Oil

Georgia

Georgia extends gas supply contract with Azerbaijan for 20 years

Georgia and Azerbaijan have signed a package of agreements in the energy and transport sectors during a meeting between Georgian Prime Minister Irakli Kobakhidz…

South Korea

Samsung Heavy Industries Secures $744M Order for Three LNG Carriers in Oceania

Samsung Heavy Industries Co. said on May 18 it has secured a 1.12 trillion-won (US$744.4 million) contract to build three liquefied natural gas (LNG) carriers.T…

United States

Gunvor signs long-term LNG supply deal with Delfin Midstream

Commodity trading house Gunvor has ​signed a long-term liquefied natural gas (LNG) sale and ‌purchase agreement with Delfin Midstream, it said in a statem…

Norway

Norway offers up to 70 new oil and gas drilling permits

Norway's ​government said on May 5 it is offering ‌70 new blocks for energy companies to explore for oil and gas in its annual licensing round as the ​co…

Czech Republic

Czech Republic plans to buy up to 2 bcm of gas a year from Azerbaijan

The Czech Republic plans to buy up to 2 billion cubic meters of natural gas from Azerbaijan annually, Supplies could begin in 2028-2029. Czech Industry and Trad…

Canada

Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output

Shell has agreed to buy Canadian energy company ARC Resources in a $16.4 billion deal, paid for mostly with shares, the British firm said on April 27.ARC will b…

Canada

Canada greenlights Enbridge gas pipeline expansion

April 24- Canada has approved a ‌C$4 billion ($2.93 billion) expansion of Enbridge's Westcoast natural gas pipeline system in British Columbia, the fir…

South Korea

South Korea, Vietnam agree to boost nuclear energy, high-tech cooperation

Vietnam and South ‌Korea's leaders agreed to boost cooperation in nuclear energy and high-tech at a meeting in Hanoi on April 22, as the two countries …

United States

Texan start-up targets disused oil wells for low-cost hydrogen extraction

Engineering firm Wood will work with start-up Eclipse Energy on producing hydrogen from disused oil wells using microbes at a target price of $0.5 per kilogramm…

Russian

Druzhba pipeline restarts Russian oil flows to Europe

Russian oil flowed through the Ukrainian section of the Druzhba pipeline on April 22 after a halt lasting months, officials ​said.Hungarian oil group said that…

Turkmenistan

Turkmenistan's president orders creation of state enterprise for Phase IV of Galkynysh gas field

Turkmen President Serdar Berdimuhamedov has signed a decree establishing the state enterprise Galkynyshgaz within the state-owned company Turkmengaz, the Neutra…

Indonesia

Italy's Eni makes major Indonesian offshore gas discovery

20 April – Eni announces a new giant gas discovery made by the Geliga‑1 exploration well, drilled in the Ganal block in the Kutei Basin, offshore Indonesia, a…

China

China and Turkmenistan sign deal to build phase four of Galkynysh gas field

Turkmenistan's state gas company and China's CNPC signed a deal on April 16 to build the fourth ​phase of Turkmenistan's Galkynysh gas field, which…

South Korea

Hyundai Electric builds Korea’s largest eco-friendly transformer

The HD Hyundai subsidiary said on April 16 the accomplished product will head to a substation in the United Kingdom operated by National Grid, a local utility c…

Greece

ExxonMobil, Energean to sign contract for first test gas drilling off Greece in years

U.S. oil major ExxonMobil, Energean and Helleniq Energy will sign ​a contract on April 14 with ‌Stena Drilling to start exploratory drilling in a western Gree…