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Oil & Gas Trade
BP Q1 Profits Slump to $2.7 Billion, Missing Forecasts
BP (LON:BP) reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower oil and gas prices and a…
Oil and Gas Equipment
Shell to Build Gas Distribution Infrastructure in Oyo, Signs 20-Year Deal
Shell Nigeria Gas (SNG) and the Oyo State Government have signed an agreement to develop a gas supply and distribution infrastructure that will deliver gas to i…
Oil Field
CNOOC Limited Announces Bozhong 19-6 Gas Field 13-2 Block 5 Well Site Development Project On-Stream
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Bozhong 19-6 Gas Field 13-2 Block 5 Well Site…
Oil & Gas Trade
Exclusive: Shell in Talks to Sell Malaysia Fuel Stations to Saudi Aramco, Sources Say
A Shell Petroleum signage is pictured in Malaysia's southern city of Johor Bahru April 26, 2017. REUTERS/Edgar Su/File Photo Purchase Licensing RightsEnergy…
Natural Gas
US Natgas Prices up 3% to 14-Week High on Rising Demand for LNG Feedgas
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. REUTERS/Angus Mordant/Fi…
Oil & Gas Trade
Algeria to Cancel Gas Deliveries to Naturgy if Shares Sold to Another Company, Source Says
The logo of Spanish energy company "Naturgy" is seen in its headquarters in Madrid, Spain, April 16, 2024. REUTERS/Susana Vera/File Photo Purchase Licensing Rig…
Crude Oil
US Has Sufficient Oil Supply Reserve to Address Any Supply Concerns, Biden Adviser Says
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil & Gas Trade
Russia Plans to Pipe 35 Bcm of Gas to China via Kazakhstan, Tass Reports
Russia plans to send some 35 billion cubic metres (bcm) of natural gas per year to China via Kazakhstan, the TASS news agency reported on Saturday citing Kazakh…
Oil&Gas Drilling
Conocophillips Reaches First Oil at Norway’s Eldfisk North Ahead of Schedule
ConocoPhillips Skandinavia has announced successful first oil production at its Eldfisk North project in the Norwegian North Sea.Located in the Greater Ekofisk …
Oil Price
Oil Climbs After Saudi Arabia Hikes Prices
A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022…
LNG
Exclusive: China's Sinopec in Talks for Gas Offtake, Stake in Canada's Cedar LNG
A man looks at models displayed at the booth of Chinese oil company Sinopec during the China International Fair for Trade in Services (CIFTIS) in Beijing, China…
Oil&Gas Drilling
Egyptian Oil & Gas Firm Books Jack-up Rig on 21-Month Drilling Gig in Gulf of Suez
ADES Holding Company, part of Saudi Arabia-headquartered oil and gas drilling services provider ADES Group, has secured a new drilling assignment for one of its…
Geothermal Power Project
Oil to Evaluate India Geothermal Potential in Arunachal Pradesh, Assam
Lake at Tawang, Arunachal Pradesh, India (source: TheSomdeep, CC BY-SA 4.0, via Wikimedia Commons)Oil India Limited (OIL) will be working with the Centre for Ea…
Oil Pipeline
Canada's Long-Delayed Trans Mountain Oil Pipeline Starts Operations
A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in B…
Oil & Gas Supply
Abu Dhabi's ADNOC Says Oil Production Capacity Reaches 4.85 Million Bpd
A general view ADNOC Headquarters lit up in the colours of the Russian flag in solidarity with Russia after a deadly attack at a Moscow concert venue, in Abu Dh…
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