Gas

Oil & Gas Trade

U.S. Gives Iraq Sanctions Waiver for Vital Iranian Gas Imports

The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies, two Iraqi of…

Crude

Guyana to Export Its First Share of Oil in Coming Days: Official

Guyana is getting ready to export in the coming days the first cargo of Liza crude entitled to the government as share of the oil produced by a consortium led b…

USTDA and GE to Deliver 1,350 MW Gas-to-Power Plant in Nigeria

The US Trade and Development Agency (USTDA) has awarded a grant to NNPC Gas and Power Investment Company LTD (GPIC) to provide the technical, economic and finan…

Crude

Russia Still Elusive On Deeper OPEC+ Oil Production Cuts

Russia is still reviewing the recommendation of the OPEC+ technical panel for additional cuts of 600,000 bpd in response to the slump in oil demand over the cor…

Oil & Gas Trade

Russia Still Studying Proposed Deeper Opec+ Output Cuts: Novak

Russia is still studying proposed deeper oil output cuts by the Opec+ grouping of top producers prompted by the new coronavirus outbreak in China, Energy Minist…

Russian Oil & Gas Firms Plan to Invest $20 BILLION in Iraq’s Energy Industry

Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee a…

Crude

OPEC+ Panel Calls for More Oil Cuts on Coronavirus Impact

An OPEC, non-OPEC technical panel has recommended extending a current oil supply cut pact until the end of 2020 and more output reductions due to the impact of …

Hydrogen Investors Go All-in with Falling H2 Costs Within Their Sights

A global industry body said last month that the cost of the gas could be half as big in a decade.

LNG

Qatargas Signs LNG SPA with Kuwait

Qatargas has announced the signing of a new, long term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tpy of LNG to the State of Kuwait, …

Oil&Gas Drilling

Frontera Announces Discovery in Colombia

Frontera Energy Corporation provided an exploration update in relation to prospects in Colombia in the Lower Magdalena Valley, including its exploration joint v…

Oil & Gas Trade

Gas Forum a Diplomatic Opportunity for Israel

A new international organization was born in the Mediterranean on January 15. In parallel to the joint statement by the Israeli and Egyptian energy ministers on…

Oil & Gas Trade

Indonesia to Stop Gas Exports to Singapore in 2023

The Energy and Mineral Resources Ministry has decided to stop gas shipments to Singapore in the next three years to cater to domestic demand.

Nuclear Technology

GE Hitachi Nuclear Venture Enters NRC Licensing Phase for SMR Design

The next generation of nuclear energy, which is striving to keep the carbon-free thermal generation source relevant vs. gas-fired turbines and renewables, just …

Oil & Gas Trade

Algeria Seeks to Resume its Dominance in the Gas Market

While most of Europe fixated on the result of the UK General Election on 12 December 2019, Algerians also went to the polls in an equally hard-fought election r…

Myanmar Orders Fast-Track Gas Engine Plants to Beat Blackouts

The government of Myanmar has ordered two fast-track power plants to try to put an end to large-scale blackouts.