Oil

Oil & Gas Trade

Gazprom Signs Memo With Iran on Russian Gas Supplies

The logo of Gazprom company is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim Shemetov…

LNG

Sempra Signs Non-binding Deal to Supply LNG to Aramco From Planned Texas Project

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Purchase Licensing RightsU.S. ener…

Carbon Storage

Shell to Build Carbon Capture and Storage Projects in Canada

The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …

Oil & Gas Trade

Israel Approves Extra Gas Exports, Leviathan Field to Be Expanded

An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023. REUTERS…

Oil Field

Wood Wins Feed for UK Offshore Field Redevelopment

​Wood wins FEED for UK offshore field redevelopment​Centrica's Rough field will be optimised for hydrogen storage​Consulting and engineering company Wood…

Oil & Gas Trade

Guyana Selects Former Exxon Exec's Firm to Engage With Exxon in Gas Project

A man walks near Exxon Mobil Corp.'s headquarters in Georgetown, Guyana, June 29, 2023. REUTERS/Sabrina Valle/File Photo Purchase Licensing RightsA newly fo…

Oil&Gas Drilling

China's Bohai Oilfield Completes Drilling of 6,088-Meter Well

The Bohai Oilfield, China's largest offshore crude oil production base, has completed the drilling operations of a new 6,088-meter-deep well, the China Nati…

Oil & Gas Trade

Russian Oil and Gas Revenues Set to Rise by 50% Y/Y in June, Reuters Calculations Show

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk//File Photo Purchase Licensing Right…

LNG

Finland's Gasum to End Russian LNG Imports in Line With EU Sanctions

Finland's Gasum, a key gas supplier to the Nordic region, will stop buying and importing Russian liquefied natural gas (LNG) in July in line with fresh Euro…

Natural Gas

Qatar Energy 2023 Profit Drops 32% as Gas Prices Cool

Qatar Energy on Tuesday reported 101.9 billion riyals ($27.96 billion) in net profit for 2023, down 32% from 2022 when gas prices surged following Russia's …

Oil Price

Hedge Funds Rebuild Oil Position After OPEC⁺ Round Trip

The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard …

Oil & Gas Trade

Iran Inaugurates 17 New Oil, Refining, Petrochemical Projects

TEHRAN, Jun. 25 (MNA) – In a significant boost to the country's energy infrastructure, Iran has officially inaugurated 17 major oil, refining, and pet…

Gas Pipeline

OB3 Gas Pipeline Project to Facilitate 2.2b Gas

In yet another major step towards boosting nationwide gas supply to drive industrialisation and economic growth, the Nigerian National Petroleum Company Limited…

Natural Gas

Japanese Trading House Mitsui Buys Shale Gas Asset in Texas

Japanese trading house Mitsui & Co. Ltd bought a shale gas asset in Texas that it seeks to bring to full-scale development after 2026.Mitsui’s US-based su…

Oil & Gas Supply

Nigeria's Aiteo Resumes Production After Leak at 50,000 Bpd Oilfield

Nigerian energy firm Aiteo has resumed production after stopping an oil leak at its nearly 50,000 barrels per day (bpd) Nembe field earlier this week in souther…