Gas

Mozambique

Total Secures $14.9 bn to Finance Mozambique Gas Project

French oil giant Total on Friday said it had signed a $14.9 billion financing agreement for a gas project in northern Mozambique.

Norway

Norway’s Oil Industry Is Beginning To Recover

Norway sees oil and gas activity picking up after the market turmoil and the health crisis earlier this year, the Norwegian Petroleum Directorate said in its fi…

Energy Technology

Canada Makes Huge Hydrogen Commitment

The Canadian Gas Association has said that Canada’s natural gas delivery industry is prepared to play a leadership role in the integration of hydrogen into Can…

Crude Oil

Eni to Accelerate Conversion of its Conventional Oil Refineries into Biorefineries

Initially planned to be completed in around thirty years, the transformation of Eni’s conventional oil refineries into biorefineries will be done over the next…

China

Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise

Oil was down on Thursday morning in Asia as OPEC announced the easing of production cuts after its Joint Ministerial Monitoring Committee meeting on Wednesday.…

Oil & Gas Trade

Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’

An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.

Kazakhstan

Kazakhstan to Fulfil its Obligations Under the OPEC+ Agreement

The ministry recalled that representatives of Kazakhstan told the OPEC+ secretariat that in the first 12 days of May there was an overproduction of oil in the c…

Biomass Power Plant

ETW Energietechnik Expands Biogas Plant with Regenerative Storage Power

Combined heat and power specialist, ETW Energietechnik, has expanded an agricultural biogas plant into a regenerative storage power plant.

Oil & Gas Trade

U.S. LNG Exports Will Fall to 25%

The average US LNG export volume in June was 3.6 billion cubic feet per day, and the average export volume in July.

Oil&Gas Drilling

Global Oilfield Services Under Pressure from Oil Price Drop

Exploration-focused oilfield service companies will face the largest demand decline as a result of oil and gas producers cutting their capex and operating expen…

Energy Technology

Wood Completes Designs for Scottish Hydrogen Project

Wood has completed preliminary engineering design work for gas network operator SGN’s Hydrogen 100 (H100) project on the west coast of Scotland.

Oil Field

Petrobras Reaches New Production Record at Búzios Field

Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.

Crude Oil

OPEC Adjusts Oil Demand to 8.9 Million bpd for 2020

The Organization of the Petroleum Exporting Countries, yesterday, revised downward its world oil demand in 2020.

Oil & Gas Trade

Venezuela Restarts Gasoline Output At Only Operating Refinery

Venezuela's state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world's largest oil reserves that is …

Thermal Plant

Wärtsilä Wins 200 MW Power Plant Contract

Project in Northern Andes nation will incorporate 11 50SG engines.