices, UBS Says
Drop in crude inventories and supply disruption from northern Iraq of almost 500,000 barrel per day also a factorAn oil field in Russia, which said the 500,000 bpd cut it was implementing from March to June would continue until the end of the year.he volu
Oil Price
12-04-2023

Oil Prices Stable After Recent Gain Amid Tight Market
Crude remains steady as investors await latest economic data due this week
Oil & Gas Supply
12-04-2023

Oil production cuts to tighten market from May and boost prices, UBS says
Drop in crude inventories and supply disruption from northern Iraq of almost 500,000 barrel per day also a factor
Natural Gas
12-04-2023

Angolan Oil and Gas Minister Received in Namibia
　　　H.E. Diamantino Azevedo, Angola’s Minister of Mineral Resources, Oil and Gas, met with his Namibian counterpart, H.E. Tom Alweendo, last Thursday as part of an official state visit to Windhoek last week.　　At the invitation of H.E. Minister Al
Natural Gas
11-04-2023

WLPGA Asia Regional Summit 2023
WLPGA Asia Regional Summit – Bangladesh 2023, hosted by The World LPG Association, is the biggest gathering of LPG industry leaders from across the Asia region, who come together to discuss pressing issues affecting their businesses in today&
Natural Gas
11-04-2023

Totalenergies Moves Forward With Iraq’s Gas Growth Integrated Project
TotalEnergies has issued a release stating it will proceed with the Gas Growth Integrated Project (GIPP) in Iraq. While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have, thro
LNG
11-04-2023

FCC Debuts LNG-Powered Tanker Fairchem Pioneer
Fairfield Chemical Carriers (FCC), a US operator specialising in chemical tankers, has launched the Fairchem Pioneer, its first LNG-powered stainless steel chemical tanker.Courtesy of Fairfield Chemical CarriersThe LNG dual-fueled (DF) vessel, jointly dev
LNG
11-04-2023

BwWs FSRU Gearing Up to Serve First Gen’s Batangas LNG Terminal
BW Batangas, a floating storage and regasification unit (FSRU) owned by BW LNG, is getting ready to start its deployment with First Gen Corporation’s Batangas LNG import terminal in the Philippines.Archive. Courtesy of BW LNGAccording to a socia
LNG Carrier
11-04-2023

Nakilat’s LNG Carrier in Its First Commercial STS LNG Transfer With BW Helios
Global Energy, an LNG carrier owned by Qatari LNG shipping operator Nakilat, has wrapped up its first commercial ship-to-ship transfer of LNG.Global Energy; Archive. Courtesy of NakilatIn a brief social media update on 10 April, Nakilat said that Global E
Energy Saving Products
11-04-2023

New Edge-Series Ship Leads the Industry in Fuel Flexibility
Wärtsilä will supply the engines for Celebrity Cruises’ new ship, the fifth vessel in the company’s revolutionary Edge Series.Close collaboration between between Royal Caribbean Group (RCG), the Chantiers de l&rsq
LNG
11-04-2023

The FLNG Market to Recover With a $35BN EPC Contract Value
The Prelude floating liquefaction natural gas (FLNG) unit's final investment decision (FID), announced by Shell in May 2011, was intended to mark the beginning of an era. A period that would bring about the affordable development of stranded gas f
Oil&Gas Drilling
11-04-2023

GCC Drilling Rig Supply to Increase by 11PC Between 2023- 2027
The first quarter of 2023 has continued the trend of land rigs from the latter stages of 2022, with utilisation remaining high in the US and Gulf Cooperation Council (GCC) countries. The GCC in particular has seen strong demand, with an average rig utilis
Oil Exploration
11-04-2023

Pemex Por Confirmar Más de 200 Mmbpce en Tupilco
El director general de Pemex informó que el pozo delimitador Tupilco 1DEL está por confirmar más de 200 millones de barriles de petróleo en el yacimiento.El director general de Petróleos Mexicanos (Pe
Hydrogen Project
10-04-2023

Hydrogen vs Oil and Gas: Comparing Energy Sources
Ever wondered about the differences between hydrogen fuel and oil and gas? Well, you’re in luck because that’s exactly what we’re going to chat about today. As our world continues to evolve, we need to explore cleaner and mor
Oil Exploration
10-04-2023

DNO Ready to Deploy Well Intervention Vessel at North Sea Field
Norwegian oil and gas company DNO has received consent from the country’s offshore safety regulator to use one of Island Offshore’s mobile offshore units (MOU) for work on a field offshore Norway.Island Constructor vessel; Source: Isla
LNG Carrier
10-04-2023

Race Against Time Begins as Euronav’s Former VLCC Heads to Decaying Fso Safer to Prevent Catastrophic Oil Spill
A very large crude carrier the Nautica, bought last month by the UN Development Programme (UNDP) from Euronav, as part of UNDP’s coordinated operation to remove oil from decaying FSO Safer, has set sail from Zhoushan, China heading for the Red S
Oil Exploration
10-04-2023

Greenlight for vår Energi to Put Floatel Unit to Work at North Sea Field
Norwegian offshore safety regulator has given Vår Energi consent to deploy one of Floatel’s semi-submersible support vessels at a field in the North Sea off Norway.Floatel Superior; Source: FloatelThe Petroleum Safety Authority Norway
Oil & Gas Supply
10-04-2023

India Revises Gas Pricing Mechanism With Link to Crude
India has approved a revised natural gas pricing mechanism under which domestically produced gas will be benchmarked to 10pc of global crude prices and revised every month, effective from 8 April.The new pricing formula includes a floor price set at $4/mn
Oil & Gas Trade
10-04-2023

Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines
An oil tanker at the Sheskharis complex in Russia. The country has extended its 500,000 bpd cut until the end of the year. AFPOil posted a third weekly gain after Opec+ and its allies surprised the market last weekend with production cuts and US inventori

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