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Why we use gas to power our vessels

*LNG Abalamabie, an NLNG-owned vessel Esther Oritse Lagos — The management of the Shipping arm of the Nigerian Liquified Natural Gas, NLNG, has said that the protection of the environment and the move to emit […]

OMV makes “significant” gas discovery in Norwegian Sea, estimates up to 140 million barrels

(WO) — OMV (Norge) AS, the operator of the PL 1194 license, announced a significant gas discovery in the Norwegian Sea. The well, drilled by the Transocean Norge rig, encountered estimated recoverable volumes between 30 […]

Senegal forms commission to review oil and gas contracts, may prompt revisions

(Bloomberg) — Senegal’s government set up a commission to examine natural-resource contracts awarded to foreign investors and establish whether they comply with the West African nation’s laws, Prime Minister Ousmane Sonko said. The […]

OPEC⁺ faces moment of truth on planned output increase

The recent slides in front-month Brent futures prices, calendar spreads and refinery margins, amid concerns about the outlook for petroleum consumption, have dramatized the danger of getting it wrong. Boosting production despite downward revisions to […]

China’s biofuel firm Jiaao brings in BP as investor for SAF unit

*BPBeijing — Chinese biofuel firm Zhejiang Jiaao Enprotech said on Friday its sustainable aviation fuel (SAF) unit has entered an investment deal with BP, the first alliance involving a global oil major in China’s nascent […]

Philippines’ biggest oil import storage firm seeks strategic investor, sources say

Singapore’s Keppel Infrastructure Trust and Philippine conglomerate Metro Pacific Investments Corp (MPIC) are weighing the deal that could potentially value the asset at up to $500 million, one of the people said. Keppel Infrastructure Trust declined […]

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Why we use gas to power our vessels

OMV makes “significant” gas discovery in Norwegian Sea, estimates up to 140 million barrels

Senegal forms commission to review oil and gas contracts, may prompt revisions

OPEC⁺ faces moment of truth on planned output increase

China’s biofuel firm Jiaao brings in BP as investor for SAF unit

Philippines’ biggest oil import storage firm seeks strategic investor, sources say

Halliburton alerts oil clients after cybersecurity breach, activates response plan

Group warns against Shell’s TNP shutdown threats

Enbridge CEO sees “colossal” AI power use, increased U.S. oil, LNG demand

Oil set to end week lower on demand concerns, easing supply woes