Gas

Oil Pipeline
Phillips 66 Buys EPIC’s Permian NGI Midstream Assets for $2.2b
EPIC NGL is a fully integrated NGL system that connects gas processing plants in the Permian Basin and the Eagle Ford to EPIC’s fractionation complex in R…
Natural Gas
Ukraine Is Increasing Gas Production for the Second Year in a Row.
According to industry experts, in 2024 Ukraine increased gas production by 2.2% – to 19.12 billion cubic meters. The production growth rate in 2024 was hi…
Oil Pipeline
Azerbaijani Gas Transport via Tanap Hits Over 73 Billion Cubic Meters by 2024 Year-End
As of December 31, 2024, the total volume of Azerbaijani gas transported via the Trans-Anatolian Natural Gas Pipeline (TANAP) to Türkiye and Europe reached…
Oil Field
CNOOC Starts Production in Panyu Oilfield Project in South China Sea
CNOOC expects the project to reach about 13,600 boed in peak production this year.CNOOC Ltd. has put onstream the Panyu 11-12/10-1/10-2 Oilfield Adjustment Join…
Oil & Gas Trade
Iran, Russia May Sign Transport and Gas Cooperation Agreement - Ambassador
An agreement on transport and gas cooperation between Iran and Russia may be signed during the visit of Iranian President Masoud Pezeshkian to Russia on January…
Oil&Gas Drilling
SOCAR Enhances Safety Measures Amid Unstable Weather Conditions
Due to the sharp changes in weather conditions, including windy and unstable weather across the country, the "Azneft" Production Association of the State Oil Co…
Oil & Gas Trade
Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall
Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortf…
Oil Refinery
BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet
Emmanuel Addeh in Abuja BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, wa…
Natural Gas
KUFPEC Deal to Ensure Energy Security
Petroleum Exploration (Pvt) Limited (PEL) has acquired key energy assets from Kuwait Foreign Petroleum Exploration Company (Kufpec).This strategic move not only…
Oil & Gas Trade
Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US
Oil tankers dock at a floating platform, offshore from the southern Iraqi port cityThe US Energy Information Administration (EIA) announced on Saturday that Ira…
Oil Refinery
Oil Marketers Want FG to Privatise Kaduna, Warri Refineries
Oil marketers, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called on the Federal Government to privatise …
Gas power plant
Officials Approve Duke Energy’s Plan to Replace Coal With Gas-Fired Units
Regulators in North Carolina have approved Duke Energy’s plan to replace some of the utility’s coal-fired units with natural gas-fired generation.Th…
Natural Gas
Fixing Iran’s Gas Shortages Needs $45 Billion, Says Oil Minister
Iran needs $45 billion in investment to resolve its chronic winter energy deficit and worsening air pollution, the country's Oil Minister Mohsen Paknejad sa…
Oil&Gas Drilling
Noble Rig Lines up New Drilling Gig Offshore Australia
U.S. offshore drilling contractor Noble Corporation has landed a new assignment for one of its semi-submersible rigs with an undisclosed firm off the coast of A…
Oil Price
Oil Prices Post 3% Annual Decline
Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and …

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Gas

Phillips 66 Buys EPIC’s Permian NGI Midstream Assets for $2.2b

Ukraine Is Increasing Gas Production for the Second Year in a Row.

Azerbaijani Gas Transport via Tanap Hits Over 73 Billion Cubic Meters by 2024 Year-End

CNOOC Starts Production in Panyu Oilfield Project in South China Sea

Iran, Russia May Sign Transport and Gas Cooperation Agreement - Ambassador

SOCAR Enhances Safety Measures Amid Unstable Weather Conditions

Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall

BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet

KUFPEC Deal to Ensure Energy Security

Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US

Oil Marketers Want FG to Privatise Kaduna, Warri Refineries

Officials Approve Duke Energy’s Plan to Replace Coal With Gas-Fired Units

Fixing Iran’s Gas Shortages Needs $45 Billion, Says Oil Minister

Noble Rig Lines up New Drilling Gig Offshore Australia

Oil Prices Post 3% Annual Decline