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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
25-04-2024

Hess Sets April 12 Record Date for Shareholder Vote on Chevron Merger
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
Natural Gas
24-04-2024

Totalenergies and Vanguard Renewables, a Portfolio Company of Blackrock's Diversified Infrastructure Business, Join Forces to Develop Renewable Natural Gas in the United States
TotalEnergies, a global integrated energy company, and Vanguard Renewables, a U.S. leader in farm-based organics-to-renewable natural gas production and a portfolio company of a fund managed by BlackRock’s Diversified Infrastructure business, ha
Oil & Gas Trade
24-04-2024

Nigeria Eyes Fresh $10BN Investment in 0IL & Gas Sector
The Federal Government is aiming to attract about $10bn worth of investment through the signing of the consolidated guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector.The guidelines, a cornerstone of the Presidential Direc
LNG
24-04-2024

Equinor's Hammerfest LNG Plant Shuts Until Friday After Gas Leak
The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo Purchase Licensing RightsEquinor's (E
Natural Gas
24-04-2024

Gazprom Says More Work Underway to Link Russia's Eastern, Western Gas Grids
A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo and Russian flag in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsKremlin-controlled energy giant Gazprom (GAZP.
LNG
24-04-2024

First Tanker in 12 Days Sets Sail From Freeport LNG in Texas
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 RightsThe first tanker in 12 d
Oil & Gas Supply
23-04-2024

Ukrnafta Increases Reserves by 3 Mln Tonnes of Oil, 600 mcm of Gas
PJSC Ukrnafta has increased its reserves and resources by more than 3 million tonnes of oil and 600 million cubic meters of gas thanks to the expansion of the boundaries of existing special permits in Western Ukraine, company director Serhiy Koretsky said
Oil & Gas Supply
23-04-2024

Pakistan Refiners Warn $6 Bln Upgrades at Risk Due to Fuel Price Deregulation Plan
Pakistan's plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6 billion and force some refineries to close, some of the country's top refiners said in a letter to the country's oil regulator.L
Oil Field
23-04-2024

Namibia Racks up Another Major Offshore Oil Discovery
Galp saw its share price pop 20% on Monday.Galp says it conducted testing operations at the Mopane-1X well in January and the Mopane-2X well in March, with, "significant light oil columns discovered in high-quality reservoir sands.".The company
LNG
23-04-2024

Egypt to Ramp up LNG Imports as Output Drops and Summer Nears
Egypt is expected to ramp up liquefied natural gas (LNG) imports as its own natural gas production falls and power demand climbs over the summer period, according to industry sources and data.Returning to imports would reverse the most populous Arab count
Oil & Gas Trade
23-04-2024

Saudi Aramco in Talks to Buy 10% of China's Hengli Petrochemical
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/ File photo Purchase Licensing RightsSaudi oil giant Aramco said on Monday it is in talks to acquire a 10% stake in China's Hengl
Oil&Gas Drilling
23-04-2024

Russia's Gazprom Shut Dozens of Gas Wells in Orenburg Region Before Floods
A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo and Russian flag in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsA local unit of Russian energy giant Gazprom (
Oil Pipeline
23-04-2024

Canada's TC Energy Says NGTL Pipeline System Resumes Normal Operations After Fire
TC Energy's (TRP.TO), opens new tab NGTL gas pipeline system in the western Canadian province of Alberta has resumed normal operations after a rupture last week prompted the company to reduce pressure on a segment of the line, TC said in a stateme
Oil Pipeline
22-04-2024

€35 Million Balticconnector Gas Pipeline Repair Work Finished
Balticconnector repair work. Source: EleringThe repair work on the Finland-Estonia gas pipeline Balticconnector, which cost approximately €35 million, is now complete. However, there is no guarantee that a vessel could not damage the pipeline aga
LNG
22-04-2024

Türkiye to Receive Liquefied Natural Gas From Oman Regularly Starting in 2025
Türkiye is expected to buy Oman's liquefied natural gas (LNG), Trend reports via Oman Liquefied Natural Gas LLC (Oman LNG).Late last week, Turkish BOTAS Petroleum Pipeline Corporation signed a 10-year agreement with Oman LNG under which t
Oil Field
22-04-2024

Mari Petroleum Strikes Huge Oil and Gas Reserves in Sindh
In a landmark development for Pakistan's energy sector, Mari Petroleum has announced the discovery of substantial oil and gas reserves in Sindh, marking the first oil find in 47 years.The discovery, made at the Shawal-I well, heralds a significant
LNG
22-04-2024

South Korea Set to Deliver 500th LNG Ship to Overseas Market
Samsung Heavy Industries Co. Ltd. (SHI) is set to deliver a liquefied natural gas (LNG) vessel ordered by financial and asset management giant J.P. Morgan Chase & Co., South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has reported
Oil Field
22-04-2024

Aker BP's North Sea Field Comes on Stream
Norwegian oil and gas player Aker BP has started production from a field in the North Sea, which has been tied back to an existing platform off the coast of Norway.Ivar Aasen platform; Source: Aker BPThe Hanz subsea field development, discovered in 1997,
LNG
22-04-2024

Technip Energies Awarded a Substantial Contract for Totalenergies and Oq's Marsa LNG Project in Oman
Technip Energies (PARIS: TE), has been awarded a substantial(1) contract by TotalEnergies and OQ for the Marsa LNG bunkering project located in Sohar, Oman.The contract covers Engineering, Procurement and Construction (EPC) of a natural gas liquefaction t
Norway
22-04-2024

Norway Oil and Gas Output up in March
Norway produced 2.1 million barrels of petroleum, natural gas liquids and condensate per day last month.Norway produced 2.1 million barrels of petroleum, natural gas liquids (NGLs) and condensate per day last month, up from the prior month and the corresp
LNG
22-04-2024

NNPCL Launches LPG Micro Filling Plant in Nasarawa
The Nigerian National Petroleum Company Limited (NNPCL) has launched the company’s maiden LPG Micro Filling Plant in Nasarawa State to make cooking gas available and affordable in rural areas.External Relations of the NNPCL, Aisha Birma, who led
Crude Oil
22-04-2024

China's Crude Oil Output Increases in January-March
China's crude oil output posted steady growth in the first three months of this year, official data showed.The output totaled 53.48 million tonnes in the January-March period, rising 2.3 percent year on year, according to the National Bureau of Statis
Oil & Gas Trade
22-04-2024

China's March Fuel Oil Exports Fall 32% Y/Y
A worker refuels a Dalian Airlines aircraft with aviation fuel at an airport in Hohhot, Inner Mongolia, China August 3, 2015. REUTERS/Stringer/File photo Purchase Licensing RightsChina's exports of marine fuel oil fell 32% in March from a year ear
Oil & Gas Trade
22-04-2024

Portugal's Galp Says Field off Namibia Could Contain 10 Billion Barrels of Oil
Galp Energia logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsPortuguese oil company Galp Energia (GALP.LS), opens new tab said on Sunday it had concluded the first phase o
Oil&Gas Drilling
20-04-2024

NNPC Ltd, First E&P Begin Production at OML 85, Target 20,000BPD
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as Madu Field.Producti

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