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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 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
Oil & Gas Trade
26-04-2024

Seal of Approval for UK Oil & Gas Firm to Expand Its Stake in Angolan Offshore Blocks
UK-headquartered and AIM-listed company Afentra plc – through its wholly-owned subsidiary, Afentra (Angola) Ltd – has received the Angolan government’s blessing to boost its interest in two blocks off the coast of Angola.FSO
LNG
26-04-2024

Equinor to Expand LNG Trading, Eyes Deals in Europe, Asia, Senior Exec Says
A view of Equinor's LNG facility in Melkoeya, outside Hammerfest, Norway January 31, 2023. Ole Berg-Rusten/NTB via REUTERS./File Photo Purchase Licensing RightsNorwegian energy group Equinor plans to expand its liquefied natural gas (LNG) trading
LNG
26-04-2024

European Commission Expected to Propose New Sanctions on Russian LNG, Sources Say
A concrete gravity-based structure (GBS) of Arctic LNG 2 joint venture is seen under construction in a dry dock of the LNG Construction center near the settlement of Belokamenka, Murmansk region, Russia July 26, 2022. REUTERS/Stringer//File Photo Purchase
Oil Field
25-04-2024

Turkmenistan Invites Int'l Investors for Galkynysh Field Development Projects
Turkmenistan can offer international investors projects for the development of Turkmenistan's Galkynysh large gas field, Trend reports.This was stated by the Advisor to the President of Turkmenistan on oil and gas issues, Ashirguly Begliev, during
Oil Field
25-04-2024

Nigeria Puts Two Fields Into Production
Nigerian National Petroleum Co. Ltd. (NNPC) and its partners have started up the Madu field and returned the Awoba field online, adding a combined 32,000 barrels per day (bpd) to the West African country’s output capacity.Madu is expected to ave
Gas Turbine
25-04-2024

Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date
-- Plants in Rayong and Chonburi are Owned by Joint Venture Between Gulf Group and Mitsui & Co., Ltd., with Final Output of 5,300MW from Eight Systems --- Unit three of four of the Rayong power plant has been successfully delivered, with the eighth an
LNG
25-04-2024

Canada's LNG Energy Signs Venezuela Oil Contract
Under the agreement, LNG will have a contractual entitlement to between 50-56 per cent of the hydrocarbons production, the statement said. — Reuters picCanada-based LNG Energy Group announced on Wednesday it had signed an agreement with Venezuela&rsqu
LNG
25-04-2024

Japan Gas Association Expects Lng Prices to Rise, Tracking Oil, if Strait of Hormuz Blocked
Japan Gas Association members anticipate limited impact on their liquefied natural gas (LNG) procurement in the event of a blockade in the Strait of Hormuz, but expects gas prices would rise due to higher oil prices, its chairman said on Wednesday.Iran ha
Oil&Gas Drilling
25-04-2024

New Technology Helps US Shale Oil Industry Start to Rebuild Well Productivity
Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/ File photo Purchase Licensing RightsWhile overall output is at record levels, the amount of oil recovered per foot drilled in th
Coal Trade
25-04-2024

Pressure on Gas and LNG Prices to Help Switch From Coal, Says J.P. Morgan
An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo Purchase Licensing RightsGlobal natural gas prices will come under pressure through the e
LNG
25-04-2024

Exclusive: Russia Does Not Rule out LNG Exports Stagnating in Next 4 Years
The Nikolay Yevgenov, a ship carrying Russian liquefied natural gas (LNG), is seen next to the terminal of Spanish gas grid operator Enagas ENAG.MC at the port of Barcelona, Spain, June 4, 2022. REUTERS/Nacho Doce/File Photo Purchase Licensing RightsRussi

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