Gas

IGU 2022 Global Wholesale Gas Price Survey Report

Global Gas Market Continues to Become More Flexible and Responsive as the Share of Competitively Priced LNG Stayed on an Upward Trend in 2021. However, there was a slowdown in the growth trend of competitively priced gas, as a share of Total Gas Consumed – for the First time since 2017. LONDON, ...

2022-10-05 19:29 2188

CNOOC Limited supports the HKSAR Government's initiatives of encouraging the adding of RMB-denominated stock trading counters and optimizing the trading mechanism in Hong Kong

HONG KONG, Oct. 3, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) is pleased to announce today the support for the Hong Kong Special Administrative Region (HKSAR) Government's initiatives of encouraging the adding of RMB-denominated stock trading counters as well as ...

2022-10-03 15:03 4239

Bahrain's Electricity and Water Authority tenders landfill remediation project in preparation for a 100 MW solar farm

MANAMA, Bahrain, Sept. 29, 2022 /PRNewswire/ -- Bahrain's Electricity and Water Authority (EWA) launched its tendering process to appoint a qualified contractor to remediate a two square kilometre landfill site to prepare the plot for the development and implementation of a solar project with a m...

2022-09-29 21:20 3175

Crowley and Eastern Pacific Shipping Partner with Long-term Charters for Four LNG-Fueled Containership Newbuilds

The latest generation 1,400-TEU quartet reflects both organizations' commitment to the industry's clean energy transition JACKSONVILLE, Fla., Sept. 19, 2022 /PRNewswire/ -- U.S. shipping and logistics company Crowley has awardedSingapore-based Eastern Pacific Shipping (EPS) a contract for the ch...

2022-09-19 21:19 3638

CNOOC Limited Announces Kenli 6-1 Oilfield 10-1 North Block Development Project Commenced Production

HONG KONG, Sept. 13, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) announced today that Kenli 6-1 Oilfield 10-1 North Block Development Project commenced production. The development project locates in the south of Bohai Sea, with average water depth of about 19 m...

2022-09-13 08:18 2458

Asia-Pacific energy association appoints leading industry executive as CEO

SINGAPORE, Sept. 7, 2022 /PRNewswire/ -- The Asia Natural Gas & Energy Association (ANGEA) has announced the appointment of Mr.Paul Everingham, a highly respected energy industry leader, as its inaugural CEO. Mr. Everingham joins ANGEA after serving as the CEO of Chamber of Minerals and Energy...

2022-09-07 13:09 4120

Shell to sell interest in Aera Energy to IKAV

HOUSTON, Sept. 2, 2022 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV for a total consideration of approximately$2 billion in cash with additional...

2022-09-02 04:35 2858

CNOOC Limited Announces Dongfang 1-1 Gas Field Southeast Zone and Ledong 22-1 Gas Field South Block Development Project Commenced Production

HONG KONG, Sept. 1, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) announced today that Dongfang 1-1 Gas Field Southeast Zone and Ledong 22-1 Gas Field South Block Development Project commenced production ahead of schedule. The development projects locate in Yingg...

2022-09-01 16:46 3678

Net Profit Doubled, Record-high Dividend Declared

HONG KONG, Aug. 25, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) today announced its 2022 interim results for the six months endedJune 30, 2022. During the period, the Company focused on the main business sector of hydrocarbon exploration and development. It pre...

2022-08-25 18:41 4539

LNG Services Provider Furui Energy to Increase Overseas Market Presence with Launch of Website Revamp

SHANGHAI, Aug. 22, 2022 /PRNewswire/ -- Furui Energy, an industry leader in Liquefied Natural Gas (LNG) plant projects and solutions, launches itsrevamped English website to reach overseas markets with its service offerings. With a proven track record for providing clea...

2022-08-22 11:32 3500

MoF welcomes the IMF Staff's Statement on Article IV Consultation with the Kingdom in 2022.

