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Oil & Gas
Oil Field
Turkmenistan Invites Int'l Investors for Galkynysh Field Development Projects
Oil & Gas Trade
20-12-2023
Slovakia Wins EU OK on Russian Oil-Based Products Sales to Czech Republic
A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acquire Licensing RightsThe European Union has granted Slovakia a one-year extension on exporting fuels produced from
Crude Oil
20-12-2023
US Buys 2 Million Barrels of Oil for Strategic Petroleum Reserve
The U.S. bought 2.1 million barrels of crude oil, the Energy Department said on Tuesday, to help replenish the Strategic Petroleum Reserve (SPR) after the largest sale in history last year.The department said it bought the oil, for delivery in February, f
Oil & Gas Trade
20-12-2023
Gazprom's 2023 Group Core Earnings Set to Drop Almost 40%
A view shows Gazprom's Amur Gas Processing Plant near the town of Svobodny in the Amur Region, Russia September 13, 2023. Sputnik/Mikhail Metzel/Pool via REUTERS/File Photo Acquire Licensing RightsRussian natural gas giant Gazprom (GAZP.MM) said o
Natural Gas
20-12-2023
COP29 Climate Summit Host Azerbaijan Touts Country's Gas Potential
A general view shows an embankment of the Caspian Sea in Baku, Azerbaijan, June 23, 2016. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsAfter winning a fraught bid to host next year's United Nations climate talks in Baku, a senior Azer
Oil & Gas Trade
20-12-2023
Germany's Sefe, Norway's Equinor Strike $55 Billion Gas Supply Deal
Equinor logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsGerman state-owned energy firm Sefe secured a 50 billion euro ($55 billion) gas deal with Norway's Equinor (EQNR.OL) th
Oil & Gas Supply
20-12-2023
Texas Grid Over Relies on Natural Gas to Restore Power After Blackouts -Study
Energy crews work on electric line repairs after ice storms and freezing rain in the South left thousands without power and turned roadways into ice rinks during an extreme cold weather period, in San Antonio, Texas, U.S., February 2, 2023. REUTERS/Kaylee
Oil & Gas Trade
20-12-2023
Shell Greenlights 15th Us Gulf of Mexico Oil Platform
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James Acquire Licensing RightsShell PLC (SHEL.L) and Equinor ASA (EQNR.OL) on Tuesday greenlit a 90,000 barrels per day (bpd) oil and gas platform in
Oil&Gas Drilling
19-12-2023
Significant Gas Discovery at Layaran-1, Indonesia
Harbour Energy plc is pleased to note operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20 per cent), offshore North Sumatra, Indonesia.Layaran-1 is the fir
LNG
19-12-2023
BUA Group to Build 700 Tons per Day Mini LNG Project, Signs Agreement With CIMC Enric in Partnership With Axxela Group
BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, has signed an agreement with CIMC ENRIC, a global leader in the energy equipment industry, in partnership with Axxela, to establish a 700-ton-per-day
Oil and Gas Equipment
19-12-2023
China's Largest Gas Storage Facility Creates Daily Extraction Record
China's largest gas storage facility Hutubi extracted a record 38 million cubic meters of natural gas on Saturday, as part of efforts to increase gas production to cope with the strong cold wave enveloping the country.The volume is 5 million cubic
LNG
19-12-2023
Shell's Prelude LNG Facility Resumes Operations -Sources
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsShell (SHEL.L) has resumed opera
Oil & Gas Trade
19-12-2023
Totalenergies Pledges $6 Billion in Nigeria Oil, Gas Investments
The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing
Oil&Gas Drilling
19-12-2023
Venezuela's PDVSA, Spain's Repsol Agree to Expand Oil Joint Venture
Venezuela's Oil Minister Pedro Tellechea and Francisco Gea, Repsol’s executive managing director of Exploration and Production show an agreement signed amending the original terms of a project in the country, aiming to revive its crude a
Oil&Gas Drilling
19-12-2023
El Salvador Announces Reforms to Boost Oil, Gas Exploration
