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Gas supply
Crude Oil
OPEC+ Agrees to Stick to Oil Output Targets Amid Improving China Outlook
Opec's headquarters in Vienna. APThe Opec+ alliance of 23 oil-producing countries has agreed to roll over its existing oil output cuts as the fuel demand ou…
LNG
Mayer Brown Advises Itochu Corporation in 15-Year LNG Sale and Purchase Agreement With Rio Grande LNG LLC
Singapore, 31 January 2023 – Mayer Brown advised Itochu Corporation in connection with a 15-year Liquified Natural Gas (LNG) sale and purchase agreement with R…
LNG
Wärtsilä Supplying LNG Container Ships
Kota Capar, one of Pacific International Lines's container vessels. (Image: Pacific International Line)Wärtsilä will supply systems for four new 8…
Oil & Gas Trade
U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President
United Arab Emirates' Industry Minister Sultan Ahmed Al Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu …
LNG
GTT Receives New Tank Design Orders for Two LNG Carriers
Chinese shipyard Dalian Shipbuilding Industry & Co (DSIC) has ordered the tank design of two liquefied natural gas carriers (LNGC) from French LNG containment s…
Africa Energy
Cameroon Plans to Halve Fuel Subsidies
The Cameroonian government plans to halve fuel subsidies in 2023. Indeed, the authorities are expected to allocate for the subsidies in 2023 only half of the XA…
Oil & Gas Trade
Colombia Will Not Issue New Oil and Gas Exploration Contracts
The Colombian Ministry of Mines has announced that Colombia would not issue new oil and gas exploration contracts, and will now rely on tourism and green energy…
Natural Gas
Sonatrach Eni: Sign Two Strategic Agreements on Increasing Natural Gas Supply and Reducing Emissions
Toufic Hokkar, president and CEO of Sonatrach Group, and Claudio Descalzi, general manager of Eni, signed two strategic memorandums of intent in Algiers on Mond…
Natural Gas
Turkmenistan Resumes Gas Supplies to Uzbekistan
TASHKENT, Jan 23 (Reuters) - Turkmenistan resumed gas supplies to Uzbekistan on Jan. 21 and their volume is gradually rising, Uzbek pipeline operator Uztransgaz…
Oil Exploration
All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Shelf Drilling’s jack-up …
Oil & Gas Trade
Global Oil Demand Will Surge to Record This Year as China Reopens, Iea Says
A drilling platform at Norway's giant offshore Johan Sverdrup field.Global oil demand will surge to a record this year following the end of coronavirus rest…
Africa Energy
Mele Kyari Says Nigeria Can Hit 2.2 MB/D Crude Oil Production in 2023
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, has said that the country can achieve a 2.2 million bar…
OPEC
Again, Oil Production Falls Short of OPEC Quota by 0.57MBPD
Nigeria’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per day but remained significantly shor…
Oil Field
Petronas Awards Banang Oilfield Prize
Petra Energy secures extension for offshore assetPetronas has extended until August 2024 Malaysian contractor Petra Energy’s contract covering production,…
Oil & Gas Supply
Namibia and Equatorial Guinea Youth-Focused Local Content, Gas Monetization a Boost for Intra-African Energy Growth
Following an agreement forged during the Namibian International Energy Conference in 2022, a youth training initiative launched by Namibia and Equatorial Guinea…
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