RIYADH, Saudi Arabia, Aug. 18, 2022 /PRNewswire/ -- IMF staff lauded the Kingdom's economic and financial condition in their final statement made at the end of their visit about Article IV consultation with the Kingdom in 2022. They reiterated their constructive prognosis for the Kingdom's econom...

2022-08-18 02:25 4964

Sinopec Acquires Trillion Cubic Meters of Shale Gas Resources in Southwestern Sichuan, China

CHONGQING, China, July 4, 2022 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has reported that it has achieved a daily production capacity of 530,000 cubic meters of shale gas onJune 30 in its Xinye Well-1 in Qijiang,Chongqing, confirming the 100 billion cubic mete...

2022-07-04 14:15 4386

VENTURE GLOBAL ANNOUNCES LNG SALES AND PURCHASE AGREEMENTS WITH CHEVRON

ARLINGTON, Va., June 22, 2022 /PRNewswire/ -- Today Venture Global announced the execution of two long-term Sales and Purchase Agreements (SPAs) for the purchase of two million tonnes per annum (2MTPA) of liquefied natural gas (LNG) for 20 years. Under the agreements, Chevron U.S.A. Inc. will pur...

2022-06-22 20:56 3838

Venture Global and EnBW announce LNG sales and purchase agreements

ARLINGTON, Va. and STUTTGART, Germany, June 21, 2022 /PRNewswire/ -- Today, Venture Global LNG and EnBW announced the execution of two long-term Sales and Purchase Agreements (SPAs) for 1.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global's Plaquemines and CP2 fa...

2022-06-21 17:58 5448

AG&P Pratham wins the India 2022 'Energy Company of the Year' at 'The Economic Times Energy Leadership Awards'

NEW DELHI, June 17, 2022 /PRNewswire/ -- One of the largest private energy players inIndia, AG&P City Gas, operating under the brand name AG&P Pratham, has been adjudged as the '2022 Energy Company of the Year' in the non-renewable category. The Economic Times Energy Leadership Awards acknowledge...

2022-06-17 15:23 4108

AB Power Advisors Facilitates Offtake from Concho Valley Solar

AUSTIN, Texas, May 26, 2022 /PRNewswire/ -- AB Power Advisors, LLC (AB), in Austin, Texas, is pleased to announce its advisory role in the agreement for EDF Energy North America (EDFENA) to source renewable energy from Concho Valley Solar LLC (Concho Valley Solar) to provide power to the natural ...

2022-05-26 02:37 4160

VENTURE GLOBAL ANNOUNCES FINAL INVESTMENT DECISION AND FINANCIAL CLOSE FOR PLAQUEMINES LNG

* $13.2 billion project financing formally sanctions the first domestic US LNG export project to reach financial close since Venture Global's Calcasieu Pass. * Largest project financing transaction in the world closed in 2022. ARLINGTON, Va., May 25, 2022 /PRNewswire/ -- Today Venture Global ...

2022-05-25 21:05 4535

VENTURE GLOBAL AND PETRONAS ANNOUNCE SALES AND PURCHASE AGREEMENT

ARLINGTON, Va., May 11, 2022 /PRNewswire/ -- Today, Venture Global LNG and PETRONAS LNG Ltd. ("PLL"), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS, announced the execution of a new 20-year Sales and Purchase Agreement (SPA) for the purchase of 1 million tonnes per annum...

2022-05-11 18:07 3555

Venture Global Announces LNG Sales and Purchase Agreement with ExxonMobil

ARLINGTON, Va., May 10, 2022 /PRNewswire/ -- Today, Venture Global LNG announced the execution of two new long-term Sales and Purchase Agreements (SPAs) with ExxonMobil LNG Asia Pacific (EMLAP) for the sale of 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG).  Under the agreements...

2022-05-10 19:18 3397

CNOOC Limited Announces Mero 1 Project Commences Production

HONG KONG, May 3, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, SSE: 600938) today announced that Mero 1 project has commenced production safely. Mero field locates in the Santos Basin pre-salt in the sea area of southeasternBrazil, with an average water depth of 1,930 meters...

2022-05-03 09:09 3560