Oil

LNG

Pakistan Opts for Azerbaijani LNG Over Deferred Qatari Shipments

Pakistan LNG Ltd (PLL) held an emergency board meeting on Sunday to review the gas demand and supply situation and will meet again on Monday to finalize the off…

Nuclear Power Plant (NPP)

Shimane 2 Restarts After 13 Years Being Offline

Unit 2 of the Shimane nuclear power plant in Japan's Shimane Prefecture was restarted on 7 December, Chugoku Electric Power Company announced. It becomes th…

Crude Oil

Oando Raises Oil Production Output by 50%

Oando Plc says it has increased its crude oil production output by almost 50 per cent in three months.It said the achievement followed the acquisition of Nigeri…

LNG

Qatar to Double LNG Output to 160MN Tpy in a ‘Responsible Way’, Says Al-Kaabi

HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi at the ‘Newsmaker interview’ at the Doha Forum 2024 Saturday. PICTURE: Thajud…

Crude Oil

Crude Oil Recovered After Train Collision in Sancti Spíritus

Cuba-Petroleum Union (CUPET) announced this Sunday that its teams are working intensively to recover the oil spilled following the train accident that occurred …

Natural Gas

Iran’s Annual Gas Production Reaches 275 Bcm: Oil Minister

Iran’s annual natural gas production has reached 275 billion cubic meters despite the United States’ unilateral and cruel sanctions, said Oil Minist…

Oil Field

Oil Producers Finalise $1.2b Acquisition as Norwegian Firm Exits Nigeria

Nigeria’s independent oil producer, Chappal Energies, has finalised the $1.2 billion acquisition of Norwegian oil giant, Equinor Nigeria Energy Company (E…

Gas Pipeline

Energy Transfer to Build Nearly $3 Billion New Gas Pipeline in the Permian Basin

Energy Transfer LP, the company that acquired Oklahoma City-based Enable Midstream in a $7.2 billion deal three years ago is expanding its operations in a nearl…

Oil Price

Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia

Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s oil giant, Aramco, cut pr…

Natural Gas

Russia’s Pipe-Gas Flows to China at New Daily Record

Gazprom said it set a new record for daily pipeline gas supplies to China on Saturday.Daily flows via the Power of Siberia gas link exceeded Russia’s maxi…

Russian

The Head of Rosneft Expects an Increase in Oil Consumption to 20 Million Barrels per Day by 2050

Global oil consumption may grow to 20 million barrels per day by 2050, Rosneft Chief Executive Officer Igor Sechin said during his report at the XVII Verona Eur…

Oil Price

UAE to Gain From OPEC+ Decision on Oil Output

The UAE is expected to gain significantly from last week’s Opec+ decision, as the country’s 2025 target level is about 8% higher than its target lev…

Iran

Iran Increasing Oil Output Regardless of US Political Future

Mohsan Paknejad made the remarks on Sunday on the sidelines of the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Tehran, where he told…

Electric Vehicles

European Auto Industry Turmoil at Volkswagen & Stellantis Likely to Accelerate in 2025

The European auto industry is facing a perfect storm in 2025. Analysts are predicting a tumultuous year for Volkswagen and Stellantis as declining sales, increa…

Crude Oil

Kent To Deliver Epcm Services For BP’s Global Assets Over Three Years

肯特已与能源巨头英国石油公司签订了为期三年的全球工程、采购和施工管理 (EPCm) 框架合同。该协议包括另外两个为期两年的延期选择权，确立了肯特作为 bp 合作伙伴为全球资产…