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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 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'
Oil & Gas Trade
05-06-2024

Kazakhstan Launches Major Oil Projects in Caspian Sea
Kazakhstan’s national oil and gas company KazMunayGas and Russia’s Lukoil have commenced the implementation of Kalamkas-Sea and Khazar projects, reported the Kazakh Ministry of Energy.Photo credit: Kazakh Ministry of Energy. Click to s
Oil & Gas Trade
05-06-2024

Air Liquide Plans $250 Million Plant to Supply Gas for Chipmaker Micron
FILE PHOTO: The logo of Air Liquide is seen at the company's headquarters in Paris, France, April 24, 2020. REUTERS/Charles Platiau/ file photoAir Liquide will invest $250 million on a new industrial gas plant in Idaho to supply U.S. chipmaker Mic
Oil Pipeline
05-06-2024

TC Energy Shareholders Vote to Spin off North American Oil Pipeline Business
The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Purchase Licensing RightsTC Energy (TRP.TO), opens new tab shareholders voted in fa
LNG
05-06-2024

Saudi Aramco Holding LNG Talks With US Firms Tellurian, Nextdecade, Sources Say
A helmet with logo of Saudi Aramco is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov Purchase Licensing RightsOil giant Aramco (2222.SE), opens new tab is in talks with U.S. firms Tellurian (TELL.A), opens ne
Oil & Gas Trade
05-06-2024

US Could Boost Rate of Replenishing Oil Reserve, Energy Secretary Granholm Says
U.S. Secretary of Energy Jennifer Granholm listens to questions from the audience during the PR100 event in Orocovis, Puerto Rico, March 28, 2023. REUTERS/Gabriella N. Baez/File Photo Purchase Licensing RightsThe U.S. could hasten the rate of replenishing
LNG
04-06-2024

ADNOC L&S Eyes New LNG Carrier Additions and Buys Shipping Player With 32-Tanker Fleet
ADNOC’s shipping and maritime logistics arm, ADNOC Logistics and Services (ADNOC L&S), has signed a letter of intent (LoI) for the construction of multiple liquified natural gas (LNG) carriers with South Korea’s shipbuilder. The fi
Oil&Gas Drilling
04-06-2024

Green Light for BP and Trinidad and Tobago's Firm for Cross-Border Offshore Gas Field
BP Trinidad and Tobago, a subsidiary of the UK-headquartered energy giant BP, and Trinidad and Tobago’s National Gas Company (NGC) have secured a two-year license from the United States government’s Office of Foreign Assets Control (OF
Oil & Gas Trade
04-06-2024

Azerbaijan, Turkiye Extend Gas Supply Agreement From Shah Deniz Field
Baku and Ankara have signed an agreement to extend the supply of Azerbaijani gas under Stage-1 of the Shah Deniz field development, Azernews reports.The document, signed for the period of 2025-2028, ensures the continuation of a fruitful energy partnershi
LNG
04-06-2024

Full Production Restored at Chevron's Flagship LNG Project
Chevron's Gorgon gas facility in Australia.Photo: CHEVRONUS supermajor Chevron has restored full liquefied natural gas (LNG) production at its Gorgon project on Australia’s Barrow Island, after a mechanical fault caused Train 2 to go off
Oil&Gas Drilling
04-06-2024

Asian Yard Wins Significant EPCIC Contract for Murphy Oil's First Field Development Offshore Vietnam
Vietnam’s PTSC Mechanical & Construction (PTSC M&C), a subsidiary of PetroVietnam Technical Services Corporation (PTSC), has won the engineering, procurement, construction, installation and commissioning (EPCIC) contract for Murphy Oil&a
LNG
04-06-2024

US LNG Exports Rise in May as Freeport LNG Returns to Production
Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo Purchase Licensing RightsU.S. exports of liquefie

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