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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
13-04-2024

IEA Lowers Global Oil Demand Forecasts on Weak OECD Consumption
The IEA's forecast on Friday stands in stark contrast to Opec's outlook released on Thursday. ReutersThe International Energy Agency has revised down its prediction for oil demand growth this year, due to lower-than-expected consumption an
Oil&Gas Drilling
13-04-2024

Exxon Moves Forward With Sixth Oil Project in Guyana
Exxon Mobil?s new headquarters are seen under construction in Georgetown, Guyana, February 18, 2024. REUTERS/Sabrina Valle/File Photo Purchase Licensing RightsAn Exxon Mobil-led oil consortium (XOM.N), opens new tab on Friday gave the financial green ligh
Oil and Gas Equipment
12-04-2024

JSI Alliance completes Basrah Refinery heavy lift shipments for JGC
On 11 March, MV Svenja discharged her cargo of 9 modules. The discharge marked the completion of the JSI Alliance’s scope of work in the Basrah Refinery Upgrading Project for JGC Corporation. The Alliance’s undertaking of this large-sc
Oil & Gas Trade
12-04-2024

Exclusive: UAE's Adnoc Recently Eyed BP as Takeover Target, Sources Say
The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File photo Purchase Licensing Rights33.2%.The United Arab Emirates' state-owned oil company recently considered buying Britain&#
Oil & Gas Trade
12-04-2024

Oil Exports From Russia's Baltic Ports Set to Rise 5% in April
Russian oil loadings including Kazakhstan's transit via Primorsk and Ust-Luga ports are set to rise to 7.1 million metric tons (1.73 million barrels per day) in April from 7.0 metric tons in March, according to two sources, citing preliminary expo
Oil & Gas Trade
12-04-2024

Cenovus Energy to Invest $1.5 Billion in Ohio Refineries Over Next 5 Years
Cenovus Energy (CVE.TO), opens new tab on Thursday said it plans to invest $1.5 billion in its Ohio refineries over the coming five years, including Lima and Oregon.The investment in Ohio refineries include maintenance, reliability measures and market acc
LNG
11-04-2024

Germany's Mukran LNG Terminal Receives Operating Permit
A general view shows pipe systems on a special ship, "Neptune", the floating liquefied natural gas terminal, during the inauguration of the Liquefied Natural Gas (LNG) terminal 'Deutsche Ostsee' in the port of Lubmin, Germany Jan
LNG
11-04-2024

Russian LNG Accounts for a Quarter of Spanish Gas Imports in March
A general view shows Enagas liquefied natural gas (LNG) terminal at Zona Franca in Barcelona, Spain, March 29, 2022. REUTERS/Albert Gea/File photo Purchase Licensing RightsLiquefied natural gas (LNG) from Russia comprised almost 26% of Spain's gas
Oil Pipeline
11-04-2024

Biden Administration Says Enbridge Pipeline Shutdown Order Should Be Reconsidered
Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File photo Purchase Licensing RightsThe Biden administration has urged a U.S. appeals court to tell a lower court to rethink its order that woul
Oil Field
10-04-2024

Brazil's Petrobras Discovers Oil Deposits in Ultra-Deep Waters of Potiguar Basin
Brazil's state-run oil company Petrobras said on Tuesday it has discovered oil deposits in the ultra-deep waters of the Potiguar basin, in the Equatorial Margin.This is the second well in Potiguar where the firm has found hydrocarbons. Both finds
United States
10-04-2024

Oil steady as U.S. crude stock build offsets Middle East uncertainty
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsOil prices held steady in early trade on Wednesday after two straight days of loss
LNG
09-04-2024

Totalenergies, Sonatrach Join Forces to Develop Gas Resources in Algeria
TotalEnergies and SONATRACH have signed an agreement to explore and develop gas resources in Algeria's northeast Timimoun region, Trend reports.According to TotalEnergies, this agreement falls under Law n°19-13, which governs hydrocarbon a
Oil and Gas Equipment
09-04-2024

