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Gas
Natural Gas
Marienergies Discovers Significant Gas Reserves at Mari Ghazij-1 Well in Sindh, Pakistan
MariEnergies has revealed a notable gas find at the Mari Ghazij-1 exploration well, located in the Mari Development & Production Lease (Mari D&PL) area in Sindh…
Oil Price
Azerbaijani Oil Decreases in Price
Wedoany.com Report-Apr. 8, On April 7, the price of Azerbaijan’s Azeri Light crude oil dropped by $1.5 (2.15%) on a CIF basis at the Italian port of Augus…
Crude Oil
Ring Energy Closes Acquisition of CBP Assets From Lime Rock
Ring Energy, Inc., a Texas-based company, has finalized its acquisition of Central Basin Platform (CBP) assets from Lime Rock Resources IV LP in the Permian Bas…
Natural Gas
Shell Cuts Gas Output Guidance on Unplanned Maintenance
Shell Plc, a London-based energy company, has revised its outlook for the first quarter of 2025, expecting lower natural gas production and LNG volumes than pre…
Natural Gas
BP, Repsol Start Production at Cypre Gas Project in Trinidad
BP PLC announced on Monday that the Cypre field, located 78 kilometers off Trinidad and Tobago’s southeast coast, has begun production. Situated in the Ea…
Oil Refinery
China Teapot Oil Refiners Improve Run Rates but Demand Woes, Sanctions Weigh
Operating rates at China’s independent oil refiners in Shandong province, often called teapots, have recently increased slightly, reaching 46% capacity in…
LNG
‘World’s First Net-Zero LNG Export Facility’ Shaping up in Canada as $5.1b Project Forges Ahead
Woodfibre Management, a Canadian company based in Vancouver, is advancing its liquefied natural gas (LNG) export project along the southwest coast of British Co…
Coal-Fired Power Plants
Pennsylvania Coal Plant to Transform Into 4.5GW Gas-Powered Plant
In Pennsylvania, USA, the former Homer City generating station, once the state’s largest coal-powered facility, is being transformed into the Homer City E…
Oil Price
Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low
On Sunday, Saudi Arabia, a leading global oil exporter, reduced crude oil prices for Asian buyers for May deliveries, setting them at the lowest level in four m…
LNG
Australia’s Woodside Energy to Sell 40% Stake in Louisiana LNG Project to Stonepeak
On Monday, Australian energy company Woodside Energy announced plans to sell a 40% stake in its Louisiana LNG Infrastructure project to Stonepeak, a U.S.-based …
Microgrid
Crowley Unveils LNG Microgrid Plan at San Juan Logistics Hub
Crowley, a U.S.-based company specialising in maritime, energy, and logistics solutions, will install a liquefied natural gas (LNG)-powered microgrid at its Isl…
Oil & Gas Trade
China’s CNOOC Exits U.S. Offshore Oil and Gas
British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April …
Gas power plant
GE Vernova to Supply Turbines by 2026 for Planned Natgas Power Plant in Pennsylvania
GE Vernova, a key energy equipment provider, will supply seven turbines to transform the former Homer City Generating Station in Pennsylvania from a coal-powere…
Crude Oil
Mexico’s Finance Ministry Estimates Crude Oil Production 129,000 Bpd Below Target
Mexico has adjusted its crude oil production forecast for 2025, reducing the estimate by 129,000 barrels per day (bpd). The finance ministry announced this chan…
Methane
Avenir’s Bunker Vessel to Continuously Run On Bio-LNG in 2025
Avenir LNG, a provider of LNG bunkering services, has announced that its vessel Avenir Ascension, built in 2022, will operate on bio-LNG for the rest of 2025. S…
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