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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
24-02-2024

Japan's Bloated Gas Stocks Add to Worldwide Surplus
Liquefied natural gas (LNG) storage tanks and a membrane-type tanker are seen at Tokyo Electric Power Co.'s Futtsu Thermal Power Station in Futtsu, east of Tokyo February 20, 2013. REUTERS/Issei Kato Purchase Licensing RightsJapan’s gas
Oil & Gas Trade
24-02-2024

Exxonmobil Weighs Offers for Argentina Shale Assets - Source
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing RightsU.S. energy giant ExxonMobil Corp (XOM.N), opens new tab is weighing of
LNG
23-02-2024

Shell's LNG Trading Makes $2.4 Bln in Final 2023 Quarter, Sources Say
Staff members work at the booth of Royal Dutch Shell at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/ File Photo Purchase Licensing RightsNearly a third of Shell's (SHEL.L), ope
LNG
23-02-2024

Flex LNG secures two-year charter extension with BP
The New York and Olso-listed Flex LNG has won an extension for its 2019-built 173,400 cu m LNG carrier Flex Courageous.This is the first extension option for the vessel which, the company said, was contracted to an unnamed supermajor. According to data pr
LNG
23-02-2024

United States Primed to Spearhead Africa's Liquefied Natural Gas (LNG), Floating Liquefied Natural Gas (FlNG) Expansion
As Africa looks to develop its gas for domestic and export markets, the U.S. is honing in on LNG as a critical investment avenue, alongside traditional oil exploration. In October 2023, energy research and consultancy group Wood Mackenzie stated that Afri
LNG
23-02-2024

BOTAS and EGAS to Enhance Energy Relations, LNG in Spotlight
Turkish natural gas company BOTAŞ and Egyptian natural gas company EGAS have agreed to strengthen their energy relations, putting an emphasis on natural gas and LNG trading opportunities, cooperation on natural gas infrastructure and underground storage,
Oil & Gas Trade
23-02-2024

Cheniere Energy Forecasts Downbeat 2024 Profit as Natgas Prices Plunge
A tree decorates the lounge of Houston-based liquefied natural gas company Cheniere during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsU.S. liquefied natur
LNG
23-02-2024

US Regulators to Decide in April on Venture Global LNG Permit Extension
U.S. energy regulators on Friday said they would decide quickly on liquefied natural gas developer Venture Global LNG's request for a one-year extension to its construction permit for its Calcasieu Pass LNG plant in Louisiana.The LNG developer las
Oil & Gas Trade
23-02-2024

US Approves E15 Gasoline Sales Expansion in Midwest Starting 2025
A sign advertising E15, a gasoline that contains 15% ethanol, is seen at a gas station in Clive, Iowa, United States, May 17, 2015. REUTERS/Jim Young/File Photo Purchase Licensing RightsThe U.S. government said on Thursday it approved a request from Midwe
LNG
23-02-2024

Australia's Woodside Energy to Sell Stake in Scarborough to JERA for $1.4 Bln
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsW
Oil & Gas Trade
22-02-2024

Nigeria Issues Call for Deepwater Gas, Infrastructure Investment
Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetize its gas resources and become a leading LNG exporter to global markets. Its most notable project—the $5-billion Nigeria LNG Train 7 expansion—is set to boos
LNG
22-02-2024

EverloNG Wraps up First Carbon Capture Demo Onboard LNG Carrier
A ship-based carbon capture (SBCC) prototype developed under the EverLoNG project has been removed from an LNG-powered LNG carrier chartered by TotalEnergies following the end of the first demonstration campaign.The carbon capture unit, built by Carbotrea
Oil & Gas Trade
22-02-2024

Canada Secures Surrender of All Offshore Pacific Coast Oil and Gas Permits
Canada's Minister of Energy and Natural Resources Jonathan Wilkinson speaks during Question Period in the House of Commons, on Parliament Hill in Ottawa, Ontario, Canada September 19, 2023. REUTERS/Blair Gable Purchase Licensing RightsCanada has s
United States
22-02-2024

