Gas
Aramco to enter global LNG business by acquiring stake in MidOcean Energy
- Aramco agrees to acquire a strategic minority stake in MidOcean Energy for $500m, with option to increase size of shareholding - Strategic partnership enables Aramco to tap into international LNG opportunities DHAHRAN, Saudi Arabia, Sept. 28, 2023 /PRNewswire/ -- Aramco, one of the world's l...
CNOOC Limited Announces Bozhong 28-2 South Oilfield Second Adjustment Project Commences Production
HONG KONG, Sept. 25, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that the Bozhong 28-2 South Oilfield Second Adjustment Project has commenced production. The project is located in southern Bohai Sea, with an...
CNOOC Limited Announces Lufeng 12-3 Oilfield Development Project Commences Production
HONG KONG, Sept. 25, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Lufeng 12-3 Oilfield Development Project has commenced production. The project is located in the eastern South China Sea, with an average ...
The International Gas Union (IGU) today releases its 2023 Global Wholesale Gas Price Survey report
2022 was a Milestone Year for Gas as a Global Commodity, and Record-High Prices In Many Regions, as Russian exports toEurope fell sharply. LONDON, Sept. 21, 2023 /PRNewswire/ -- The International Gas Union (IGU) today releases its 2023 Global Wholesale Gas Price Survey report, the 15th undertake...
OIL & GAS ASIA OPENS BIGGER 2023 SHOW TO DRIVE BUSINESS MOMENTUM IN ENERGY TRANSFORMATION
KUALA LUMPUR, Malaysia, Sept. 14, 2023 /PRNewswire/ -- Thousands of energy
professionals converged at Oil and Gas Asia 2023 when the show opened its doors
on Wednesday with the co-located EIC Asia Pacific Energy Conversations at
the Kuala Lumpur Convention Centre
Avenir LNG places LNG bunker trio with Wilhelmsen Ship Management
SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- London-headquartered global energy supplier for small-scale LNG and gas carrier owner Avenir LNG Limited (Avenir) has awarded the management of three LNG bunker vessels to Wilhelmsen Ship Management (Wilhelmsen). The vessels awarded are Avenir Achievement...
Venture Global and Baker Hughes Announce Expanded Master Equipment Supply Agreement to Support Venture Global's Long-Term Expansion Plan
* Long-term Expansion plan will increase Venture Global's production to more than 100MTPA across its current and future projects both in and outside of Louisiana * Expanded Master Equipment Supply Agreement with Baker Hughes to support expansion SINGAPORE, Sept. 5, 2023 /PRNewswire/ -- Today, ...
GLOBAL POLICYMAKERS TO PROGRESS ENERGY TRANSITION AT GASTECH 2023
SINGAPORE, Sept. 5, 2023 /PRNewswire/ -- Global leaders and policymakers are convening inSingapore today at Gastech 2023. Discussions come at a critical moment for the industry – following price disruptions due to concerns of refinery strikes inAustralia – and will focus on the role of natural ga...
Sinopec Announces Major Gas Field Discovery in Sichuan Basin, China
A key breakthrough of Project Deep Earth-Sichuan and Chongqing natural gas base, phase-I of the Bazhong gas field adds 30.55 billion cubic meters of proven geological reserves CHONGQING, China, Aug. 23, 2023 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has receiv...
Net Production Hit Record High while Cost Competitiveness Further Strengthened
- CNOOC Limited Announces the 2023 Interim Results HONG KONG, Aug. 17, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today its 2023 interim results for the six months endedJune 30, 2023. In the first half of the yea...
NATURAL GAS, LNG AND HYDROGEN IN FOCUS AT GASTECH LEADERSHIP ROUNDTABLES
SINGAPORE, August 2, 2023 /PRNewswire/ -- As businesses and leaders from across the energy ecosystem set out on the path to net zero by 2050, natural gas, LNG, and hydrogen are emerging as key enablers of future energy security and accelerators of the energy transition. This will be in sharp focu...
FERC ISSUES POSITIVE FINAL EIS FOR CP2 LNG
ARLINGTON, Va., July 29, 2023 /PRNewswire/ -- Today, Venture Global LNG issued the following statement after the Federal Energy Regulatory Commission (FERC) issued a positive final environmental impact statement (FEIS) for Venture Global's third project, CP2 LNG. "Venture Global thanks the Comm...
IGU Releases the 2023 World LNG Report
In the Most Turbulent Year of Gas Markets History, LNG demonstrated essential value as a flexible, reliable, available energy resource for a secure energy transition VANCOUVER, BC, July 12, 2023 /PRNewswire/ -- The International Gas Union (IGU) is releasing its 14th annualWorld LNG Report, the ...
CNOOC Limited Announces Its First Onshore Centralized Photovoltaic Project Connected to the Grid
HONG KONG, July 5, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that the Company's first onshore centralized photovoltaic project – the Animal Husbandry-solar Complementary Project in Hezuo City, Gannan Autonomo...
Venture Global and SEFE Announce 20-year LNG Sales and Purchase Agreement
* Venture Global set to become Germany's largest LNG supplier, with a combined 4.25MTPA of 20-year offtake agreements signed * Approximately half of CP2 20MTPA nameplate capacity has been sold, with 1/3 of the contracted capacity committed to German customers * Construction expected to begin...
HH Global aligned to the Net Zero Standard
LONDON, June 6, 2023 /PRNewswire/ -- As part of our commitment to continued sustainable leadership, environmental impact and accountability, we are proud to be the first company in our space, and among the first companies in the world, to receive approval from the Science Based Targets Initiative...
Aker Horizons awarded up to NOK 135 million in financing from Innovation Norway for Rjukan green hydrogen project
FORNEBU, Norway, June 1, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced that Aker Horizons Asset Development, the company's wholly-owned asset development arm dedicated to hydrogen projects, has been awarded up toNOK 135 million in gra...
CNOOC Limited Announces China's First Offshore CCS Demonstration Project Commissioned
HONG KONG, June 1, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) today announces the official commissioning ofChina's first offshore CCS demonstration project. The CCS project is an auxiliary part of the Enping 15-1 oilfields development. Enping 15-1 oilfield is ...
CNOOC Limited Announces Buzios5 Project Commences Production
HONG KONG, June 1, 2023 /PRNewswire/ -- CNOOC Limited ("the Company", SEHK: 00883, SSE: 600938) announces today that Buzios5 Project has commenced production safely. Buzios oilfield is located in the Santos Basin, southeast offshore of Brazil, with a water depth of 1,900 to 2,200 meters. It is t...
Venture Global Announces Closing of $4,500,000,000 Senior Secured Notes
ARLINGTON, Va., May 27, 2023 /PRNewswire/ -- Venture Global LNG, Inc. ("Venture Global") announced today that it has closed its inaugural offering of$4,500 million aggregate principal amount of senior secured notes which have been issued in two series: (i) a series of 8.125% senior secured notes ...
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