Mitsubishi Power Receives Order From HK Electric for Natural-Gas-Fired GTCC Power Generation Equipment
-- Core Components of Lamma Power Station Unit 13 --- Latest order follows earlier orders for Units 10, 11 and 12- Unit 13 operations scheduled to commence in early 2029TOKYO, Apr 9, 2024 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mit
Oil & Gas Trade
09-04-2024

BP in Talks to Sell Some Trinidad Upstream Gas Assets to Perenco
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsBP (BP.L), opens ne
LNG
08-04-2024

Tanzania to Showcase $40B Liquefied Natural Gas (LNG) Project, Gas Prospects at Invest in African Energy (IAE) 2024
With estimated recoverable gas resources of around 57 trillion cubic feet (tcf), Tanzania will feature as part of an East African regional spotlight at Invest in African Energy (IAE) 2024, as the country seeks partners across various exploration, developm
LNG
08-04-2024

Totalenergies: Papua LNG Project Requires 'More Work' to Reach Final Investment Decision
Signage at a TotalEnergies gas station in Paris, France, February 6, 2024. REUTERS/Benoit Tessier/File Photo Purchase Licensing RightsFrench oil and gas giant TotalEnergies (TTEF.PA), opens new tab on Monday said a planned new liquefied natural gas (LNG)
Gas Power Stations
08-04-2024

Mytilineos Signs Contract for CCGT Plant in Poland
Image by Robert Fotograf from PixabayMytilineos Energy & Metals in Consortium with Siemens Energy has undertaken the construction of a 560MW combined cycle gas turbine (CCGT) power unit at the Adamów Power Plant in Turek, Poland.The Adam&am
Oil & Gas Trade
07-04-2024

Pemex's Tupilco Profundo to Contribute 117 Mln Bbl to Mexico Output
Mexican state energy company Pemex plans to produce 116.9 million barrels of oil and 124.4 billion cubic feet of natural gas from the Tupilco Profundo field during its lifespan, the oil regulator said on Thursday.Tupilco Profundo is one of the biggest fin
Gas Pipeline
07-04-2024

Enbridge Wins Approval to Commence Service on Louisiana Venice Natgas Pipe Project
Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsCanadian energy company Enbridge's (ENB.TO), opens new tab Texas Eastern Transmission subsidiary rec
Oil & Gas Trade
07-04-2024

Proxy Advisor CGI Glass Lewis Recommends Woodside Energy Chairman's Ouster
Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo Purchase Licensing RightsProxy advisor CGI Glass Lewis has asked shareholders
Gas Power Stations
07-04-2024

Japan's Mitsui OSK Starts FSRU Operations for Indonesian Gas-Fired Power Plant
The logo of Mitsui O.S.K. Lines is seen at the company's headquarters in Tokyo, Japan September 11, 2020. REUTERS/Kim Kyung-Hoon/File Photo Purchase Licensing RightsJapan's Mitsui O.S.K. Lines Ltd (9104.T), opens new tab (MOL) has started
Oil Pipeline
07-04-2024

China Invites Uganda's Energy Minister for Talks on Pipeline Financing
China has invited Uganda's energy minister to Beijing to discuss the East African country's $5 billion crude oil pipeline, Uganda's presidency said on Friday.The development could signal a possible breakthrough in Uganda's
LNG
07-04-2024

BASF Agrees 15-Year Gas Supply Deal with China's ENN
Chinese gas importer and distributor ENN Energy's logo is seen at Gastech 2023 in Singapore September 7, 2023. REUTERS/Florence Tan/File Photo Purchase Licensing RightsGerman chemicals giant BASF (BASFn.DE), opens new tab said on Friday it had agr
LNG
07-04-2024

Baker Hughes to supply liquefaction technology for Cedar LNG project
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/FILE PHOTO Purchase LicensingRightsOilfield services firm Baker Hughes (BKR.O), o
LNG
07-04-2024

Shell, Aramco in Final Stage of Pavilion Energy Talks- Sources
Shell (SHEL.L), opens new tab and Saudi Aramco (2222.SE), opens new tab, which are competing to buy the assets of Temasek-owned liquefied natural gas (LNG) trading firm Pavilion Energy, are now locked in price negotiations after completing the due diligen

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