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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

LNG
27-02-2024

Venture Global LNG Says It Won't Provide Confidential Documents Unless Ordered
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 RightsVenture Global LNG on Monday told U.S. regulators it will not provide energy firms Repsol SA
Oil & Gas Trade
27-02-2024

Woodside Energy Annual Profit Drops 37% as Weak Prices Offset Higher Sales
Gastech 2023 participants gather at Australia's Woodside Energy's booth in Singapore September 7, 2023. REUTERS/Florence Tan/File Photo Purchase Licensing RightsAustralia's top oil and gas explorer Woodside Energy (WDS.AX), opens n
LNG
26-02-2024

Latest Round of US and UK Sanctions Takes Aim at Russia's Arctic LNG 2 Project
Photo of construction at Novatek’s Belokamenka assembly yard near Murmansk. (Source Novatek)The US and UK announced further sanctions against Russia´s Arctic LNG 2-project targeting ship construction in Russia and South Korea and Novat
Oil&Gas Drilling
26-02-2024

Saudi Arabia Announces Major Gas Discovery at Jufurah Field
Saudi Arabia announced a major gas discovery on Sunday at the state oil company Aramco's Jufurah field.Energy Minister Prince Abdulaziz bin Salman said an additional 15 trillion standard cubic feet of natural gas and 2 billion barrels of condensat
LNG
26-02-2024

State Targets 4.5m Low Income Households in LPG Growth Drive
The government aims to reach 4.5 million low income households with LPG cylinders across the country in the short-term, Energy and Petroleum CS Davis Chirchir has said.Speaking during a workshop on the National LPG Growth Strategy, at the Kenya School of
LNG
26-02-2024

Qatarenergy to Expand LNG Production From North Field Natural Gas Development
QatarEnergy has announced that it is proceeding with a new LNG expansion project, the North Field West project, to further raise the State of Qatar’s LNG production capacity to 142 million tons per annum (MTPA) before the end of this decade, rep
Oil & Gas Trade
26-02-2024

Aramco Announces Big Gas, Condensate Find in Saudi Arabia
Saudi oil giant Aramco has announced that there has been a major jump in the volume of proven reserves of gas and condensate in its Jafurah unconventional field which has soared to 15 trillion standard cu ft of gas and two billion barrels of condensate.Wi
Oil&Gas Drilling
26-02-2024

Metamorphic Rock Oilfield in Bohai Sea Sees Cumulative Proven Reserves Over 200 Mln Cubic Meters
China's largest offshore crude oil and natural gas producer announced Sunday that the cumulative proven oil and gas reserves of its Bozhong 26-6 oilfield has exceeded 200 million cubic meters, making it the largest metamorphic rock oilfield worldw
LNG
26-02-2024

First LNG Vessel Arrives at New German Mukran Terminal
The first vessel carrying liquefied natural gas (LNG) for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.Private company Deutsche ReGas said that E
Oil&Gas Drilling
26-02-2024

At Saudi Aramco's Jafurah Field, Another 15 Trln Standard Cubic Feet of Gas Reserves Proven
The Saudi Aramco logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/ File Photo Purchase Licensing Rights, opens new tabCompaniesAn additional 15 trillion standard cubic feet of gas have been proven at Sau
Oil & Gas Trade
26-02-2024

Qatar Plans New Gas Output Boost Amid Global Price Collapse
Model of LNG tanker is seen in front of Qatar's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/File Photo Purchase Licensing RightsQatar will further raise gas production despite a steep drop in global gas prices, pushing ahead w
Oil & Gas Trade
26-02-2024

Bosnia's Serb Republic Plans to Increase Gas Imports From Russia, Report Says
President of Republika Srpska (Serb Republic) Milorad Dodik speaks during an interview with Reuters in his office in Banja Luka, Bosnia and Herzegovina January 8, 2024. REUTERS/Marko Djurica/File Photo Purchase Licensing RightsBosnia's Serb Republ
LNG
24-02-2024

Qatarenergy Reveals Name of First LNG Carrier in Its Massive Fleet Expansion Program
State-owned oil and gas giant QatarEnergy has revealed the name of the first LNG carrier to be delivered as part of its historic LNG fleet expansion program.Illustration only; Archive. Courtesy of QatarEnergyOn February 23, the company said it had named t
Gas Pipeline
24-02-2024

CCoE Approves Initial Phase of Iran-Pakistan Gas Pipeline Project
In a landmark development, the Cabinet Committee on Energy (CCoE) on Friday approved the initiation of work on the 80-km segment (Iranian border to Gwadar) of the Iran-Pakistan Gas Pipeline project, and deferred the filing of application
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

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