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 Price
18-11-2024

Indian Gas Retailers’ Shares Sink as Supply Cut Hits Margins
Indian city gas distributors’ stocks tumbled Monday after the government cut allocations of natural gas for a second month, triggering analyst downgrades.The shares of Indraprastha Gas Ltd. slumped nearly 20%, the most in over twelve years, whil
Natural Gas
18-11-2024

Gasoline Exports From China Decline to Lowest Level Since April
Gasoline exports from China sank to the lowest since April as refiners scale back operations and a holiday boosted local demand.Shipments dropped 8.2% from September and were 13% lower than a year earlier, according to customs data released Monday. Diesel
Oil Price
16-11-2024

Election Euphoria Ends For Oil Prices
The International Energy Agency (IEA) expects there to be an oil surplus of more than 1.0 million bbl next year based upon a continuing decline in demand centered around China. The agency’s head of oil industry and markets went so far as to sugg
Natural Gas
15-11-2024

NuVista to Supply Gas to Trafigura in Long-Term Deal
Trafigura Group Pte. Ltd., has signed a long-term natural gas agreement with NuVista Energy Ltd., a leading producer of condensate-rich natural gas in the Montney formation in the Alberta Deep Basin, Canada.Under the agreement, NuVista will supply 21,000
Oil&Gas Drilling
15-11-2024

Houston Based Coterra Announces Accretive Permian Deals for Near $4B
Bourbon announced that it has been awarded a new fully integrated logistics contract by an oil & gas major operator to support its exploration campaign and the drilling of its first well in the waters of southern Namibia. This campaign, estimated to l
LNG
15-11-2024

IEA Says Global Oil Market Faces a Million-Barrel Glut Next Year
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East and beyond, the International Energy Agency said.Oil consumption in China — the po
Oil&Gas Drilling
15-11-2024

Bourbon Logistics Wins Contract With Oil And Gas Major Operator In Namibia
Bourbon announced that it has been awarded a new fully integrated logistics contract by an oil & gas major operator to support its exploration campaign and the drilling of its first well in the waters of southern Namibia. This campaign, estimated to l
Oil & Gas Trade
15-11-2024

Elemental Energies And Archer Announce Global P&A Well Engineering Joint Venture
Elemental Energies and Archer have announced a joint venture (JV) agreement delivering integrated plugging and abandonment (P&A) services to global decommissioning projects. This commitment formalizes the long-term partnership between Archer and Eleme
Natural Gas
15-11-2024

Enermech Wins Major Contract For North Sea Operator’s Offshore Installations
EnerMech has won a multi-million-pound contract to become the preferred provider of Flexible Hose Assembly (FHA) and Small Bore Tubing (SMT) management services for a major E&P organization’s U.K. assets.The minimum five-year agreement focus
Natural Gas
15-11-2024

Technip, SBM Awarded Major Contracts For TotalEnergies’ Granmorgu FPSO, Offshore Suriname
SBM Offshore, Technip Energies and TechnipFMC all announced today the securement of major contracts for the GranMorgu field development project located in Block 58 in Suriname, operated by TotalEnergies.Under these contracts, SBM Offshore will, in partner
Natural Gas
15-11-2024

SBM Offshore Awarded Contracts For The GranMorgu Field Development
SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies.Under these contracts, SBM Offshore will,
Natural Gas
15-11-2024

ADNOC Gas Signs 10-year LNG Sales And Purchase Agreement With India’s Gail
ADNOC Gas has signed a 10-year Sales and Purchase Agreement (SPA) with GAIL India Limited, India's largest natural gas company, to supply up to 0.52 million metric tons per annum (mmtpa) of liquefied natural gas (LNG), starting in 2026. The SPA co
Oil & Gas Trade
15-11-2024

Caterpillar Oil & Gas Announces New CCV System To Reduce Engine Methane Emissions Up To 20%
Caterpillar Oil & Gas has announced the launch of the Cat® Closed Crank Ventilation (CCV) System, a technology designed to eliminate the venting of crankcase gases, commonly referred to as blow-by emissions, from internal combustion engines. T
Oil & Gas Trade
14-11-2024

