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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil&Gas Drilling
19-12-2023
Significant Gas Discovery at Layaran-1, Indonesia
Harbour Energy plc is pleased to note operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20 per cent), offshore North Sumatra, Indonesia.Layaran-1 is the fir
LNG
19-12-2023
BUA Group to Build 700 Tons per Day Mini LNG Project, Signs Agreement With CIMC Enric in Partnership With Axxela Group
BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, has signed an agreement with CIMC ENRIC, a global leader in the energy equipment industry, in partnership with Axxela, to establish a 700-ton-per-day
Oil and Gas Equipment
19-12-2023
China's Largest Gas Storage Facility Creates Daily Extraction Record
China's largest gas storage facility Hutubi extracted a record 38 million cubic meters of natural gas on Saturday, as part of efforts to increase gas production to cope with the strong cold wave enveloping the country.The volume is 5 million cubic
LNG
19-12-2023
Shell's Prelude LNG Facility Resumes Operations -Sources
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsShell (SHEL.L) has resumed opera
Oil & Gas Trade
19-12-2023
Totalenergies Pledges $6 Billion in Nigeria Oil, Gas Investments
The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing
Oil&Gas Drilling
19-12-2023
Venezuela's PDVSA, Spain's Repsol Agree to Expand Oil Joint Venture
Venezuela's Oil Minister Pedro Tellechea and Francisco Gea, Repsol’s executive managing director of Exploration and Production show an agreement signed amending the original terms of a project in the country, aiming to revive its crude a
Oil&Gas Drilling
19-12-2023
El Salvador Announces Reforms to Boost Oil, Gas Exploration
El Salvador's state energy authorities announced on Monday that legal reforms to boost oil and gas exploration have been presented to lawmakers for approval.The measures aim to lure investment and modernize the sector's legal framework in
Oil & Gas Trade
19-12-2023
Imperial Oil Sees Higher Upstream Production for 2024
The Imperial Strathcona Refinery which produces petrochemicals is seen near Edmonton, Alberta, Canada, October 7, 2021. REUTERS/Todd Korol Acquire Licensing RightsCanadian refiner Imperial Oil (IMO.TO) forecast 2024 upstream production between 420,000 and
Oil & Gas Trade
18-12-2023
Russia Considering Increase of Oil Supply to Uzbekistan
TASHKENT, Uzbekistan, December 18. Russia is working on the possibility of increasing exports of oil and petroleum products to Uzbekistan, Deputy Prime Minister Denis Manturov said, Trend reports.The remark was made during the meeting of the intergovernme
Oil&Gas Drilling
18-12-2023
Australia's Santos Receives Drilling Approval for $4.3 Bln Barossa Gas Project
Australian oil and gas major Santos (STO.AX) said on Monday it had received approval for a revised drilling plan at its $4.3 billion Barossa gas project, although the fate of a pipeline to take gas to shore remains locked in a legal dispute.Santos was for
Oil & Gas Trade
18-12-2023
McPhy Energy: McPhy Awarded a Major Contract in the Field of Green Hydrogen Pipeline Supply With HMS Oil & Gas in Germany
A strategic project for HMS with a total of 64 MW implemented in 2 stepsSupply of four McLyzer 3200-30 to HMS Oil & Gas division in Germany, which will be operated as part of a major tie-in point for the hydrogen grid at the Radeland Compression stati
Oil&Gas Drilling
18-12-2023
Equinor to Obtain Shell Stake, Operatorship of Linnorm in NCS
Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc's 30 percent equity in PL 255.Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc’s
Singapore
18-12-2023
EBY defends BC's LNG and coal exports
BC Premier David Eby: ‘Until we find ways to produce steel without [metallurgical coal], it is a good product to be exported from British Columbia.’ Photo via BC government.However serious the B.C. government may be about cutting carbo
LNG
18-12-2023
