Gas

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…

Oil & Gas Trade

Oil Producer APA Explores $1-Billion Sale of Permian Assets, Sources Say

An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Photo Purchase Licensing RightsAPA Cor…

Oil & Gas Trade

Poland’s Orlen Reaches One-Year Deal for 6 Mln Tons of Oil From BP

Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo Purchase Licensing RightsPolish state-o…

PowerGrid Technology

Wärtsilä Signs Decarbonisation Agreement for Madagascan Power Plant

Technology group Wärtsilä’s renewal of its existing Operations and Maintenance (O&M) agreement with QIT Madagascar Minerals S.A (QMM), part of t…

LNG

BW LPG to Acquire 12 Very Large Gas Carriers for More Than $1BN

The transaction significantly expands BW LPG’s fleet. (Credit: Lens Envy/ Flickr)BW LPG has announced the acquisition of 12 modern Very Large Gas Carriers…

Oil&Gas Drilling

US Government Allocates $775M for Orphaned Oil and Gas Well Cleanup

DOI’s new $775m funding aims to address orphaned oil and gas wells across 21 states. (Credit: U.S. Department of the Interior)The US Department of the Int…