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China LNG Tariff Casts Shadow Over New US Export Terminals

Sep 18, 2018

China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the world's second-largest LNG seller.Beijing on Tuesday said it would tax U…

China Harbour Engineering to Build Berri Field in Saudi Arabia

Sep 17, 2018

Saudi Arabian oil giant Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two  drilling islands under the company’s Berri Increment Program (BIP).The objective of the BIP is to produce an additional 250…

China's CCCC Wins $398 mln Contract to Build Mombasa Oil Terminal

Sep 13, 2018

China Communications Construction Co has won a $398 million contract to build a new oil terminal at Kenya's main port of Mombasa, the acting head of the Kenya Ports Authority said on Thursday.Daniel Manduku said the new terminal, whose construction will take 18 months…

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…

Current News

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

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