Oil

Crude Oil

Canada’s Stalled $12-Billion Oil Project Takes Step Forward With New FPSO Awards

Illustration of FPSO for Bay du Nord oil projectNorwegian state-owned energy giant Equinor has started the ball rolling to develop its controversial Bay du Nord…

LNG

Venture Global LNG Raises $1.75 Bln After Pricing US IPO

Model of LNG tanker is seen in this illustration taken May 19, 2022.Venture Global LNG (VG.N), opens new tab has raised $1.75 billion after pricing its U.S. ini…

Crude Oil

Algeria Strikes Deal with Chevron to Assess Offshore Oil

Algeria signed an agreement with US energy giant Chevron on Wednesday aimed at assessing potential offshore oil resources in the Mediterranean, according to the…

LNG

HD KSOE Bags $2.6B Contract for 12 LNG Ships From Europe

HD Korea Shipbuilding & Offshore Engineering's liquefied natural gas container shipHD Korea Shipbuilding & Offshore Engineering (HD KSOE) said Thursday it h…

RNG

Tidewater Renewables Sells Its Interest in Rimrock RNG Partnership

Tidewater Renewables Ltd. is pleased to announce the successful closing of the sale of its interest, held through a wholly-owned subsidiary, in the Rimrock Rene…

Oil Field

OGDCL Boosts Oil Production at Kunnar Oil Field in Sindh

The Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, announced a production enhancement at its Kunn…

Nuclear Power Plant (NPP)

Monticello NPP Operating Licence Renewed

The US Nuclear Regulatory Commission has renewed for a second time the operating licence of the boiling water reactor (BWR) at unit 1 of the Monticello Nuclear …

Crude Oil

Ecuador Eyes $42 Bln in Oil Sector Investments Through 2029

An infrastructure of Ecuador's state-run oil company Petroecuador is pictured outside of Nueva Loja, Ecuador May 3, 2022.Ecuador expects foreign oil compani…

Natural Gas

Europe Summer Gas Premium Surges as Germany Eyes Storage Subsidy

European natural gas for delivery this summer has become even more expensive than prices for next winter after Germany’s market manager said it’s di…

LNG

Croatia’s LNG Terminal One Step Closer to Capacity Expansion

FSRU LNG Croatia;The process of increasing the capacity of the liquefied natural gas (LNG) terminal on the island of Krk, Croatia, has entered a new stage with …

Crude Oil

MODEC’s FPSO Staying Five More Years With Petrobras Offshore Brazil

FPSO Cidade de Angra dos Reis;Brazil’s state-owned oil and gas giant Petrobras has prolonged the assignment of a floating production, storage, and offload…

LNG

New LNG Carrier Deal Marks 21st Vessel Entry in Danish Shipowner’s Orderbook

Celsius Geneva (for illustration purposes);Danish shipping player Celsius has expanded its liquefied natural gas (LNG) vessel orderbook with a new addition, tha…

Oil & Gas Trade

YPF and Indian Trio Shake Hands on Lng Export From Argentina’s Future Plant

Rendering of the proposed Argentina LNG liquefaction plant;Argentina’s oil and gas firm YPF has signed a memorandum of understanding (MOU) with three Indi…

Oil Refinery

Lyondell to Begin Closure of Houston Refinery This Weekend, Sources Say

A general view of the Lyondell-Basell refinery in Houston, Texas February 1, 2015.LyondellBasell Industries (LYB.N), opens new tab will begin the permanent clos…

Oil Refinery

Kazakhstan Considers New Oil Refinery by 2030 to Process 10 Million Tons

The Kazakh Energy Ministry stressed the need to build a new oil refinery by 2030 to process at least 10 million tons of oil annually, Kazinform reported on Jan.…