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Gas
Oil & Gas Trade
Oil Surges 5% Falling Crude Output
Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains.
Oil&Gas Drilling
U.S. Rig Count Plunges Again
The number of operating U.S. oil and gas rigs plunged again this week in its twelfth week of losses, according to Baker Hughes.
Oil&Gas Drilling
UAE's ADNOC to Cut July Crude Nominations by 5% After OPEC+ Pact
State-run Abu Dhabi National Oil Company (ADNOC) has informed customers of a cut in its crude oil nominations for July in line with a decision by OPEC+ last mon…
New BP America President and Chairman Named
London-based BP PLC, which has its U.S. headquarters in Houston, announced May 28 that David C. Lawler will be the next chairman and president of BP America Inc…
Oil & Gas Trade
CNOOC Waives Pre-Emption Rights on Delayed Ugandan Oil Project
Chinese state oil giannt CNOOC has waived its right to pre-empt the sale of a major oil field farm-out deal in Uganda to France's Total, project partner Tullow …
Crude Oil
China, India Soak Up Oil from Floating Storage as Demand Recovers
The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analyst…
Oil&Gas Drilling
ConocoPhillips Receives Consent to Use Valaris rig for Ekofisk Wells
Oil and gas exploration company ConocoPhillips has received consent from the Norwegian offshore safety watchdog Petroleum Safety Authority (PSA), to use a Valar…
Oil&Gas Drilling
Saipem and Equinor Sign Major Engineering Services Pact
Norwegian energy firm Equinor has awarded Italian oilfield service company Saipem a two-year frame agreement to provide engineering services globally.
South African Petroleum Body Warns of Diesel Shortage
The South African petroleum industry association said South Africa was running low on diesel.
Combined Heat and Power
Wärtsilä's Gas Engine Technology to Advance Spanish CHP Market
Rofeica Energia, based in Barcelona, Spain, has ordered a Wärtsilä 34SG gas-fuelled engine generating set, enabling the company to secure its future in Spain'…
Gas Turbine
Doosan Škoda Installs Uruguay's First Combined Gas-Steam Cycle Plant
Doosan Škoda strength has been successfully installed and launched the output of 200 mw steam turbine.
Crude Oil
Oil Drops on Worse than Feared Rise in U.S. Fuel Stocks
Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recover…
Electricity and gas supply year 2021
Contract notice: Electricity and gas supply year 2021
LNG
US to Become LNG Swing Producer as Capacity Utilisation Declines
Gas prices have been trading in the negative in recent months.
Oil & Gas Trade
Russia Overtakes Saudi Arabia as the Largest Oil Exporter to China
Russia last month overtook Saudi Arabia as China's biggest supplier of crude oil, exporting 1.75m barrels a day to China on average, compared with Saudi Arabia'…
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