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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 Pipeline
15-01-2024

Trans Mountain Oil Pipeline Change Approved by Canadian Regulator
A pipe yard servicing government-owned oil pipeline operator Trans Mountain is seen in Kamloops, British Columbia, Canada June 7, 2021. REUTERS/Jennifer Gauthier/File Photo Acquire Licensing RightsThe Canada Energy Regulator (CER) on Friday approved a req
Gas Turbine
15-01-2024

Australian Court Lets Santos Build Pipeline for $4.3 Bln Barossa Gas Project
Australia's Santos (STO.AX) can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favour of the oil and gas firm in a dispute with an Indigenous man looking to pause th
Crude Oil
12-01-2024

All Crude Units Shut at Totalenergies Texas Refinery -Sources
Both crude distillation units (CDUs) and two vacuum distillation units (VDUs) shut down on Thursday at TotalEnergies (TTEF.PA) 238,000 barrel-per-day (bpd) Port Arthur, Texas refinery, sources familiar with plant operations said.The units, which convert c
LNG
12-01-2024

TNPA Selects Operator for LNG Terminal in South Africa
Transnet National Ports Authority (TNPA) has appointed the Vopak Terminal Durban & Transnet Pipelines (TPL) Consortium Venture as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay in South A
LNG
12-01-2024

Gasum Procures Large Sefe LNG Cargo to Finland's Inkoo FSRU Terminal
Finnish energy company Gasum has delivered a cargo of liquefied natural gas (LNG), procured from Germany’s SEFE (Securing Energy for Europe), to the Inkoo floating storage regasification unit (FSRU).FRSU Exemplar in Inkoo, Finland. Archive; Cour
LNG Carrier
12-01-2024

FLNG's Arrival Marks 'Major' Step Toward First Gas From BP's Giant Project
UK-headquartered energy giant BP has welcomed the arrival of a floating liquefied natural gas (FLNG) unit destined for its Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project off the coasts of Mauritania and Senegal.FLNG Gimi destined for BP&
Natural Gas
12-01-2024

Mari Petroleum Announces Gas Discovery at Shewa 02 Well Located in Waziristan Block
Mari Petroleum Company Limited (MPCL) as the operator of Waziristan Block is pleased to announce a gas discovery resulting from its exploratory efforts at Kawagarh of Shewa-2 Appraisal Cum Exploratory well, located in North Waziristan Di
Oil&Gas Drilling
12-01-2024

Chesapeake to Become Top US Natural Gas Producer With $7.4 Billion Deal for Southwestern
A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsChesapeake Energy (CHK.O) agreed to buy smaller rival Sou
Oil Price
12-01-2024

Enforcement of G7 Price Cap Hitting Russian Oil- US Treasury Official
Russian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsU.S. enforcement of the G7's price cap on Russian oil since
LNG
12-01-2024

Commonwealth LNG Urges Biden to Support Pending LNG Export Application
U.S. liquefied natural gas (LNG) developer Commonwealth LNG on Thursday called on President Joe Biden to support its long-pending LNG export application.Commonwealth LNG in a letter said it has been waiting 14 months for non-free trade approval, and has h
Oil and Gas Equipment
12-01-2024

Jumbo Offshore Awarded Mooring Pre-installation Contract by MODEC for the FPSO Errea Wittu
Jumbo Offshore Installation Contractors B.V. (Jumbo Offshore) has been awarded a contract by MODEC Guyana Inc. (MODEC) for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located offshore Guyana.The FPSO Errea Wittu, the
Oil and Gas Equipment
12-01-2024

PIS With BGN Adds Two Giant Gas Tankers, Supporting Energy Resilience and Global Market Expansion for Indonesia
MOKPO, South Korea, Jan 12, 2024 - (ACN Newswire) - Pertamina International Shipping (PIS) has strengthened its fleet by adding two Very Large Gas Carriers (VLGC), giant gas tankers optimized for transporting LPG both domestically and internationally. Nam
Oil & Gas Trade
11-01-2024

