The latest oil and gas news from around the world.
Updated: 1 hour 46 sec ago
Biden Urged to Halt Approvals of Deepwater Oil Export Facilities for Review
The Transportation Department said extensive environmental reviews are already required to obtain a license for a deepwater port.
SLB JV, Subsea7 Bag EPCI Contract from OKEA for Bestla
The integrated contract is for the development of the Bestla, formerly known as Brasse, Project in the North Sea, offshore Norway.
ExxonMobil Gets New Board Member
Ardinall Investment Management chief executive Maria Jelescu Dreyfus has joined ExxonMobil's board.
API Inks Know-How Exchange MOU with Brazil's IBP
'This alliance solidifies our shared vision of strengthening Brazil's energy infrastructure'.
Enbridge Seeks to Grow Shipping Capacity of Oil Pipeline Serving Texas Hub
The Canadian company is asking shippers to commit to an expansion that would add up to 120,000 bpd of capacity on the Gray Oak pipeline.
ExxonMobil to Supply Turkiye with LNG for 10 Years
BOTAS signed up for up to 2.5 MMtpa of LNG for 10 years from ExxonMobil.
NNPC Assures It Has Enough Petrol for a Month
'In filling stations monitored across several states, including Lagos and the FCT, the queues have since thinned out, a development that will keep improving daily in other states'.
PDVSA Protests Citgo Bidding Process at US Court
Venezuela's state-owned oil company is objecting to the bidding process for the court-ordered sale of a unit that owns US-based refiner Citgo Petroleum.
Qatar Inks Charter Deal with Nakilat for Nine More LNG Tankers
QatarEnergy signed a 'long-term' charter agreement with Nakilat assigning Nakilat ownership and operatorship of nine QC Max-size LNG vessels.
China's First Oil Shipment From Niger Stymied by Border Dispute
China's first shipment of crude from Niger has been blocked by a border dispute.
Oil Edges Higher on Technicals as Stockpiles Fall
Oil edged higher as key technical levels provided a floor for losses while investors digested a mixed US inventories report.
ATCO Unit to Build New Gas Pipeline in Alberta
It will support energy, petrochemical, building materials and hydrogen projects that use natural gas and carbon capture technology.
Talos Energy Swings to Loss for Q1
Talos posted a net loss of $112.4 million for the first quarter of 2024.
Equinor Buys Stakes in USA Lithium Projects
'Sustainably produced lithium can be an enabler in the energy transition, and we believe it can become an attractive business'.
Biden Raises Oil Price USA Is Willing to Pay to Refill Reserves
The Biden administration raised the price it's willing to pay to refill the country's emergency oil reserves.
API Comments on Final EPA Revisions to GHG Reporting Program
'API has raised serious concerns'.
Shell to Sell Refining, Chemical Assets in Singapore
The Energy and Chemicals Park comprises Shell's integrated refining and chemicals assets on Pulau Bukom and Jurong Island.
Occidental Exceeds Expectations with $718MM Profit
Occidental said lower lease operating costs in the U.S. offset weaker global oil prices and lower domestic petroleum volumes.
JP Morgan Analysts Talk Trump 2.0 and Commodity Impact
Analysts at J.P. Morgan looked at 'key policies' that could change under a new Donald Trump administration.
Adnoc Inks 3rd Ruwais LNG Supply Agreement with Germany's EnBW
'The Ruwais LNG project continues to gain momentum'.
