CAIRO, (Reuters) - Egypt aims for foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year that begins in July, Petroleum Minister Tarek El Molla said.
BAGHDAD, (Reuters) - Iraq has extended the deadline for foreign companies and investors to bid for the construction and operation of a new 100 Mbpd refinery near Mosul in the northern province of Nineveh, the oil ministry said on Sunday.
TASHKENT (Reuters) - Uzbekistan plans to join an $8 billion project to build a natural gas pipeline from Turkmenistan to India, Uzbek President Shavkat Mirziyoyev said on Monday, although it was unclear whether Tashkent might eventually ship gas through it.
WASHINGTON- The U.S. Grains Council (USGC), the Renewable Fuels Association (RFA), Growth Energy and their member organizations welcome the news that the Japanese government’s new biofuel policy will allow imports of ETBE made from U.S. corn-based ethanol.
BUKHARA, Uzbekistan, (Reuters) - Russia's No. 2 oil producer Lukoil has started operations at a $3.4 billion gas processing plant at its Kandym gasfield in Uzbekistan, which is seen as central to its efforts to boost gas production and exports to China.
NEW BRUNSWICK, N.J. (AP) — Two municipal water department workers have admitted taking bribes in return for reducing the water and sewer bills of numerous customers.
A string of recent developments in the East Mediterranean offshore have raised the possibility of a gas find off Cyprus made in December 2011 finally being developed. The Aphrodite field in Block 12, located 100 miles (160 km) south of the island, contains 5 trillion cubic feet of natural gas.
DENVER (AP) — Tension over the drought-stressed Colorado River escalated into a public feud when four U.S. states accused Arizona’s largest water provider of manipulating supply and demand, potentially threatening millions of people in the United States and Mexico who rely on the river.
LOS ANGELES (AP) — A Texas company that owns an oil pipeline that spilled 140,000 gallons of crude along the California coast faces a criminal trial three years after the incident.
(Reuters) - An Indian push to connect more cities via airports as an expanding middle class increasingly takes to the skies is set to help propel the country’s demand for jet fuel to record highs this year.
HOUSTON, /PRNewswire/ -- Canyon Midstream Partners II, LLC announced that it has commenced operations at its newly constructed natural gas processing facility in Woodward County, Oklahoma (the "Redcliff Plant").
On 20 May 2018, Venezuelans will go to the polls to elect one president, 233 state legislators, and 2,436 municipal councilors. Given Venezuela's long presidentialist tradition, in which the executive holds the reins of power, all eyes will be on President Nicolás Maduro's bid for reelection. Venezuela's president will run against the former governor from the state of Lara, Henri Falcón, the only other viable candidate standing after the opposition bloc decided not to enter what they call a "fraudulent and illegitimate" presidential election.
Energy market participants have long been considered behind the curve in terms of picking up technological advances compared to other industries. Even now, physical oil transactions are settled between fax machines and deliveries of large shipments that have traversed the globe are accompanied by long paper documents.
In 2017, global LNG trade increased by nearly 10%, the strongest growth in a decade. Arguably, the LNG market is expanding both in size and complexity. But can we expect more diversity?