Gas

LNG

Exxon and Papua New Guinea should Return to LNG Negotiating Table

Exxon Mobil Corp and the Papua New Guinea government must return to the negotiating table so that a $13 billion expansion of gas production can proceed, the hea…

Oil & Gas Trade

U.S. Weighs Sanctions on Rosneft but is Wary of Oil Market Chaos

Officials at the Treasury Department worry that sanctions on Rosneft may drive up prices for oil, the people said.

Crude

Oil Falls 1% as Russia Needs Time to Mull more Opec+ Supply Cuts

Oil prices fell 1 per cent on Friday as Russia said it needed more time before committing to output cuts sought by other large producers while the coronavirus o…

Crude

Oil Climbs After Russia Backs Possible Output Cuts to Counter Coronavirus Impact

Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for cru…

Oil & Gas Trade

US DoE Aims to Double Oil and Gas Production Rates

Fossil energy secretary puts his faith in technological development to boost output and CCUS to ultimately reduce emissions.

Oil & Gas Trade

ExxonMobil Exports Second Crude Cargo from Guyana

Guyana’s second crude oil shipment left ExxonMobil’s Liza Destiny platform Wednesday and is heading to Panama.

Market Analysis

Total to Acquire 50% Stake in Solar Projects Held by Adani Green

French oil and gas group, Total, on Thursday said it has signed a deal with Adani Group, India's energy and infrastructure conglomerate, to acquire a 50 per cen…

GE to Add 253 MW to Côte d’Ivoire Gas Turbine Plant

GE is to carry out a 253 MW gas turbine extension to a power plant in Côte d’Ivoire which is expected to deliver 30 per cent of the country’s electricity.

Financial Close Reached for Expansion of Azito Gas-Fired Power Plant

A financial close has been reached to pave way for expansion of Azito gas-fired power plant in Côte d’Ivoire. Independent power producer Globeleq and IPS (Wes…

Thermal Plant

Kazakhstan Mulls Transfer of Thermal Power Station of Almaty into Gas

Minister of Ecology, Geology and Natural Resourses of Kazakhstan is considering transfer of the thermal power station-2 of Almaty city into a gas or installatio…

Oil & Gas Trade

Sinopec Provides Free Natural Gas for Makeshift Hospital in Wuhan

China Petrochemical Corporation (Sinopec), China's largest oil refiner, started to provide free natural gas Tuesday for Leishenshan hospital, one of the makeshi…

Oil Price

Oil Prices Jump 2% as Virus Vaccine Reports Spur Hope

Also supporting oil was news that the Organization of the Petroleum Exporting Countries (OPEC) and its producer allies were considering further output cuts to c…

Quadra’s 223 MW Voronezh Combined Cycle Plant Achieves Commercial Operation

Quadra Power Generation has announced that its Voronezh CHPP-1 combined-cycle power plant achieved the start of commercial operation, using four of GE’s SPRINT…

Crude

Rosneft Inks Deal with India’s Top Refiner on up to 2 MILLION Tons of Crude Supplies

The signing took place during Rosneft CEO Igor Sechin’s visit to New Delhi.

Oil & Gas Trade

US says Cyprus has Key Role in East Med Energy

Washington believes Cyprus has a key role to play in East Med energy supply but warned all sides not to create further instability in the region as tensions run…