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Oil & Gas Trade
Italy’s Eni Signs $8 Billion Libya Gas Deal as PM Meloni Visits Tripoli
Eni Chief Executive Claudio Descalzi and National Oil Corporation (NOC) head Farhat Bengdara attend the signing of an agreement between the two companies as Ita…
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…
Oil Field
Tullow Updates Performance of TEN and Jubilee Fields Over 2022
In its recent operational update, Tullow Oil reports that production from both the Jubilee and TEN fields realized over 97% operational efficiency and provided …
Geothermal Power Plant
Geothermal ‘Battery’ Repurposes Abandoned Oil and Gas Well in Illinois, Researchers Report
A conceptual schematic of the type of advanced geothermal energy storage system demonstrated in this study. Credit: Tugce Baser and Renewable EnergyResearchers …
Natural Gas
US Issues Licence to Trinidad to Develop a Venezuelan Offshore Gas Field
The US Treasury Department has granted a licence to Trinidad and Tobago to develop the 350 mcf/d (3.6 bcm/year) Dragon natural gas field, located in Venezuelan …
Hydrogen Fuel Cell Vehicle
Marinetrans New Sponsor of Tu Delft Hydro Motion Team
Supporting hydrogen propulsion and foiling technologies development to reduce emissionsInternational maritime logistics provider Marinetrans is now partner of t…
Solar Power Plant
Cepsa Will Develop 3 Solar Projects Totalling 400 MW in Central Spain
The Spanish oil and gas firm Cepsa will develop three solar PV projects totalling 400 MW in the region of Castilla-La Mancha, in central Spain. Cepsa will build…
Natural Gas
Snam Will Invest €10BN by 2026 to Boost Italy’s Gas Infrastructure
The Italian gas grid operator Snam has unveiled its 2022-2026 strategic plan, in which it plans to boost Italy's role in Europe’s gas system with new …
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 Price
Oil Prices Retreat in Thin Trade, but China Outlook Offers Support
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/Stringer/File P…
Crude Oil
Russian Seaborne Crude Exports Rebound to Two-Month High in January, Report Says
A ship in the Baltic Sea on the natural gas pipeline Nord Stream 2 from Russia to Germany. An EU and G7 price cap on Russian oil has aimed to reduce Moscow&rsqu…
Oil&Gas Drilling
Oman’s State Energy Company OQ Plans to List Drilling Unit Abraj in Muscat
Oman’s state energy company OQ plans to sell up to 49 per cent stake in its drilling unit, Abraj Energy Services, through an initial public offering, beco…
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