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LNG demand to remain firm despite Ukraine conflict, according to a GlobalData poll
Liquified natural gas (LNG) deals with the transport of natural gas across continents via specially designed tankers or LNG carriers. …
Stopping fireside metal wastage in waste-to-energy and biomass boilers
Waste-to-energy (WtE), or energy derived from burning waste and biomass, is growing rapidly as countries seek to increase green power …
Russian oil and gas producers see 41% drop in revenue
In the first nine months of 2023, the revenues of Russia’s largest oil and gas producers dropped by 41% due …
Maha Energy to sell remaining stake in Omani Block 70
Swedish oil and gas company Maha Energy has announced plans to sell its 65% working interest in Oman’s Block 70 …
Gail India files $1.82bn arbitration claim against former unit of Gazprom
State-owned Gail India has filed a lawsuit against a former unit of Russian energy giant Gazprom, seeking $1.82bn in damages …
TotalEnergies to sell stake in South African refinery to Prax
TotalEnergies has agreed to offload a minority stake in National Petroleum Refiners of South Africa (Natref) to energy company Prax …
Indonesia approves Inpex’s Abadi Masela gas project
Indonesia has reportedly approved a revised development plan for the Abadi gas project in the Masela Block, reported Reuters citing …
Chesapeake Utilities acquires Florida City Gas
Chesapeake Utilities has expanded its customer base and natural gas infrastructure in Florida, US, with the completion of the acquisition …
COP28 Day 3: US, UAE and China lead methane announcement blitz
On Saturday, during the third day of COP28, global leaders unveiled a raft of new announcements targeting methane at a …
Petrostates to lose $8trn of fossil-fuel income by 2040
COP28 host the United Arab Emirates (UAE) is among 28 petrostates that risk losing over half their revenues from fossil …
Cautious optimism as ‘fossil fuels’ included in COP28 Global Stocktake draft
DUBAI - COP28 have negotiators released the first draft of their response to the Global Stocktake synthesis report, showing the …
Oil prices recover after underwhelming OPEC+ cuts
Global oil prices recovered somewhat on Friday after delayed OPEC+ talks resulted in underwhelming voluntary cuts by producers. Brent crude futures, …
COP28 president calls on oil and gas companies to do more
This year’s COP28 president Sultan Ahmed Al-Jaber has called on global oil and gas companies to do more to achieve climate goals. During …
Williams completes $1.27bn DJ Basin acquisitions
US natural gas company Williams has completed two acquisitions, bolstering its position in the Denver-Julesburg (DJ) Basin. With a combined value of …
OKEA postpones Statfjord Area acquisition from Equinor
Norwegian oil and gas company OKEA has postponed the acquisition of a 28% working interest in PL037 (Statfjord Area) from Equinor. The deal, …