Empowering People in Oil and Gas


FEATURED STORY

Results 50 articles shown

US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea Share your comments
South Korea and the U.S. launched a joint task force to prevent North Korea from accessing refined petroleum products.
7:57 AM EST | March 28, 2024
CNPC Opens Sea-Land Oil Storage and Transport Facility in Bangladesh Share your comments
CNPC put into operation what it calls the first mega sea-land oil storage and transportation facility in Bangladesh.
4:36 AM EST | March 27, 2024
Russia Starts Linking Power of Siberia with Far East Gas Network Share your comments
Gazprom has begun constructing natural gas trunklines to integrate the Power of Siberia pipeline with the Far East's local gas distribution network.
4:30 AM EST | March 26, 2024
England-Wales CO2 Pipeline Gets Government Greenlight Share your comments
Lead developer Eni said the pipeline approval gets the HyNet CCS project closer to FID, which is expected later this year.
2:30 AM EST | March 26, 2024
Nigeria Expects FID on Gas Pipeline with Morocco by Year-End Share your comments
The FID on the planned $25 billion Nigeria-Morocco pipeline linking North and West Africa could be reached by December.
4:29 AM EST | March 25, 2024
Russia Increases NGV Refueling Stations to Nearly 900 Share your comments
Russia had 836 NGV refueling stations as of the beginning of 2024, more than half of which are owned by Gazprom.
1:43 AM EST | March 25, 2024
Russia Crude Oil Refining Drops to 10-Month Low After Ukraine Drone Attacks Share your comments
Russia's average daily oil refining rate fell to the lowest weekly level in ten months.
5:00 PM EST | March 22, 2024
ABB Partners with Cap Clean for SAF Production in Canada Share your comments
ABB will explore how its automation, electrification and digital technology can optimize biofuel facilities.
8:00 AM EST | March 22, 2024
New Zealand to Study Potential Restart of Its Only Refinery Share your comments
'New Zealand will continue to need gas and coal to keep our economy moving for decades to come'.
6:56 AM EST | March 22, 2024
USA Crude Oil Inventories Decrease Share your comments
Crude oil stocks in the U.S., not including the SPR, stood at 445.0 million barrels on March 15, according to the EIA.
8:06 AM EST | March 21, 2024
Glenfarne Inks Deal to Supply LNG to Gunvor Singapore from Texas Project Share your comments
The Texas LNG export terminal project signed an offtake agreement with Gunvor's subsidiary in Singapore for 500,000 metric tons per annum.
7:04 AM EST | March 21, 2024
Sudan Declares Force Majeure After Oil Pipe in War Zone Ruptured Share your comments
Sudan declared a force majeure on oil exports.
11:00 AM EST | March 20, 2024
US Can Triple Bioenergy Capacity to Over 1B Tons Annually: Govt Report Share your comments
The U.S. has the available feedstock resources to triple its biomass energy production capacity to 1.1-1.5 billion metric tons yearly.
10:08 AM EST | March 20, 2024
Enbridge, FortisBC Tap DNV to Study Hydrogen Blending in Pipes Share your comments
The two individual studies will determine the percentage of hydrogen that can safely be transported through Enbridge's and FortisBC's pipelines.
10:00 AM EST | March 20, 2024
Venture Global to Acquire 9 New LNG Ships Share your comments
The vessels are being constructed in South Korea and are set to be delivered later in the year.
8:00 AM EST | March 20, 2024
Ukraine to Keep Gas Storage Tariffs at Current Rates till Q1 2025 Share your comments
The move aims to attract more foreign companies to store natural gas in Ukraine.
4:40 AM EST | March 20, 2024
New Canada Pipeline Secures First Export with Sinochem Order Share your comments
Sinochem purchased one of the first crude cargoes shipped through a new pipeline in Canada designed to move oil from Alberta to the Pacific Coast for export.
