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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Crude Oil
02-01-2024
Dangote Refinery Receives 4th Crude Oil Shipment From NNPC
Dangote Refinery has received its fourth shipment of one million barrels of bonny light crude supplied by the Nigeria National Petroleum Company (NNPC) Limited.In a statement released on Sunday, Dangote Oil Refining Company expressed expectations of recei
Oil&Gas Drilling
02-01-2024
CNOOC Limited Announces MERO2 Project Commences Production
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Mero2 Project has commenced production safely.Mero, Brazil's third largest oilfield, is located in the Santos Basin pre-salt sou
Oil & Gas Trade
02-01-2024
Brazil's Petrobras Says Sepetiba Fpso Enters Production
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsBrazilian state-run oil company Petrobras' (PETR4.SA) Sep
Oil Exploration
02-01-2024
Nigeria Aims to Raise Oil, Condensates Output to 2.6 Mln Bpd by 2026
Nigeria's upstream oil regulator on Monday announced an annual oil and condensates production target of 2.6 million barrels per day (bpd) by 2026, an ambitious jump from 2023 levels of around 1.6 million bpd.Africa's biggest oil exporter,
Oil & Gas Trade
02-01-2024
Exxonmobil Hands Over Operations at West Qurna 1 Oilfield to Petrochina
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/File Photo Acquire Licensing RightsU.S. energy giant ExxonMobil Corp (XOM.N) has formally exited
Crude Oil
02-01-2024
India Hikes Windfall Tax on Crude Oil
Oil tankers are seen parked at a yard outside a fuel depot on the outskirts of Kolkata February 3, 2015. Picture taken February 3, 2015. REUTERS/Rupak De Chowdhuri/FILE PHOTO Acquire Licensing RightsIndia has hiked the windfall tax on crude oil while redu
Oil & Gas Technology
30-12-2023
Nigerian Govt Proposes 1M Gas-Powered Vehicles by 2027 – PCNGI
The Presidential Compressed Natural Gas Initiative, PCNGi, says the Federal Government plans to put one million gas-powered vehicles on the road by 2027.PCNGi’s Chief Executive Officer and Project Director, Michael Oluwagbemi, made this known in
LNG
29-12-2023
Petronet LNG to Set Up LNG Terminal on East Coast of India
Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast of India.According to Petronet LNG’s social media update, sub-concession agreement, s
LNG
29-12-2023
Key Milestone for Congo LNG Project as Eni's Tango FLNG Receives First Gas
Italian oil and gas company Eni has introduced the first gas into the Tango floating LNG (FLNG) facility moored in Congolese waters.Courtesy of EniEni revealed this ‘key milestone for the Congo LNG project’ on December 28, 2023, noting
Oil & Gas Supply
29-12-2023
Russian Pipeline Gas Exports to China to Exceed 22.5 Bcm in 2023 - Gazprom
A view shows the Orenburg gas processing plant of Gazprom in the Orenburg Region, Russia September 1, 2023. REUTERS/Alexander Manzyuk/File Photo Acquire Licensing RightsRussian natural gas exports to China via Power of Siberia 1 pipeline will exceed 22.5
LNG
29-12-2023
China Aims to Build More Than Half the World's Cleaner-Fuel Ships by 2025
Labourers work on a section of a ship, which is under construction at the Waigaoqiao shipyard, in Shanghai November 5, 2013. Picture taken November 5, 2013. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsChina has set itself the goal of producin
Oil & Gas Trade
29-12-2023
Engie Brasil Sells 15% Stake in Gas Pipeline Firm Tag to Canada's CDPQ
The logo of Engie is seen during the company's annual general shareholders meeting in Paris, France, April 26, 2023. REUTERS/Sarah Meyssonnier/File photo Acquire Licensing RightsEngie Brasil (EGIE3.SA) said on Thursday it had reached a deal to sel
Oil & Gas Trade
29-12-2023
Qatar to Supply Crude Oil to Shell in Five-Year Deal
A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/file photo Acquire Licensing RightsQatar has agreed to supply Shell (SHEL.L) in Singapore with up to 18 million barrels of oil a year for five y
