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Gas
Natural Gas
NUPRC to Launch New Oil Licensing Round in 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025.NUPRC Chief Executive Officer …
Oil & Gas Trade
Oil Prices up With Fed Rate Cut Hopes, Us Demand Surge
Oil prices increased on Wednesday ahead of a possible rate cut decision from the US Federal Reserve (Fed) and data indicating a rise in oil demand in the US, th…
Oil&Gas Drilling
Transocean Drillship Gets $111 Million to Stay Longer at Drilling Gig Offshore India
Switzerland-based offshore drilling contractor Transocean has secured a multi-well contract extension for one of its drillships off the coast of India.Reliance …
Oil & Gas Supply
OPEC+ Wary of Rise in US Oil Output Under Trump
Opec+ members are contemplating a renewed rise in US oil output when Donald Trump returns to the White House, delegates from the group said.More US oil would fu…
Natural Gas
Iran Boosts Oil, Gas Output Amid US Crackdown on Sales
Iran’s oil and gas output has ramped up over the past three months, Deputy Oil Minister Hamid Bovard said on December 18, as the country is poised to face…
Natural Gas
OGDCL Begins Oil & Gas Production From Hyderabad
Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, has commenced production of oil and gas from its Ku…
Natural Gas
EnQuest Gets Nod to Boost Gas Production at Field Offshore Malaysia
EnQuest Petroleum Production Malaysia, a subsidiary of London Stock Exchange-listed energy player EnQuest, and its partners in a production sharing contract (PS…
United States
Pacific Gas & Electric Scores $15B Conditional Loan to Expand Hydropower, Battery Energy Storage, and Transmission
California utility Pacific Gas & Electric Company (PG&E) has a pretty ambitious wish list this holiday season, but fortunately, the U.S. Department of Energy’s…
Natural Gas
PTTEP Appraising ‘Remarkable’ Offshore Oil and Gas
Thailand’s national upstream company PTTEP is appraising its Chenda discovery on Block SK 405B offshore Sarawak, East Malaysia, for which it expects to co…
Natural Gas
Gas Prices in Midland-Odessa Drop to Their Lowest Levels in Three Years
Usually, conversations around gas prices center on why they’re rising and how national and global economic factors in the oil and gas industry contribute …
Crude Oil
China Boosts Oil Inventories With Jump in Crude Imports
China’s crude oil imports soared in November, but most of the increase in purchases likely went to boosting stockpiles, data compiled by Reuters columnist…
LNG
Germany to Shut Down Key LNG Terminal in 2025
Germany will shut down its Wilhelmshaven LNG terminal in the first quarter of 2025, with government-owned operator Deutsche Energy Terminal GmbH (DET) announcin…
Oil Exploration
Kosmos Energy Confirms Takeover Talks With Tullow Oil
US oil and gas player Kosmos Energy has confirmed that it is in preliminary discussions to take over the UK-based independent exploration firm Tullow Oil.Both c…
Oil Field
OGDCL Revives Heavy Oil Well in Punjab, Boosts Production by 67%
Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has successfully revived a heavy oil well at its R…
Natural Gas
Drillship for East Sea Gas Exploration Arrives at First Drilling Site
A drillship participating in a major gas and oil development project in the East Sea arrived at its first drilling site Tuesday, as it prepares to begin explora…
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