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Oil
Natural Gas
Milestone Achieved for UK’s Largest Planned Gas and Hydrogen Storage Hub
EnergyPathways' chief executive Ben Clube.AIM-listed EnergyPathways has achieved a major milestone for its Marram Energy Storage Hub (MESH) project, as the …
Oil & Gas Supply
People Think They’ve Found the Culprit as UK Gas Storage Drops to ‘Concerningly Low’ Levels
Reminders that the Conservatives oversaw the closure of the Rough gas storage facility off the coast of East Yorkshire have been posted on social media in the w…
Oil & Gas Supply
Slovakia’s Gas Supplies to Be Partly Secured via Hungary
Slovak Prime Minister Robert Fico gave an interview to television channel TA3, in which he touched on the issue of gas transit. The non-renewal of Ukraine&rsquo…
Oil Refinery
Serbia Ready to Buy Russian Stake in NIS Refiner
Serbia's president said the country has the money to pay for Gazprom's stake in the Balkan country's only refiner to preserve production amid new U.…
Crude Oil
Norway Hits New Annual Gas Production Record
Norway's natural gas output set a new record in 2024 with 124 billion standard cubic meters sold, according to the country's upstream regulator.Norway&r…
Oil & Gas Trade
Azerbaijan to Resume Gas Export to Serbia Soon
Azerbaijan will resume export of gas to Serbia in the near future.Serbian President Aleksandar Vucic said at a press conference earlier that supplies of gas fro…
Crude Oil
Kazakhstan Imposes Fine on Major Oil and Gas Company
One of Kazakhstan's largest oil and gas companies, Mangistaumunaigaz, has been fined 32 billion tenge ($60 million), Trend reports via the General Prosecuto…
Oil&Gas Drilling
Centre Allows Oil, Gas Exploration Near Assam’s Hollongapar Gibbon Sanctuary
A hoolock gibbon.The Standing Committee of the National Board for Wildlife has approved oil and gas exploratory drilling by Vedanta Group’s Cairn Oil and …
Oil Price
Price May Rise as Crude Hits $81 per Barrel
The prices of premium motor spirit and other petroleum refined products may rise in the coming days following the increase in the cost of crude oil prices, such…
Oil&Gas Drilling
TMK Doubles Gas Outflow by Adding Three New Mongolian Wells
TMK Energy’s Gurvantes XXXV project in Mongolia is flaring gas from six pilot production wells after adding three new wells and doubling field gas outflow…
Oil & Gas Supply
‘Significant Barriers’: ACCC Urges Australian Governments to Clear Hurdles to New Gas Projects and Investment
Australian Energy Producers chief executive, Samantha McCulloch.The Australian Competition and Consumer Commission (ACCC) has urged Commonwealth and state gover…
Crude Oil
In Key Breakthrough, Nuprc Data Confirms Nigeria’s 1.5 Million Bpd OPEC Oil Output
Emmanuel Addeh in Abuja Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria’s crude oil production reached 1.5 million ba…
LNG
CNPC Unit and Petrofac Among Winners of $2.1B Infrastructure Contracts for ADNOC’s Ruwais LNG
Rendering of the Ruwais LNG concept designThe contracts with a combined value of $2.1 billion encompass works on an LNG pre-conditioning plant (LPP), compressio…
Biofuel
January Wasde Reduces 2024-’25 Forecast for Soybean Oil Use in Biofuel Production
The USDA reduced its forecast for 2024-’25 soybean use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released…
Oil & Gas Trade
Chevron to Complete $53BN Hess Corp Acquisition
Chevron Corp is reportedly well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by a couple billion dollars, …
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