-
Nigeria licenses the first floating LNG plant to export and use domestically
Nigeria's oil regulator granted UTM Offshore Limited on Friday the first license for operating a floating LNG plant to tap…
-
Pampa Energia, Argentina raises over $400 mln for Vaca Muerta campaign
Pampa Energia, a natural gas producer in Argentina, announced a $410 million debt issuance on Friday. This demonstrates investor…
-
US drillers have cut oil and gas drilling rigs in the fourth week of a row, according to Baker Hughes
Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of natural gas and…
Latest news
-
Azerbaijani President confident about Ukraine gas route talks
Azerbaijani president Ilham Aliyev expressed Friday confidence in the outcome talks between Russia Ukraine, which his country…
-
APPEC-Weak Oil Demand Affects Singapore Industry Gathering
Next week, the largest gathering of energy traders in Asia will be dominated by discussions about the weak demand for oil…
-
Sources say Egypt is seeking 20 LNG cargoes to meet winter demand, as the gas crisis worsens.
Three trading and industry sources confirmed on Friday that Egypt issued a tender for 20 cargoes (cartons) of liquefied gas…
-
Woodside raises $ 2 billion in bonds amid growing investor concerns over capital expenditure plans
Woodside Energy, an Australian oil and gas company, raised $2 billion on the U.S. Bond Market, the company announced on Friday.
-
Texas gas plant rejected from state funding program
Texas energy regulators denied funding requests for an electric power plant project, despite the fact that it was named as…
-
OPEC+ agrees two-month delay in October oil production increase
OPEC+ agreed to postpone a planned increase in oil production for October and November, the producers' group announced on Thursday…
-
Kazakhstan asks for a delay in maintenance of the giant Kashagan Oilfield.
Trading sources familiar with the matter claim that Kazakhstan's Energy Ministry has asked shareholders to delay next year's maintenance…
-
Sources say OPEC+ is close to an agreement on delaying the increase in oil production.
Two sources within the group said on Thursday that OPEC+ was close to reaching an agreement with regards to delaying a planned…
-
Poland's 2030 climate plan includes 56% renewable energy
The climate minister announced on Thursday that Poland aims to have 56% of its electricity come from renewable sources by 2030.
-
Officials say that Bangladesh will buy LNG spot cargoes through an open tender.
Two Petrobangla officials announced on Thursday that Bangladesh will purchase LNG spot from the international market via…
-
After a 1-month low, the price of gas in Europe has seen a small increase.
The Dutch and British wholesale prices of gas traded slightly higher on Thursday morning, after having hit a one-month low the day before.
-
Malaysia won't stop South China Sea exploration, despite China protests says PM
Anwar Ibrahim, Malaysia's Prime Minister, said that the country would not stop oil and gas exploration on the South China…
Exploration
-
EOG will increase activity in the Utica shale in Ohio, says company
Jeff Leitzell, chief operating officer of Houston-based EOG Resources, told the Barclays CEO Energy-Power Conference attendees…
-
After the closure of the furnace, KNS, a new Caledonian nickel company, is looking for a new investor.
KNS reported on Tuesday that talks with potential buyers of Glencore's Koniambo Nickel SAS stake are continuing, after the…
-
Aker BP begins production at Tyrving Oilfield amid legal battle between the government and Aker BP over approval
Aker BP, a Norwegian oil company, has begun production at its Tyrving off-shore oilfield. The Norwegian government is trying…
Drilling
-
Shell to make large cuts in its oil exploration division: sources
Shell will cut its oil and natural gas exploration and production workforce by 20%, according to company sources. CEO Wael…
-
Sources say Shell plans to make large cuts in its oil exploration division.
Shell will cut its oil and natural gas exploration and production workforce by 20%, according to company sources. CEO Wael…
-
Shell to make large cuts in its oil exploration division: sources
Shell will cut its oil and natural gas exploration and production workforce by 20%, according to company sources. CEO Wael…
Production
-
CNOOC China posts record profit in the first half of 2018 on robust output growth
CNOC, the Chinese offshore oil-and-gas major, posted a record profit for the first half of this year on Thursday. This was…
-
Namibia plans to complete its sovereign wealth fund by 2025
Namibia's Finance Minister said on Tuesday that the government expects to approve its first offshore oil project in 2025…
-
New Zealand passes law to reverse oil and gas exploration ban
New Zealand announced on Monday that it will pass laws before the end of the year to reverse an offshore oil and natural…
