Gas
Record High Net Profit from Continued Growth of Reserves and Production
HONG KONG, March 30, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883) today announced its 2021 annual results for the year endedDecember 31, 2021. In 2021, CNOOC Limited adhered to the business strategy of seeking progress while keeping performance stable and embedded the norma...
2022-03-30 17:25
2505
Shell Adds Deep-Water Production in the Gulf of Mexico with PowerNap
HOUSTON, March 29, 2022 /PRNewswire/ -- Shell Offshore Inc. (Shell), a subsidiary of Shell plc, today announces the start of production at PowerNap, a subsea development in the U.S.Gulf of Mexico with an estimated peak production of 20,000 barrels of oil equivalent per day (boe/d). PowerNap is a ...
2022-03-29 21:00
1934
HONEYWELL COLLABORATES WITH PETRONAS FOR STRATEGIC SUSTAINABILITY, DIGITALIZATION, AND CARBON NEUTRAL ENERGY INITIATIVES
Four focus areas: digital transformation, sustainability and emissions management, cybersecurity, and leadership and capability management. KUALA LUMPUR, Malaysia, March 28, 2022 /PRNewswire/ -- Honeywell (NASDAQ: HON ) and PETRONAS have signed a Memorandum of Understanding (MoU) to collaborate o...
2022-03-28 14:18
6297
VENTURE GLOBAL ANNOUNCES NEW SALES AGREEMENTS FOR PLAQUEMINES AND CP2 LNG, RELEASES UPDATE ON PRE-FID MILESTONES
ARLINGTON, Va., March 17, 2022 /PRNewswire/ -- Today, Venture Global LNG announced that it has executed two new long-term 20-year Sales and Purchase Agreements (SPAs) with New Fortress Energy Inc. (NASDAQ: NFE), including 1 million tonnes per annum (MTPA) from Plaquemines LNG and 1 MTPA from CP2 ...
2022-03-17 01:09
4233
Global Oil & Gas Automation Market to See Positive Growth with Digitalization and New Disruptive Technologies
Spurred by technology innovation, the overall market revenue is expected to reach$24.6 billion by 2025, Finds Frost & Sullivan SAN ANTONIO, March 14, 2022 /PRNewswire/ -- Frost & Sullivan's recent analysis of theglobal oil & gas automation market finds that digital transformation is occurring o...
2022-03-14 19:00
2236
OGCI members aim for zero methane emissions from oil and gas operations by 2030
HOUSTON, March 8, 2022 /PRNewswire/ -- The Oil and Gas Climate Initiative (OGCI) today launched the Aiming for Zero Methane Emissions Initiative which calls for an all-in approach that treats oil and gas methane emissions as seriously as the industry already treats safety: aiming for zero and str...
2022-03-08 21:50
2849
VENTURE GLOBAL LNG EXPANDS LNG PARTNERSHIP WITH SHELL
ARLINGTON, Va., March 7, 2022 /PRNewswire/ -- Today, Venture Global LNG announced the execution of a new long-term 20-year Sales and Purchase Agreement (SPA) with Shell NA LNG LLC (Shell) for the supply of 2 million tonnes per annum (MTPA) of LNG from Venture Global's Plaquemines LNG export facil...
2022-03-07 23:20
3466
Italgas CEO Paolo Gallo Joins Picarro Board of Directors
SANTA CLARA, Calif., March 4, 2022 /PRNewswire/ -- Picarro Inc., the world's leading methane analytics company announced the addition of Mr.Paolo Gallo as the newest member of its board of directors. Mr. Gallo is the CEO of Italgas, the leading gas distributor inItaly and the third biggest in Eur...
2022-03-04 07:33
3358
Shell joint venture Atlantic Shores wins acreage in New York Bight, expanding offshore wind market share
HOUSTON, Feb. 28, 2022 /PRNewswire/ -- Atlantic Shores Offshore Wind Bight, LLC, the bidding entity representing Atlantic Shores Offshore Wind (Atlantic Shores), a 50-50 joint venture between Shell New Energies US LLC (Shell) and EDF-RE Offshore Development, LLC (EDF), is the provisional winner o...
