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Oil & Gas

Oil Prices Post 3% Annual Decline

Oil Prices Post 3% Annual Decline

Oil & Gas Trade
06-05-2024

Occidental Explores Sale of Permian Assets Worth Over $1 Billion, Sources Say
The unstaffed lobby of the North Dakota regional headquarters of oil producer Occidental Petroleum Corp is seen in Dickinson, North Dakota in this October 14, 2015 photo. REUTERS/Ernest Scheyder/File Photo Purchase Licensing RightOccidental Petroleum (OXY
Oil & Gas Trade
06-05-2024

Exxon to Take 18-24 Months to Hit Full Stride With Pioneer Purchase
ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsExxon Mobil (XOM.N), opens new tab will take 18 to 24 months to achieve its full produ
Solar Power Plant
30-04-2024

Renewable Connections Solar and Battery Project Gets the Go-Ahead From North East Lincolnshire Council
The approval marks the 20th project consent granted to Renewable Connections since 2021. Image: Renewable Connections.North East Lincolnshire Council has given consent for a solar farm and battery project in the north-west of Waltham, North East Lincolnsh
Oil & Gas Supply
30-04-2024

India's Chennai Petroleum Sees Two Year Delay in Building New 180,000 Bpd Refinery
India's Chennai Petroleum Corp Ltd (CHPC.NS), opens new tab will build a 180,000 barrels per day (bpd) refinery at Nagapattinam in Southern Tamil Nadu State by the end of 2027, two years later than initially planned, its head of finance Rohit Kuma
Oil & Gas Trade
30-04-2024

Diamondback Energy and Endeavor Receive Second FTC Request Over $26 Bln Deal
Oil and gas firm Diamondback Energy (FANG.O), opens new tab said on Monday it had received a second request from the U.S. Federal Trade Commission (FTC) in connection with the $26 billion deal to buy privately-held Endeavor.The U.S. antitrust regulator ha
Oil & Gas Trade
30-04-2024

Brazil's Petrobras First Quarter Oil Production Rises by 4.4%
A general view of the tanks of Brazil's state-run Petrobras oil company following the announcement of updated fuel prices at at the Brazilian oil company Petrobras in Brasilia, Brazil June 17, 2022. REUTERS/Ueslei Marcelino/File Photo Purchase Lic
Oil Field
29-04-2024

Perenco Plans to Revitalize Oil Fields Offshore Brazil Once It Takes Over Two Assets From Petrobras
Perenco Brazil, part of the Perenco Group, has unveiled a redevelopment plan for two oil assets in the Campos Basin off the coast of Brazil, which the firm will acquire from Petrobras, a Brazilian state-owned energy giant.Illustration; Source: PetrobrasPe
LNG
29-04-2024

Qatar Inks World's Largest Single Shipbuilding Order in China
Middle Eastern liquefied natural gas (LNG) producer QatarEnergy has signed a contract with China State Shipbuilding Corporation (CSSC) for the construction of 18 supersize LNG carriers.The newbuilds under the deal, which the Chinese shipbuilding conglomer
Oil & Gas Trade
29-04-2024

Bulgarian State-Owned Gas Company Makes Big Losses Due to Contract With Turkey
The contract between Bulgargaz and BOTASH provides for the reservation of 1.85 billion cubic metres (bcm) per year of capacity from Turkish LNG terminals to the Bulgarian border through the Trans-Balkan gas pipeline. [Shutterstock/Circlephoto]Bulgarian st
Oil&Gas Drilling
29-04-2024

BP Shuts Down Oil Production at Offshore Platform in Azerbaijan
UK-headquartered energy giant BP has temporarily stopped production from one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan to carry out planned maintenance works.Deepwater Gunashli platform; Source: BPThe production
Oil & Gas Trade
29-04-2024

Shell Earns $1 Billion a Year From US Crude Trading, Court Filing Shows
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsFinancial details of Shell's (SHEL.L), opens new tab vast oil and gas trading business are some of t
Oil Exploration
29-04-2024

