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Oil & Gas
Kazakhstan
Kazakhstan's Energy Minister: Plans to increase domestic refining capacity to twice its current level
Oil Exploration
04-12-2023
Kuwait's Al-Zour Refinery Put Into Full Production
Bringing online the third of the three mini refineries will gradually take the capacity to 615,000 bpd.Kuwait’s mega Al-Zour refinery is now fully operational, Kuwait Integrated Petroleum Industries Co. announced on Sunday.Bringing online the th
Oil & Gas Trade
04-12-2023
US Aims to Halve Russia's Oil and Gas Revenues by 2030
Geoffrey Pyatt (Photo:thekharkivtimes.com)The United States will do everything possible to half Russia’s oil and gas revenues by 2030, U.S. Assistant Secretary of State for Energy Resources Geoffrey Pyatt said in an interview with the Financial
Oil & Gas Trade
04-12-2023
Empire Energy Acquires Gas Processing Plant for A$2.5 Million to Accelerate Carpentaria Production
The Rosalind Park Gas Plant in Menangle, New South Wales.Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) has significantly accelerated the path to production at the Carpentaria Pilot Project in the Northern Territory and reduced capital expenditure required
Oil & Gas Supply
04-12-2023
Indonesia Approves Delayed Abadi Masela Gas Revised Development Plan
Indonesia has approved a revised development plan for the long-delayed Abadi Masela gas project with $20 billion in investment targeting production to start in 2029, an energy ministry official said on Saturday.The project, in which Japanese oil and gas c
Oil Exploration
04-12-2023
US lays out plan at COP 28 to slash greenhouse gas methane from oil and gas
An oil pump jack is seen in the Loco Hills region, New Mexico, U.S., April 6, 2023. REUTERS/Liz Hampton/File Photo Acquire Licensing RightsThe Biden administration on Saturday unveiled final rules aimed at cracking down on U.S. oil and gas industry releas
OPEC
04-12-2023
Lula Says Brazil's Participation in OPEC+ Is to Stop Oil Producers Using Fossil Fuels
Brazil's President Luiz Inacio Lula da Silva delivers a national statement at the World Climate Action Summit during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. REUTERS/Thaier Al Sudani/Fi
LNG
02-12-2023
Asia Spot LNG Prices Fall to 7-Week Low on Tepid Demand, Improved Supply
A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo Acquire Licensing RightsAsian spot liquefied natural gas (LNG) prices fell this week to a 7-wee
Oil & Gas Trade
02-12-2023
Colombia's Ecopetrol to Invest up to $6.7 Billion in 2024
The logo of Ecopetrol is pictured at its headquarters in Bogota, Colombia July 11, 2023. REUTERS/Luisa Gonzalez/File Photo Acquire Licensing RightsColombia's state-run oil company Ecopetrol (ECO.CN) will invest between $5.7 billion and $6.7 billio
Oil & Gas Trade
02-12-2023
India Resumes Imports of Venezuelan Oil, Reliance Seeks Direct Deal
A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsIndian refiners have resumed Venezuelan oil purchases through intermediaries, with Relia
Oil Price
02-12-2023
US Imposes Fresh Sanctions Over Shipment of Russian Oil Above Price Cap
Oil pump jack is seen in front of displayed U.S. and Russian flags in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsThe United States on Friday imposed additional sanctions related to the pric
Oil Pipeline
02-12-2023
Michigan Regulators Approve Enbridge Great Lakes Tunnel for Oil Pipeline
The logo of Calgary-based Enbridge, one of North America's largest energy infrastructure companies, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire
Oil & Gas Trade
02-12-2023
US November LNG Exports Approach Record Levels Amid Higher Output
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 RightsU.S. liquefied natural ga
Oil & Gas Trade
01-12-2023
ARC Resources to Supply BC, Alberta Natural Gas to US Markets via Cheniere Energy's Sabine Pass
ARC Resources’ Attachie natural gas processing plant, Phase 1, in Northeastern B.C., still under construction. Image from ARC Resources.ARC Resources Ltd. (TSX:ARX), a major natural gas producer in British Columbia, has inked a second agreement