2:58 AM EST | March 20, 2024
ConocoPhillips CEO Calls for USA to End LNG Permit Pause in November Share your comments
Companies are seeking to build more U.S. Gulf Coast LNG export terminals as the western world tries to wean itself off Russian gas.
5:00 PM EST | March 19, 2024
Adnoc Inks Supply Deal for Ruwais LNG Project with Germany's SEFE Share your comments
The LNG agreement is contingent upon a final investment decision (FID) on the project, including regulatory approvals.
7:00 AM EST | March 19, 2024
Imperial Pipeline in Winnipeg Goes Offline for Three Months Share your comments
Imperial is arranging alternative forms of fuel transport while the provincial government asked other companies to step in to ensure supply.
5:38 AM EST | March 19, 2024
Gaz System to Acquire Gas Storage Poland Share your comments
Poland's natural gas transmission system operator OGP Gaz System S.A. is acquiring 100 percent of the share capital of the operator of the natural gas storage system in the country from Orlen SA.
5:00 AM EST | March 19, 2024
Sinopec Engineering Posts Higher Annual Petrochemicals Revenue Share your comments
However, the state-owned energy and chemicals EPC and logistics company saw net profit land largely flat at $324.5 million as refining and coal revenues fell.
4:16 AM EST | March 19, 2024
Gunvor CEO Sees Russian Refining Capacity Taking Hit from Drone Strikes Share your comments
'So that will probably take down exports by a couple of hundred thousand barrels'.
2:45 AM EST | March 19, 2024
KBR to Provide Project Management for New Angolan Refinery Share your comments
The Lobito Refinery Project is one of the most significant energy infrastructure projects in the region.
10:00 AM EST | March 18, 2024
Shell Plans to Divest 1K Retail Sites in Shift to EV Charging Share your comments
Shell plans to divest 500 retail sites annually over the next two years.
10:00 AM EST | March 18, 2024
TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation Share your comments
PRGT is a wholly owned subsidiary of TC Energy and the developer of a natural gas pipeline project in British Columbia.
8:00 AM EST | March 18, 2024
Russia Hits Odesa After Ukraine Targets Oil Plant Near Moscow Share your comments
Russia hit the Black Sea port of Odesa on Friday in a deadly missile attack, hours after Ukrainian drones targeted a small petrochemical plant near the Moscow region.
5:00 PM EST | March 15, 2024
Biden LNG Freeze Delaying Projects and Risking USA Market Share Share your comments
The Biden administration's pause on new licenses for LNG exporters is already stalling progress for projects that were aiming to come online later this decade.
7:52 AM EST | March 15, 2024
Technip JV to Start EPC Activities at ADNOC's Ruwais LNG Project Share your comments
TJN Ruwais JV has received a limited notice to proceed to begin early engineering, procurement and construction (EPC) activities at the Ruwais low-carbon LNG project.
6:00 AM EST | March 14, 2024
NNPC Seeks to Boost Oil Theft Crackdown with Help from Crime Agency Share your comments
'No one would produce crude oil knowing fully well that it is not going to get to the terminal'.
4:13 AM EST | March 14, 2024
Ukraine Hits Third Russian Refinery In Escalating Drone Strikes Share your comments
Ukrainian drone attacks halted three oil refineries deep within Russian territory.
5:00 PM EST | March 13, 2024
DOE Looks to Purchase More Oil for SPR Share your comments
'This is a continuation of DOE's strategy of consistent solicitations aimed at purchasing oil when it can purchase at a good deal for taxpayers'.
8:32 AM EST | March 13, 2024
Petrofac Inks $200MM Contract with Turkmengas Share your comments
The three-year contract is valued at over $200 million.
6:00 AM EST | March 13, 2024
USA Direct Air Capture Firm Scores Funding From Aramco, Others Share your comments
Los Angeles-based direct air capture (DAC) company CarbonCapture Inc., has completed its $80 million Series A financing.
