FEATURED STORY
Coterra Wins Long-Term Gas Orders from Traders Vitol, Centrica
Friday November 01, 2024
-
The U.S. producer signed separate agreements to supply Centrica and Vitol with 100,000 MMBtud of natural gas.
Results 50 articles shown
Coterra Wins Long-Term Gas Orders from Traders Vitol, Centrica
The U.S. producer signed separate agreements to supply Centrica and Vitol with 100,000 MMBtud of natural gas.
6:50 AM EST | November 01, 2024
Singapore LNG Terminal Moves Into Execution Phase
The FSRU is expected to be operational by the end of the decade.
8:00 AM EST | October 31, 2024
Central, SE European TSOs Ink Deal to Harmonize Gas Quality Standards
Gas transmission operators in Central and Southeastern Europe signed an agreement to work on harmonizing supply quality requirements as they prepare for the gradual abandonment of Russian gas, Gas TSO of Ukraine said.
7:01 AM EST | October 31, 2024
Phillips 66 Expects to Surpass $3B Asset Sale Target
The $3 billion target is a floor, not a ceiling, according to Phillips 66 executives.
11:20 AM EST | October 30, 2024
European Power Transmitters Raise Export Capacity for Ukraine, Moldova
ENTSOE increased the export capacity for Ukraine and Moldova to 2,100 MW for the winter.
4:54 AM EST | October 30, 2024
Golden Pass LNG Gets 3-Year Deadline Extension to Complete Construction
The FERC allowed the ExxonMobil-QatarEnergy LNG export project in Texas to be delayed further to 2029, after the disgruntled main contractor gave up the project.
11:13 AM EST | October 29, 2024
Sinopec Q3 Profit Halved Year-on-Year as Refining Margins Fall
Sinopec posted $1.2 billion in net profit for the third quarter, 52.1 percent lower than the same three-month period last year as refining margins and demand for diesel in China weakened.
2:44 AM EST | October 29, 2024
Aussie LNG Producer Challenged on Clean Claims in Landmark Case
One of the world's first legal challenges over corporate greenwashing kicked off in an Australian court, with an activist shareholder group claiming gas producer Santos misled investors on its climate targets.
2:30 AM EST | October 29, 2024
EIG's MidOcean Energy Completes Purchase of Additional Stake in Peru LNG
MidOcean Energy raised its ownership in South America's only LNG export facility to 35 percent following an acquisition from Hunt Oil.
8:06 AM EST | October 28, 2024
Trafigura Forms JV with Spain's Meroil for Refined Oil Products, Biofuels
The joint venture aims to provide logistics and distribution of oil products and biofuels on both the national and international markets.
8:00 AM EST | October 28, 2024
Polarizing Pipeline Law Is on the Ballot in Major Corn State
When South Dakota voters cast their presidential-year ballots on Nov. 5, they'll also decide whether to reject a law passed earlier this year that's viewed by opponents as pro-pipeline.
9:01 AM EST | October 25, 2024
Eni to Restructure, Inject New Capital into Biofuel and Chemical Units
The financial and operational restructuring for Enilive and Versalis involves new capital for both units and a farm-out of a quarter of Enilive's equity.
5:56 AM EST | October 25, 2024
SEFE Inks 10-Year Deal for Up To 317.8 Bcf of Gas from ConocoPhillips
The supply will be sourced from ConocoPhillips' European portfolio.
1:30 PM EST | October 24, 2024
Macquarie Strategists Look at Latest EIA Petroleum Status Report
'This week, the EIA reported builds in commercial crude,' the strategists highlighted.
6:26 AM EST | October 24, 2024
JPMorgan Eyes Physical LNG Trading After Dimon Hails Boon
JPMorgan Chase & Co. is in talks to start trading physical liquefied natural gas again after more than a decade on the sidelines.
5:00 PM EST | October 23, 2024
Taiwan Military Warns on LNG Vulnerability After PLA Drills
'It's undeniable that the imports of LNG are our weakest link'.