El Salvador's state energy authorities announced on Monday that legal reforms to boost oil and gas exploration have been presented to lawmakers for approval.The measures aim to lure investment and modernize the sector's legal framework in
Oil & Gas Trade
19-12-2023
Imperial Oil Sees Higher Upstream Production for 2024
The Imperial Strathcona Refinery which produces petrochemicals is seen near Edmonton, Alberta, Canada, October 7, 2021. REUTERS/Todd Korol Acquire Licensing RightsCanadian refiner Imperial Oil (IMO.TO) forecast 2024 upstream production between 420,000 and
Oil & Gas Trade
18-12-2023
Russia Considering Increase of Oil Supply to Uzbekistan
TASHKENT, Uzbekistan, December 18. Russia is working on the possibility of increasing exports of oil and petroleum products to Uzbekistan, Deputy Prime Minister Denis Manturov said, Trend reports.The remark was made during the meeting of the intergovernme
Oil&Gas Drilling
18-12-2023
Australia's Santos Receives Drilling Approval for $4.3 Bln Barossa Gas Project
Australian oil and gas major Santos (STO.AX) said on Monday it had received approval for a revised drilling plan at its $4.3 billion Barossa gas project, although the fate of a pipeline to take gas to shore remains locked in a legal dispute.Santos was for
Oil & Gas Trade
18-12-2023
McPhy Energy: McPhy Awarded a Major Contract in the Field of Green Hydrogen Pipeline Supply With HMS Oil & Gas in Germany
A strategic project for HMS with a total of 64 MW implemented in 2 stepsSupply of four McLyzer 3200-30 to HMS Oil & Gas division in Germany, which will be operated as part of a major tie-in point for the hydrogen grid at the Radeland Compression stati
Oil&Gas Drilling
18-12-2023
Equinor to Obtain Shell Stake, Operatorship of Linnorm in NCS
Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc's 30 percent equity in PL 255.Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc’s
Singapore
18-12-2023
EBY defends BC's LNG and coal exports
BC Premier David Eby: ‘Until we find ways to produce steel without [metallurgical coal], it is a good product to be exported from British Columbia.’ Photo via BC government.However serious the B.C. government may be about cutting carbo
LNG
18-12-2023
Vietnam PM Awards Licence to Tokyo Gas, Partners to Build LNG Plant
Minh Chinh granted an investment license to a consortium comprising Tokyo Gas, Kyuden International, and Truong Thanh Group to construct a USD1.99 billion (MYR9.35 billion) liquid natural gas (LNG)-fired power plant in the northern province of Thai Binh d
Oil&Gas Drilling
18-12-2023
Odfjell Technology Firms up Two-Year Deal With Serica Energy
Odfjell Technology, a spinoff of Odfjell Drilling that specialises in offshore operations, well service technology, and engineering solutions, has been awarded a two–year contract extension with Serica Energy.The extension will see the Oslo-list
Oil & Gas Trade
18-12-2023
Russia Eyes Additional Oil Export Cuts of About 50,000 Bpd in December - Novak Says
A pump jack is seen at the Ashalchinskoye oil field owned by Russia's oil producer Tatneft near Almetyevsk, in the Republic of Tatarstan, Russia, July 27, 2017. REUTERS/Sergei Karpukhin/File Photo Acquire Licensing RightsRussia said on Sunday it w
Japan
16-12-2023
Tokyo Gas Unit Buys US Natgas Producer Rockcliff Energy for $2.7 Billion
A natural gas pipeline, and the logos of Tokyo Gas and Rockcliff Energy are seen in this illustration taken January 4, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoA unit of Tokyo Gas has bought Texas-based natural gas producer Rockcliff Energy from pr
LNG
16-12-2023
Gunvor Closes €400 Million Loan to Secure LNG Supplies for Italian Industry
Geneva-based energy trading firm Gunvor Group has closed a €400 million loan to support the Italian industry by securing natural gas and LNG supplies while promoting the export of Italy’s goods and services.Illustration only. Image: Gun
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