Oil

Oil Pipeline

Ecuador Halts Sote, Ocp Oil Lines After Landslide

State-owned PetroEcuador and private consortium OCP Ecuador stopped operations on the country's two major crude pipelines today as a preventative measure be…

Oil Price

Oil Steadies Amid Concerns of Further Interest Rate Raises

Russia could extend output cuts depending on market situation, Deputy Prime Minister says

LNG

Germany and Belgium to Increase Energy Links With Three New Projects

Image: Belgian Prime minister Alexander De Croo (r) and German chancellor Olaf Scholz (l) meet at the Belgian-German Energy Summit to set priorities on energy c…

Oil&Gas Drilling

Valaris Awarded 330-Day Contract Extention by Shell Nigeria for Valaris Ds-10

Valaris has been awarded a 330-day priced option exercised by Shell Nigeria Exploration and Production Company (SNEPCo) offshore Nigeria for drillship VALARIS D…

Oil Pipeline

TotalEnergies awards TechnipFMC subsea contract offshore Africa worth up to $250 million

TechnipFMC has been awarded a significant contract to supply flexible pipe and associated hardware for the first subsea life extension project by TotalEnergies …

Energy Security

Suncor Gives All-Clear After Incident at Its Commerce City Refinery in Colorado

CALGARY — Suncor Energy Inc. has given the all-clear after responding to a vapor leak at its Commerce City refinery in Colorado.The Calgary-based energy compan…

Energy Security

‘No Excuse’: IEA Tells Fossil Fuel Industry Over Methane Leaks

California Governor Brown on 6 January 2016 declared state of emergency over a gas leak at Porter Ranch storage field, more than two months after the leak state…

LNG

Perenco Achieves Fid for Gabon LNG Facility

Independent oil and gas company, Perenco, has announced that it has taken a final investment decision for a 700,000-ton Liquefied Natural Gas facility in Gabon,…

Natural Gas

Armour Signs Gas Supply Heads of Agreement

The HOA contemplates the sale of gas produced from the Glyde Field from production startup (mid-CY2025) for 14 years through to the end of CY2039 providing fuel…

Natural Gas

Market Insights on Coal Bed Methane Covering Up-To-Date Key Trends

The coal bed methane market size is anticipated to rise from US$ 18.72 Bn in 2022, and it is anticipated to surpass US$ 30.78 Bn by 2032. The demand for coal be…

Natural Gas

SENEGAL: Dakar turns to gas and inaugurates a power plant in Malicounda

The 120 MW Malicounda power plant, built under a public-private partnership (PPP), was recently inaugurated. Its construction is part of the Senegalese authorit…

Oil & Gas Trade

GLOBAL MARKET FOR OILFIELD SERVICES CONTRACTORS TO REACH $1 TRILLION IN 2025

(Source: Rystad Energy – Image: Frack operation in the Permian Basin/Lorne Matalon)Rystad Energy expects the global market for oil and gas contractors to …

Coal Mine

Rystad Energy: Fossil Fuel Emissions to Peak Within Two Years

The inflection point for fossil fuel carbon dioxide (CO2) emissions is nigh, with emissions on track to peak by 2025, according to Rystad Energy research and an…

LNG

How to fast-track FSRUs safely and efficiently

Coral Favia at the floating LNG terminal in Lubmin (source: DRG Sebastian Frauenlob)With rising demand for LNG imports, there has been a ramp up in need for fas…

LNG

Svanehøj provides tank gauging system to Venture Global LNG

As the US strives to meet the growing demand for LNG in Europe, more LNG tanks are required. Svanehøj France has provided safety instrumentation and soft…