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Gas
Geothermal Power Plant
Fervo Energy Raises $244M for Geothermal Deployment
(Credit: Fervo Energy)Fervo Energy announced that it has raised $244 million in new funding led by Devon Energy, meant to enable Fervo’s next phase of gro…
Oil Price
Indian Government Hikes Windfall Tax on Petroleum Crude
A man pours petrol into an underground tank at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing RightsTh…
Oil & Gas Trade
UAE's ADNOC Closes Acquisition of 24.9% Stake in Austria's OMV
Abu Dhabi National Oil Company (ADNOC) said on Thursday it has formally closed the acquisition of a 24.9% stake in Austrian oil and gas group OMV (OMVV.VI), ope…
Oil & Gas Trade
Trinidad and Tobago Extends Deadline for Shallow-Water Oil and Gas Auction
Trinidad and Tobago on Thursday extended by almost two months a deadline to submit bids for an auction of shallow-water oil and gas blocks, the government said.…
LNG
Totalenergies Inks 16-Year LNG Supply Deal with Sembcorp
French energy major TotalEnergies and Sembcorp Fuels, a wholly-owned subsidiary of Singapore-based Sembcorp Industries, have signed a sale and purchase agreemen…
LNG
EPS Inks Deals for Four Ammonia Dual-Fuel Bulkers, Two LNG Dual-Fuel Tankers
Singapore-based ship management company Eastern Pacific Shipping (EPS) has signed contracts with subsidiaries of China State Shipbuilding Corporation (CSSC) in …
LNG
Global LNG Demand Seen Rising in 2024 From China, Europe
Model of LNG tanker is seen in front of China's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/Files Purchase Licensing Right…
Oil & Gas Trade
Pertamina to Intensify Exploration in Indonesia's East Amid Higher Oil, Gas Output Targets
Indonesia's state energy company Pertamina wants to intensify its exploration efforts in the country's eastern regions, a senior official said on Wednes…
Oil Price
Cuba Reschedules Five-Fold Retail Fuel Price Hike for March 1
People stand in line with their cars to fill up on fuel after Cuba's government put off a five-fold increase in gasoline prices planned for February 1 due t…
LNG
BP Plans to Invest $1.5 Billion in Egypt Gas Projects
Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing Rights…
Oil & Gas Trade
Russia's Novak Rules Out Diesel Export Ban
Deputy Prime Minister of Russia Alexander Novak walks at the Organisation of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 5,…
Natural Gas
Bangladesh Raises Gas Prices for Power Plants
Bangladesh has raised gas prices for power plants by 0.75 taka ($0.0068) per unit to ease the subsidy burden, the energy ministry said on Tuesday, effective fro…
LNG
Republic of Congo Debuts First Liquefied Natural Gas (LNG) Carrier, Paving the Way for Major Gas Exportation
The launch of the Republic of the Congo's first LNG carrier, emerging from the nation's premier Congo LNG Project, showcases the country's firm dedi…
Coal Production
China to Build Hydro and Gas, Upgrade Coal Fleet for a More Flexible Power System
Electrical pylons and power lines are seen in Yanqing district of Beijing, China December 17, 2021. REUTERS/Tingshu Wang/File Photo Purchase Licensing RightsChi…
Oil&Gas Drilling
Mubadala Working on Expanding Gas Production at Malaysia's Pegaga Field -Exec
Mubadala Energy is working on expanding production capacity at the Pegaga gas field off the coast of Sarawak, Malaysia, Chief Operating Officer Stefano Raciti s…
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