10:00 AM EST | October 23, 2024
Imperial to Cheapen Fuel for NWT Town under State of Emergency over Prices
Imperial agreed to slash the air transport cost of fuel flown to Norman Wells, Northwestern Territories, after the town declared a state of emergency over high fuel prices.
8:07 AM EST | October 23, 2024
NNPC to Build 100 MMcfd Gas Distribution Center in North Central Nigeria
'The gas facility (city-gate) will enable natural gas supply to various domestic LNG facilities, CNG compression and other facilities requiring gas in the Ajaokuta area'.
6:27 AM EST | October 23, 2024
Corpus Christi Port in Texas Sees Increase in Crude Oil Volumes
The port's total volume broke the record of the third quarter of 2023 as the highest quarter in its history, thanks to an increase in petroleum shipments.
7:28 AM EST | October 22, 2024
Enbridge Seeks Talks with Indigenous Groups on Potential Partnership
Enbridge invited indigenous communities in Canada to discuss a financial partnership similar to an earlier $809 million sale of a stake in some of its pipelines to such groups.
2:30 AM EST | October 22, 2024
ADNOC Takes Over Fertiglobe with $3.6B Stake Acquisition from OCI
'The acquisition represents another significant milestone in ADNOC's ambitious chemicals growth strategy, the expansion of its low-carbon fuels business, and supports its goal to become a top five global chemicals player'.
4:41 AM EST | October 21, 2024
PIL Names Largest LNG-Powered Containerships Duo in Its Fleet
'Together with another 11 new dual-fuel ships we have on order, they mark the start of our program to renew and modernize our fleet'.
2:37 AM EST | October 21, 2024
Total Plans Major Halt at its Biggest European Refinery in 2025
The Total refinery is the biggest in Antwerp, located in the heart of Europe's oil-trading hub.
8:00 AM EST | October 19, 2024
US DOE Plans to Invest $1.5 Billion in Gevo SAF Project
'This valuable commitment to help finance NZ1, if finalized, should also attract other capital investments to unlock SAF commercialization given the robust due diligence conducted by the agency'.
3:00 PM EST | October 18, 2024
RNG Firm Secures $207MM Funding from Climate Firm
The funds will be used to develop facilities to convert landfill gas into RNG at Ohio landfills.
7:21 AM EST | October 18, 2024
EU Has Storage Capacity to Survive End of Ukraine Gas Transit: Operators
'Even in case of a full Russian pipeline supply disruption, cooperation between the countries and demand measures could allow for a more efficient injection during the summer 2025 in preparation for the next winter'.
5:37 AM EST | October 18, 2024
Terviva Biofuel Feedstock Production Gets Boost from Chevron Partnership
Chevron's backing will allow Terviva to grow more pongamia as a biofuel feedstock.
3:00 AM EST | October 18, 2024
China Oil Refining, Steel Output Continue to Slump
Oil refining fell to a three-month low of 58.73 million tons as more units were shuttered for seasonal maintenance.
2:30 AM EST | October 18, 2024
Phillips 66 to Shut Down LA Refinery as Newsom Doubles Down
Chief executive Mark Lashier cited uncertainty from 'market dynamics'.
11:01 AM EST | October 17, 2024
Santos Starts Up 1.7 MMtpa Aussie CCS Project
'Santos expects to inject approximately 250,000 tonnes (gross) of CO2 in 2024, with the project already at full injection rates'.
4:44 AM EST | October 17, 2024
BSOG, DN AGRAR to Build 15 MW Biomethane Facility in Romania
'While commercial scale production of biomethane is well established in Western Europe, this project represents the first of its kind in Romania'.
7:20 AM EST | October 16, 2024
3 Japanese Firms Bag Design Contract for CCS Project in Hokkaido
The consortium will conduct specific technical studies on CO2 separation and capture as well as CO2 transport and storage.
