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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
30-01-2024

Seatrium Delivers 12,000 Cbm Brassavola for Lng Bunker Services in Singapore
Brassavola, a 12,000 cubic meter LNG bunker vessel set to be deployed in the Port of Singapore, has been delivered to Indah Singa Maritime, a wholly-owned subsidiary of Mitsui O.S.K. Lines (MOL).Courtesy of SeatriumThe bunker vessel was built by Singapore
Oil & Gas Trade
30-01-2024

GAIL India Tops Q3 Profit View on Gas Transmission Growth
Gail India Ltd’s logo is seen at Gastech 2023 in Singapore September 7, 2023. REUTERS/Florence Tan/File Photo Acquire Licensing RightsGAIL (India) (GAIL.NS), opens new tab, the country's largest gas distributor, reported a better-than-ex
Oil & Gas Trade
30-01-2024

Russia Eases Harsh Weather Restrictions to Boost Oil Exports
Russian atomic ice-breaker "50 Years of Victory" (50 Let Pobedy) is pictured at a base of state company Rosatomflot in Murmansk, Russia August 22, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsRussian ports are operating during
LNG
30-01-2024

US Pause on LNG Exports Raises Pressure on Canada, BC to Do Same
Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsAn expected strong rise in liquefied natural gas (LNG) production capacity will ease prices and gas supply concerns, bu
LNG
29-01-2024

Excelerate Energy to Purchase Qatari LNG for Bangladesh
Qatar’s LNG heavyweight QatarEnergy and U.S.-based LNG importer Excelerate Energy have signed a long-term agreement for the supply of LNG from Qatar to Bangladesh.Courtesy of QatarEnergyThis sale and purchase agreement (SPA) will see Excelerate
LNG
29-01-2024

Biden Halts New Export Authorizations for LNG
President Biden ordered a pause on pending decisions on exports of Liquefied Natural Gas (LNG) to non-FTA (Free Trade Agreement) countries until the Department of Energy can update the underlying analyses for authorizations.The White House said that the c
Oil & Gas Trade
29-01-2024

Exclusive: Encap Eyes $5 Bln Sale of Shale Producer Grayson Mill -Sources
Private equity firm EnCap Investments is exploring a sale of Grayson Mill Energy that could value the Bakken shale-focused oil and gas producer at around $5 billion, inclusive of debt, people familiar with the matter said on Thursday.EnCap has tapped inve
Oil & Gas Trade
29-01-2024

Brazil's Petrobras Oil and Gas Output Rises 3.7% in 2023
Brazil?s state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Acquire Licensing RightsBrazilian state-run oil company Petrobras' (PETR4.SA), opens new tab outpu
Oil & Gas Trade
29-01-2024

Russia's Gazprom Neft Sees No Need for Extra OPEC+ Oil Output Cuts
Alexander Dyukov, head of Russian oil producer Gazprom Neft, attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 16, 2022. REUTERS/Anton Vaganov/File Photo Acquire Licensing RightsThe head of Russi
LNG
26-01-2024

Hudong-Zhonghua Launches 14,000 Cbm China-Made LNG Bunkering Ship
Chinese shipbuilder Hudong-Zhonghua, a subsidiary of China State Shipbuilding Corporation (CSSC), has launched an LNG bunkering vessel ordered by compatriot Anhui Changjiang LNG, an operator of the Wuhu LNG Terminal in Anhui Province.Courtesy of Hudong-Zh
LNG
26-01-2024

Tokyo Gas and partners to work on LNG-to-power project in Vietnam
Japanese companies Tokyo Gas and Kyuden, along with Vietnam’s Truong Tan Vietnam Group, have established the Thai Binh LNG Power joint venture (TBLP) to work on an LNG-to-power project in Thai Binh Province, Vietnam.Illustration only; Archive; C
Oil & Gas Trade
26-01-2024

IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
Oil rigs are seen in Midland, Texas May 9, 2008. REUTERS/Jessica Rinaldi/File Photo Acquire Licensing Rights(This Jan. 24 story has been corrected to clarify that the IEA first announced plans to move publication forward in its November 2023 report, in pa
Oil & Gas Trade
26-01-2024

