Tokyo Gas Co, Japan’s largest gas utility and a major LNG player, and British energy supplier Centrica agreed on Tuesday to jointly purchase 2.6 million tonnes of LNG per year Continue Reading
Storage tanks already cool from decade-oil import Sempra Energy’s Cameron LNG export terminal is “very close” to startup and could be ready to begin producing LNG in the next few Continue Reading
French oil and gas major Total’s discovery offshore South Africa could be around 1 billion barrels of total resources and is “probably quite big”, the company’s chief executive Patrick Pouyanne, Continue Reading
Somalia is set to inch close to oil exploration with the unveiling of the block delineation and legal and regulatory framework to guide the sector on Thursday. The move is Continue Reading
Global discoveries of conventional oil and gas could jump to 20 billion barrels of oil equivalent this year as an industry-wide recovery in exploration activity continues to ramp up, research Continue Reading
When Washington announced its latest sanctions against Venezuela, targeting specifically state oil company PDVSA, there was worry—and hope, depending on perspective—that this will push crude oil prices higher. What happened Continue Reading
Venezuela’s state oil firm PDVSA is looking to sell more of its oil to customers in Europe and Asia as the U.S. sanctions are cutting off U.S. buyers of its Continue Reading
Vaca Muerta, the biggest shale play in Argentina, led a year-on-year increase in oil and natural gas production in 2018 in Neuquen, as more companies bet on the resources for Continue Reading
Tilapia is crude oil, while Haimara is gas condensate Haimara may open up a new play area: companies An ExxonMobil-led consortium has made two more discoveries offshore Guyana they call Continue Reading
The imposition of US sanctions against Venezuela has altered naphtha trade flow, with tankers booked to carry product there seen failing and others sailing laden seen rerouted as charterers seek Continue Reading