Vietnam PM Awards Licence to Tokyo Gas, Partners to Build LNG Plant
Minh Chinh granted an investment license to a consortium comprising Tokyo Gas, Kyuden International, and Truong Thanh Group to construct a USD1.99 billion (MYR9.35 billion) liquid natural gas (LNG)-fired power plant in the northern province of Thai Binh d
Oil&Gas Drilling
18-12-2023
Odfjell Technology Firms up Two-Year Deal With Serica Energy
Odfjell Technology, a spinoff of Odfjell Drilling that specialises in offshore operations, well service technology, and engineering solutions, has been awarded a two–year contract extension with Serica Energy.The extension will see the Oslo-list
Oil & Gas Trade
18-12-2023
Russia Eyes Additional Oil Export Cuts of About 50,000 Bpd in December - Novak Says
A pump jack is seen at the Ashalchinskoye oil field owned by Russia's oil producer Tatneft near Almetyevsk, in the Republic of Tatarstan, Russia, July 27, 2017. REUTERS/Sergei Karpukhin/File Photo Acquire Licensing RightsRussia said on Sunday it w
Japan
16-12-2023
Tokyo Gas Unit Buys US Natgas Producer Rockcliff Energy for $2.7 Billion
A natural gas pipeline, and the logos of Tokyo Gas and Rockcliff Energy are seen in this illustration taken January 4, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoA unit of Tokyo Gas has bought Texas-based natural gas producer Rockcliff Energy from pr
LNG
16-12-2023
Gunvor Closes €400 Million Loan to Secure LNG Supplies for Italian Industry
Geneva-based energy trading firm Gunvor Group has closed a €400 million loan to support the Italian industry by securing natural gas and LNG supplies while promoting the export of Italy’s goods and services.Illustration only. Image: Gun
Oil&Gas Drilling
16-12-2023
US Drillers Cut Oil and Gas Rigs for First Time in Five Weeks - Baker Hughes
An oil worker drives a forklift truck towards a drill rig after placing some ground monitoring equipment in the vicinity of the underground horizontal drill in Loving County, Texas, U.S. November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mo
Oil and Gas Equipment
15-12-2023
Czech Power Firm Acquires Gas Transportation Infrastructure
State-owned Czech Transmission System Operator has completed the acquisition of NET4GAS Holdings.State-owned Czech Transmission System Operator (ČEPS) has completed the acquisition of NET4GAS Holdings, s.r.o, which holds the exclusive license for natural
Oil&Gas Drilling
15-12-2023
ADX to Test Giant Welchau Gas in Austrian Reservoir
Clearing of ADX Energy’s Welchau-1 well pad. Credit: FileADX Energy has broken ground in Austria in preparation for maiden drilling of the giant Welchau gas prospect in Upper Austria, which has a best technical prospective resource estimate of 8
Oil & Gas Trade
15-12-2023
Equinor Buys Shell's Stake in the Linnorm Gas Discovery
Equinor's logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNorway's Equinor said on Thursday it has agreed to buy Shell's (SHEL.L) stake in the Linno
Oil & Gas Trade
15-12-2023
South Africa Seeks Bids for 7,615 MW of New Power Generation
South Africa on Thursday launched three bidding rounds for 7,615 megawatts (MW) of new power generation from renewable energy, natural gas and battery storage, part of efforts to overcome record power outages crippling economic output.The Department of Mi
Coal-Fired Power Plants
15-12-2023
US Awards up to $890 Million to Carbon Capture Projects at Gas, Coal Plants
Natural gas and coal plants in Texas, California and North Dakota will share up to $890 million in U.S. funding for projects to demonstrate the viability of carbon capture technologies, the U.S. Energy Department said on Thursday.Carbon capture and storag
Oil Pipeline
15-12-2023
BP Restarts Pipeline After Gasoline Spill in Washington State-Source
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//File Photo Acquire Licensing RightsBP (BP.L) has resta
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Equinor starts drilling major gas development in Brazil
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