Oil

LNG Carrier

Race Against Time Begins as Euronav’s Former VLCC Heads to Decaying Fso Safer to Prevent Catastrophic Oil Spill

A very large crude carrier the Nautica, bought last month by the UN Development Programme (UNDP) from Euronav, as part of UNDP’s coordinated operation to …

Oil Exploration

Greenlight for vår Energi to Put Floatel Unit to Work at North Sea Field

Norwegian offshore safety regulator has given Vår Energi consent to deploy one of Floatel’s semi-submersible support vessels at a field in the North…

Oil & Gas Supply

India Revises Gas Pricing Mechanism With Link to Crude

India has approved a revised natural gas pricing mechanism under which domestically produced gas will be benchmarked to 10pc of global crude prices and revised …

Solar Power Plant

Totalenergies to Develop 1 GW Solar Power Plant in Iraq as Part of $27BN Ground-Breaking Energy Project Deal

The project is part of the Gas Growth Integrated Project (GGIP), which aims to enhance the development of Iraq’s natural resources and improve the country…

Biofuel

Introducing Biofuel Blends at UAE Fuel Stations Could Boost Sustainable Transport Push

The shiny new tanks at the Lootah Biofuels factory, nestled within Dubai Industrial City, are a sharp contrast to the grimy, greasy and well-worn ones you would…

Oil & Gas Trade

Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines

An oil tanker at the Sheskharis complex in Russia. The country has extended its 500,000 bpd cut until the end of the year. AFPOil posted a third weekly gain aft…

Oil & Gas Supply

Western Curbs on Russian Oil Products Redraw Global Shipping Map

Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictio…

Biofuel

Indonesia Faces Ethanol Feedstock Hurdle to Repeat Biodiesel Success

Indonesia, the world's biggest palm oil biodiesel user, is now working to introduce bioethanol mandates for gasoline to further cut fuel imports and carbon …

LNG

Tellurian Strikes $1 Bil Deal to Sell and Lease Back Land for Driftwood LNG Project

US developer Tellurian said it has signed a $1 billion sale and leaseback deal for the 800-acre property where it is developing its proposed Driftwood LNG termi…

Oil&Gas Drilling

Aker BP Gearing Up to Spin the Drill Bit off Norway

Norwegian oil and gas player Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the Norwegian Sea. The drilli…

Oil&Gas Drilling

Halliburton Backs Repsol With Well Construction Suite

Spanish oil company Repsol has implemented a well construction solution from Halliburton in order to automate and streamline its well design process.Illustratio…

Oil Pipeline

NCDMB Performs Groundbreaking of Pipe Manufacturing Plant at Polaku

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has performed the groundbreaking ceremony of a pip…

Natural Gas

IDC to Fund Kinetiko-Afro Energy JV for South Africa Gas Development

Australian firm Kinetiko Energy has announced that the Industrial Development Corporation of South Africa (IDC) has advanced R16,300,000 as part of its R70,000,…

Natural Gas

Totalenergies and the Iraqi Government Make Plans to Move Forward With Gas Growth Integrated Project

While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have, through exchanges in the pa…

Market Analysis

GECF Unveils 4th Annual Gas Market Report

Doha, QATAR – 5 April 2023: The Gas Exporting Countries Forum (GECF) is pleased to announce the launch of the fourth edition of its Annual Gas Market Report (A…