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Gas
FLNG
Samsung Heavy’s Deepwater FLNG Design Wins Triple Blessing
Samsung Heavy Industries (SHI), based in South Korea, has secured approvals in principle (AiP) for its multi-purpose LNG floater-offshore (MLF-O) standard model…
Natural Gas
Occidental Reports Quarterly Profit Beat on Strong Output, Natural Gas Prices
Occidental Petroleum announced on Wednesday that its first-quarter profit for 2025 exceeded Wall Street expectations, driven by robust production and favorable …
Oil Price
Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite
On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million)…
Crude Oil
Exxon Plans $1.5 Billion Investment in Nigerian Oilfield
ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…
Gas turbine engine
Manufacturer Linamar Contracts Caterpillar Gas-Fired Gen-Sets for Ontario Sites
Linamar Corp., a manufacturer of automotive and medical technology parts, has partnered with Caterpillar and Alectra Energy Solutions to power several of its Ca…
Natural Gas
Permitting Starts for Netherlands’ Third LNG Terminal
Dutch energy infrastructure company VTTI and Norwegian LNG carrier and floating storage and regasification unit operator Höegh Evi have initiated the permi…
Crude Oil
Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows
Mexican state oil company Pemex significantly increased its crude oil exports to Cuba in 2024, boosting shipments by nearly 20%, according to a company filing r…
Crude Oil
Norway Parliament Orders Restart to Frontier Oil and Gas Exploration Licensing
On Tuesday, the Norwegian parliament directed the Labour minority government to initiate a new licensing round for oil and gas exploration in frontier areas, pa…
Combined cycle power plant
Contracts Signed for 1000MW CCGT Plant in Hungary
A consortium of Ansaldo Energia and Turkish conglomerate Calik Holding has signed an engineering, procurement, and construction (EPC) contract for the Tisza&uac…
Oil Field
BW Energy Greenlights Maromba Field Development, Offshore Brazil
BW Energy has finalized its investment decision for the Maromba field development offshore Brazil, located 100 km off the coast in the Campos Basin. The project…
Natural Gas
Totalenergies Breaks Ground on Middle East’s First LNG Bunkering Hub
TotalEnergies, a French energy company, and Oman’s OQ Exploration and Production have begun construction of the Marsa LNG plant at the port of Sohar, Oman…
Crude Oil
With Brazilian Oil Project Approved, BW Energy Sets Sights on Doubling Output by 2028
BW Energy, an Oslo-listed oil and gas exploration and production company, has approved the final investment decision for the Maromba field development in the Ca…
Coal Production
House Committee Proposes Changes to Boost US Oil, Coal on Federal Lands
On Tuesday, the House Natural Resources Committee will review proposed changes to U.S. oil and gas drilling programs as part of a budget reconciliation bill. Th…
Natural Gas
Austria’s OMV Expects Gas Production in Neptun Deep Project to Start in 2027
Austrian energy company OMV announced on April 30, 2025, that gas production from the Neptun Deep project in the Black Sea is scheduled to begin in 2027. The pr…
Natural Gas
French Firm Wins Work On Qatarenergy’s Giant Gas Field Expansion Project
Larsen & Toubro Limited (L&T), an Indian company, has awarded a detailed engineering design contract to Technip Energies, a French engineering firm, for an offs…
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