Power Prices Drop in Ireland as EU Increases Gas Reserves
Cornwall Insight have reduced their short-term power market price forecast for Ireland, with predictions for 2024 dropping by over 18%. This could bring welcome relief to homes and businesses struggling with soaring energy costs.Higher than anticipated ga
Oil & Gas Trade
11-01-2024

Transneft: Russian Oil Exports via Its Network Down 6.5% in 2023
A general view shows the Achinsk refinery, which was acquired by Rosneft company in 2007 and currently processes West Siberian crude delivered via the Transneft pipeline system, in Krasnoyarsk Region, Russia July 24, 2018. Picture taken July 24, 2018. REU
LNG
11-01-2024

Finland's Gasum Procures LNG Cargo for Inkoo Terminal From Sefe
Finnish energy firm Gasum said on Wednesday it is delivering a U.S. cargo of liquefied natural gas (LNG) it procured from Germany's SEFE LNG to the Inkoo floating storage regasification unit (FSRU).The LNG cargo is approximately 800 gigawatt hour
LNG
11-01-2024

Vopak Consortium Selected to Operate New LNG Terminal in South Africa
South Africa has selected a Vopak (VOPA.AS) consortium as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay for 25 years, state-owned Transnet National Ports Authority said on Wednesday.Vopak, a
Oil Price
11-01-2024

Oil Prices Fall 1% After Surprise US Storage Build
Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022. Picture taken March 29, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsOil prices fell nearly a dollar a barrel on Wednesday after a surpris
Oil & Gas Trade
10-01-2024

China's 2023 Oil and Gas Output Hits Record High 390 Mil MT Oil Equivalent
China's combined oil and gas production hit a record high of more than 390 million mt of oil equivalent in 2023, representing an average annual growth rate of 11.7 million mt of oil equivalent, the National Energy Administration said in a statemen
Oil&Gas Drilling
10-01-2024

Totalenergies Boosts Its Stake in Namibian Oil Discovery With Acquisition of More Interests in Two Offshore Blocks
French energy giant TotalEnergies has inked an agreement with Impact Oil and Gas Namibia to get its hands on additional interests in two blocks located offshore Namibia. One of these blocks contains the Venus discovery, which the oil major made in Februar
LNG
10-01-2024

NYK Orders Man ES Engines for Four LNG Carriers
Japanese shipping company Nippon Yusen Kaisha (NYK) has ordered eight MAN B&W ME-GA engines from German manufacturer MAN Energy Solutions (MAN ES) for four 174,000 cubic meter LNG carriers.According to MAN ES, the order entails 4x2x5G70ME-GA Mk. 10.5
LNG
10-01-2024

Nakilat Books LNG and LPG Carriers at Hyundai Samho in Fleet Expansion Move
Qatari LNG shipping operator Nakilat has placed orders at South Korean Hyundai Samho Heavy Industries (HSHI) for the construction of six vessels – two LNG carriers and four very large LPG/ammonia carriers – as part of its strategic shi
Oil&Gas Drilling
10-01-2024

Exxon's Faces Hurdles in $2.5 Billion Exit From California Offshore
The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Acquire Licensing RightsExxon Mobil's write-down of ab
LNG
10-01-2024

Japan's Kyushu Electric May Invest in Lake Charles LNG Project in US
Kyushu Electric Power (9508.T) is considering investing in the U.S. Lake Charles liquefied natural gas (LNG) project of Energy Transfer (ET.N), among other projects, to secure a stable supply of the fuel, a company spokesperson said on Tuesday.The comment
Oil&Gas Drilling
10-01-2024

US Oil Output to Touch a Record High in 2024, but Growth Will Slow - EIA
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo Acquire Licensing RightsU.S. crude production will hit records over the next two years but
Oil & Gas Trade
10-01-2024

Algeria Held Oil and Gas Investment Talks With Exxonmobil
Plants are displayed at the booth of American multinational oil and gas corporation ExxonMobil during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Acquire Licensing RightsAlgerian energy minis

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