Oil

Oil Exploration

Türkiye's Oil Production in Eastern Region Breaks Record With 30,000 Barrels per Day

ANKARATürkiye's daily oil production in the Gabar region of southeastern Sirnak province has reached 30,000 barrels, the country's state-owned oil …

LNG

NNPC Teams up With Wison for Floating LNG Project in Nigeria

Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petrol…

LNG

DSIC Progressing Construction of CMES' LNG Carriers

China’s Dalian Shipbuilding Industry Company (DSIC) is pressing on with the construction of 175,000 cubic meter LNG carriers ordered by compatriot China M…

Oil & Gas Trade

Gunvor to Acquire BP's 75% Stake in Spanish Gas Power Plant

Energy trader Gunvor has agreed to acquire a 75% stake in 785 megawatt (MW) power plant in Bilbao, Spain, from BP (BP.L) gas marketing, a joint statement said o…

Oil&Gas Drilling

Frontera, CGX to See First Oil in Guyana by 2030, Seek Partners

Frontera Energy (FEC.TO) and CGX Energy (OYL.V) expect to make a final investment decision by 2026 on developing a promising Guyana offshore block, with first o…

Natural Gas

Exclusive: Venezuela Prods BP, Chevron to Revive Gas Project Near Trinidad, Guyana

Venezuelan President Nicolas Maduro gestures as he attends an event at the National Electoral Council (CNE) after voters in a referendum rejected the Internatio…

Oil & Gas Trade

Occidental Petroleum to Expand Permian Ops With $12 Billion Deal for Crownrock

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

LNG

BP Challenges US Energy Regulator's Oversight of Venture Global LNG Plant

Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsBP PLC (BP.L) has challenged U.S. e…

Ammonia

Adnoc, Mitsubishi to Partner on Hydrogen, Ammonia Projects

The two companies have signed an agreement targeting low carbon energy supply chains and the advancement of carbon neutral solutions across the energy sector.Ab…

Biofuel

Wasde Maintains Forecast for 2023-'24 Soybean Oil Use in Biofuel

The USDA maintained its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, r…

Oil & Gas Trade

Germany's Mabanaft Buys Europe LPG Supplier Westfa

Mabanaft GMBH & Co. KG has signed a deal to acquire Westfa Energy GMBH, a distributor of liquefied petroleum gas (LPG) in several European countries.The all-sto…

Oil & Gas Trade

Saudi Aramco to Supply Full Oil Volumes to Some N.Asia Refiners in Jan 2024 -Sources

An employee rides a bicycle next to oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov//File Photo Acquire …

LNG

Papua New Guinea in Advanced Talks With Chinese Banks to Fund Its Stakes in LNG Megaprojects

Papua New Guinea's state-owned petroleum company is in advanced talks with Chinese banks to help fund its stakes in the two major liquefied natural gas (LNG…

Offshore Wind Power

Shell Eyes $6BN in Nigeria Offshore, Gas Investments

Oil giant Shell sees $6 billion in investment opportunities in Nigeria, especially in offshore, gas and liquefied natural gas (LNG) projects, the country’…

Oil&Gas Drilling

Serbia Launches Interconnector to Gas Pipeline in Bulgaria

Serbia on Sunday completed the interconnector to a pipeline in Bulgaria which would allow the Balkan country to diversify its gas supplies and reduce its depend…