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Oil & Gas
Oil Price
Oil Prices Post 3% Annual Decline
Oil & Gas Trade
11-10-2024
Mexican President Says New Pemex Refinery Running at About 80% of Capacity
The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Purchase Licensing RightsMexico's state-owned Pemex's new oil refinery is proce
Crude Oil
11-10-2024
Exclusive: Oil Group Mol’s Refineries Shift to Non-Russian Crude Faces Delay
Fuel prices are seen on a board at a gas station of Hungarian oil company MOL Group in Esztergom, Hungary, January 21, 2023. REUTERS/Marton Monus/File Photo Purchase Licensing RightsHungarian oil group MOL (MOLB.BU), expects its refineries to be able to p
Oil & Gas Trade
11-10-2024
US Regulator Denies Shell’s Request for Older Venture Global LNG’s Documents
A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse/File Photo Purchase Licensing RightsShell (SHEL.L)on Thursday lost a bid to have U.S. regulato
Crude Oil
11-10-2024
One Dead, Several Injured After Leak at Pemex Deer Park Plant in Texas
One person died and several more were injured on Thursday after a chemical leak at Pemex's 312,500-barrels-per-day Deer Park refinery in Texas."The Harris County Fire Marshal's Office and Harris County Pollution Services are on the sc
Oil & Gas Trade
10-10-2024
Kazakhstan Plans to Extend Ban on Liquefied Petroleum Gas Export for Another 6 Months
The authorities of Kazakhstan plan to extend the ban on the export of liquefied petroleum gas from the territory of the country for another 6 months, which was introduced in May, the press service of the Ministry of Energy reported.The measures are aimed
Oil & Gas Trade
10-10-2024
Gas line connection to Exxon's FPSOs in Guyana completed, executive says
The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/File Photo Purchase Licensing RightsA pipeline that would allow Guyana to bring natural gas prod
Oil & Gas Supply
10-10-2024
Florida Fuel Outages Grow as Residents Evacuate Ahead of Hurricane Milton
A gas station runs out of fuel as residents evacuate before for Hurricane Milton's arrival in St. Petersburg, Florida, U.S., October 7, 2024. REUTERS/Octavio Jones/File Photo Purchase Licensing RightsNearly a quarter of Florida's gasoline
Oil & Gas Trade
10-10-2024
Russia Reducing Share of Budget Revenue From Gas and Oil, Minister Says
Russia's Finance Minister Anton Siluanov takes part in talks held by President Vladimir Putin and President of the New Development Bank (NDB) Dilma Rousseff on the sidelines of the St. Petersburg International Economic Forum (SPIEF) in Saint Peter
Oil & Gas Trade
09-10-2024
East Timor Talked With Sinopec, Other Chinese Firms Over Stalled Multi-Billion Gas Project, President Says
East Timor’s President Jose Ramos Horta addresses the National Press Club in Canberra, Australia, October 9, 2024. AAP Image/Mick Tsikas via REUTERS Purchase Licensing RightsEast Timor has talked with Chinese firms including state-owned Sinopec
Oil Shale
09-10-2024
Cryptominer MARA Taps US Shale Patch in New Power Generation Project
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen/File Photo Purchase Licensing RightsMARA Holdings Inc. (MARA.O),,the world's largest publicly traded bitcoin mi
Oil & Gas Trade
09-10-2024
CNOOC’s Bozhong 19-2 Oilfield Project Starts Production
Photo from CNOOCIt is expected to reach a peak production of 18,800 barrels.China National Offshore Oil Corporation (CNOOC) has commenced production at its Bozhong 19-2 Oilfield Development Project.According to the company, the project is expected to achi
Oil & Gas Trade
09-10-2024
QatarEnergy Signs 20-year Naphtha Supply Deal with Shell
Shell's logo is seen at a fuel station in Saint Petersburg, Russia, May 6, 2022. REUTERS/Anton Vaganov/File Photo Purchase Licensing RightsQatarEnergy has entered into a long-term naphtha supply agreement with Shell (SHEL.L), supplying up to 18 mi
Oil & Gas Trade
08-10-2024
Shell’s Third-Quarter Refining Margins Drop Sharply
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsShell's (SHEL.L), opens new tab refining profit margins dropped by nearly 30% in the third quarter f
Oil & Gas Trade
08-10-2024
Exclusive: BP Abandons Goal to Cut Oil Output, Resets Strategy
