Kuwait's oil minister announced a new strategy to boost fossil fuel production on Monday and said his country would prepare the infrastructure for the Durra gas field, which it shares with Saudi Arabia and Iran claims a stake in.The strategy…
Venezuela and Trinidad and Tobago, along with firms participating in a joint offshore project, have begun price negotiations for exporting Venezuelan natural gas to the Caribbean island, following a U.S. authorization received earlier this year…
The Biden administration's five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature the lowest number of auctions in the history of the program in the four years to follow, according to three sources familiar with the matter…
A new LNG floating storage regasification unit (FSRU) arrived in western France on Monday morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.Demand for liquefied natural gas (LNG) in Europe has grown in the wake of the war in Ukraine…
Malaysia's Petroliam Nasional Berhad (Petronas) will focus on bolstering its capital position to deal with increasing volatility in the energy market and 'restrictive' access to financing, the state oil firm's chief executive said on Wednesday…
Eni has started production of oil and gas from the Baleine Field, located in the waters offshore Côte d’Ivoire.The milestone comes less than two years after the discovery in September 2021 and less than a year and a half after final investment decision…
Asian spot liquefied natural gas (LNG) prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.The average…
Israel on Wednesday said it will boost natural gas production from its offshore Tamar field and increase exports to Egypt, which is contending with rising demand and falling output.Exports to Egypt will be increased by an additional 38.7 billion cubic meters (bcm) of natural gas over 11 years…
Wintershall Dea on Wednesday announced it has started production from the Dvalin gas field in the Norwegian Sea together with the partners Petoro and Sval Energi, providing significant new gas volumes to the European market.The field helps underpin…
Threatened strikes by workers at Australian liquefied natural gas (LNG) providers would need to last more than a month to significantly push up global prices, analysts said this week.The Woodside Energy and Chevron operations supply about 10%…
Classification society ABS announced it has granted approval In principle (AIP) to Wison Offshore and Marine’s (WOM) Extended FEED on its standardized 3.5 MTPA floating liquefied natural gas (FLNG) design.WOM has said the standardized design…
Brazil's state-run oil company Petrobras said on Thursday the reinjection of natural gas in wells is essential to its oil production, especially in its pre-salt fields.Speaking at an event, its Chief Executive Jean Paul Prates also said the…
OMV Petrom, the largest integrated energy company in South-Eastern Europe, and Romgaz, the largest producer of natural gas in Romania, have approved the development plan for the Domino and Pelican South commercial natural gas fields in the Neptun Deep block…
Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.China National…
Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters.Proposals by the new centrist Cypriot government, which came to power in March…