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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
17-06-2024

UK's Sound Energy PLC Sells Moroccan Gas Assets to Managem
UK gas company Sound Energy PLC (SOU.L), opens new tab sold its subsidiary, Sound Energy Morocco East Limited, to Morocco's largest mining company, Managem, the two companies said on Friday.The transaction amounts to $45.2 million in total, Sound
Oil Field
16-06-2024

Iran to Sign Contracts Worth $2 BN Over Developing Oil Fields
TEHRAN, Jun. 16 (MNA) – CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr says that Iran is scheduled to sign over %2 billion worth of contracts to develop oil fields.Agreements would signed for the development of Changuleh an
Gas Power Stations
14-06-2024

Iltekno Installs First Gas Engine-Powered Cogeneration System in Uzbekistan
The project used a TCG 2032 genset that has 4,500 kilowatt electricity output.Turkish engineering, procurement, and construction contractor Iltekno announced it has built a cogeneration power plant based on gas engines in Uzbekistan.It was in 2019 when Il
Oil & Gas Trade
14-06-2024

Nextdecade, Saudi Aramco Sign 20-Year LNG Supply Deal
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Purchase Licensing RightsU.S. liquefied natural gas (LNG) provider NextDecade (NEXT.O), opens new tab has signed a non-binding ag
Oil & Gas Supply
14-06-2024

Russia's Oil Output Exceeded OPEC+ Quotas in May, Pledges to Meet Obligations
A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo Purchase Licensing RightsRussia's energy ministry said on Thursday that its oil produc
LNG
14-06-2024

Ukraine Agrees on First LNG Supply Deal with US Company Venture Global
Model of LNG tanker and a rising stock graph is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsUkraine signed on Thursday its first liquefied natural gas (LNG) deal with a U.S. company to
Oil&Gas Drilling
13-06-2024

Woodside's Sangomar Project Produces First Oil in Senegal
Senegal's Sangomar oil and gas field has produced its first oil, operator Woodside Energy (WDS.AX), opens new tab said on Tuesday, turning the West African nation into the world's newest oil producer.It marks the start of a new era for the
LNG
13-06-2024

ADNOC Awards $5.5 Bln of Contracts for Ruwais LNG Plant
Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo Purchase Licensing RightsState-owned Abu Dhabi National Oil Company (ADNOC) has awarded contracts wort
Oil Pipeline
13-06-2024

Trans Mountain Pipeline Running 80% Full, to Load 22 Oil Tankers in Vancouver
Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, as seen from Cates Park in North Vancouver, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo Purchase
Oil & Gas Trade
12-06-2024

Wood to Deliver Engineering Contract With Totalenergies in Iraq
Wood will provide front-end engineering design (FEED), detailed design, procurement support, and construction and commissioning assistance for the first phase of the Associated Gas Upstream Project, part of the Gas Growth Integrated Project (GGIP) in Sout
LNG
12-06-2024

Nigeria's NNPC signs floating LNG deal with Golar LNG
Nigeria's state firm NNPC has signed an agreement with Golar LNG (GLNG.O), opens new tab to deploy a floating liquefied natural gas (LNG) vessel off the coast of its oil-rich Niger Delta, NNPC said on Tuesday.Nigeria, Africa's top oil prod
Oil&Gas Drilling
11-06-2024

Woodside Starts Production in Senegal's First Offshore Oil Development
The first phase of development involves production of up to 100,000 bpd.Woodside Energy Group Ltd. said Tuesday it has achieved maiden production in the Sangomar field, making it the first offshore petroleum development to go onstream in Senegal.Located 1
Oil & Gas Trade
11-06-2024

Algeria's Sonatrach, China's Sinopec Sign MoU to Expand Cooperation - Statement
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 25, 2019. Picture taken November 25, 2019. REUTERS/Ramzi Boudina/File Photo Purchase Licensing RightsAlgeria's state oil and gas firm Sonat
Oil & Gas Trade
11-06-2024

