Search

Transportation Construction and materials Chemical industry Agricultural engineering Information and Communication Exhibition & Forum Belt and Road

Français Русский Español العربية Português Deutsch

Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

Oil & Gas Trade
23-11-2024

India Is Leading Source Of Oil Demand Growth In EIA Forecast
In its latest short term energy outlook (STEO), which was released recently, the U.S. Energy Information Administration (EIA) said India has emerged as the leading source of growth in global oil consumption in its forecast.Over 2024 and 2025, India accoun
Oil & Gas Trade
23-11-2024

Big Oil Accelerating Investment in Biofuels: Rystad
BP PLC, Chevron Corp., Eni SpA, Exxon Mobil Corp., Shell PLC and TotalEnergies SE have announced a total of 43 biofuel production projects with a combined 286,000 barrels per day (bpd) of capacity at the turn of the decade, signaling accelerating investme
Natural Gas
22-11-2024

PAG Said to Sell AirPower’s Gas Business for $6.8 Billion
PAG, one of Asia’s biggest alternative asset managers, agreed to sell the industrial gases business of AirPower Technologies Ltd. to a Chinese consortium in a deal valued at $6.8 billion, people familiar with the matter said.The sale is one of t
Natural Gas
22-11-2024

Asian LNG Jumps to Highest This Year as European Benchmarks Rise
North Asia spot liquefied natural gas prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.The Japan-Korea marker, the benchmark for the region, rose to about $15.3 per million British ther
Natural Gas
22-11-2024

Nigerians Are Switching Cars to Compressed Natural Gas After Petrol Prices Surge
Long queues of cars are a common sight at petrol stations across Nigeria, but for some drivers turning to compressed natural gas, pumps are becoming a thing of the past.A fivefold increase in petrol prices since the rollback of fuel subsidies last year ha
Oil Price
22-11-2024

Occidental CEO Warns US Is at Risk of Losing Energy Independence
Occidental Petroleum Corp. warned that US energy independence is at risk of slipping away if shale output plateaus and begins to decline.It’s going to start to roll over, and when that happens, that’s when the US is at risk for losing
Crude Oil
22-11-2024

Petrobras Announces $3.4 Billion in Extraordinary Dividends
Petroleo Brasileiro SA announced 20 billion reais ($3.4 billion) in extraordinary dividends in a sign that Brazil’s state-controlled oil giant will continue returning cash to investors.The payment is in line with Petrobras’s policy tha
Crude Oil
21-11-2024

TechnipFMC Bags $1b Contract For Totalenergies' Suriname Project
TechnipFMC plc has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract from TotalEnergies for its GranMorgu project on Block 58, the first oil and gas development offshore Suriname.TechnipFMC said in a news rele
Natural Gas
21-11-2024

TGS Wins Major Seismic Contract For ONGC Offshore India Gas Field
TGS announced today they have won a significant seismic survey/3D streamer contract for ONGC in the Mahanadi basin, offshore India. The Ramform Sovereign is scheduled to mobilize for the survey in January 2025 and the contract has a duration of approximat
Oil & Gas Trade
21-11-2024

Nigeria’s Dangote Plant Buys US Oil for First Time in 3 Months
Nigeria’s giant Dangote refinery purchased its first shipment of US oil after a hiatus of three months as the site continues to ramp up production.The plant purchased about two million barrels of WTI Midland crude from Chevron Corp., according t
Crude Oil
21-11-2024

Exxon Withdraws From Offshore Suriname Oil-Exploration Block
Exxon Mobil Corp. withdrew from an oil-exploration block off the coast of Suriname, not far from where it discovered more than 11 billion barrels in Guyanese waters.Exxon will transfer its 50% stake in the block to Malaysia’s Petronas, the opera
Natural Gas
21-11-2024

Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion
Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, according to a bond document seen by Bloomberg.Claims in cases by eight separate companies, including
Crude Oil
20-11-2024

Ovintiv to Acquire Alberta Montney Assets for $2.4B
Ovintiv Inc. is acquiring Montney assets in Alberta from Paramount Resources Ltd. in an all-cash transaction valued at approximately $2.377 billion (CAD 3.325 billion).Upon closing, the acquisition will add approximately 70,000 barrels of oil equivalent p
Oil & Gas Supply
20-11-2024