Int'l Petroleum Expo Concludes In Abu Dhabi With Record-breaking Attendance
The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2024 concluded here on Thursday with record-breaking attendance and multi-million-dollar deals announced.Attendance increased by more than 20,000 from last year, with over 205,000 pa
Oil & Gas Trade
14-11-2024

Golar, BP Advancing Commissioning Of FLNG Gimi For Gta Gas Project
Golar LNGhas reached an agreement withbp, operator of the Greater Tortue Ahmeyim (GTA) development offshore Mauritania and Senegal, and partnerKosmos Energy, on using an LNG cargo to advance commissioning of theGimiFLNG vessel.Last month the LNG carrier B
Oil & Gas Technology
14-11-2024

CRC Evans Wins Welding Services Contract From COOEC
CRC Evans says that it has signed a contract with Offshore Oil Engineering Co., Ltd. (COOEC) to deliver welding services for the Ruya Batch 1 Project, part of the expansion of the Al-Shaheen field, Qatar’s largest offshore oil field.The formal s
Oil & Gas Trade
14-11-2024

Shell Wins Appeal in Dutch Climate Suit
The Hague Court of Appeal on Tuesday agreed with Shell PLC that the company could not be legally forced to set a specific emissions target, overturning a 2021 ruling by a lower Dutch court.However, the appellate court said fossil fuel consumption is large
Oil Price
14-11-2024

Oil Settles on Moderate Gains Amid Mixed Middle East Signals
Oil edged higher after swinging between gains and losses for much of the session as traders weighed mixed signals about the risks to flows from the Middle East against the prospect of an impending supply glut.West Texas Intermediate added 0.5% to settle a
Crude Oil
14-11-2024

Oil & Gas Decarbonization Charter Publishes Baseline Report To Track Progress On Emissions Reductions
The Oil & Gas Decarbonization Charter (OGDC) has published its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductions made by the 54 oil and gas companies — representing almost 45% of the global oil product
Oil&Gas Drilling
14-11-2024

Nostra Terra Gives Update On Its Texas Oil And Gas Production, Operations
Company oil production is currently averaging 120 bopd net, up significantly due to the contribution from the first phase of the planned workover program at Pine Mills in which NTOG has a 100% working interest (WI). Five previously shut-in wells have been
Oil & Gas Trade
14-11-2024

Deepocean And Exceed Partner For Vessel-based P&A
Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.The two companies co
Oil & Gas Trade
14-11-2024

Coterra To Buy Permian Shale Assets In $4 Billion Deal
Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billion.Coterra will pay for the assets from Franklin Mountain Energy and Avant Natural Resources wi
Natural Gas
14-11-2024

Republic Of Congo Aims To Accelerate Oil, Gas, Sustainable Projects
The Republic of Congo (RoC) is preparing to launch a Gas Master Plan and new Gas Code, all while enticing investment in crude exploration and production. Speaking during a press conference at African Energy Week 2024, Bruno Jean-Richard Itoua, the country
Oil & Gas Trade
14-11-2024

Ineos-led Project Greensand And Royal Wagenborg Sign Agreement On Co2 Carrier
Today, in the presence of HM King Willem-Alexander of the Netherlands and HM King Frederik of Denmark INEOS and Royal Wagenborg have signed a landmark agreement on the delivery of CO2 transportation.This multi-year agreement, a significant step towards ad
Oil & Gas Trade
13-11-2024

Hilcorp Bags $1b Permian Deal
This move aligns with Exxon’s aggressive shift toward higher-margin shale plays following its recent $60 billion acquisition of Pioneer Natural Resources. Exxon expects the deal to close in early 2025.The move exemplifies Exxon’s strat

7216 Items PREV 1.. 36 37 38 39 40 41 42 43 44 ..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