Search

Français Русский Español العربية Português Deutsch

Oil & Gas

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level

Oil & Gas Trade
02-08-2024

Iraq and BP Plan to Develop Kirkuk Oil and Gas Fields, Iraqi PM’s Office Says
Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo Purchase Licensing RightsIraq has signed a preliminary agreement with Britain's BP (BP.L), opens new tab to develop the northe
Oil & Gas Trade
02-08-2024

Shell Beats Forecasts With $6.3 Bln Second Quarter Profit
An exhibition booth of Shell is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. Picture taken May 23, 2022. REUTERS/Florence Tan/File Photo Purchase Licensing RightsShell (SHEL.L), opens new tab reported second-quarter profit of
Oil & Gas Trade
31-07-2024

Viaro to Buy Shell, Exxon’s North Sea Assets
Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell (SHEL.L), opens new tab and Exxon Mobil (XOM.N), opens new tab.Reuters reported about the deal talks in May, citing sources and one of t
Oil & Gas Trade
31-07-2024

Canada’s TC Energy to Sell Gas Pipeline Stake to Indigenous Communities for $722 Million
Pipeline operator TC Energy (TRP.TO), opens new tab said on Tuesday it will sell a minority stake in its Canadian natural gas pipeline system to Indigenous communities for C$1 billion ($722.1 million) as part of a plan to reduce debt and fund investments.
Oil & Gas Trade
31-07-2024

BP Eyes 2029 Production Start-up for High-Pressure Kaskida Project in u.s. Gulf of Mexico
bp has taken a final investment decision on the Kaskida project in the U.S. Gulf of Mexico.Kaskida will be bp’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80,000 bopd from six wells
LNG
30-07-2024

India’s Torrent Power Seeks 10-Year LNG Supply From 2027, Say Sources
India's Torrent Power (TOPO.NS), opens new tab has issued a tender seeking supplies of liquefied natural gas (LNG) over a period of 10 years, two industry sources said on Monday.The utility is seeking delivery of six cargoes per year from 2027. The te
LNG
30-07-2024

Freeport LNG Returns to Full Production
Freeport LNG was on track to return to full production on Sunday, pulling over 2 billion cubic feet (bcf) of natural gas, LSEG data showed.Freeport is the United States' second-largest LNG exporter and one of the most-watched U.S. LNG export plant
Oil & Gas Trade
30-07-2024

Totalenergies Says Will Quit South African Offshore Gas Block
French oil major TotalEnergies (TTEF.PA), opens new tab said on Monday it would withdraw from an offshore natural gas block off South Africa's southern coast because developing the finds commercially would be too difficult.Earlier this month, Tota
Oil & Gas Trade
30-07-2024

US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for delivery to the Bayou Choctaw site in Louisiana during the last three months of the year.Exxon
Oil & Gas Trade
29-07-2024

Iran’s Non-oil Exports Rise Over $1.3 BN in 4 Months: Spox
The spokesman of Iran House of Industry, Mine and Trade said that the country’s export of non-oil commodities increased $1.350 billion in the first four months of this year 1403 in the Iranian calendar (started March 21, 2024).Iran exported $17.
Oil & Gas Trade
29-07-2024

Saudi Arabia’s Bahri Reports 15% Jump in Q2 Revenue on Year on Oil, Chemicals
The National Shipping Co. of Saudi Arabia, or Bahri, attributed a 15% year-on-year increase in revenue in the second quarter to better oil and chemicals shipping rates and larger chemicals, dry bulk and logistics volumes, it said in second quarter results
Crude Oil
28-07-2024

Motiva Plans to Restart Texas Fcc Over Weekend, Sources Say
Motiva Enterprises plans to begin restarting the gasoline-producing fluidic catalytic cracker (FCC) at its 626,000-barrel-per-day (bpd) Port Arthur, Texas, refinery as early as Saturday, people familiar with plant operations said.Motiva plans to finish re
Crude Oil
28-07-2024

Exclusive: Nigeria’s Dangote Refinery Is Reselling Crude, Sources Say
Nigeria's major Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday.Three of the sources said the reoffer was linked to technical problems at the refinery. A Dangote exec
Oil & Gas Trade
28-07-2024

Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resources signed two agreements with international companies on Sunday to invest $340 million to
Oil & Gas Trade
28-07-2024

Libya’s NOC Denies It Is in Talks to Supply Crude Oil to Nigeria
Libya's National Oil Corporation (NOC) on Sunday denied holding negotiations to supply crude oil to a refinery in Nigeria.A senior executive with Nigeria's Dangote refinery told Reuters last week that it was in talks with Libya to secure c
Oil&Gas Drilling
27-07-2024

US Oil/Gas Rig Count Rises in July in Biggest Monthly Hike Since Nov 2022 - Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a second week in a row, boosting the monthly count by the most since November 2022, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday.The o
Oil & Gas Trade
27-07-2024

Mexico’s Pemex Swings to $14 Bln Quarterly Loss on Lower Sales, Currency Losses
Mexico's state-owned oil company Pemex swung to a 256 billion peso ($14 billion) second-quarter net loss on Friday, red ink the energy giant chalked up to lower sales, a higher cost of sales and large currency exchange losses.The quarterly loss co
Oil & Gas Trade
26-07-2024

Exxon Mobil, CF Industries sign carbon capture and storage deal
Energy major Exxon Mobil (XOM.N), opens new tab said on Thursday it has entered into a carbon capture and storage (CCS) agreement with ammonia producer CF Industries (CF.N), opens new tab.Carbon capture is a process through which carbon dioxide (CO2) gene
Oil & Gas Trade
26-07-2024

Canada’s Pieridae Energy Shuts-in Production Amid Low Natgas Prices
Canadian energy company Pieridae Energy (PEA.TO), opens new tab said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day (boe/d) that flows to a third-party owned and operated facility, in response to low natural gas
Oil & Gas Trade
25-07-2024

Texas LNG and EQT Sign 20-Year Agreement for Gas Liquefaction Services
Texas LNG is a planned export facility in the Port of Brownsville, Texas. Credit: Nadja1/Shutterstock.Texas LNG Brownsville (Texas LNG), operated by Glenfarne Energy Transition, has finalised a 20-year tolling agreement with EQT.Texas LNG is a planned 4mt
RNG
25-07-2024

Viridi Energy Signs 20-Year Deal to Supply RNG to ÉNergi
Viridi will supply the RNG from plants in Brunswick, Marathon County and Bethlehem. Credit: Quality Stock Arts/Shutterstock.Viridi Energy, an RNG producer, has entered into a 20-year supply agreement with Énergir.The deal will see Viridi delive
Oil & Gas Trade
25-07-2024

With First FLNG Unit Online, US Player Gets Hold of $700 Million Loan to Build Second One
U.S. energy infrastructure player New Fortress Energy (NFE) has secured a $700 million loan to cover its construction costs for a second floating liquefied natural gas (FLNG) unit, which will join the first one at its LNG terminal in Altamira, Mexico.Alta
Oil & Gas Trade
25-07-2024

Totalenergies Q2 Earnings Fall 6% on Weaker Refined Products and Gas Sales
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo Purchase Licensing RightsFrench oil major TotalEnergies (T
Crude Oil
24-07-2024

Oil Prices Rise as US Crude and Fuel Inventories Seen Shrinking
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/file photo Purchase Licensing RightsFalling U.S. crude inventories caused oil prices to rebound on Wednesday after several days of decline, while
Oil & Gas Trade
23-07-2024

Ocyan Bags $134M Petrobras Service Deal on Buzios Field
Brazilian offshore service provider Ocyan, part of US-based institutional investor EIG, has signed a contract with Petrobras reportedly worth around 750 million reais ($134m) for maintenance and maritime services in the Búzios field.The deal wi

7330 Items PREV 1.. 54 55 56 57 58 59 60 61 62 ..294 NEXT

Most views from Oil & Gas

Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility

Baker Hughes to Supply Tech for Offshore LNG Project in Texas

Equinor starts drilling major gas development in Brazil

Algeria and Spain in talks to increase gas supply

Petron secures 2.5M barrels of Russian crude oil

PH, China reopen oil exploration talks