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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

Natural Gas
01-03-2025

Chevron and Partners Seek Additional Capacity Boost at Mediterranean Gas Field
Chevron, a U.S.-based company, along with its partners, has presented an updated reservoir development plan to the Petroleum Commissioner at Israel’s Ministry of Energy and Infrastructures. This plan focuses on expanding the capacity of the Levi
Crude Oil
25-02-2025

Oil Trade Group Pushes Us for National Ethanol Policy After EPA Okays Midwest Expansion
Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023.On Monday, the American Petroleum Institute (API), a trade group, advocated for a uniform national policy on higher-ethanol gasoline blends. This follows the
Crude Oil
24-02-2025

Shearwater Geoservices Gets Work in Oil-Rich Guyana With Exxonmobil
Oil India has announced that it has signed a memorandum of understanding (MoU) with Mineral Exploration and Consultancy (MECL) to collaborate in the exploration and development of critical mineral blocks both in India and overseas.According to an exchange
LNG
24-02-2025

Australia’s Government Delays Approval for Woodside’s Flagship LNG Project Extension
Woodside Energy chief executive, Meg O'Neill, in an interview in March 2024.The Albanese government in Australia has postponed its decision on approving Woodside Energy's North West Shelf (NWS) gas project extension in Western Australia, e
LNG Carrier
01-03-2025

TMS Confirms Order for LNG Dual Fuel Boxships at Chinese Yard
China’s Zhoushan Changhong International Shipyard has confirmed the order for up to 10 liquefied natural gas (LNG)-powered dual-fuel containerships booked by Greek shipping magnate George Economou-led TMS Group.The shipbuilding project was signe
Oil Field
24-02-2025

Allseas Preps for Huge Subsea Pipeline Job at Brazil’s Supergiant Ultra-Deepwater Oil Field
Audacia pipelay vessel;Allseas, a Switzerland-based contractor specializing in offshore pipeline installation, heavy lift, and subsea construction, has started preparations for a major project in Brazil’s second-largest oil field, Búz
Oil Refinery
24-02-2025

Russia Signs Memorandum to Build Port, Oil Refinery in Myanmar
Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port and an oil refinery, Russia's Ministry of Economic Development said on Sunday.The document was si
Oil & Gas Trade
24-02-2025

Leviathan Partners Eye Big Expansion of Natgas Field for Israel and Export
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.Partners in the Israeli Leviathan offshore natural gas project have submitted a multi-billion dollar pl
Oil Price
24-02-2025

Oil Prices Slip as Kurdistan Export Resumption Looms
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices slipped in Asia on Monday, extending losses from last week, on the prospect of a resumption of exports from Kurdistan's oilfields, while investors awai
Oil&Gas Drilling
21-02-2025

CNOOC Starts Production in Luda 5-2 North Phase 2 in Bohai Sea
'CNOOC Limited made major technological breakthroughs in this project and significantly enhanced the development efficiency of offshore super heavy oil'.CNOOC Ltd. has commenced oil production in the second phase of the Luda 5-2 North fiel
Oil Price
21-02-2025

Oil Holds Above $72 Amid Supply Uncertainty
Oil prices extended modest gains above $72 as supply concerns, a weaker dollar, and refinery shifts influenced market sentiment, while trading remained rangebound amid investor caution.Oil extended a string of marginal gains to settle above $72 a barrel a
LNG Carrier
21-02-2025

Evergreen Orders 11 Mega-Size Containerships Worth US$3.2B
Evergreen Marine has commissioned two shipyards in South Korea and China to build 11 LNG, dual-fueled 24,000 TEU megamax vessels.Each ship is expected to cost between about US$265 million and US$295 million.South Korea's Hanwha Ocean will construc
RNG
21-02-2025

Greengasusa and Darling Ingredients Celebrate First Pipeline Delivery From Dublin RNG Facility
GreenGasUSA and Darling Ingredients Inc. on Feb. 18 announced the first renewable natural gas (RNG) deliveries from a project located at Darling Ingredients’ rendering facility in Dublin, Georgia. The project leverages Darling Ingredients&rs
Crude Oil
23-02-2025

Centrica to Supply Petrobras With LNG Until 2040s
GasLog WestminsterBrazil’s state-owned energy giant Petrobras has signed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with the U.K.-based energy company Centrica.Petrobras is slated to purchase 0.8 million tons per
Oil&Gas Drilling
21-02-2025

CNOOC Limited Brings On-Stream Luda 5-2 North Oilfield Phase II Development Project
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Luda 5-2 North Oilfield Phase II Development Project has commenced production.The project is located in the central part of the Bo
Crude Oil
21-02-2025

Colombia’s Ecopetrol Books Biggest Increase in Proven Oil, Gas Reserves in Three Years
Oil pumpjacks are pictured in an Ecopetrol oil field in Barrancabermeja, Colombia October 11, 2024.Colombia's Ecopetrol (ECO.CN), booked its biggest increase in proven oil and gas reserves in three years in 2024, rising to 1.89 billion barrels of
Crude Oil
21-02-2025

US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears
U.S. flags are displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022.Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they awai
Crude Oil
21-02-2025

US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears
U.S. flags are displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022.Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they awai
Gas Pipeline
20-02-2025

Kinder Morgan Closes on Us$640 Million Acquisition of a Natural Gas Gathering and Processing System From Outrigger Energy II
Kinder Morgan, Inc. has announced that its subsidiary, Hiland Partners Holdings LLC, closed on its previously announced US$640 million acquisition of a natural gas gathering and processing system in North Dakota from Outrigger Energy II LLC. The acquisiti
Oil Field
20-02-2025

UK Player Staying on Duty at Giant Oil Field Offshore Qatar for Five More Years
Al Shaheen field in QatarEnerMech, a UK-based integrated solutions provider, has secured a five-year contract extension with North Oil Company (NOC), a partnership between QatarEnergy (70%) and TotalEnergies (30%). The agreement involves work at the Al Sh
Oil Field
20-02-2025

China Completes Drilling of Asia’s Deepest Vertical Well
Staff members pose for a group photo as they celebrate the completion of the drilling of "Shenditake 1," an ultra-deep borehole reaching 10,910 meters, in the hinterland of the Taklimakan Desert in the Tarim Basin, northwest China's Xinj
Oil Refinery
20-02-2025

OMV Petrom Starts Construction of Sustainable Fuels Production Unit at Petrobrazi Refinery
OMV Petrom S.A. (Bucharest, Romania) announced the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the Petrobrazi refinery. This new facility will position OMV Petrom as the first major producer of
Oil & Gas Trade
20-02-2025

Texas Gulflink Deepwater Port Secures Marad Approval After Multi-Year Review
Sentinel Midstream's Texas GulfLink deepwater crude oil export terminal has received approval from the U.S. Department of Transportation's Maritime Administration for its deepwater port license application. The approval concludes a multi-y
Oil Field
20-02-2025

Enermech Wins Long-Term Extension for NOC Contract, Offshore Qatar
EnerMech has successfully renewed its contract with North Oil Company (NOC) for an additional five years, continuing to provide leak testing and flange management services. This new deal builds on the strong partnership between the two companies, which da
Oil Field
20-02-2025

Diamondback Energy Announces Midland Basin Deal
Diamondback said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco LLC.Diamondback Energy Inc announced a Midland Basin acquisition in a statement posted on its site on Tuesday.In that statement,

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