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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 & Gas Trade
11-12-2023

Saudi Aramco to Supply Full Oil Volumes to Some N.Asia Refiners in Jan 2024 -Sources
An employee rides a bicycle next to oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov//File Photo Acquire Licensing RightsSaudi Aramco (2222.SE) has notified at least three North Asian buyers that it w
LNG
11-12-2023

Papua New Guinea in Advanced Talks With Chinese Banks to Fund Its Stakes in LNG Megaprojects
Papua New Guinea's state-owned petroleum company is in advanced talks with Chinese banks to help fund its stakes in the two major liquefied natural gas (LNG) projects in the country, a senior executive said on Monday.Kumul Petroleum is holding tal
Offshore Wind Power
11-12-2023

Shell Eyes $6BN in Nigeria Offshore, Gas Investments
Oil giant Shell sees $6 billion in investment opportunities in Nigeria, especially in offshore, gas and liquefied natural gas (LNG) projects, the country’s presidency said in a statement on Friday.Nigeria, the continent’s top economy a
Oil&Gas Drilling
11-12-2023

Serbia Launches Interconnector to Gas Pipeline in Bulgaria
Serbia on Sunday completed the interconnector to a pipeline in Bulgaria which would allow the Balkan country to diversify its gas supplies and reduce its dependence on Russia.The launch of the interconnector will make operational the pipeline from the tow
Oil & Gas Trade
11-12-2023

Three Oil Firms Project N290bn Revenue in Q1 2024
Three oil and gas firms have projected a total of N290 billion in terms of revenue for the first quarter of 2024.These projections were stated in their earnings forecast filed with the Nigerian Exchange Limited.The firms, making the projections include Et
Coal Mine
11-12-2023

TMK All-in on Mongolian Coal Seam Gas Giant
TMK Energy’s Lucky Fox-1 well flaring gas. Credit: FileTMK Energy has assumed full ownership of the 8400-square-kilometre Gurvantes XXXV coal seam gas project in Mongolia, as three pilot wells flow gas to surface at rates as high as 13,000 stand
Oil Exploration
09-12-2023

Bangladesh Puts to Use China-Built Crude Oil Offloading Facility - Official
Bangladesh started in recent days a large crude oil receiving and offloading facility built by China that allows the south Asian oil importer to significantly reduce the cost of shipping in crude oil, a senior industry official told Reuters on Friday.The
Crude Oil
09-12-2023

Nigeria's Dangote Refinery Receives First Crude Cargo
A view of the newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. REUTERS/Temilade Adelaja/File Photo Acquire Licensing RightsThe Dangote oil refinery in Nigeria on Friday received its first cargo of 1 million barrel
Natural Gas
09-12-2023

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
09-12-2023

US Seeks to Buy Up to 3 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 Acquire Licensing RightsThe U.S. Department of Energy o
LNG
09-12-2023

Two Japan Energy Companies Seek US Approvals for Venture Global's CP2 LNG
Two Japanese energy companies, oil and gas producer Inpex Corp (1605.T) and power utility JERA, urged a U.S. energy regulator to give prompt approvals for Venture Global to begin construction on its CP2 LNG project in Louisiana.JERA's letter to th
United States
09-12-2023

U.S. LNG Developer Tellurian Ousts Co-founder Souki as Chairman
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 RightsTellurian (TELL.A) ousted its chairman and co-founder Ch
LNG
08-12-2023

NYK and Sinopec Sign LNG Transportation Charter Deal
Japan’s shipping company NYK has concluded a long-term time-charter contract for LNG transportation with China’s energy company China Petroleum & Chemical Corporation (Sinopec).Illustration only; Courtesy of NYKThe contract is for
LNG
08-12-2023

BP Joins Hands With Indonesian Company for LNG Import Project in East Java
UK’s BP Gas & Power Investments and Indonesia’s logistics and supply chain company PT AKR Corporindo have signed a joint development agreement to work on an LNG import project involving a regasification terminal in Java Integrated
Oil & Gas Trade
08-12-2023

Four Suitors Offer More Than 600 Mln Euros for Edison Gas Storage - Sources
General view of EDF's Italian subsidiary Edison thermoelectric power plant in Marghera, Italy, January 25, 2023. Edison/Handout via REUTERS/File Photo Acquire Licensing RightsEdison's gas storage assets have attracted offers from four Ital
Oil & Gas Trade
08-12-2023

Shell Sees $6 Billion Oil, Gas Investments in Nigeria, Presidency Says
People sit at the Shell booth on the day of the opening of the Nigeria Oil and Gas 2022 meeting in Abuja, Nigeria July 4, 2022. REUTERS/Afolabi Sotunde/File Photo Acquire Licensing RightsShell (SHEL.L) sees a $5 billion offshore oil investment opportunity
Oil & Gas Trade
08-12-2023

Santos Shares Jump 11% On $53 Billion Woodside Merger Talks
View of a model of carbon capture and storage designed by Santos Ltd, at the Australian Petroleum Production and Exploration Association conference in Brisbane, Australia May 18, 2022. REUTERS/Sonali Paul/File Photo Acquire Licensing RightsAustralia&#
Natural Gas
07-12-2023

A Lot of Gas Discovered in Zimbabwe
Australian minnow, Invictus Energy, has moved from citing "encouraging signs of hydrocarbon", in its drilling campaign in Zimbabwe, to formally declaring a hydrocarbon discovery.The company is on the sidetrack to the Mukuyu-2 well, (Mikuyu-2STK)
Oil&Gas Drilling
06-12-2023

Indonesia Approves Development Plan For Rokan Block
Indonesia has approved a 3.7 trillion rupiah ($238.71 million) development plan for steamflood enhanced oil recovery in the Rokan block, the country's upstream oil and gas regulator SKK Migas said in a statement on Tuesday.The first development ph
Oil&Gas Drilling
06-12-2023

BP Starts Drilling Oil Production Well at New Platform of Azeri-Chirag-Gunashli Project
Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Acquire Licensing RightsBP (BP.L) has started drilling the first oil production well from the new Azeri Central East (AC
LNG
06-12-2023

Australia's Woodside Energy Signs 20-Year LNG Deal With Mexico Pacific
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 Acquire Licensing RightsWoodside Ener
Crude Oil
05-12-2023

BP to Become Sole Owner of Lightsource BP
BP signed a deal to acquire the 50.03 percent ownership share in Lightsource BP that it does not already own.BP PLC has signed a deal to acquire the 50.03 percent ownership share in Lightsource BP Renewable Energy Investments Ltd. that it does not already
LNG
05-12-2023

Trinidad's Atlantic LNG Restructuring to Shrink Shell's Stake, Boost BP's -Sources
The installations of liquified natural gas producer Atlantic LNG are pictured in Point Fortin, Trinidad and Tobago, December 10, 2022. REUTERS/Andrea De Silva Acquire Licensing RightsShell's (SHEL.L) ownership in Trinidad and Tobago's Atla
Oil & Gas Supply
05-12-2023

Woodside Energy Becomes Signatory to Oil and Gas Decarbonisation Charter
Woodside Energy has become a signatory to the oil and gas decarbonisation charter launched at the United Nations Climate Change Conference COP28 in the United Arab Emirates.The voluntary charter was launched by COP28 President, Dr Sultan Al Jaber, and sig
Oil and Gas Equipment
05-12-2023

Serbia Completes Construction of Gas Link With Bulgaria
Photo: Ministry for Mining and EnergySerbia completed the construction of its section of a natural gas link with Bulgaria, the country’s energy ministry said on Sunday.Once operational, the link will be able to transport 1.8 billion cubic metres

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