Asia's First Cylindrical Fpso Facility Completed in E China
People perform dragon dance at a delivery ceremony of Haikui No. 1, Asia's first cylindrical floating, production, storage, and offloading (FPSO) facility, in Qingdao, east China's Shandong Province, April 26, 2024. Designed and built by C
Oil & Gas Trade
29-04-2024

TotalEnergies states commitment to increase investment in Malaysia’s upstream O&G sector - Anwar
TotalEnergies, a global energy supplier company based in France, has stated its commitment to increasing its investment in Malaysia’s upstream oil and gas (O&G) sector, said Prime Minister Datuk Seri Anwar Ibrahim.In a post on X today, he sa
LNG
29-04-2024

Turkey in Talks With Exxonmobil Over Multibillion-Dollar Lng Deal, Ft Reports
Logos of ExxonMobil are seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai/ File Photo Purchase Licensing RightsTurkey is in talks with US energy giant ExxonMobil (XOM.N),
Oil & Gas Trade
29-04-2024

Totalenergies Eyes Completion of First Phase of Solar, Gas Projects in 2025, Says Iraq
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 Licensi
Oil & Gas Trade
28-04-2024

COP29 Climate Summit Host Azerbaijan Defends Oil and Gas Investments
A nodding donkey pumps oil in an oil field in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory Dukor/File Photo Purchase Licensing Rights, opens new tabBERLIN, April 26 (Reuters)Azerbaijan,
Oil & Gas Trade
28-04-2024

Totalenergies Looking at Primary Listing in New York, Says CEO
Signage at a TotalEnergies gas station in Paris, France, February 6, 2024. REUTERS/Benoit Tessier/ File photo Purchase Licensing RightsFrench oil major TotalEnergies (TTEF.PA), opens new tab is "seriously" looking at a possible listing in New Yo
Oil & Gas Trade
28-04-2024

Earnings for Big Oil Backpedal as Natgas Prices Tumble
An aerial view of Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. REUTERS/Bing Guan/File Photo Purchase Licensing RightsU.S. and European oil companies repor
Oil & Gas Trade
28-04-2024

Hess Sets May 28 Shareholder Vote on Chevron Buyout
The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa/File Photo Purchase Licensing RightsHess Corp
Crude Oil
28-04-2024

Mexico's Pemex Reverses Proposed Crude Export Cuts for May, Sources Say
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 RightsMexican state oil company Pemex is reversing crude exports cuts of at
Oil & Gas Trade
28-04-2024

India Receives Oil Cargo in Russian SCF Tanker After Brief Halt, Sources Say
A model of oil barrels is seen in front of Russian and Indian flags in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsA ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot (S
United States
26-04-2024

Totalenergies Teams up With Vanguard Renewables for RNG Projects
TotalEnergies SE signed a joint venture agreement with Vanguard Renewables, a portfolio company of a fund managed by BlackRock’s Diversified Infrastructure business, targeting Farm Powered renewable natural gas (RNG) project development in the U
Oil&Gas Drilling
26-04-2024

'Major' Oil Player Books Jack-up Rig for Drilling Gig Offshore Qatar
ADES Holding Company, part of Saudi Arabia-headquartered oil and gas drilling services provider ADES Group, has secured a long-term assignment for one of its jack-up rigs off the coast of Qatar.Illustration; Source: ADESAccording to ADES, a letter of awar
Oil Field
26-04-2024

Tengizchevroil Starts WPMP Operations at Tengiz Oil Field in Kazakhstan
The WPMP is designed to maintain the existing processing plants’ full capacity, by lowering the flowing pressure at the wellheads and then boosting the pressure to the existing plants.Source: Tengizchevroil LLPMoscow, April 26 - Neftegaz.RU. Che
Oil & Gas Trade
26-04-2024

NNPC Signs Deal to Build Another 100,000BPD Refining Plant Within Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPC) yesterday signed a contract with African Refinery Port Harcourt Limited (ARPHL) to build a 100,000bpd refinery within the Port Harcourt Refinery and Petrochemical Complex in Rivers state.The national

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