Malaysia Begins Diesel Subsidy Reforms, Prices to Rise by About 50% on Monday
A view of Kuala Lumpur's skyline in Malaysia May 30, 2023. REUTERS/Hasnoor Hussain/File Photo Purchase Licensing RightsDiesel fuel prices in much of Malaysia are set to rise by roughly 50% on Monday as the government begins shifting away from cost
Oil&Gas Drilling
07-06-2024

Jadestone Nears First Gas at Indonesian Gas Development
Jadestone chief executive Paul Blakeley.Photo: JADESTONE ENERGYAsia Pacific-focused independent Jadestone Energy is on the home straight for its Akatara gas development project onshore Indonesia.The Akatara gas processing facility is nearing mechanical co
Oil & Gas Trade
07-06-2024

Sinopec Unit Agrees $1.1 Bln Deal to Build Gas Pipelines for Saudi Aramco
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsA Sinopec service unit
Oil & Gas Trade
07-06-2024

Azerbaijan in Talks to Increase Kazakh Oil Transit to 5-7 Mln T
Azerbaijan and Kazakhstan are discussing increasing the transit of Kazakh oil through Azerbaijan to 5-7 million tonnes, an official at Azerbaijan's state-owned oil company SOCAR said on Thursday.Kazakhstan is trying to reduce reliance on Russia wi
Oil & Gas Trade
07-06-2024

Norway Eyes Faster Ramp-up of Gas Export to Britain on Friday
Flames blaze from a chimney at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo Purchase Licensing RightsThe resumption on Friday of Norwegian gas exports to
Oil&Gas Drilling
07-06-2024

China's CNOOC Reports Major Gas Breakthrough in South China Sea
The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 1, 2022. REUTERS/Florence Lo/File Photo Purchase Licensing RightsCNOOC Ltd (088
Gas Power Stations
06-06-2024

Mitsubishi Shipbuilding Receives Additional Order for 2 Units of LNG Fuel Gas Supply System (FGSS)
- Follows previous orders for 18 FGSS for car carriers and bulk carriers built by Imabari Shipbuilding Group- FGSS units to contribute to decarbonization of the marine environment, 2 car carriers equipped with high-pressure systems already entered into se
Oil&Gas Drilling
06-06-2024

KNOC to Drill Deepwater Wildcat Offshore South Korea in Area Touted to Have Multi-Billion Boe Potential
South Korean President Yoon Suk Yeol.Photo: AP/SCANPIXThe South Korean government has tasked state-run Korea National Oil Corporation (KNOC) with drilling a rare domestic offshore exploration well after studies highlighted the potential for as much as 14
LNG
06-06-2024

Samsung Is Preparing to Start Work on a Second LNG Platform for Mozambique
Samsung Heavy Industries (SHI) is eager to begin construction on a second floating platform for the production of liquified natural gas (LNG) in the Rovuma Basin, off the northern coast of Mozambique, according to reports.The floating platform will have a
Oil & Gas Trade
06-06-2024

Hungary to Buy 5% Stake in Azerbaijan's Shah Deniz Gas Field
Hungarian state-owned energy conglomerate MVM will buy a 5% stake in Azerbaijan's Shah Deniz gas field, it said in a statement on Wednesday.Hungary, a landlocked country, has been importing natural gas mainly from Russia even after its invasion of
Gas Power Stations
06-06-2024

Entergy Texas Proposes Natural Gas Power Plants as Electricity Need Surges
Entergy Texas plans to build two new natural gas power plants, as it confronts burgeoning electricity demand in the southern state, the company said.If approved by the state's utility regulator, the plants would come online by 2028, Entergy (ETI_p
LNG
06-06-2024

Russia's Sibur to Increase Ust-Luga LPG Exports by 25% in June
The logo of Russian petrochemical company Sibur is seen on a board at the St. Petersburg International Economic Forum 2017 in St. Petersburg, Russia, June 1, 2017. REUTERS/Sergei Karpukhin/File Photo Purchase Licensing RightsSibur Holding, Russia'

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