India's state-run Oil and Natural Gas Corp wants to eventually receive a share of crude from a Russian project it partly owns, but is willing to wait because Russian oil is hard to ship right now, the head of ONGC's overseas investment arm, ONGC Videsh…
An offshore hydrogen and ammonia production platform design from the Korea Research Institute of Ships & Ocean Engineering (KRISO) has received approval in principle (AIP) from ABS.Developed by KRISO, the unit is designed to produce green hydrogen using electricity generated by a wind farm…
The CEOs of top Saudi Arabian and U.S. oil producers Aramco and Exxon Mobil on Monday pushed back against forecasts that oil demand will peak, and said the transition to cleaner energy to fight climate change would require continuing investment in conventional oil and gas…
Japan will ensure stable and steady energy supply to the country even after the U.S. imposed fresh sanctions related to Russia's Arctic LNG 2 project, Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Tuesday.The Arctic LNG 2 project…
Two Ulstein-designed Service Operation Vessels (SOV) for Shanghai Electric were launched at the ZPMC construction yard in China on Saturday, September 16.The two vessels are of the ULSTEIN SX195 and SX197 design, carrying 100 POB and 60 POB…
Chevron said on Monday full production had resumed at its strike-hit Wheatstone liquefied natural gas (LNG) facility in Western Australia after a fault last week cut production by about one-fifth.Wheatstone and the nearby Gorgon facility account for over 5% of global LNG supply…
Australia's Offshore Alliance union said on Sunday that workers had begun a second 24-hour strike at Chevron's liquefied natural gas (LNG) plants in Western Australia.'Another 24hr stoppage has been applied across all 3 facilities with 15% of…
Pakistan on Friday announced a record rise in petrol and diesel prices, the second big increase in two weeks for the South Asian nation that is already struggling with high inflation.The government has raised petrol prices by 26.02 rupees to 331…
Appetite for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted global prices, while Tehran is stepping up output and exports despite U.S. sanctions.Although China's 'teapots'…
A fault at Chevron's Wheatstone facility in Australia temporarily shut about a quarter of its liquefied natural gas (LNG) production on Thursday, the same day that unionized workers escalated strike action.A Chevron spokesman said the cause…
Oil and gas driller ADES Holding is expected to price its initial public offering (IPO) at the top of a range announced this week, one of the banks on the deal said on Thursday.The company backed by Saudi Arabia's PIF sovereign wealth fund is expected to price its shares at 13…
Qatargas has changed its name to “QatarEnergy LNG,” to emphasize a future vision for Qatar’s liquefied natural gas (LNG) industry, QatarEnergy said Thursday.'With a new name and logo, “QatarEnergy LNG” will continue to deliver on its commitment to safety…
Chevron has asked Australia's Fair Work Commission (FWC) to intervene in its dispute with workers on strike at two major liquefied natural gas facilities, banking on new laws that came into effect in June and which empower the industrial arbitrator…
Longboat Energy, an E&P company active in Norway and Malaysia, has agreed to acquire privately held Topaz Number One Limited ('Topaz'), increasing its working interest in the Production Sharing Contract over Block 2A offshore Sarawak, Malaysia ('Block 2A') to 52…
Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance, Interfax news agency reported on Tuesday, quoting Gazprom's Deputy CEO Vitaly Markelov.The company has said it planned maintenance in July without providing a timeframe…
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