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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 Price
09-06-2022

Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems
Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down.
Oil & Gas Supply
08-06-2022

Can Africa Offer an Alternative to Russian Gas?
Nigeria has an estimated 200 trillion cubic feet of gas, enough to make it a potential supplier to regions such as Europe
LNG
08-06-2022

Qatar Picks Exxon, Total, Shell, Conoco for Mega-LNG Expansion
Qatar has picked Exxon Mobil Corp , TotalEnergies SE, Royal Dutch Shell and ConocoPhillips as partners in the expansion of the world's largest liquefied natural gas (LNG) project.
LNG
07-06-2022

Shell to Work With Japanese Customers on Decarbonising LNG Value Chain
Shell, Tokyo Gas, and Osaka Gas sign two MOUs to explore decarbonisation opportunities
CNPC
07-06-2022

Chinese Giant Signs Deal for Brazil Pre-salt Oil Transshipment Operations
PetroChina to use Acu port facility for logistics operations
LNG
07-06-2022

Chesapeake Energy Aims to Expand Push Into LNG With Market Adviser
Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing, as it seeks to expand into the fast-growing export market.
OPEC
07-06-2022

OPEC+ Output Increase Wins It Credit but a Realignment Awaits Beyond August
Modest nature of tweak indicative of mounting challenges for Saudi Arabia and Russia led group including limited ability to raise production
LNG
06-06-2022

Shell Eastern Petroleum Signs MoUs With Japan LNG Buyers
Agreement between Shell Eastern Petroleum, Tokyo Gas and Osaka Gas aims to accelerate decarbonisation across respective production value chains.
Natural Gas
06-06-2022

EU, Egypt Near Gas Supply Deal in Shift Away From Russia
The European Union and Egypt are set to sign a deal later this month on supplying the bloc with gas as the bloc seeks to slash its dependence on Russian supplies, according to a draft document.
Oil & Gas Supply
06-06-2022

Gazprom Cuts off Gas Supplies to Shell Energy
Shell has committed to working to keep gas flowing to its customers.
Crude Oil
06-06-2022

Oil Jumps After Saudi Arabia Hikes Crude Prices
Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July.
Crude Oil
06-06-2022

BW Offshore Sells Producing FPSO
Indonesian consortium takes charge of floater deployed on the Terang Sirasun Batur project
Crude Oil
06-06-2022

Oman’s New Oil Discoveries to Increase Output by up to 100,000 Barrels
Production is expected to rise over the next two to three years
Oil & Gas Supply
06-06-2022

Germany Faces 5 Billion Euros a Year Hit From Russian Gas Sanctions, Welt Am Sonntag Reports
Russia's sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra 5 billion euros ($5.4 billion) a year to pay for replacement gas.
Crude Oil
05-06-2022

France in Talks With UAE To Replace Russian Oil Supplies
France is in talks with the United Arab Emirates to replace Russian oil purchases.
Oil & Gas Supply
02-06-2022

Russia’s Gazprom Cuts off Gas Supply to Denmark’s ØRsted
The Danish company said Gazprom Export has halted the supply of gas after the Russian firm demanded payment in roubles, despite being under no obligation to do so under the contract
Oil Shale
02-06-2022

ExxonMobil to Sell Shale Assets in Texas to BKV for $750M
The Barnett Shale gas assets are part of ExxonMobil’s gas resources in North America that were removed from the company’s development plans in 2020.
OPEC
02-06-2022

OPEC+ Working On Making up for Lower Russian Oil Output
OPEC+ is working on making up for a drop in Russian oil output as Russia's production has fallen by around 1 million barrels per day as a result of Western sanctions on Moscow over Ukraine.
United Kingdom
02-06-2022

Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion
The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion through 2025, according to investment bank Jefferies.
Oil & Gas Supply
01-06-2022

Gazprom Cuts Gas Supply to Orsted and Shell Energy
Russian gas producer Gazprom has cut off gas supplies to Denmark's Orsted and to Shell Energy for its contract to supply gas to Germany, it said on Wednesday, citing the companies' failure to make payments in roubles.
LNG
01-06-2022

First Dutch Bio-LNG Installation Produces Millionths Kilogram
The Netherlands’ first bio-LNG plant has now achieved a production milestone of 1 million kg, enabling approximately 4 million km of sustainable transport with heavy-duty trucks.
Denmark
01-06-2022

Danish Offshore Wind Giant Rejects Demand for Payments in Roubles
Ørsted has said there is a risk that Gazprom Export will stop supplying gas to the company.
LNG
31-05-2022

Nearly Six Million UK Homes ‘Could Be Hit by Power Cuts Due to Energy Shortage’
Experts have warned that energy-intensive industries will be the first to feel the pinch.
LNG
31-05-2022

Europe’s Dash for Gas Puts Australia’s LNG Import Plans at Risk
Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years.
Oil Price
31-05-2022

Oil Prices Jump After EU Leaders Agree to Ban Most Russian Crude Imports
Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.

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