5:27 AM EST | October 16, 2024
Aramco Cancels Saudi Chemical Project as It Focuses on Asia
Saudi Aramco has canceled plans to build a refinery and chemicals project in the kingdom.
5:00 PM EST | October 15, 2024
Macquarie Strategists Forecast USA Crude Inventory Build
Macquarie strategists are forecasting that U.S. crude inventories will be up for the week ending October 11.
10:51 AM EST | October 15, 2024
Singapore, South Korea Eye Joint LNG Procurement Program
'While we continue to pursue alternative energy sources, natural gas will continue to account for a significant share of Singapore's energy mix during the energy transition'.
4:54 AM EST | October 15, 2024
Reliance Logs Nearly 25 Pct YoY Fall in Downstream Earnings on Lower Prices
'Unfavorable demand-supply balance led to sharp ~50 percent decline in transportation fuel cracks and continued weakness in downstream chemical deltas'.
3:13 AM EST | October 15, 2024
Woodside Says Scarborough Trunkline Completed
Woodside said it had hurdled a critical step toward the start of LNG production in 2026.
2:30 AM EST | October 15, 2024
TotalEnergies Contracts Fourth LNG Refueling Ship
TotalEnergies plans to deploy the new ship in Oman, where it has an LNG project with a planned capacity of 1 MMtpa.
4:28 AM EST | October 14, 2024
Chennai Petroleum in Talks to Raise $3.3B for Refinery
The funds will help build a proposed 9 million ton a year oil processing plant in the southern state of Tamil Nadu.
8:00 AM EST | October 13, 2024
2 Dead After Chemical Leak at Pemex Houston Area Refinery
Two people are dead and 35 are injured after a chemical release.
5:00 PM EST | October 11, 2024
McDermott to Sell CB&I Storage Business for $475MM
CB&I has a global footprint and is a leading designer and builder of storage facilities, tanks and terminals.
5:39 AM EST | October 11, 2024
Vertex Returns Alabama Refinery to Traditional Fuels Production
The Mobile, Alabama refinery that Vertex retrofitted to also enable renewable diesel production after acquisition from Shell is back to producing only conventional fuels.
1:30 PM EST | October 10, 2024
QatarEnergy Inks Long-Term Naphtha Supply Deal with Shell
The 20-year agreement is for the supply of up to 18 million tons of naphtha to be delivered to Shell starting in April 2025.
7:29 AM EST | October 10, 2024
LNG Shipping Firm Inks Agreement with Eni for Bunker Vessel
The agreement is for the LNG bunker vessel Avenir Aspiration, which has a capacity of 7,500 cubic meters.
5:33 AM EST | October 10, 2024
Santos Finalizes $800 Million Loans for Darwin LNG Life Extension Project
'With these facilities in place, Darwin LNG is well-funded to complete the life extension works scheduled for mid-2025 and it positions Darwin LNG to consider future expansion of this important infrastructure'.
5:31 AM EST | October 10, 2024
Could All Florida Gas Stations Run Out of Fuel Due to Hurricane Milton?
That's the question Rigzone posed to Patrick DeHaan, the head of petroleum analysis at GasBuddy.
4:06 AM EST | October 10, 2024
China Diesel Demand Growth Under Pressure
Analysts at BMI said mainland China's diesel demand growth is under pressure from natural gas and the electrification of the transport sector.
11:30 AM EST | October 09, 2024
Exxon Mobil in Talks to Close Share Sale in Key German Refinery
Exxon Mobil Corp. is in advanced talks with other shareholders to pave the way for its sale of a stake in Germany's second-biggest refinery.
10:00 AM EST | October 09, 2024
Lafarge Canada Replaces Half of Gas Usage with New Low Carbon Facility
The facility will reduce the plant's reliance on traditional fuels by replacing up to 50 percent of natural gas used in one of its kilns.
8:08 AM EST | October 09, 2024
Chevron Delays Pipeline Expansion Project in Israel amid War
Chevron expects a delay of about six months.
2:30 AM EST | October 09, 2024