Hydrogen Production
01-12-2023
Mitsubishi Power Completes 30% Hydrogen Co-firing Demo Using Grid-Connected Gas Turbine
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries (MHI), has conducted the world’s first power generation test on a large frame gas turbine using a fuel mixture of 30% hydrogen while connected to the local power grid and u
Oil&Gas Drilling
01-12-2023
Russia's Oil Loadings From Western Ports to Decline 6% In December - Sources, Reuters
A general view shows the Novorossiysk Fuel Oil Terminal (NMT) in the Black Sea port of Novorossiisk, Russia May 30, 2018. Picture taken May 30, 2018. REUTERS/Natalya Chumakova/File Photo Acquire Licensing RightsRussia's planned oil loadings from i
Solar Technology
01-12-2023
BP to Buy Remaining 50% In Solar JV Lightsource BP
Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsBP (BP.L) has agreed to take full ownership of Lightsource BP, buying the remaining 50% stake in its solar pow
Oil & Gas Trade
30-11-2023
Eni Inks Deal to Guarantee Swiss Gas Supply
The agreement aims to tap Swiss Transitgas transport infrastructure for gas flows from France to Italy through Switzerland to support Swiss supply security..Italy’s Eni SpA and Swiss company Open Energy Platform AG (Open EP) have signed an agree
Oil & Gas Trade
30-11-2023
OPEC+ Mulls New Oil Production Cuts of 1 Million Barrels a Day - WSJ
A view shows a pressure gauge near oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acquire Licensing RightsOPEC and its Russia-led allies are considering new oil production cuts of
Oil & Gas Supply
30-11-2023
Russia's Putin to Meet Rosneft CEO on Friday
Russian President Vladimir Putin meets with Chief Executive of oil producer Rosneft Igor Sechin at the Novo-Ogaryovo state residence outside Moscow, Russia February 15, 2021. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/File Photo Acquire Licensing Righ
Oil & Gas Supply
30-11-2023
Exclusive: Capital Power CEO Planning No Canadian Gas-Fired Plants Due to Trudeau's Regulations
Alberta's Capital Power is not planning to build new natural gas-fired power plants in Canada as Prime Minister Justin Trudeau's proposed electricity regulations to fight climate change make new investments in such facilities unviable, CEO
Oil & Gas Trade
30-11-2023
Elliott Takes $1 Bln Stake in US Oil Refiner Phillips 66, Urges Board Revamp
A general view of the Phillips 66 Company's Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, in Carson, California, U.S., March 11, 2022. Picture taken March 11, 2022. Picture taken
Oil Field
29-11-2023
Wood Secures Two-Year Contract Extension With Equinor
Wood has secured a two-year contract extension with Equinor UK Limited to support safe and reliable energy production at the Mariner field in the UK North Sea.Wood will continue to provide operations, maintenance, modifications and offshore services on th
Oil&Gas Drilling
29-11-2023
Italy's Saipem Wins Contracts in Brazil and Guyana Worth $1.9 Billion
A Saipem logo in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa's harbour, Italy, November 19, 2015. REUTERS/Alessandro Garofalo/File Photo Acquire Licensing RightsItalian energy engineering and infrastructure company Saipem (
Oil & Gas Trade
29-11-2023
Exclusive: Cambodia Scraps Coal Power Project to Build Gas-Fired Plant, Import LNG
Cambodia's national flags are seen as labourers work at a construction site in Phnom Penh, Cambodia, October 7, 2016. REUTERS/Samrang Pring/File Photo Acquire Licensing RightsCambodia has abandoned plans to build a $1.5 billion 700 megawatt (MW) c
Carbon Storage
29-11-2023
Alberta Unveils Carbon Capture and Storage Incentive to Help Decarbonization
Multiple refineries including the Kinder Morgan Edmonton Terminal, that produces petrochemicals, is seen near Edmonton, Alberta, Canada, October 7, 2021. REUTERS/Todd Korol/File Photo Acquire Licensing RightsCanada's main oil-producing province Al
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