Oil Price
28-12-2023
Brazil's Petrobras to Lower Diesel Prices From Wednesday
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsBrazilian state-run oil company Petrobras (PETR4.SA) will reduce
Oil and Gas Equipment
28-12-2023
Tanzanian Firm Building sh19B Gas Facility at Port
Taifa gas cylinders. The Taifa gas project was launched at Dongo Kundu in Mombasa County on February 24, 2023. [PCS]The Tanzanian-owned firm has begun to construct a liquefied petroleum gas (LPG) storage in Mombasa.Taifa Gas SEZ Kenya Ltd is putting up a
Oil & Gas Supply
28-12-2023
Deutsche Energy Terminal to Take Charge of LNG Infrastructure in Brunsbüttel
On January 1, 2024, German energy operator RWE will hand over the LNG infrastructure built in Brunsbüttel to the federally-owned operator Deutsche Energy Terminal (DET), around ten months after the first LNG import flow.Courtesy of RWEDET is the
Oil & Gas Trade
28-12-2023
Russia Exports Almost All Its Oil to China and India - Novak
A bulk carrier sails near the crude oil terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/Files Acquire Licensing RightsAlmost all of Russia's oil exports this year have been shipped to
Oil Pipeline
28-12-2023
Williams to Buy Natural Gas Storage Assets for $1.95 Bln
Pipeline operator Williams (WMB.N) said on Wednesday it would buy a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion, to cater to rising demand from liquefied natural gas projects.The deal, expected to clo
LNG
28-12-2023
Russia: U.S. Sanctions Against Arctic LNG 2 Undermine Global Energy Security
Russian Foreign Ministry spokeswoman Maria Zakharova attends a news conference in Moscow, Russia, April 4, 2023. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsU.S. sanctions targeting Russia's massive Arctic LNG 2 project are unaccepta
LNG
28-12-2023
Chatterjee Fund Management Boosts Stake in LNG Developer Tellurian to 7.3%
The logo of Tellurian Inc is seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai/File Photo Acquire Licensing RightsChatterjee Fund Management has increased its stake in U.
Oil&Gas Drilling
27-12-2023
FPSO en Route to Senegal's First Offshore Oil Development
The floating production storage and offloading (FPSO) facility destined for Woodside Energy’s Sangomar project, Senegal’s first offshore oil development, is on its way to its final destination.Source: MODECMODEC announced that FPSO L&a
Oil & Gas Supply
27-12-2023
Gazprom Says Connected Nearly 900,000 Users to Network Gas in 2023
Gazprom PJSC has connected 842,000 new users to Russia’s natural gas infrastructure during 2023.The company said in a media release that in 2023 Russian residents have signed some 1.081 million contracts with national gas infrastructure expansio
LNG
27-12-2023
Nigeria to Begin to Supply Gas to South Africa From 2024
Riverside LNG, a Nigerian-based energy company, has revealed ongoing discussions regarding a potential agreement to supply gas to South Africa from the first quarter of 2024.This would mark the first such deal between the two nations, showcasing potential
LNG
27-12-2023
JERA Agrees to Support Adoption of LNG in the Philippines
Japanese energy company JERA has signed an agreement with the Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS) for system design and other support related to the adoption of LNG in the Philippines.Illustration only; Archi
LNG
27-12-2023
UTM Offshore Making Strides Towards Nigeria's First Indigenous Floating LNG Project
UTM Offshore and Nigerian National Petroleum Corporation (NNPC) have signed a shareholders agreement with Delta State Government for the development of the nation’s first indigenous floating LNG project.Courtesy of UTM OffshoreUnder the agreemen
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Equinor starts drilling major gas development in Brazil
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Petron secures 2.5M barrels of Russian crude oil
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PH, China reopen oil exploration talks