Gas

Oil & Gas Trade

Axxis Geo Solutions finally pens OBN survey deal in the Middle East

Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has finally put pen to paper on a long-awaited final contract for a large OBN survey i…

Oil & Gas Trade

Bulgaria Starts Getting Transit-Free Russian Gas Via TurkStream

Bulgaria's Bulgargaz and Russia's Gazprom have agreed for Bulgaria to start receiving Russian gas directly from the TurkStream pipeline rather than through Roma…

Oil & Gas Trade

Petrofac Clinches Deals Worth £100m in Oman

Oilfield service firm Petrofac said today that it had clinched £100 million worth of work with Petroleum Development Oman (PDO).

Microgrid

Why Microgrids? The Evolving Energy Landscape

Concord Engineering Group’s Joe Sullivan walks readers through the evolving landscape that is bringing about energy independence. This shift involves a reshapi…

Microgrid

What Electrification of Transportation and Buildings Means to Microgrids

The energy industry is poised for what some describe as a sizable investment shift. Oil and gas lose, and power wins with the growing electrification of transpo…

Oil&Gas Drilling

U.S. offshore rig count drops to 23

The number of offshore rigs in the U.S. slipped to 23 units over the last week, according to weekly rig count reports released by Baker Hughes on Friday, Decemb…

LNG

Novatek secures Bukharinskiy license through Arctic LNG 1 unit

Russian oil and gas company Novatek has secured the rights to explore the Bukharinskiy license through its Arctic LNG 1 unit.

Oil & Gas Trade

Oil Regulator Seeks to Rationalize Natural Gas Pipeline Tariff

Presently, the country has a network of 16,981-km of pipelines, with each having a different tariff.

Oil & Gas Trade

U.S. Sanctions on Nord Stream 2 Affect Hurry-up Work

Any companies that rush to finish building a Russian natural gas export pipeline to Germany that came under U.S. sanctions this month risk being penalized, seni…

Distributed Generation

Energy-Storage may be the Key to Maximise Power Generation

Electricity generated by burning fossil fuels like coal and natural gas now constitutes nearly two-thirds of all power produced in the world.

Oil & Gas Trade

Putin & Merkel Agree to Keep Supporting Nord Stream 2 Project

President Vladimir Putin and Chancellor Angela Merkel have reiterated their support for the Nord Stream 2 natural gas pipeline from Russia to Germany, the Kreml…

Oil & Gas Trade

Gazprom, Ukrainian Companies Join Gas Talks in Vienna

CEO’s of Russia’s Gazprom and Ukrainian companies, as well as senior ministries officials have joined the gas transit talks in Vienna, a Gazprom spokesman tol…

Oil & Gas Trade

Iraq's Exports, Production not Affected by Halting Nassiriya Oilfield

Halting production from Iraq’s southern Nassiriya oilfield on Saturday by protesters will not affect the country’s exports and production operations, the oil …

Oil & Gas Trade

‘OPEC+ may Consider Ending Production Cuts in 2020’

The Organisation of Petroleum Exporting Countries and non-OPEC allies, including Russia, may consider ending their oil output curtailment deal next year in orde…

Crude Oil

Libya’s Largest Oil Refinery Faces Closure Amid Clashes

Libya’s national oil company said Saturday it may face closure because of clashes close to its refinery in the country’s western port. The NOC said in a state…