Oil

Oil & Gas Trade

Gas line connection to Exxon's FPSOs in Guyana completed, executive says

The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/F…

Oil & Gas Supply

Florida Fuel Outages Grow as Residents Evacuate Ahead of Hurricane Milton

A gas station runs out of fuel as residents evacuate before for Hurricane Milton's arrival in St. Petersburg, Florida, U.S., October 7, 2024. REUTERS/Octavi…

Oil & Gas Trade

Russia Reducing Share of Budget Revenue From Gas and Oil, Minister Says

Russia's Finance Minister Anton Siluanov takes part in talks held by President Vladimir Putin and President of the New Development Bank (NDB) Dilma Rousseff…

Oil & Gas Trade

East Timor Talked With Sinopec, Other Chinese Firms Over Stalled Multi-Billion Gas Project, President Says

East Timor’s President Jose Ramos Horta addresses the National Press Club in Canberra, Australia, October 9, 2024. AAP Image/Mick Tsikas via REUTERS Purch…

Geothermal Power Project

Saipem Signs Agreement With Ignis, Geolog to Explore Innovative Geothermal Solutions

Italian engineering and oilfield services company Saipem has signed a Memorandum of Understanding to explore innovative solutions for the development of geother…

Oil Shale

Cryptominer MARA Taps US Shale Patch in New Power Generation Project

A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen/File Photo Purchase Lice…

Floating Offshore Wind

Acteon: Breathing New Life Into Floating Wind Using Digital Response Twin

By using new technologies such as digital response twin, one of the tools developed and used successfully in the oil and gas sector, we can extend the life of f…

Oil & Gas Trade

CNOOC’s Bozhong 19-2 Oilfield Project Starts Production

Photo from CNOOCIt is expected to reach a peak production of 18,800 barrels.China National Offshore Oil Corporation (CNOOC) has commenced production at its Bozh…

Oil & Gas Trade

QatarEnergy Signs 20-year Naphtha Supply Deal with Shell

Shell's logo is seen at a fuel station in Saint Petersburg, Russia, May 6, 2022. REUTERS/Anton Vaganov/File Photo Purchase Licensing RightsQatarEnergy has e…

Energy Investment

Brazil’s Potencial to Invest $109 Million to Turn Biodiesel Plant Into World’s Largest

Brazil's Grupo Potencial announced on Tuesday an investment of 600 million reais ($108.86 million) to increase biodiesel output at one of its plants, giving…

Oil & Gas Trade

Shell’s Third-Quarter Refining Margins Drop Sharply

A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo Purchase Licensing RightsShell's (…

Oil & Gas Trade

Exclusive: BP Abandons Goal to Cut Oil Output, Resets Strategy

Vehicles drive past a BP petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing RightsBP (BP.L), opens new tab…

LNG

Italy’s ENI in Talks With Japan on Supplying LNG, Executive Says

File Photo: The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS/Alessandro Bianchi/File Photo Purchase Li…

LNG

Japan Expands LNG Flexibility via Cooperation With South Korea, Italy

Japan has agreed on Sunday to study cooperating with South Korea and Italy on procurement of liquefied natural gas (LNG) as the world's second-biggest LNG i…

Energy Investment

Chevron to Sell Assets for $6.5 Bln to Canadian Natural Resources

A Chevron gas station sign is shown in Encinitas, California, U.S., October 23, 2023. REUTERS/Mike Blake/File Photo/File Photo Purchase Licensing RightsChevron …