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Oil&Gas Drilling
'Major' Oil Player Books Jack-up Rig for Drilling Gig Offshore Qatar
Oil & Gas Supply
17-04-2024
BP Starts Oil Production at New Offshore Platform in Azerbaijan
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsBP (BP.L), opens ne
LNG
17-04-2024
Rupture on TC Energy's NGTL Gas Pipeline Sparks Wildfire in Alberta
A section of TC Energy's (TRP.TO), opens new tab NGTL gas pipeline system in Alberta ruptured and caught fire on Tuesday, sparking a wildfire in a remote area, the company said."An initial ignition of natural gas at the rupture site is now ex
Oil Field
16-04-2024
Valeura Makes Three Oil Discoveries Offshore Thailand
Valeura declared three new oil discoveries in the Gulf of Thailand.Valeura Energy Inc. on Monday declared three oil discoveries in the Gulf of Thailand, two in the Wassana field and one in the Nong Yao field.In Wassana, where Calgary City, Canada-based Va
LNG
16-04-2024
Russia's Gazprom Ships Second LNG Cargo From Portovaya to Spain - LSEG Data
A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo and Russian flag in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsRussia's Gazprom (GAZP.MM), opens new
OPEC
16-04-2024
OPEC Woos Namibia as African Nation Prepares to Produce From 2030
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard Foeger/File Photo Purchase Licensing RightsThe OPEC+ oil producers group, having lost Angol
Oil & Gas Trade
16-04-2024
EQT to Sell Some Natgas Assets in Pennsylvania to Equinor USA
The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo Purchase Licensing RightsEQT (EQT.N), opens n
Oil & Gas Trade
16-04-2024
US Oil Output From Top Shale Regions to Rise in May, EIA Says
A pump jack lifts oil out of a well during a sandstorm in Midland, Texas, U.S., April 13, 2018. Picture taken April 13, 2018. REUTERS/Ann Saphir/File Photo Purchase Licensing RightsU.S. oil output from top shale-producing regions will rise in May to the h
Oil & Gas Trade
16-04-2024
India Raises Windfall Tax on Petroleum Crude
An Oil and Natural Gas Corp's (ONGC) well is pictured in an oil field on the outskirts of the western city of Ahmedabad, India, February 10, 2016. REUTERS/Amit Dave/File Photo Purchase Licensing RightsThe Indian government has raised its windfall
Oil & Gas Supply
16-04-2024
Canada's Tamarack Valley Shutters Production After Alberta Gas Plant Fire
Canadian oil and gas producer Tamarack Valley Energy (TVE.TO), opens new tab has temporarily shut in about 6,200 barrels of oil equivalent per day (boepd) of production after a fire at a third-party gas plant at Mitsue, Alberta, CEO Brian Schmidt said on
Oil Field
15-04-2024
Valeura Energy Inc.: Three Oil Discoveries in the Gulf of Thailand
Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, is pleased to announce three oil discoveries on its
Oil & Gas Trade
15-04-2024
Japanese Investors Partner With I Squared Capital on Us$370 Million Strategic Investment in Natural Gas Infrastructure to Accelerate the Energy Transition in India
Japanese investors to take a minority stake in a Singapore-based holding company with investments in companies developing city gas distribution networks in India.- Transaction to provide fresh injection of equity to support new infrastructure investments
Oil & Gas Trade
15-04-2024
Kazakhstan to Compensate for Exceeding OPEC+ Quota in March
An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. REUTERS/Turar Kazangapov/File Photo Purchase Licensing RightsKazakhstan will compensate for exceeding its oi
Oil Field
15-04-2024
88 Energy Strikes Second Oil Discovery in Alaska
88 Energy Limited celebrates a significant milestone with the second light oil discovery at the SMD-B reservoir in its Hickory-1 well, Alaska, yielding a peak flow rate of around 50 barrels per day. With minimal associated gas flow, the results confirm th
Crude Oil
15-04-2024
Niger and China Sign Crude Oil MoU Worth $400 Mln, Says Niger State TV
Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of crude oil from its Agadem oilfield, Niger state television RTN reported late on Friday.RTN did
Oil & Gas Trade
13-04-2024
IEA Lowers Global Oil Demand Forecasts on Weak OECD Consumption
The IEA's forecast on Friday stands in stark contrast to Opec's outlook released on Thursday. ReutersThe International Energy Agency has revised down its prediction for oil demand growth this year, due to lower-than-expected consumption an
Oil&Gas Drilling
13-04-2024
Exxon Moves Forward With Sixth Oil Project in Guyana
Exxon Mobil?s new headquarters are seen under construction in Georgetown, Guyana, February 18, 2024. REUTERS/Sabrina Valle/File Photo Purchase Licensing RightsAn Exxon Mobil-led oil consortium (XOM.N), opens new tab on Friday gave the financial green ligh
Oil and Gas Equipment
12-04-2024
JSI Alliance completes Basrah Refinery heavy lift shipments for JGC
On 11 March, MV Svenja discharged her cargo of 9 modules. The discharge marked the completion of the JSI Alliance’s scope of work in the Basrah Refinery Upgrading Project for JGC Corporation. The Alliance’s undertaking of this large-sc
Oil & Gas Trade
12-04-2024
Exclusive: UAE's Adnoc Recently Eyed BP as Takeover Target, Sources Say
The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File photo Purchase Licensing Rights33.2%.The United Arab Emirates' state-owned oil company recently considered buying Britain
Oil & Gas Trade
12-04-2024
Oil Exports From Russia's Baltic Ports Set to Rise 5% in April
Russian oil loadings including Kazakhstan's transit via Primorsk and Ust-Luga ports are set to rise to 7.1 million metric tons (1.73 million barrels per day) in April from 7.0 metric tons in March, according to two sources, citing preliminary expo
Oil & Gas Trade
12-04-2024
Cenovus Energy to Invest $1.5 Billion in Ohio Refineries Over Next 5 Years
Cenovus Energy (CVE.TO), opens new tab on Thursday said it plans to invest $1.5 billion in its Ohio refineries over the coming five years, including Lima and Oregon.The investment in Ohio refineries include maintenance, reliability measures and market acc
LNG
11-04-2024
Germany's Mukran LNG Terminal Receives Operating Permit
A general view shows pipe systems on a special ship, "Neptune", the floating liquefied natural gas terminal, during the inauguration of the Liquefied Natural Gas (LNG) terminal 'Deutsche Ostsee' in the port of Lubmin, Germany Jan
LNG
11-04-2024
Russian LNG Accounts for a Quarter of Spanish Gas Imports in March
A general view shows Enagas liquefied natural gas (LNG) terminal at Zona Franca in Barcelona, Spain, March 29, 2022. REUTERS/Albert Gea/File photo Purchase Licensing RightsLiquefied natural gas (LNG) from Russia comprised almost 26% of Spain's gas
Oil Pipeline
11-04-2024
Biden Administration Says Enbridge Pipeline Shutdown Order Should Be Reconsidered
Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File photo Purchase Licensing RightsThe Biden administration has urged a U.S. appeals court to tell a lower court to rethink its order that woul
Oil Field
10-04-2024
Brazil's Petrobras Discovers Oil Deposits in Ultra-Deep Waters of Potiguar Basin
Brazil's state-run oil company Petrobras said on Tuesday it has discovered oil deposits in the ultra-deep waters of the Potiguar basin, in the Equatorial Margin.This is the second well in Potiguar where the firm has found hydrocarbons. Both finds
United States
10-04-2024
Oil steady as U.S. crude stock build offsets Middle East uncertainty
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsOil prices held steady in early trade on Wednesday after two straight days of loss
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