BlackRock, Block, Ripple, Samsara Join SAF Buyers Alliance
BlackRock, Block, Ripple and Samsara have signed up for the Sustainable Aviation Buyers Alliance (SABA) after purchasing SAF certificates (SAFc’s) for supply delivered to Alaska Airlines, the transaction’s facilitator said Monday.The p
Oil Price
20-11-2024

World's Top Oil Refining Hub Is Running Hard as Exports Boom
US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from Mexico and Brazil.Fuel makers in the world’s largest refining hub processed 9.31 mill
Oil & Gas Supply
20-11-2024

Global OTEC Launches New Power Module For Sustainable Offshore Oil And Gas
Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geothermal Energy Utilization and Storage. During the event hosted by Petrobras at the Cenpes Conventio
Oil & Gas Technology
20-11-2024

Championx Boosts Permian Basin Production Capability By Nearly 10% While Reducing Emissions
ChampionX has completed a multi-million-dollar transformative project to enhance its chemical manufacturing hub in the Permian Basin. The project is a key initiative to meet industry demands while reducing inter-plant transportation, and associated carbon
Oil & Gas Trade
20-11-2024

ONEOK Agrees to Sell Interstate Gas Pipelines To DT Midstream For $1.2 Billion
ONEOK Inc. has signed an agreement to sell its three wholly owned interstate natural gaspipelinesystems to DT Midstream Inc. for $1.2 billion in cash. The deal, expected to close in the fourth quarter of 2024, is subject to regulatory approvals and standa
Oil&Gas Drilling
20-11-2024

Landbridge To Acquire Permian Acreage Valued At $245 Million From VTX Energy
LandBridge today announced it has entered into a purchase and sale agreement to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware Basin known as the Wolf Bone Ranch for total consideration of $245 million in cash from
Oil & Gas Trade
20-11-2024

America's Oil, Natural Gas Producers Outline Priorities To Trump Transition Team
Today the Independent Petroleum Association of America (IPAA) presented its issue priorities to the Trump Transition team. IPAA members are the primary producers of the nation’s oil and natural gas, accounting for 83 percent of America&rsquo
Oil & Gas Trade
20-11-2024

Totalenergies To Deploy Emissions Detection, Measurement Tech For Oil India Sites
TotalEnergies and Oil India Limited (OIL) signed a Cooperation Agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA technology at OIL sites in India.State-owned enterprise OIL recently j
Oil Price
19-11-2024

Petrobras Outlines $111 Billion, Five-Year Spending Proposal
Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan.The Brazilian oil giant’s eight-person executive office proposed that amount for the 2025-2029 period, according to
Oil & Gas Trade
19-11-2024

World’s Top Oil-Refining Hub Is Running Hard as Exports Boom
US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from Mexico and Brazil.Fuel makers in the world’s largest refining hub processed 9.31 mill
Oil Price
18-11-2024

Oil Holds Weekly Drop on Glut Concerns, China’s Demand Outlook
Oil held a weekly loss on concerns over plentiful global supply and the outlook for demand in China, the world’s biggest crude importer.Brent traded above $71 a barrel after tumbling 3.8% last week, while West Texas Intermediate was near $67. We
Oil & Gas Trade
18-11-2024

Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions
The energy trader seeking to buy UK gas assets from Shell Plc and Exxon Mobil Corp. was sued over allegations that he diverted money from an Iranian petrochemical company that was later banned from doing business in the US.Francesco Mazzagatti is accused

7216 Items PREV 1.. 35 36 37 38 39 40 41 42 43 ..289 NEXT

Most views from Oil & Gas

Turkmenistan Expands Oil Production at Uzynada Field

Nigeria’s Dangote Refinery Says It Can Deliver 1.5 Billion Litres of Petrol in December

Russia’s Rosneft Reports 70% Fall In 9-Month Net Income

$4 Billion Deal in Hand as ADNOC Scores 20-Year Gas Supply Assignment

Gastech 2023 - Shaping the future of energy

UK Eases North Sea Oil and Gas Licensing for Existing Fields