5:10 AM EST | March 13, 2024
Canada Regulator OKs 1st CNG Facility in Northwest Territories Share your comments
The CER has approved the Inuvialuit Energy Security Project (IESP) Energy Centre project, which will convert natural gas into compressed natural gas, propane, and synthetic diesel.
8:33 AM EST | March 12, 2024
Vopak, Air Liquide Partner for Ammonia, Hydrogen in Singapore Share your comments
The two companies will study and explore the joint development of low carbon ammonia supply chains in Singapore.
2:01 AM EST | March 12, 2024
EQT to Buy Mountain Valley Pipeline Owner for $5.5B Share your comments
U.S. natural gas producer EQT Corp agreed to buy back former unit Equitrans Midstream Corp for about $5.5 billion in stock.
10:00 AM EST | March 11, 2024
AG&P Buys Stake in Vietnam LNG Terminal Share your comments
The $500 million Cai Mep LNG terminal, which is being developed by Vietnam's Hai Linh Company Limited, has a capacity of 3 million metric tons per annum.
1:54 AM EST | March 11, 2024
Tokyo Gas Taps MOL Newbuild for Long-Term Charter Share your comments
Mitsui signed a long-term charter contract with a unit of Tokyo Gas for a newbuild LNG carrier that will be delivered 2026.
7:00 AM EST | March 10, 2024
USA Crude Stocks Rise Share your comments
Crude oil stocks in the U.S., not including the SPR, stood at 448.5 million barrels on March 1, the EIA revealed.
10:47 AM EST | March 08, 2024
US Is Europe's Top LNG Supplier for Third Straight Year: EIA Share your comments
The U.S. exported 7.1 Bcfpd of LNG to Europe last year, accounting for nearly half the region's LNG imports.
6:45 AM EST | March 08, 2024
TotalEnergies Pens Oil Products Trade Deal with Bapco Share your comments
TotalEnergies signed an agreement to support Bapco Energies in optimizing its Sitra refinery and in the trading of its petroleum products.
2:00 AM EST | March 07, 2024
3 Power Firms Invest $3.3B in Philippines' 1st Integrated LNG Facility Share your comments
The project will augment the country's power supply with over 2,500 MW and connect its energy sector with the global natural gas supply chain.
11:24 PM EST | March 06, 2024
TC Energy Sells PNGTS to BlackRock for $1.14 Billion Share your comments
TC Energy agreed to sell the Portland Natural Gas Transmission System to Blacrock for $1.14 billion.
12:30 PM EST | March 06, 2024
Indian Refiners Shy Away from Russian Oil amid Tighter US Sanctions Share your comments
India's state-run oil refiners are shying away from contracted Russian crude supply as the once-booming trade becomes much harder under tighter enforcement of US sanctions.
1:30 AM EST | March 06, 2024
Shell Debuts Unmanned Vessel Pipeline Survey in Nigeria Share your comments
'The efficiency of data acquisition coupled with improved data quality whilst reducing personnel exposure to zero is transforming how we execute surveys'.
1:30 AM EST | March 06, 2024
Spain Urges EU to Take Tougher Stance on Russian LNG Imports Share your comments
Spain has asked the European Union to take a tougher stance on Russian liquefied natural gas imports.
4:00 PM EST | March 05, 2024
Russia Recovers From Ukraine Drone Strikes as Oil Refining Rises Share your comments
Russian refineries' recovery from Ukrainian drone attacks helped the country's oil processing to pick up in the second half of February.
9:00 AM EST | March 05, 2024
New Fortress Launches 2 LNG Terminals in Brazil Share your comments
NFE has put its Terminal Gas Sul in Santa Catarina and Barcarena LNG terminal in Pará into operation.
9:00 AM EST | March 05, 2024
Aramco Completes Acquisition of Chile Fuels Retailer Share your comments
Aramco completed the purchase of Esmax, marking the Saudi energy giant's entry into the South American fuel retail market.
2:50 AM EST | March 05, 2024