Totalenergies Texas Refinery Running at Minimal Rates, Say Sources
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 Licensin
Oil&Gas Drilling
22-02-2024

Exxon Considering Guyana Offshore Gas Production After 2029
A man walks near Exxon Mobil Corp.'s headquarters in Georgetown, Guyana, June 29, 2023. REUTERS/Sabrina Valle Purchase Licensing RightsAn Exxon Mobil-led consortium is considering its first offshore natural gas production in Guyana, close to the c
Oil Field
21-02-2024

Energypathways Inks Deals to Advance Marram Field Development
EnergyPathways PLC (AIM:EPP) has signed up contractor MCS Subsea Solutions Limited and Mermaid Subsea Services (UK) which will provide their respective services as the AIM-quoted North Sea company advances its front end engineering design (FEED) for the M
Oil Price
21-02-2024

Russian Oil Producer Rosneft's Annual Profit Surges to $14 Billion
File photo: People walk past a logo of Russian state oil company Rosneft during a heavy snowfall in Moscow, Russia December 3, 2023. REUTERS/Maxim Shemetov/File photo Purchase Licensing RightsRussia's largest oil producer Rosneft (ROSN.MM), opens
Oil & Gas Trade
21-02-2024

Equitrans Delays WV-VA Mountain Valley Natgas Pipe Again, Boosts Cost
U.S. energy firm Equitrans Midstream (ETRN.N), opens new tab delayed the estimated completion of its Mountain Valley natural gas pipeline from West Virginia to Virginia to the second quarter from the first quarter due in part to adverse weather in January
Oil & Gas Supply
21-02-2024

Petrobras to Invest $1.5 Billion in Hisep Decarbonization Tech
Worker repair a tank of Brazil's state-run Petrobras oil company in Brasilia, Brazil September 30, 2015. REUTERS/Ueslei Marcelino Purchase Licensing RightsBrazilian state-run oil company Petrobras (PETR4.SA), opens new tab and partners will invest
Crude Oil
21-02-2024

Exclusive: Biden Administration to Approve E15 Gasoline Expansion Starting in 2025, Sources Say
A sign advertising E15, a gasoline that contains 15% ethanol, is seen at a gas station in Clive, Iowa, United States, May 17, 2015. REUTERS/Jim Young Purchase Licensing RightsThe White House will approve a request from a group of Midwest governors to allo
Oil & Gas Trade
21-02-2024

Guyana's $1.9 Billion Gas-To-Power Project Delayed to 2025
The Exxon Mobil Corp building is pictured in Georgetown, Guyana February 18, 2022. REUTERS/Sabrina Valle Purchase Licensing RightsGuyana will delay until 2025 its biggest effort to capitalize on its energy bounty, a $1.9 billion gas-to-power project that
Oil & Gas Trade
21-02-2024

Exclusive: Occidental Explores $20 Bln-Plus Sale of Western Midstream, Sources Say
The logo of Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid Purchase Licensing RightsOccidental Petroleum (OXY.N), opens new tab is exploring a sa
Oil & Gas Trade
21-02-2024

Australia's Santos Posts Plunge in Full-Year Profit on Weak Commodity Prices
The logo of Australian oil and gas exploration and production company Santos is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsAustralian oil
Oil & Gas Trade
20-02-2024

BP, ADNOC to Form Gas JV in Egypt
Abu Dhabi National Oil Co. (Adnoc) and BP P.L.C. have agreed to form a joint venture (JV) for natural gas production in Egypt, the two companies said.The agreement involves BP contributing its stakes in three development concessions and three exploration
LNG
20-02-2024

12,000 Cbm Brassavola Concludes First Ship-To-Ship LNG Bunkering Operation
Singapore’s newly built LNG bunker vessel Brassavola has completed its first ship-to-ship (STS) LNG bunkering operation.LNG bunker vessel Brassavola (Archive/Courtesy of Seatrium)Pavilion Energy, charterer of the LNG bunker vessel, announced the

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