Gas trade

Oil & Gas Trade

Caterpillar Oil & Gas Announces New CCV System To Reduce Engine Methane Emissions Up To 20%

Caterpillar Oil & Gas has announced the launch of the Cat® Closed Crank Ventilation (CCV) System, a technology designed to eliminate the venting of crankcas…

Oil & Gas Trade

Int'l Petroleum Expo Concludes In Abu Dhabi With Record-breaking Attendance

The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2024 concluded here on Thursday with record-breaking attendance and multi-million-dolla…

Oil & Gas Trade

Golar, BP Advancing Commissioning Of FLNG Gimi For Gta Gas Project

Golar LNGhas reached an agreement withbp, operator of the Greater Tortue Ahmeyim (GTA) development offshore Mauritania and Senegal, and partnerKosmos Energy, on…

Oil & Gas Trade

Shell Wins Appeal in Dutch Climate Suit

The Hague Court of Appeal on Tuesday agreed with Shell PLC that the company could not be legally forced to set a specific emissions target, overturning a 2021 r…

Oil & Gas Trade

Deepocean And Exceed Partner For Vessel-based P&A

Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well pl…

Oil & Gas Trade

Coterra To Buy Permian Shale Assets In $4 Billion Deal

Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billi…

Oil & Gas Trade

Ineos-led Project Greensand And Royal Wagenborg Sign Agreement On Co2 Carrier

Today, in the presence of HM King Willem-Alexander of the Netherlands and HM King Frederik of Denmark INEOS and Royal Wagenborg have signed a landmark agreement…

Oil & Gas Trade

Hilcorp Bags $1b Permian Deal

This move aligns with Exxon’s aggressive shift toward higher-margin shale plays following its recent $60 billion acquisition of Pioneer Natural Resources.…

Oil & Gas Trade

Exxon, Eni Award EPC, FEED Contracts To Revive Mozambique’s LNG Ambitions

While liquefied natural gas (LNG) projects in Mozambique seem to have stalled since TotalEnergies declared force majeure in April 2021 on its $20-billion Mozamb…

Oil & Gas Trade

QatarEnergy to Acquire 23 Percent Stake in Block Offshore Egypt

Chevron Corp. has agreed to sell a 23 percent interest in the North El-Dabaa (H4) Block on the Egyptian side of the Mediterranean Sea to QatarEnergy.This agreem…

Oil & Gas Trade

Devon Raises 2024 Projected Production

United States producer Devon Energy Corp. has bumped up its output guidance for 2024 to between 811,000 and 830,000 barrels of oil equivalent a day (boed), supp…

Oil & Gas Trade

Sabic Opens Ultem™ Resin Manufacturing Facility In Singapore

SABIC, a global diversified chemicals company, has officially launched its new $170-MM (S$220-MM) ULTEM™ resin manufacturing facility in Singapore, markin…

Oil & Gas Trade

Woodside Contracts Winyama For Pluto Train 1 Modifications Project

Winyama will collaborate with Kellogg Brown & Root, Woodside’s EPCM contractor for the project.This partnership is expected to enhance Winyama’s bus…

Oil & Gas Trade

ADNOC Awards $196.2m Manufacturing Contracts

ADNOC has awarded contracts worth $196.2m to 11 companies to boost local manufacturing of diverse products across its value chain as part of the ICV programme.T…

Oil & Gas Trade

Petrobras Posts $7.6% Increase In Net Income In Q3 2024

Brazilian national oil and gas company Petrobras has reported a 7.6% increase in net income for Q3 2024, reaching $5.87bn (33.85bn reais) from $5.54bn in the sa…