Gas

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…

CCS

Japanese Players Join Forces to Expedite CCS Project Development

Japan’s Inpex Corporation and Kanto Natural Gas Development have formed a joint venture, named Metropolitan CCS JV, to advance research and planning for a…

Oil Price

Oil Prices Steady as Market Awaits Fresh US Tariffs

U.S. oil prices showed some stability after falling earlier in the week amid concerns about new tariffs from President Trump. Brent futures dipped slightly to $…

LNG

US LNG Exports Soar in March on Ramp up of Plaquemines Plant

The United States set a new record for liquefied natural gas (LNG) exports in March, shipping out over 9 million metric tons (MT) of the superchilled fuel, acco…

Natural Gas

Argentina Starts Gas Exports to Brazil Through Bolivia

Argentina successfully exported gas from its Vaca Muerta shale formation to Brazil for the first time, utilizing a network of Bolivian pipelines. This milestone…