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Oil
Natural Gas
Qatar Energy 2023 Profit Drops 32% as Gas Prices Cool
Qatar Energy on Tuesday reported 101.9 billion riyals ($27.96 billion) in net profit for 2023, down 32% from 2022 when gas prices surged following Russia's …
Oil Price
Hedge Funds Rebuild Oil Position After OPEC⁺ Round Trip
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard …
Oil & Gas Trade
Iran Inaugurates 17 New Oil, Refining, Petrochemical Projects
TEHRAN, Jun. 25 (MNA) – In a significant boost to the country's energy infrastructure, Iran has officially inaugurated 17 major oil, refining, and pet…
Gas Pipeline
OB3 Gas Pipeline Project to Facilitate 2.2b Gas
In yet another major step towards boosting nationwide gas supply to drive industrialisation and economic growth, the Nigerian National Petroleum Company Limited…
Natural Gas
Japanese Trading House Mitsui Buys Shale Gas Asset in Texas
Japanese trading house Mitsui & Co. Ltd bought a shale gas asset in Texas that it seeks to bring to full-scale development after 2026.Mitsui’s US-based su…
Oil & Gas Supply
Nigeria's Aiteo Resumes Production After Leak at 50,000 Bpd Oilfield
Nigerian energy firm Aiteo has resumed production after stopping an oil leak at its nearly 50,000 barrels per day (bpd) Nembe field earlier this week in souther…
Oil & Gas Trade
Oil Majors Commit $127B to Latin America's Untapped Reserves
Amid the shifting energy landscape, international oil majors have committed a significant $127 billion to Latin America.Collectively, they plan to invest this a…
Ammonia
ADNOC Claims World's First Delivery of Bulk CCS-Enabled Ammonia
Abu Dhabi National Oil Co. said it has completed the globe’s first certified bulk commercial shipment of ammonia utilizing carbon capture and storage (CCS…
LNG
China's Wison New Energies to Quit Russian Projects in Blow to Arctic LNG 2
Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects, and will immediately and indefinitely stop taking an…
Gas Power Stations
Enchanted Rock Delivers 148 MW of Gas-Fired Power for California Water Districts
Turlock Irrigation District. Image credit California Ag Today/Fresco County Farm BureauMicrogrid developer Enchanted Rock is providing 148 MW of fast-response, …
Oil & Gas Trade
India's May Oil Imports: Russia at Record High, Saudi Lowest in 10-Mth
A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo Purchase Licensing RightsIndi…
Offshore Wind Power
Totalenergies, Enbw Win in $3.2 Billion Offshore Wind Site Auction
The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, …
Biofuel
BP Plans Foray Into 2G Ethanol, Sustainable Jet Fuel With Brazil Base
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…
LNG
Malaysia's Genting Signs $1.3 Billion Deal for Floating LNG Facility With Chinese Firm
(From left) Genting COO Tan Kong Han, Genting chairman and CEO Lim Kok Thay and Wison chairman Liu Hongjun at the press conference. PHOTO: THE BUSINESS TIMESGen…
Renewable Energy
Putin Says Russia Is Keen to Partner With Vietnam in Energy and Security
Russian President Vladimir Putin attends a Press briefing with Vietnamese President To Lam (not pictured), at the Presidential Palace in Hanoi, Vietnam, Thursda…
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