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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil&Gas Drilling
09-08-2022
Shell: UK North Sea Needs Investments in New Oil and Gas Projects
The UK North Sea oil and gas sector needs more investments in new developments as Britain will need domestic fossil fuel resources, Shell’s UK head of upstream Simon Roddy told Bloomberg in an interview published on Monday.
Natural Gas
09-08-2022
Germany Likely to Miss Gas Storage Target Without Additional Measures
The energy crisis could be worsened, the German gas regulator has said
Oil Price
09-08-2022
Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks
Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent retreat led by factors including global recession concerns.
Natural Gas
09-08-2022
EU Emergency Gas Plan Can Stabilise or Even Lower Prices - German Network Chief
The head of Germany's network regulator welcomed the European Union's gas emergency plan, which came into effect on Tuesday, in comments to the ZDF broadcaster.
CCS
09-08-2022
Oil Major BP Drilling Appraisal Well in Texas for Carbon Sequestration
Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.
Gas power plant
09-08-2022
Equinor May Postpone Closure of Norwegian Gas-Fired Power Plant
Norway-based energy major Equinor could continue to operate its natural gas-fired Mongstad power plant to support the country’s electricity supply. The company recently said it may reconsider its decision to close the plant by the end of August.
Crude Oil
08-08-2022
Japan Intends to Keep Stake in Sakhalin-1 Oil Project - Industry Minister
Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned Western investors from selling shares in key energy projects.
LNG
08-08-2022
Shell Defers Prelude LNG Turnaround Due to Industrial Action
Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating liquefied natural gas (FLNG) facility that was due to go ahead in September because of industrial action at the site off northwest Australia.
Singapore
08-08-2022
Keppel Cancels Three Contracts
Singapore’s Keppel has terminated contracts with three different clients related to orders for a jack-up drilling rig, a tender-assist rig, and a liftboat.
Natural Gas
08-08-2022
UK Investigates Sale of National Grid’s Gas Transmission Business, Report Says
Britain has launched an investigation under new national security rules into the sale of a 60% stake in National Grid's gas transmission and metering business to a consortium led by Australia's Macquarie.
LNG
08-08-2022
Potential Curb on Australian LNG Exports Is Another Blow to Asia-Pacific Gas Markets
Asia-Pacific has been suffering months of tight LNG supplies and soaring prices in the region due to competition from European buyers looking to replace restricted Russian gas.
Oil Price
08-08-2022
Energy Bills Are Set to Soar in the UK
As natural gas prices continue to surge, the average energy bill in the UK is set to soar to nearly £4,000 a year ($4800 USD) in January.
Natural Gas
08-08-2022
First Gas at Athena RNG Project
Brightmark RNG Holdings LLC and Brightmark Fund Holdings LLC delivered first gas at its At its Athena Project in Minnehaha County, South Dakota, US.
Natural Gas
06-08-2022
INNIO and B.Grimm Plan Gas Power Projects in Thailand
Energy solutions provider INNIO has signed a Memorandum of Understanding (MoU) with Bangkok headquartered B.Grimm Power to collaborate on building new power plant projects in Thailand.
Crude Oil
05-08-2022
Adnoc Drilling Secures Contracts Worth $3.4BN to Boost Offshore Capacity
Contracts to help company expand its offshore drilling activities and boost production capacity
SINOPEC
05-08-2022
Saudi Aramco Signs Deal With China’s Sinopec to Boost Collaboration in New Projects
The two companies will look for opportunities in the kingdom's oil and gas sector.
Gas Turbine
04-08-2022
Germany to Inspect Freshly Arrived Nord Stream Gas Turbine Today
German Chancellor will visit Siemens Energy’s site where Nord Stream 1 gas turbine is kept after undergoing maintenance.
Oil Price
04-08-2022
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ said it would raise its oil output target by 100,000 barrels per day (bpd).
04-08-2022
U.N. Chief Urges Tax on ‘Grotesque Greed’ of Oil, Gas Companies
United Nations Secretary-General Antonio Guterres on Wednesday slammed the "grotesque greed" of oil and gas companies and their financial backers and urged governments globally to "tax these excessive profits" to support the most vulnerable people.
Oil Shale
04-08-2022
Shale Giant Chesapeake to Exit Oil as It Focuses on Natural Gas
Chesapeake will fully focus on key shale gas plays.
LNG
04-08-2022
Less U.S. Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama
The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited exports from the U.S. Gulf Coast since a terminal explosion in June.
Crude Oil
03-08-2022
BP Profit Triples on Soaring Energy Prices
Oil company reveals profits increased to a 14-year high.
OPEC
03-08-2022
Saudi Arabia May Push for Higher OPEC Production
Fox News: Saudi Arabia is reportedly planning to advocate for higher production at the upcoming OPEC+ meeting.
Natural Gas
03-08-2022
EU Gas Dependence on Russia Falls by 50%
EU countries have made headway in buying more pipeline gas from Norway, Algeria and Azerbaijan.
Oil Refinery
03-08-2022
Global Refining Capacity to Expand With New Projects in Middle East, Asia
The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects are expected to start up in the Middle East and Asia.
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Most views from Oil & Gas
1
Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility
2
Baker Hughes to Supply Tech for Offshore LNG Project in Texas
3
Equinor starts drilling major gas development in Brazil
4
Algeria and Spain in talks to increase gas supply
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Petron secures 2.5M barrels of Russian crude oil
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PH, China reopen oil exploration talks
