Gas

Oil & Gas Trade
South Sudan’s Nile Petroleum Assumes Control Over Former Petronas Oil and Gas Assets
South Sudan’s state-run Nile Petroleum Corp. took over oil fields and assets that belonged to a subsidiary of the Malaysian oil company Petroliam Nasional…
Oil & Gas Trade
Oil Tycoon Emmanuel Fritz Paret Acquires 150 Wells, 140 Million Barrels of Oil in Kentucky Reserve Deal
Haitian-American oil tycoon Emmanuel Fritz Paret, CEO of Paret Mining LLC, has acquired a 10,000-acre oil reserve in Bowling Green, Kentucky. The acquisition in…
Oil Exploration
BP Electrifies 95% of Permian Wells, Boosts Production by 100,000 Barrels Daily
bp's U.S. onshore oil and gas division, bpx energy, has emerged as a leading player in the onshore sector, delivering some of the most productive and high-v…
Norway
OMV Makes “Significant” Gas Discovery in Norwegian Sea, Estimates up to 140 Million Barrels
OMV (Norge) AS, the operator of the PL 1194 license, announced a significant gas discovery in the Norwegian Sea. The well, drilled by the Transocean Norge rig, …
Oil&Gas Drilling
Eni Gets Approval to Develop Two Major Gas Fields in Indonesia’s Kutei Basin
Eni has received approval from Indonesian authorities for the development of two major gas fields, Geng North and Gehem, in the Kutei basin. The approval includ…
Oil & Gas Trade
Canada’s Gran Tierra Energy to Acquire British Oil, Gas Producer I3 Energy for $225 Million
Gran Tierra Energy has announced plans to acquire i3 Energy plc in a cash and share deal valued at $225 million.The transaction, which will be executed through …
Electricity Transmission
New Grid Technology to Rid the World of the Most Potent Greenhouse Gas
Innovative switchgear enables the phaseout of SF6, a greenhouse gas 24,300 times more potent than CO2, staying in the atmosphere for over 1,000 years.- Power gr…
Oil&Gas Drilling
Egypt Plans to Return Oil, Gas Production to Normal From 2025, PM Says
Egyptian Prime Minister Mostafa Madbouly attends a press conference during his visit to the the Rafah border crossing to enter Gaza, amid the ongoing conflict b…
Oil&Gas Drilling
Mexico’s Pemex Gets Approval to up Investment in Deepwater Field Lakach by $400 Million
Signage of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha/File Photo Purch…
LNG
Vietnam to Select Investor for $2.5 Bln Nghi Son LNG Power Plant by October
Authorities in Vietnam's Thanh Hoa province plan to select an investor through a bidding process by October to develop a $2.5 billion LNG-fired power plant,…
Oil & Gas Trade
Quantum Capital to Acquire Caerus Oil and Gas Assets for $1.8 Bln
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo Purchase Licensing RightsQua…
Oil & Gas Supply
Ghana Begins Construction of $12 Bln Petroleum Hub
President Nana Addo Dankwa Akufo-Addo of Ghana speaks during a press conference during the Summit on Peace in Ukraine, in Stansstad, Switzerland, June 16, 2024.…
Oil & Gas Trade
Exclusive: Kuwait in Talks With Qatar for New 15-Year LNG Supply Deal From North Field
Qatar Energy is in talks with Kuwait Petroleum Corporation (KPC) for a new long-term supply of liquefied natural gas (LNG) to help meet rising demand for power …
LNG
As Legal Challenge for $12.5 Billion Gas Project Gets Dropped, First LNG Cargo on Track for 2026
Australia’s energy giant Woodside has struck a deal with the Australian Conservation Foundation (AFC) to ensure a two-year legal challenge, concerning a p…
Oil&Gas Drilling
Shelf Drilling’s Backlog Reaches $2.1 Billion With 33 Out of 36 Rigs Busy With Work
UAE-headquartered offshore drilling contractor Shelf Drilling has pushed its total contract backlog to $2.1 billion at the end of the second quarter of 2024. Th…

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Gas

South Sudan’s Nile Petroleum Assumes Control Over Former Petronas Oil and Gas Assets

Oil Tycoon Emmanuel Fritz Paret Acquires 150 Wells, 140 Million Barrels of Oil in Kentucky Reserve Deal

BP Electrifies 95% of Permian Wells, Boosts Production by 100,000 Barrels Daily

OMV Makes “Significant” Gas Discovery in Norwegian Sea, Estimates up to 140 Million Barrels

Eni Gets Approval to Develop Two Major Gas Fields in Indonesia’s Kutei Basin

Canada’s Gran Tierra Energy to Acquire British Oil, Gas Producer I3 Energy for $225 Million

New Grid Technology to Rid the World of the Most Potent Greenhouse Gas

Egypt Plans to Return Oil, Gas Production to Normal From 2025, PM Says

Mexico’s Pemex Gets Approval to up Investment in Deepwater Field Lakach by $400 Million

Vietnam to Select Investor for $2.5 Bln Nghi Son LNG Power Plant by October

Quantum Capital to Acquire Caerus Oil and Gas Assets for $1.8 Bln

Ghana Begins Construction of $12 Bln Petroleum Hub

Exclusive: Kuwait in Talks With Qatar for New 15-Year LNG Supply Deal From North Field

As Legal Challenge for $12.5 Billion Gas Project Gets Dropped, First LNG Cargo on Track for 2026

Shelf Drilling’s Backlog Reaches $2.1 Billion With 33 Out of 36 Rigs Busy With Work