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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil&Gas Drilling
22-03-2024
Five Killed in Fire at Perenco Oil Platform Offshore Gabon
Five people were killed and one is missing after a fire on Wednesday at a Perenco oil platform off the coast of Gabon, the Anglo-French oil company said in a statement on Thursday."Following the incident which took place yesterday at the Perenco Simb
Oil&Gas Drilling
22-03-2024
Pemex Deer Park, Texas, Refinery Reports Spill Into Houston Ship Channel
Pemex's Deer Park, Texas, facility reported an oil spill into the Houston ship channel on Thursday, the refiner said in a community alert, adding it had isolated the site and deployed booms to contain the leak."The oil had reportedly overflow
Oil & Gas Trade
22-03-2024
Brazil Exploring Ways to Import Gas From Argentina’s Vaca Muerta Play, Energy Minister Says
Brazil is exploring ways to import natural gas from Argentina's massive Vaca Muerta formation, including the possible reversal of a pipeline now used for transporting Bolivian gas, as it looks to ease its gas deficit, Mines and Energy Minister Ale
LNG
22-03-2024
Sixteen Republican-Led US States Sue Federal Government Over Ban on LNG Permits
Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsSixteen Republican-led states on Thursday filed a lawsuit to challenge the federal governmen
Oil & Gas Trade
22-03-2024
Exxon Ahead of Schedule on Doubling LNG Portfolio, Exec Says
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing RightsExxon Mobil (XOM.N), opens new tab is ahead of schedule with its plan to double the size of its liquefied natural gas
LNG
21-03-2024
Freeport LNG Says Trains 1, 2 at Texas Facility Seen Shut Until May
Freeport LNG on Wednesday said its Train 2 liquefaction unit at the Texas plant has been shut down, while Train 1 will be taken down imminently as it expects inspections and any subsequent repairs at both the units to be completed by May."It was duri
Natural Gas
21-03-2024
Saudi Aramco Gas Output to Rise 60% by 2030 - Exec
Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. REUTERS/ Ali Jarekji/File Photo Purchase Licensing RightsSaudi state energy giant Saudi Aramco will increase gas output by 60% by 2030, Aramco's E
Crude Oil
21-03-2024
US Crude and Gasoline Stockpiles Fall as Refining Ramps Up - EIA
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo Purchase Licensing RightsU.S. crude oil stoc
Oil&Gas Drilling
21-03-2024
Totalenergies Aims to Cut Methane Emissions From Oil Operations to Near Zero
FILE PHOTO: 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/File
Oil&Gas Drilling
21-03-2024
Petrobras May Soon Move Drill Rig Out of Equatorial Margin
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Purchase Licensing RightsBrazil's state-run oil firm Petrobras (PETR4.SA), opens
Oil&Gas Drilling
21-03-2024
Suriname Presses Exxon, Totalenergies to Combine Gas Developments
Managing Director of Staatsolie Annand Jagesar poses for a portrait during CERAWeek by S&P Global in Houston, Texas, U.S. March 19, 2024. REUTERS/Callaghan O'Hare/File Photo Purchase Licensing RightsSuriname's state-owned oil company S
Oil&Gas Drilling
21-03-2024
Angola to Maintain Oil Output at 1.1. Million Bpd Through at Least 2027
Angola is producing about 1.1. million barrels per day of crude, similar to its level before it exited the Organization of the Petroleum Exporting Countries, and expects to maintain those volumes at least until 2027.Output at Africa's second-large
Oil & Gas Supply
20-03-2024
Shell to Close 1,000 Gas Stations to Focus on EV Charging Deployment
Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) charging stations.In its latest Energy Transition Strategy report, England-based Shell says it pl
Oil&Gas Drilling
20-03-2024
Kazakhstan’s Oil Reserves Reach 4.4 Billion Tons
Kazakhstan’s current oil reserves amounted to 4.4 billion tons as of the beginning of the year, said the Energy Ministry in an official response to Tengrinews on March 19.Photo credit: CNBCNearly 80% of all recoverable oil reserves come from 10
Oil & Gas Supply
20-03-2024
Exxon Mobil Eyes 2 Million Bpd of Output in the Permian by 2027
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing RightsExxon Mobil (XOM.N), opens new tab will bring its Permian basin output up to 2 million barrels per day by 2027, while
Oil & Gas Trade
20-03-2024
Enbridge Eyes 120,000 Bpd Expansion to Gray Oak, Texas Oil Pipeline by 2025
The logo of Calgary-based Enbridge, one of North America's largest energy infrastructure companies, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase
Natural Gas
19-03-2024
Mitsubishi, 7 Others to Form Coalition to Promote Electric Natural Gas
The logo of Mitsubishi Corp is pictured at its head office in Tokyo, Japan August 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo Purchase Licensing RightsMitsubishi Corp (8058.T), opens new tab said on Tuesday it will form an international coalition with seve
Oil&Gas Drilling
19-03-2024
Israel’s Ratio Petroleum to Start Seismic Survey of Philippine Gas Field
Israel's Ratio Petroleum Energy (RTPTp.TA), opens new tab will begin this month an extensive seismic survey off the Philippines' western coast to look into the area's oil and gas potential, the energy ministry said on Monday.Ratio
Oil Field
19-03-2024
China’s CNOOC Discovers 100 Million Ton Oilfield in Bohai 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 RightsChina'
Oil & Gas Trade
19-03-2024
BP’s Whiting, Indiana Refinery Back to Normal Operations After Feb Outage
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's (BP.L)
Oil & Gas Supply
19-03-2024
Exxon Mobil Reports Unit Shut After Furnace Fire at Baytown, Texas Refinery
Exxon Mobil (XOM.N), opens new tab reported hydroformer unit 3 was shut after a furnace fire at its 564,440 barrel-per-day (bpd) Baytown, Texas refinery on Sunday, as per a regulatory filing.The company expects to meet its contractual commitments, as per
LNG
19-03-2024
ADNOC Signs 15-Year Supply Deal with Unit of Germany’s Sefe
File photo: A person walks past a Abu Dhabi National Oil Company (ADNOC) poster during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates, October 31, 2022. REUTERS/Amr Alfiky/File photo Purchase Li
Oil&Gas Drilling
18-03-2024
One of World’s Largest Semi-sub Rigs Comes Back to UK Port Ahead of Resuming Drilling Gig With BP
A giant semi-submersible rig, which is considered to be one of the largest ones ever built, has gone back to the UK’s Kishorn Port (KPL), a 50/50 joint venture between Ferguson Transport (Spean Bridge) and Leiths (Scotland), to prepare for its r
Oil & Gas Trade
18-03-2024
Iran Inks Big Contracts to Increase Oil Production
Iran on Sunday sealed contracts worth billions of dollars with domestic companies to boost its oil production in the face of Western sanctions.In a ceremony broadcast on state TV, the oil ministry and Iranian businesses signed deals worth $13 billion to i
Oil & Gas Trade
18-03-2024
Kuwait Oil Company Q8 to Buy 50% of Italian Biodiesel Producer Ecofox
The Italian branch of Kuwait Petroleum International (KPI), Q8,said on Saturday that it would buy a 50% stake in Italian biodiesel producer, EcoFox, as part of efforts to reduce its fossil-fuel emissions."This deal constitutes a pioneering step to de
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