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Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

Natural Gas
26-09-2024

Bolivia’s Gas Exports to Argentina Ended in September, State-run Firm Confirms
People work during the construction of the Nestor Kirchner gas pipeline in Macachin, La Pampa, Argentina April 26, 2023. REUTERS/Martin Cossarini/File Photo Purchase Licensing RightsNatural gas exports from Bolivia to Argentina have come to an end after a
Energy Investment
26-09-2024

Trinidad Selects Shell as Preferred Bidder for Shallow Water Block, Sources Say
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsTrinidad and Tobago selected oil and gas producer Shell (SHEL.L), opens new tab as the preferred bidder for
Oil & Gas Trade
24-09-2024

Petrobras Wants a 40% Stake in Galp’s Mega Oil Block in Namibia, Director Says
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 RightsBrazil's Petrobras (PETR4.SA), opens new tab is expected to seek the enti
Oil & Gas Trade
24-09-2024

FTC Set to Greenlight Chevron’s $53 Bln Buy of Oil Rival Hess, Sources Say
Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoPurchase LicensingRightsThe U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's (CVX.N), opens
Oil & Gas Trade
23-09-2024

OGDCL, Chinese Co Sign MoU on Shale, Tight Gas Exploration
ISLAMABAD: In a significant development, during the ongoing 8th Silk Road International Expo for investment and trade forum in Xian, Shaaxi province China, an MOU is signed between OGDCL the flagship E&P company of Pakistan and CCDC, the major player
Oil & Gas Supply
23-09-2024

Shell to Shut Production at Two Oil Facilities in Gulf of Mexico
Shell will shut production at its Stones and Appomattox facilities in the Gulf of Mexicoprecautionary measure in response to a tropical disturbancehas begun evacuating non-essential personnel from its assets in the Mars CorridorThe latest from the U.S. Na
LNG
23-09-2024

South Africa’s Eskom, Sasol Agree to Explore LNG Options
Electricity pylons are seen near cooling towers of South African petrochemical company Sasol's synthetic fuel plant in Secunda, north of Johannesburg, South Africa, May 20, 2018. REUTERS/Siphiwe Sibeko/File Photo Purchase Licensing RightsSouth Afr
Oil & Gas Trade
21-09-2024

French-US Pair Bag Over $1 Billion for Revamp Project to Bring America’s LNG Import Terminal New Lease on Life as Large Export Facilities
The KTJV joint venture between France’s engineering company Technip Energies and the U.S. science, technology, and engineering player KBR has been put in charge of repurposing a liquefied natural gas (LNG) import and regasification terminal, loc
Oil Field
21-09-2024

Fresh Multimillion-Dollar Gigs Take Technipfmc to Petrobras’ Oil Fields in Brazilian Waters
UK-headquartered energy technology provider TechnipFMC has landed two new subsea assignments with Brazil’s state-owned energy giant Petrobras, allowing it to work on three offshore oil fields in the Brazilian pre-salt area.FPSO P62 on Roncador f
LNG
21-09-2024

300-Meter-Long FPSO Comes to Türkiye: Twofold Increase in Black Sea Gas Production on the Horizon (Photo)
With energy security at the forefront, Türkiye, which is determined to diversify its supplies and lower its dependence on imports through homegrown energy, has welcomed the arrival of its first-ever floating production, storage, and offloading (F
Oil & Gas Trade
21-09-2024

Oil and Gas Asia 2024 Convenes Expert Voices and Technology to Advan Ceclean Transition Growth
KUALA LUMPUR, Sep 20: Oil and Gas Asia (OGA), the leading industry event for the oil, gas,energy and petrochemicals sector in Southeast Asia, is set to welcome a pivotal gatheringof energy professionals to its 20th edition from Sept 25 to 27 to advance th
Oil&Gas Drilling
21-09-2024

Totalenergies Fires up Argentinian Offshore Project Letting Fenix Fuel ‘Land of Fire’ With More Gas
France’s energy giant TotalEnergies has powered an energy project at an archipelago off the southernmost tip of the South American mainland up with new gas resources by starting production from a field in southern Argentina. This gas project is
Natural Gas
21-09-2024

