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Natural Gas
Oil & Gas
Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking
It was a mixed bag for commodity prices during the final week of 2024. An unexpectedly large drawdown of 4.2 million barrels — according to the Energy Informat
Oil & Gas
Petrobras Informs About New Law for the Oil and Gas Sector
Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s
Oil & Gas
KazMunayGas and CNOOC Joining Forces to Dig Deeper Into Geological Exploration
KazMunayGas and CNOOC are expanding their cooperation in geological exploration, discussing key aspects of bilateral collaboration, including the joint implemen
Oil & Gas
Gas Exploration Firm’s Licence Extended Again
A company looking to extract gas from Manx territorial waters has had its exploration licence extended once more.A two-month extension has been granted to Crogg
Oil & Gas
Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity
The board of directorates of Russia’s giant Gazprom has given its seal of approval for the firm’s projected investment program and budget for next y
Oil & Gas
US Natgas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand
US natural gas futures hit a 23-month high on Tuesday in thin pre-holiday trading, supported by an increase in the amount of gas flowing to liquefied natural ga
Oil & Gas
Santos’ Hook-up of New Well to Existing Gas Hub Offshore Australia Gets the All-Clear
Australian energy player Santos has received the thumbs-up for its revised environment plan (EP) from the country’s offshore regulator, which will enable
Oil & Gas
Occidental Petroleum’s Subsidiary Secures Oil and Gas Permit off Colombia
Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary
Oil & Gas
Kuwait’s Petroleum Exploration Firm Begins Withdrawal From Pakistan
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has begun its exit from Pakistan’s oil and gas sector, citing extensive circular debt and prolonged
Oil & Gas
Uzbekneftegaz Forecasts Gas Production Decline to 26.5 Billion Cubic Meters by 2025
Bakhodirjon Sidikov.Photo: President's press serviceUzbekistan’s largest gas producer Uzbekneftegaz predicts a further drop in production to 26.5 bill
Oil & Gas
Uzbekistan Plans to Start Geological Exploration of 15 Promising Gas Deposits
President of Uzbekistan Shavkat Mirziyoyev chaired a meeting to discuss the state and measures to increase gas production in the country, Kazinform News Agency
Oil & Gas
Saipem Wins $900M EPCI Contract From Shell’s $5BN Offshore Project in Nigeria
Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off
Oil & Gas
Severe Gas Shortage in Industrial Sectors Disrupting Production
Industrial sectors in Bangladesh are facing a severe gas shortage, disrupting production across factories. For several weeks, inadequate gas supply has caused o
Oil & Gas
Russia’s Daily Pipeline Gas Flows to China Set New Record
Russia’s daily natural-gas flows to China via the Power of Siberia link set a new record on Dec. 20, according to energy giant Gazprom PJSC.While the prod
Oil & Gas
Contract With ‘Prominent’ Oil & Gas Company Takes US Subsea Firm to West Africa
Houston-based subsea energy equipment and services specialist KOIL Energy Solutions, formerly Deep Down, is set to deliver subsea distribution manifolds to what
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