Vehicles drive past a BP petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing RightsBP (BP.L), opens new tab has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back
LNG
08-10-2024
Italy’s ENI in Talks With Japan on Supplying LNG, Executive Says
File Photo: The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi/File Photo Purchase Licensing RightsItalian energy company Eni (ENI.MI), opens new tab is in talks with Japan on supp
LNG
08-10-2024
Japan Expands LNG Flexibility via Cooperation With South Korea, Italy
Japan has agreed on Sunday to study cooperating with South Korea and Italy on procurement of liquefied natural gas (LNG) as the world's second-biggest LNG importer after China seeks greater flexibility while strengthening its energy security.JERA,
Oil & Gas Supply
29-09-2024
Death Toll in Russia Petrol Station Blast Rises to 13
Makhachkala, Dagestan, Russia September 27, 2024. Russian Emergencies Ministry/Handout via REUTERS Purchase Licensing RightsThe death toll from an explosion at a petrol station in Dagestan in Russia's Caspian Sea region has risen to 13, including
Oil & Gas Trade
29-09-2024
Exxon Director Joins Elliott Group Seeking to Acquire Citgo Petroleum
A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo Purchase Licensing RightsExxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-b
LNG
27-09-2024
Mitsubishi Expands Stake in Giant Malaysia LNG
Japanese trading house Mitsubishi (8058.T), opens new tab said on Friday it would expand its ownership in a major liquefied natural gas project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.Operated by Malaysian sta
LNG
27-09-2024
China to start up Guangdong LNG terminal, ExxonMobil has 20-yr access
China's Guangdong Energy Group is expected to start commercial operation of a new LNG receiving terminal in south China next week which U.S. major ExxonMobil has agreed to use under a 20-year agreement, two industry sources told Reuters on Thursda
United States
27-09-2024
Shale producer Validus to buy Citizen Energy in deal worth over $2 billion, sources say
A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013. REUTERS/Lucy Nicholson Purchase Licensing RightsPrivately held oil and gas producer Validus Energy has struck a deal to buy rival Citizen Energy for more than $2 billi
Oil Price
27-09-2024
Oil prices slide 3% on prospect of more OPEC+ oil
A view shows Atyrau Oil Refinery owned by Kazakhstan's state energy company KazMunayGas in the city of Atyrau, Kazakhstan, November 15, 2023. REUTERS/Turar Kazangapov/File Photo Purchase Licensing RightsOil prices fell more than 3% on Thursday on
Oil&Gas Drilling
27-09-2024
Brazil’s Petrobras to Pump Natural Gas From Reopened Offshore Well
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchase Licensing RightsBrazilian oil giant Petrobras (PETR4.SA), opens new tab is set to reopen
LNG
27-09-2024
Japan's Mitsubishi to acquire stake in Petronas LNG plant, Nikkei reports
The logo of Mitsubishi Corporation is displayed at the entrance of the company headquarters building in Tokyo, Japan, April 26, 2016. REUTERS/Issei Kato/File Photo Purchase Licensing RightsJapanese conglomerate Mitsubishi (8058.T), opens new tab will acqu
Oil&Gas Drilling
27-09-2024
Texas approves plan to boost oil and gas drillers' power grid access
The sun sets behind power lines above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas Jackson/File Photo Purchase Licensing RightsA Texas commission unanimously on Thursday approved the Permian Basin Reliability Plan, which is des
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Most views from Oil & Gas
1
Turkmenistan Expands Oil Production at Uzynada Field
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Nigeria’s Dangote Refinery Says It Can Deliver 1.5 Billion Litres of Petrol in December
3
Russia’s Rosneft Reports 70% Fall In 9-Month Net Income
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$4 Billion Deal in Hand as ADNOC Scores 20-Year Gas Supply Assignment
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Gastech 2023 - Shaping the future of energy
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UK Eases North Sea Oil and Gas Licensing for Existing Fields