Bankrupt oil trader Lord Energy sues UAE and ADNOC in $2.8 bln fraud claim
Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo Acquire Licensing RightsBankrupt oil firm Lord Energy and its owner Hazim Nada are suing the United Ar
Oil and Gas Equipment
25-01-2024

KMG, Croatia's Jadranski Naftovod d.d. Sign MoU
On the threshold of the 1st meeting of the Kazakhstan-Croatia Intergovernmental Commission for Economic Cooperation, Deputy Chairman of the Board of KazMunayGas Bulat Zakirov and CEO of Jadranski naftovod d.d. (JANAF) Stepan Adanic signed a memorandum of
Oil&Gas Drilling
25-01-2024

Russian Black Sea Oil Refinery Fire Extinguished
Smoke and flames rise after a fire broke out at a large oil refinery in Tuapse, Russia in this screengrab obtained from a social media video released on January 25, 2024. Video Obtained by Reuters/via REUTERS Acquire Licensing RightsA fire at a Rosneft-ow
Oil & Gas Trade
25-01-2024

Italian Gas Grid Operator Snam to Invest 11.5 Bln Euros by 2027
Italy's Snam (SRG.MI), opens new tab will invest 11.5 billion euros ($12.5 billion) by 2027, 15% more than in its previous business plan, the gas network operator said on Thursday.In its new strategy, the state-controlled group will focus on the c
LNG
25-01-2024

Biden Set to Withhold Approval of LNG Terminals in Gulf of Mexico
The New York Times reported on January 24, 2024 that the Biden administration appears ready to delay and/or deny permits for new LNG terminals in the Gulf of Mexico. The White House is directing the Energy Department to expand its evaluation of the projec
LNG
25-01-2024

Qingdao Beihai Hands Over Final LNG-Powered Bulker to H-Line
Chinese shipbuilder Qingdao Beihai Shipbuilding, part of China State Shipbuilding Corporation, has delivered the third 210,000-ton LNG dual-fuel bulk carrier to South Korea’s H-Line Shipping.Image credit: Qingdao Beihai ShipbuildingThe Newcastle
Oil & Gas Trade
25-01-2024

Chevron's Duvernay Sale Seen Attracting Mid-Sized Canadian Shale Operators
A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsAs Chevron Corp (CVX.N), opens new tab markets its Duvernay shale assets, the U.S. oil major is most likely to find a buye
LNG
25-01-2024

White House Pauses Decision on Louisiana LNG Export Terminal -New York Times
Snow covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland March 18, 2014. REUTERS/Gary Cameron/File Photo Acquire Licensing RightsThe Biden administration is delaying a decision on a Louisiana
Oil & Gas Supply
25-01-2024

Parkland Temporarily Shuts Down Burnaby Refinery in Western Canada
Workers on site at Parkland Fuel's refinery in Burnaby, British Columbia, Canada February 17, 2021. Picture taken February 17, 2021. REUTERS/Jennifer Gauthier/File Photo Acquire Licensing RightsParkland Corp (PKI.TO), opens new tab has temporarily
Oil & Gas Supply
24-01-2024

Water Supply Restored to Totalenergies Texas Oil Refinery - Sources
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier//File Photo Acquire Licensing RightsWater supply was restored to Tota
Oil & Gas Trade
24-01-2024

BP Seestrinidaddeepwater Gas Project Getting Greenlight Assoonas 2025
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 Acquire Licensing RightsBP (BP.L), opens new tab expect
Oil & Gas Trade
24-01-2024

Petronas Seeks Fiscal Incentives to Developsurinamegas Project
The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, 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 Acquire Li
Oil & Gas Trade
24-01-2024

India to Become Main Driver of Incremental Oil Use by 2030: Kemp
India's petroleum consumption climbed to a new record last year and the country is on course to overtake China as the primary driver of incremental oil consumption before 2030.Urbanisation, industrialisation and the growth of the middle class are

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