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U.S. Energy Secretary to Russia: Joint Work Could Help Market Stability

Sep 13, 2018

U.S. Energy Secretary Rick Perry said on Thursday he had told his Russian counterpart Alexander Novak in talks in Moscow that Washington and Moscow could work together as leading energy producers to ensure global market stability.Perry said…

Green Energy on the Rise in Thailand

Sep 13, 2018

BCPG Public Company is looking at ways in which innovation in technology and energy management are encouraging consumers to generate reusable energy and sell it on the retail market, Bundit Sapianchai told Oxford Business Group’s online broadcasting channel…

Qatargas, PetroChina Sign 22-Years LNG Supply Deal

Sep 10, 2018

Qatargas, the world’s largest LNG producer,  has announced a long-term Sale and Purchase Agreement (SPA) with PetroChina International Company Limited, a unit of PetroChina Company Limited (PetroChina), to supply China with around 3.4 million tonnes of liquefied natural gas (LNG) per annum…

Russia's Novatek Signs LNG Agreement with Japan's JOGMEC

Sep 10, 2018

Russia's Novatek said on Monday it had signed a framework agreement with Japan Oil, Gas and Metals National Corp (JOGMEC) to cooperate on Novatek's liquefied natural gas (LNG) projects in the north of Russia.'The parties agreed to explore opportunities…

Russia's Gazprom to Start Gas Auctions -Ifax

Sep 07, 2018

Russia's Gazprom plans to start its export gas auctions from Sept. 17 for deliveries to Germany, Austria and Slovakia, Interfax news agency reported on Friday.Gazprom began experimenting with auction sales a couple of years ago as a possible…

China, ExxonMobil Discuss $10 bln Investment in Guangdong

Sep 07, 2018

Chinese officials and executives of ExxonMobil Corp discussed a $10 billion investment by the U.S.-based firm in the southern province of Guangdong, Chinese state television reported on Friday.The state TV report, during its summary of a meeting…

Huisman, ATC Offer Offshore Crane Training in Singapore

Sep 06, 2018

Huisman, a worldwide provider of stepchanging technical solutions, and the Australasian Training Company (ATC) signed a cooperation agreement for the joint offering of Offshore Crane Operator, Offshore Rigger, Offshore Crane Inspector and other…

US Gulf Oil Output Takes a Hit from Storm

Sep 05, 2018

Tropical Storm Gordon forced a cut of 9.36 percent of crude oil production in U.S.-regulated areas of the Gulf of Mexico, slightly more than Tuesday, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Wednesday.Natural gas output in the northern Gulf of Mexico was cut by 10…

Indonesia to Issue Rules on Crude Oil Sales Next Week

Sep 05, 2018

* Indonesia expects to issue rules next week prioritising Pertamina and other domestic refinery operators in sales of crude oil produced locally by contractors, Oil and Gas Director Djoko Siswanto said on Wednesday* The rules require Pertamina…

DNV GL Rolls-out Digital Hub in Singapore

Sep 04, 2018

DNV GL has launched a digital hub in Singapore as part of the transformation of the oil and gas, maritime and energy industries toward digitalization, including increased cyber security and smart infrastructure.The new Singapore hub is called Digital Consulting and Smart Cities…

Unique Group Acquires Water Weights

Sep 04, 2018

Offshore solutions provider Unique Group said it has completed the acquisition of the Aberdeen-headquartered, load-testing equipment provider Water Weights. The newly acquired specialist will be an addition to Unique Group’s Buoyancy & Ballast division…

Southwestern Energy to Sell Shale Business

Sep 04, 2018

Oil and gas producer Southwestern Energy Co said on Tuesday it would sell its Fayetteville shale business to privately owned Flywheel Energy LLC in an all-cash deal for about $1.87 billion.As part of the deal, Flywheel will assume $438 million of future contractual liabilities…

China Will Buy More LNG, but Wants it Smoother, Less Lumpy: Russell

Sep 04, 2018

China appears set to once again boost its purchases of liquefied natural gas (LNG) for the northern winter, but unlike last year's rush, this time the process is likely to be more organised and stable.In recent weeks there have been several…

Bibby Hydromap's DriX Completes Trials

Sep 02, 2018

UK-based survey specialist Bibby HydroMap have announced the successful completion of testing of ‘DriX’, the 8-metre Autonomous Unmanned Survey Vessel (AUSV) developed by iXblue.Designed to provide a true extension of survey capability from shallow and inshore waters to a full offshore environment…

Russia's Gazprom Does Not Rule Out Dividend Rise

Aug 31, 2018

Russian gas giant Gazprom may increase dividends on 2018 results, however it is more likely to raise them after 2020 once the current investment cycle is over, Alexander Ivannikov, the head of company's financial department said on Friday.Gazprom…

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