The coming year is expected to make the U.S. the third largest exporter of liquefied natural gas (LNG) in the world, creating jobs stateside while reducing emissions and providing reliable energy to countries around the world.
BP and its partners just spent $28 billion bringing a giant natural gas project in Azerbaijan online, and that may only be the start.
Oil extended its winning streak to the longest in almost a decade as the Federal Reserve’s wait-and-see approach on interest rate hikes added to a rosier outlook.
Norway’s oil regulator reduced its forecast for production this year, predicting crude output could drop to the lowest in three decades before recovering in 2020.
The Asian giant is to follow the rest of the world in maritime emissions regulations
Venezuela will remap its Caribbean oil and gas prospects in a move that could further stoke a century-long border dispute with Guyana and collide with Exxon Mobil Corp.’s venture in the region, people with knowledge of the plan said.
Maersk Supply Service has been awarded a contract with Chevron Australia, which will see two of its newbuild anchor handling tug supply vessels support the Chevron-operated Gorgon Stage Two drilling program.
Saudi Arabia published the first audit of its vast oil reserves since it nationalized its energy industry about 40 years ago, saying its reserves total 268.5 billion, slightly more than the 266.3 billion figure that the government published previously.
Meridian Energy Group, Inc., announced that the Company and its engineering partners, Axens NA and McDermott International, have begun its first week of meetings to kick off the intensive effort to complete the Front-End Engineering and Design of the Davis Refinery
Curacao’s 335,000-barrel-per-day (bpd) Isla refinery has resumed work, management of the government-owned facility said, after eight months of paralysis caused by a dispute between its operator, Venezuela’s PDVSA, and U.S. producer ConocoPhillips.
Australia’s BHP Group is offering to sell a liquefied natural gas (LNG) cargo from its North West Shelf export plant, two industry sources said
President Vladimir Putin opened Russia’s first liquefied natural gas (LNG) floating storage and regasification unit (FSRU), saying it bolsters the country’s energy security.
Emerge Energy Services LP has announced that its subsidiary Superior Silica Sands LLC has signed a new agreement with Chesapeake Energy Corporation covering frac sand supplied from Superior's San Antonio mine in South Texas.
The partial U.S. government shutdown has docked fishing boats in Alaska, delayed public meetings on a proposed wind farm off the Massachusetts coast and blocked pharmaceutical companies from seeking approval for new drugs.
BP has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region.
W. R. Grace & Co., the leading supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has contracted to license its UNIPOL® PP Process Technology to Hanwha Total Petrochemical Co., Ltd. for a new PP production facility