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Venture Global’s LNG tanker will likely head to Germany, LSEG data shows

The U.S. is the world’s largest exporter of the superchilled gas and a key provider of gas to Europe in the wake of Russia’s invasion of Ukraine. Plaquemines LNG recently began producing first LNG and […]

Gazprom’s gas output to rise to around 416 bcm in 2024

The increase is from an all-time low production in loss-making 2023, when output plummeted by 13% amid a fall in gas exports to Europe, once Gazprom’s primary source of revenue, as relations with the West […]

Russia declares federal emergency over Black Sea oil spill

The tankers were hit by a storm on Dec. 15. One split in half and the other ran aground. The resulting spill has coated sandy beaches at and around Anapa, a popular resort, and caused […]

News

Sanha Project achieves first gas in milestone for Angolan diversification

The Sanha Lean Gas Connection project – situated in Angola’s Benguela province – has achieved first gas production. Spearheaded by the Cabinda Gulf Oil Company – energy major Chevron’s Angolan subsidiary – the project will […]

Oil edges up on China stimulus hopes, US inventory drop

*Global oil flow. – API shows US crude stocks fall 3.2 million barrels, sources say– China to ramp up fiscal support for consumption next year– World Bank raises China’s GDP forecast for 2024, 2025 London […]

Angola’s Sanha Lean Gas connection project achieves first gas

*Angola’s Sanha Lean Gas. Luanda, Angola — The Sanha Lean Gas Connection project – situated in Angola’s Benguela province – has achieved first gas production. Spearheaded by the Cabinda Gulf Oil Company – energy major […]

Seatrium awarded FPU contract for bp’s Kaskida development in Gulf of Mexico

Seatrium Limited has signed a contract with BP Exploration and Production Inc (bp) to perform engineering, procurement, construction and onshore commissioning (EPC) work for the Kaskida Floating Production Unit (FPU) project in the U.S. Gulf […]

Japan aims to cut greenhouse gas emissions 60% by 2035 vs 2013 levels

The move follows the Biden administration’s news U.S. target under the Paris climate agreement to slash GHG emissions by 61%-66% below 2005 levels by 2035, a goal officials called achievable by states even if President-elect Donald […]

Falcon completes drilling on second well of Shenandoah South Pilot Project

Falcon Oil & Gas Ltd. has announced that the Shenandoah S2-4H horizontal well was successfully drilled, cased and cemented to a measured depth of 6,452 meters (21,169 feet) in exploration permit 98 in the Beetaloo […]

Falcon completes drilling on second well of Shenandoah South Pilot Project

Falcon Oil & Gas Ltd. has announced that the Shenandoah S2-4H horizontal well was successfully drilled, cased and cemented to a measured depth of 6,452 meters (21,169 feet) in exploration permit 98 in the Beetaloo […]