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Oil
LNG
India’s Latest LNG Import Terminal Receives Its First Shipment
India’s newest liquefied natural gas terminal has received its first shipment, taking the country a step closer to its goal of doubling the proportion of …
Oil Price
Price of Azerbaijani Oil Takes Nosedive
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by 91 cents on January 8 compared to the previous …
Oil & Gas Trade
Fuel Oil Leaks From Stranded Tanker Near Hokkaido Beach
The Sanwa Maru remains stranded on a reef about 20 meters from shore in Hakodate, Hokkaido, on Jan. 8.Fuel oil has leaked from a 3,919-ton tanker that ran agrou…
Oil Price
Oil Prices Edge Down for Second Day Straight on Rising US Fuel Inventories
Oil prices declined for a second day on Thursday after large builds in fuel inventories in the US, the world's biggest oil user, though expectations for inc…
Oil Pipeline
Turkstream Carries Over 104 Bln Cubic Meters of Gas in 5 Years
Over the course of five years, the TurkStream Natural Gas Pipeline transported a total of 104.1 billion cubic meters of gas, delivering Russian natural gas rese…
Oil & Gas Supply
Shell Flags Lower Gas Volumes, Weaker Trading to End 2024
Shell Plc said it saw lower volumes of natural gas and weaker earnings from trading the fuel in the final three months of 2024.The warning on Shell’s cruc…
Oil&Gas Drilling
Carigali Hess Enlisting Tanjung Offshore’s Maintenance Services
Tanjung Offshore Services, a subsidiary of Malaysia’s T7 Global, has won a service contract with Carigali Hess Operating Company, a joint venture between …
Biofuel
Indonesia Curbs Exports of Used Cooking Oil, Palm Residue to Help Domestic Users
A worker fills jerrycans with cooking oil at a distribution station in Jakarta, Indonesia, May 20, 2022.Indonesia has clamped down on exports of used cooking oi…
LNG
Philippines Encourages LNG Importers to Aggregate Buying
The Philippines is encouraging importers of liquefied natural gas (LNG) to voluntarily aggregate purchases of the super-chilled fuel in efforts to lower prices …
Natural Gas
India’s ONGC Engages BP to Boost Production in Largest Oil Field
A technician is pictured inside a desalter plant of Oil and Natural Gas Corp (ONGC) on the outskirts of Ahmedabad, India, September 30, 2016.India's top exp…
Oil Price
Azerbaijani Oil Approaches $80 Per Barrel
The price of a barrel of Azeri Light crude rose by $0.15, or 0.19%, settling at $79.63.Azeri Light crude oil reached its lowest level on April 21, 2020, at $15.…
Crude Oil
NDDC Seeks Stakeholders’ Cooperation to Develop N’Delta
The Niger Delta Development Commission (NDDC) has urged stakeholders to unite for the development of the oil-rich region. Its Executive Director of Finance and …
LNG
Pantheon Resources Hails Funding Partnership for Alaska LNG
loil and gas company focused on developing the Ahpun and Kodiak onshore oil fields in Alaska - Notes Monday's announcement from the Alaska Gasoline Developm…
Oil Field
SK Innovation’s Oil Exploration Subsidiary Continues to Expand Southeast Asian Businesses
SK Earthon's crude oil production platform operates at the Lufeng 12-3 oil site in block 17/03 located in South China Sea.SK Earthon, an oil exploration sub…
Nigeria
Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets
Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top m…
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