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Oil
Crude Oil
Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures
Venezuela’s National Assembly approved a 15-year extension of the joint ventures between state-owned Petróleos de Venezuela S.A. (PDVSA) and a subs…
Natural Gas
Egypt Selects Hartree Partners for $4 Billion Natural Gas Deal, Deputy Secretary of State Landau Says
Egypt has chosen U.S.-based energy company Hartree Partners to supply natural gas under a framework agreement valued at approximately $4 billion, U.S. Deputy Se…
Natural Gas
ConocoPhillips Says It Finds Gas Offshore Australia
ConocoPhillips, a major energy company listed as COP.N, announced on Monday that it has encountered natural gas deposits during its initial exploration efforts …
Crude Oil
Chevron, Phillips 66, Total Win India’s First Tender to Buy US LPG
Indian state refiners have jointly awarded their first long-term tenders to Chevron, Phillips 66, and TotalEnergies Trading SA to import U.S. liquefied petroleu…
LNG
Jade Secures Preliminary Funding Deal for Mongolian CBM-To-LNG Project
Zhengzhou Langrun Intelligent Equipment Co Ltd has signed a non-binding letter of intent to provide up to USD 46 million (AUD 70 million) in financing for a coa…
China
COFCO Has Signed Multi-Billion Dollar Deals to Purchase Brazilian Soybeans and Edible Oils
COFCO’s oilseeds division announced the signing of agreements to acquire nearly 20 million tonnes of Brazilian agricultural products, including soybeans, …
Oil Pipeline
Nigeria’s Dangote Plans $1 Billion Investments in Zimbabwe
Nigeria’s Dangote Group will invest at least $1 billion in Zimbabwe to develop a pipeline, power generation facilities, and a cement plant, founder and CE…
LNG
Venture Global Inks 20-Year LNG Supply Deal With Japan’s Mitsui
Venture Global (VG.N) announced on Tuesday that it has signed a long-term agreement with Japan’s trading company Mitsui (8031.T) to supply 1.0 million ton…
LNG
Baker Hughes to Supply Alaska LNG Project With Key Equipment
Oilfield services provider Baker Hughes (BKR.O) will supply major equipment for the proposed Alaska LNG project, which aims to construct a pipeline and export t…
Crude Oil
Petronas Gets Two New Exploration Blocks Offshore Suriname
Petronas has increased its offshore exploration presence in Suriname to eight blocks following the execution of two new production sharing contracts for Blocks …
Oil Shale
Total Production of China’s Largest Shale Oil Base Hits 20 Million Tons
China’s largest shale oil production base, the Changqing Oilfield in Northwest China’s Gansu Province, has achieved a cumulative output exceeding 20…
Oil&Gas Drilling
US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks, Says Baker Hughes
U.S. energy firms increased oil and natural gas drilling activity this week, marking the third rise in four weeks, according to Baker Hughes’ weekly repor…
Indonesia
Indonesia Blocks Illegal CPO Export Worth Rp 28.7 Billion
Indonesia’s Finance Ministry and National Police have intercepted an illegal export attempt involving crude palm oil derivatives valued at Rp 28.7 billion…
Oil Shale
Shale Producer EOG Tops Profit Estimates as Output Jumps
EOG Resources (EOG.N) reported higher-than-expected third-quarter earnings on Thursday, as rising output helped the U.S.-based oil and gas producer counter lowe…
Combined Heat and Power
Mitsubishi Power to Supply Equipment for O Mon 1 Power Plant in Vietnam
Mitsubishi Power has obtained a contract to deliver key components for the fuel transition project at O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam, …
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