Norway’s Gassco Restarts Key Gas Export Plant After Maintenance
Norwegian gas infrastructure operator Gassco has restarted the Kaarstoe processing plant, a key hub for gas supplies to Germany, and is ramping up output following three weeks of maintenance, the company said on Friday."Kaarstoe is in the start-up ph
LNG
20-09-2024

Chevron Not Looking to Invest in Building US LNG Plants, Official Says
A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsChevron (CVX.N), opens new tab does not want to invest in the c
LNG Carrier
20-09-2024

Tanker From Russia’s Arctic LNG 2 Completes Voyage via Northern Sea Route, Data Shows
A tanker carrying cargo from Russia's Arctic LNG 2 has passed through the Northern Sea Route for the first time and approached a gas hub, according to LSEG ship-tracking data, in the latest sign that Russia's energy exports are flowing des
Oil&Gas Drilling
20-09-2024

Egypt Aims to Restore Normal Output at Gas Fields by Summer 2025
Egyptian Prime Minister, Mostafa Madbouly, speaks during the World Governments Summit, in Dubai, United Arab Emirates, February 12, 2024. REUTERS/Amr Alfiky/File Photo Purchase Licensing RightsEgypt aims to restore normal production at its natural gas fie
LNG
20-09-2024

Glencore Inks 20-Year Non-binding Deal with Commonwealth LNG, Kimmeridge
The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo Purchase Licensing RightsCommodities giant Glencore (GLEN.L), opens new tab has signed
Oil & Gas Trade
20-09-2024

Uniper, Conocophillips Agree to 10-Year Natural Gas Supply Deal
Uniper logo is displayed in this illustration taken September 5, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsGerman energy company Uniper (UN0k.DE), opens new tab and U.S. oil and gas producer ConocoPhillips (COP.N), opens ne
Oil & Gas Trade
19-09-2024

After Exxonmobil, Shell and Totalenergies Shake Hands With Botaş on 10-Year LNG Deals Fueling Türkiye’s Regional Gas Hub Aspirations
Following in the footsteps of their U.S. counterpart, ExxonMobil, two European energy giants, Shell and TotalEnergies, have sealed multi-year liquefied natural gas (LNG) deals with the Turkish Petroleum Pipeline Corporation (BOTAŞ). While enabling T&u
Oil & Gas Trade
19-09-2024

India Plans to Keep Buying Cheap Russian Oil, Oil Minister Says
U.S. Assistant Secretary for Energy Resources Geoffrey Pyatt and India's Minister of Petroleum & Natural Gas Hardeep Singh Puri sit on a panel as top energy executives and ministers meet in Houston for the annual Gastech conference in Houston,
LNG
19-09-2024

Turkey UPS Export Capability, Supply Diversity With 10-Year Totalenergies LNG Deal
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 Purchase Licensin
Oil & Gas Supply
19-09-2024

US Seeks up to 6 Million Barrels of Oil for Strategic Reserve
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo Purchase Licensing RightsThe U.S. is seeking
Gas Pipeline
18-09-2024

Apollo Inks $1 Billion Deal with BP to Fund Stake in Trans Adriatic Gas Pipeline
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 RightsApollo Global Manag
LNG
18-09-2024

Thailand’s Ptt Signs 5-Year LNG Deal with Oman LNG
Thailand's largest energy firm, state-controlled PTT PCL (PTT.BK), opens new tab, has signed a five-year deal to buy liquefied natural gas (LNG) from Oman.The deal will be for 300,000 metric tons of LNG per year, and will begin in 2025, PTT said i
Oil Pipeline
18-09-2024

South Sudan Says It Is Ready to Restart Pumping Oil Through Sudan
A worker walks by an oil well at the Toma South oil field to Heglig, in Ruweng State, South Sudan August 25, 2018. REUTERS/Jok Solomun/File photo Purchase Licensing RightsSouth Sudan and Sudan have made progress towards restarting the pumping of South Sud

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Turkmenistan Expands Oil Production at Uzynada Field

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

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

Gastech 2023 - Shaping the future of energy

UK Eases North Sea Oil and Gas Licensing for Existing Fields