2022-02-28 08:03
2183
New Times Energy issues profit alert and expects to post a profit of HK$315 to HK$330 million for 2021
HONG KONG, Feb. 15, 2022 /PRNewswire/ -- New Times Energy Corporation Limited ("the Company" or "New Times Energy", together with its subsidiaries, the "Group", HKSE stock code: 0166) is pleased to announce that, the Group is expected to record a profit after tax of approximatelyHK$315,000,000 to...
2022-02-15 19:30
2957
CNOOC Limited Announces Liza Phase II Commences Production
HONG KONG, Feb. 14, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883) announced today that Liza Phase II had commenced production safely and ahead of schedule. Liza Phase II locates in the Stabroek Block offshore Guyana and produces with 1 FPSO and 30 subsea wellheads. The FPSO is ...
2022-02-14 08:27
5759
Aim Strong Growth in Business Results and Actively Deliver Returns to Shareholders
HONG KONG, Jan. 11, 2022 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883) today announces a summary of its business strategy and development plan for the year 2022. The Company's targeted net production for 2022 is 600 million to 610 million barrels of oil equivalent (BOE), of which,...
2022-01-11 16:50
4818
CNOOC Limited Announces 2 New Projects Commenced Production
HONG KONG, Dec. 30, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, TSX: CNU) announced today that Caofeidian 11-6 oilfield expansion project and Kenli 16-1 oilfield have commenced production. Caofeidian 11-6 oilfield expansion project is located in the west of Bohai Sea, with ...
2021-12-30 16:35
3877
Venture Global LNG and CNOOC Gas & Power Announce LNG Sales and Purchase Agreements
ARLINGTON, Va., Dec. 21, 2021 /PRNewswire/ -- Today, Venture Global LNG and CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), announced the execution of a 20-year Sales and Purchase Agreement (SPA). This marks the first LNG supply ag...
2021-12-21 08:30
3667
ASX Opportunities in the Oil & Gas Sector: Meet the Upstream Players, the topic of the latest webinar going to be hosted by Kalkine Media on December 14, 2021
SYDNEY, Dec. 10, 2021 /PRNewswire/ -- World's hunger for energy seems to be insatiable. In the recent times, a strong demand for recovery has pushed the energy commodities to new highs. The biggest benefactors of the recent rally are the upstream Oil and Gas players who have been involved in the ...
2021-12-10 10:15
2682
Venture Global and Louisiana Governor John Bel Edwards Announce Proposed CP2 LNG Export Facility
ARLINGTON, Va., Dec. 3, 2021 /PRNewswire/ -- Today, Venture Global LNG and Louisiana Governor John Bel Edwards announced the company will invest more than $10 billion to develop a fourth LNG export facility in the State of Louisiana. The new project, CP2 LNG ("CP2") will be located inCameron Pari...
2021-12-03 02:07
4064
CNOOC Limited Announces Buzzard Phase II Development Commenced Production
HONG KONG, Nov. 29, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, TSX: CNU) announced today that the Buzzard Phase II development, offshore UK North Sea has safely commenced production. Buzzard Phase II is located approximately 100 kilometers northeast of Aberdeen, United Kin...
2021-11-29 16:46
2964
CNOOC Limited Announces Lufeng Oil Fields Regional Development Project Commences Production
HONG KONG, Nov. 23, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, TSX: CNU) today announced the commencement of production of Lufeng oil fields regional development project. The Lufeng oil fields is located in Eastern South China Sea and mainly include Lufeng 14-4 oil field, ...
2021-11-23 16:44
3133
Venture Global Announces Closing of $1,250,000,000 Senior Secured Notes by Venture Global Calcasieu Pass, LLC
ARLINGTON, Va., Nov. 23, 2021 /PRNewswire/ -- Venture Global LNG, Inc. ("Venture Global") announced today that its subsidiary, Venture Global Calcasieu Pass, LLC ("VGCP") has closed its offering of$1,250,000,000 aggregate principal amount of 3.875% senior secured notes due 2033 (the "Notes"). The...
2021-11-23 08:50
2954
International LNG industry association releases framework for transparent emissions reporting and neutrality declarations
- Framework sets out criteria for reporting and offsetting emissions that cannot be reduced - Aimed at improving greenhouse gas emissions reporting - Includes a consistent definition of GHG neutrality - Full reporting of methane emissions will be included PARIS, Nov. 17, 2021 /PRNewswire/ -...
2021-11-17 08:01
2640
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