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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
15-12-2023

Freeport LNG Settles With US EPA Over Safety Failures for June 2022 Texas Blast
Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File photo Acquire Licensing RightsFreeport LNG, which opera
Oil&Gas Drilling
14-12-2023

Kunnar Pasakhi Deep Field in Pakistan Restarts Productio
Oil & Gas Development Co. Ltd. (OGDCL) has revived production at the Kunnar Pasakhi Deep field with the reinjection of six wells.The field onshore Sindh province is currently producing 1,600 barrels per day (bpd) of condensate, 107 million cubic feet
Natural Gas
14-12-2023

Large Natural Gas Production Area Set Up in SW China
The annual output of natural gas of Petro China Southwest Oil & Gasfield Company in Sichuan Province exceeded 40 billion cubic meters at 9 a.m. on Thursday, establishing a large natural gas production area in southwest China.The quantity of natural ga
LNG
14-12-2023

Germany's Sefe Seeks US Approval for Venture Global's CP2 LNG Project
Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsThe German state-owned Securing Energy for Europe GmbH (SEFE) has become the third company to seek approval from the U.
LNG
14-12-2023

Wärtsilä to Extend Existing Biogas Plant to Produce 45 Tons of Biolng per Day
Technology group Wärtsilä will supply, install, commission and start-up the biogas upgrading and liquefaction units for a Swedish bioLNG plant. The new plant is an extension of an existing biomethane and bioLNG plant supplied earlier by
LNG
14-12-2023

LNG Canada Project in Kitimat to Begin Startup in 2024
Oil & Gas Trade
14-12-2023

Exclusive: Gas Producer EQT Seeks to Sell $3 Bln Portfolio -Sources
U.S. natural gas producer EQT Corp (EQT.N) is exploring a sale of a portfolio of minority stakes in wells in Pennsylvania's Marcellus shale formation, which could be worth more than $3 billion, people familiar with the matter said on Wednesday.EQT
Oil & Gas Trade
14-12-2023

Venezuela's PDVSA, Chevron Request 15-Year Extension for Two Joint Ventures
A unit of Venezuela's state oil company PDVSA and U.S. oil major Chevron (CVX.N) have requested a 15-year extension for two of their joint ventures from the country's oil ministry, the deputy minister Erick Perez said on Wednesday.PDVSA an
Oil & Gas Trade
13-12-2023

Azerbaijan Increases Gas Exports - Energy Minister
Azerbaijan exported 22.05 billion cubic meters of natural gas from January through November 2023, which is 9 percent more than the indicator of the same period of 2022, said Minister of Energy of Azerbaijan Parviz Shahbazov on X (Twitter), Trend reports.A
Oil&Gas Drilling
13-12-2023

Norway Oil and Gas Investments Set to Soar in 2024, Industry Says
Equinor's flag in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsOil and gas companies operating in Norway are expected to invest 240 billion Norwegian crowns ($21.85 billion) in 2024, up from 220.5 bil
LNG
13-12-2023

European LNG Heavyweight Ties up With Chinese Yards to Optimise FLNG Engineering
French membrane containment systems technology company GTT and China’s leading shipbuilding group China State Shipbuilding Corporation (CSSC) have agreed to cooperate on the optimisation of engineering of floating liquefied natural gas (FLNG) ve
Natural Gas
13-12-2023

Hawaiian Electric to Convert Waiau Power Plant to Biodiesel, Renewable Gas
Hawaiian Electric on Dec. 11 announced its proposal to replace six aging fossil-fuel generators at its Waiau Power Plant with more efficient flex-fuel units that can be fueled with biodiesel, renewable gas or hydrogen will advance to the next phase of an
Oil Pipeline
13-12-2023

More Than 30,000 Gallons of Gas Spill After Pipeline Leaks in Skagit Co.
State ecology workers estimate 30,000 gallons of gasoline leaked out of an Olympic Pipeline storage vault in Skagit County after a part failure this weekend.Early Sunday morning, Federal, State, and Local agencies responded to the gasoline spill near Moun
Oil Price
13-12-2023

India Bought Russian Oil at $84.2/Bbl in October, Highest Since December
A model of an oil pump and oil barrels jack is seen in front of Russian and Indian flags in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsThe average price of Russian oil delivered to top buy
LNG
13-12-2023

BP Challenges US Energy Regulator's Oversight of Venture Global LNG Plant
Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBP PLC (BP.L) has challenged U.S. energy regulators' approvals of a Venture Global LNG liquefied natural gas export facili
Oil & Gas Trade
13-12-2023

Shell to Boost Production at Perdido's Oil Project in Us Gulf of Mexico
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 Acquire Licensing RightsShell PLC (SHEL.L) on Tuesday said it has m
Oil Exploration
12-12-2023

Türkiye's Oil Production in Eastern Region Breaks Record With 30,000 Barrels per Day
ANKARATürkiye's daily oil production in the Gabar region of southeastern Sirnak province has reached 30,000 barrels, the country's state-owned oil company Turkish Petroleum (TPAO) announced on Monday.Record oil production at Gabar
LNG
12-12-2023

NNPC Teams up With Wison for Floating LNG Project in Nigeria
Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation (NNPC) for the development of a floating LNG project in Nigeria, targeting
LNG
12-12-2023

DSIC Progressing Construction of CMES' LNG Carriers
China’s Dalian Shipbuilding Industry Company (DSIC) is pressing on with the construction of 175,000 cubic meter LNG carriers ordered by compatriot China Merchants Energy Shipping (CMES).Courtesy of CCSOn December 8, DSIC said it had held a keel
Oil & Gas Trade
12-12-2023

Gunvor to Acquire BP's 75% Stake in Spanish Gas Power Plant
Energy trader Gunvor has agreed to acquire a 75% stake in 785 megawatt (MW) power plant in Bilbao, Spain, from BP (BP.L) gas marketing, a joint statement said on Monday.The facility will be the Geneva trader's first power plant acquisition. The de
Oil&Gas Drilling
12-12-2023

Frontera, CGX to See First Oil in Guyana by 2030, Seek Partners
Frontera Energy (FEC.TO) and CGX Energy (OYL.V) expect to make a final investment decision by 2026 on developing a promising Guyana offshore block, with first oil output potentially by 2030, executives from the companies said on Monday.The Frontera-CGX jo
Natural Gas
12-12-2023

Exclusive: Venezuela Prods BP, Chevron to Revive Gas Project Near Trinidad, Guyana
Venezuelan President Nicolas Maduro gestures as he attends an event at the National Electoral Council (CNE) after voters in a referendum rejected the International Court of Justice's (ICJ) jurisdiction over the country's territorial disput
Oil & Gas Trade
12-12-2023

Occidental Petroleum to Expand Permian Ops With $12 Billion Deal for Crownrock
The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOccidental Petroleum (OXY.N) on Monday agreed to b
LNG
12-12-2023

BP Challenges US Energy Regulator's Oversight of Venture Global LNG Plant
Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBP PLC (BP.L) has challenged U.S. energy regulators' approvals of a Venture Global LNG liquefied natural gas export facili
Oil & Gas Trade
11-12-2023

Germany's Mabanaft Buys Europe LPG Supplier Westfa
Mabanaft GMBH & Co. KG has signed a deal to acquire Westfa Energy GMBH, a distributor of liquefied petroleum gas (LPG) in several European countries.The all-stock purchase from Adeleon Familienholding GMBH is part of Mabanaft’s efforts to co

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