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Oil & Gas Supply
Italy Drops Plans for $5.2 Bln Tariff to Cover Gas Storage Costs
Italy's energy authority said it had shelved plans for a tariff to cover the cost of keeping gas stockpiles full, following widespread criticism from energy…
Oil & Gas Trade
Israel's Newmed Says BP, ADNOC Buy-in Offer on Hold
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…
Natural Gas
Germany Approves Gas Agreement With Italy, Switzerland, Ministry Says
The German government has approved an agreement with Italy and Switzerland to supply gas between the countries in case of a crisis in supply, the German economy…
Oil & Gas Trade
US Slowly Replenishes Strategic Petroleum Reserve
Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/Dav…
LNG
US Asks Venture Global LNG to Justify Confidentiality of Calcasieu Filings
The U.S. Federal Energy Regulatory Commission (FERC) on Wednesday asked Venture Global LNG to explain why reports on its Calcasieu Pass LNG plant need to be kep…
Gas power stations
Britain Vows to Build New Gas Power Stations
British Prime Minister Rishi Sunak's government pledged Tuesday to build new gas-fired power stations to boost energy security, drawing criticism over his c…
Oil&Gas Drilling
US Natgas Output to Decline in 2024 While Demand Rises to Record High, EIA Says
A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S., February 10, 2019. Picture taken February 10, 2019. REUT…
Oil & Gas Trade
Oil Prices up on Strong US Demand, Fed Signals in Focus
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
Azerbaijan Produces Over Eight Bcm Gas in This Year
In January-February of this year, Azerbaijan produced 8.2 billion cubic meters of gas, with an increase of 240 million cubic meters, of which 4.1 billion cubic …
Oil&Gas Drilling
Asian Indie Eyes Exploitation of $100 Million per Annum Gas Discovery
Production facilities: EMP's Kangean production sharing contract in Indonesia.Photo: ENERGI MEGA PERSADAIndonesian operator Energi Mega Persada (EMP) is pre…
Oil&Gas Drilling
Sinopec Starts Natgas Production at 2bcm per Year at Sichuan Gas Field
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July …
Oil & Gas Trade
US Leads Global Oil Production for Sixth Straight Year- EIA
Very Large Crude Carriers (VLCCs) line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide, in this handout pict…
Oil & Gas Trade
EQT to Buy Equitrans Midstream in Bid to Boost Natural Gas Margins
Top U.S. natural gas producer EQT Corp (EQT.N), opens new tab on Monday said it agreed to buy Equitrans Midstream (ETRN.N), opens new tab in an all-stock deal t…
LNG
China's Unipec Wants Say in Venture Global LNG's Extension Request
Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rig…
Oil & Gas Trade
BP Takes $900M Impairment Against North Sea Assets
BP (LON:BP) took an approximate $900 million (£700m) impairment charge against some of its North Sea assets in 2023, according to the firm’s annual …
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