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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil Price
24-01-2024
Oil Prices Settle Down Slightly on More Supply in US and Abroad
An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/File Photo Acquire Licensing Rights.Oil prices settled lower on Tuesday as traders focused on rebo
Natural Gas
24-01-2024
Woodside Energy Signals Higher Production;Santosmerger Talks Still at Early Stage
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 Acquire Licensing RightsAu
LNG
23-01-2024
Russia's Novatek on Track to Complete 2nd Train of Arctic LNG 2 in 2024
Novatek’s Belokamenka construction yard near Murmansk. (Source: Novatek)The final module for the 2nd production line of Russian gas producer Novatek’s Arctic LNG 2 project, departed from China last week. In February the company will in
Natural Gas
23-01-2024
Trinidad in Talks With Europe to Supply Venezuelan Gas
Trinidad and Tobago's Prime Minister Keith Rowley speaks during the Leaders' Second Plenary Session during the Ninth Summit of the Americas in Los Angeles, California, U.S., June 10, 2022. REUTERS/Lauren Justice/File Photo Acquire Licensin
Oil Price
23-01-2024
Oil Rises 2% on Supply Disruptions in Russia, U.S.
The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann Acquire Licensing RightsOil prices rose about 2% on Monday on concerns over global energy supplies followin
Oil & Gas Trade
23-01-2024
Exxon Louisiana Refinery Gasoline, Diesel Units Shut for Work -Sources
The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. Standard & Poor's Ratings Services said on April 26, 2016, it had cut Exxon Mobil Corp's corporate
Oil & Gas Trade
23-01-2024
UAE's ADNOC Sells More Fuel Oil From Ruwais Refinery in January -Traders, Data
UAE's Abu Dhabi National Oil Company (ADNOC.UL) has sold more straight-run fuel oil (SRFO) from its Ruwais refinery complex this month via private sales, according to trade sources and ship-tracking data.The higher sales emerged because of mainten
Natural Gas
22-01-2024
Totalenergies' Giant Natural Gas Field in North Sea on Track to Come Online This Spring
With finishing touches underway, France’s TotalEnergies and its partners in the Danish Underground Consortium (DUC) are getting ready to bring on stream the Tyra II redevelopment project in the Danish sector of the North Sea in March 2024. This
Oil Field
22-01-2024
Aberdeen Uni Study Raises Concerns Over Gas Field Hydrogen Storage
An Aberdeen University-led study exploring the use of a depleted gas field in Scotland to store hydrogen has raised concerns about the future viability of similar projects.The research concluded the Cousland gas field in Midlothian fails to meet the crite
Oil & Gas Trade
22-01-2024
Petrobras Board Member Resigns From Brazilian Oil Giant
Petrobras board member Efrain Pereira da Cruz resigned from his position at Brazil’s state-controlled oil company last week, according to two people with knowledge of the situation who requested anonymity because the move has not been publicly a
Oil & Gas Trade
22-01-2024
Libya Says Production Has Resumed at Its Largest Oilfield After More Than 2-Week Hiatus
Libya’s state-owned oil company resumed production at the country’s largest oilfield Sunday, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages.The National Oil Corp. said in a terse statement
Crude Oil
22-01-2024
Russia Passed Saudi Arabia as Biggest Supplier of Crude Oil to China in 2023
Data released from China on Saturday showed that Russia became China’s top crude oil supplier in 2023, exporting far more than other major oil exporters such as Saudi Arabia.China is the world’s biggest crude importer.Chinese customs p
Oil&Gas Drilling
22-01-2024
India Defers $602 Million Plan to Fill Parts of Strategic Petroleum Reserve
India has deferred a 50-billion-rupee ($601.78 million) plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets, the finance ministry said on Saturday.In the federal budget for 2023-24, the government had outl
LNG
22-01-2024
British Columbia Boosts Power Plan but Electrifying LNG Proving Big Challenge
LNG Canada site construction activities are held, in Kitimat, Canada, September 2022. LNG Canada/Handout via REUTERS/File Photo Acquire Licensing Rights(This Jan. 19 story has been corrected to fix the affiliation of source to Clean Energy Canada, not Cle
Oil & Gas Trade
22-01-2024
Australia secures new gas deals for east coast energy markets
Australia's Climate Change and Energy Minister Chris Bowen speaks at the Sydney Energy Forum in Sydney, Australia, July 13, 2022. REUTERS/Jaimi Joy/Pool/File Photo Acquire Licensing RightsThe Australian government said on Monday it had reached new
Natural Gas
20-01-2024
China's Natural Gas Output up 5.8 Pct in 2023
China's natural gas output registered stable growth in 2023, data from the National Bureau of Statistics showed.The country produced 229.7 billion cubic meters of natural gas in 2023, up 5.8 percent from a year earlier.A total of 119.97 million to
LNG
20-01-2024
Samsung Heavy Industries Bags $235 Million Gas Carrier Deal
South Korean shipbuilder Samsung Heavy Industries (SHI) has won a construction contract for two liquified petroleum gas (LPG)/ammonia carriers.Illustration/Courtesy of SHIThe deal, valued at KRW 315 billion ($235 million), was signed with undisclosed ship
Oil & Gas Trade
20-01-2024
US Buys 3.2 Million Barrels of Oil for Strategic Petroleum Reserve
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 Acquire Licensing RightsThe United States bo
Oil&Gas Drilling
20-01-2024
US Drillers Add Oil and Gas Rigs for First Time in Three Weeks - Baker Hugh
Horizontal drilling rigs operate in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Acquire Licensing RightsU.S. energy firms this week added oil and natural gas rigs for the first time in three
Oil & Gas Trade
20-01-2024
Chevron to Begin Marketing Shale Gas Assets in Canada's Duvernay
The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby Oraa/File Photo Acquire Licensing RightsChevron (CV
LNG
20-01-2024
Exclusive: Qatar Set to Sign Cheaper Long-Term LNG Deal With India
Model of LNG tanker is seen in front of Qatar's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsQatar Energy within weeks could sign a long-term deal to provide liquefied natural gas
Oil&Gas Drilling
19-01-2024
Three Norwegian Oil and Gas Field Permits Invalidated on Environmental Grounds
A general view of the Equinor's Johan Sverdrup oilfield platforms in the North Sea, Norway December 3, 2019. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsThree permits given by the Norwegian government to develop new offshore oil and ga
Pakistan
18-01-2024
Pakistan Secures Second LNG Cargo From Azerbaijan
ISLAMABAD: Pakistan has succeeded in securing a second Liquefied Natural Gas (LNG) cargo from the State Oil Company of the Azerbaijan Republic (SOCAR) for delivery in February amid Qatar’s prime minister’s warning that LNG shipments ma
LNG
18-01-2024
Bangladesh's Summit to Supply 1.5 Mln T Lng to Petrobangla From Oct 2026
Bangladesh's Summit Group has signed a preliminary pact to supply 1.5 million metric tons of liquefied natural gas (LNG) per year to state-run Petrobangla for 15 years, starting from October 2026, its chairman, Aziz Khan, told Reuters.The deal, wh
Natural Gas
18-01-2024
Norway Energy Firms Plan Three-Year Push for Arctic Gas
Equinor's logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNorwegian oil companies will ramp up exploration for natural gas in the Barents Sea in the next three year
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Most views from Oil & Gas
1
Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility
2
Baker Hughes to Supply Tech for Offshore LNG Project in Texas
3
Equinor starts drilling major gas development in Brazil
4
Algeria and Spain in talks to increase gas supply
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Petron secures 2.5M barrels of Russian crude oil
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PH, China reopen oil exploration talks
