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India is looking to strengthen its domestic oil and gas exploration and supply with the biggest-ever acreage up for grabs under the Open Acreage Licensing Programme (OALP) Round X. India’s energy journey offers engagement opportunities with Indian companies across multiple areas, including joint participation…
Zhongman Petroleum and NaturalGas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to explore a naturalgas block in central Algeria, the firm has said.
It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. The idea of peak oil is familiar to most readers. The concept was first introduced byM. King Hubbert in the 1950s.
NGO Energy Vision’s The Refuse Revolution report on alternative fuels and new vehicle technologies for waste and recycling collection truck fleets assesses biodiesel and renewable diesel, fossil and renewable naturalgas, hybrid technologies, battery electric vehicles (BEVs), DME, and hydrogen for cost, performance, and climate and health impacts.
Geological Survey (USGS) has discovered large oil and gas deposits in the Mowry Composite Total Petroleum System that spans parts of Wyoming, Colorado and Utah. The report estimates large hydrocarbon resources, including 473 million barrels of oil and 27 trillion cubic feet (tcf) of naturalgas.
Egypt is seeking to buy more fuel oil on which to run some of its power plants as naturalgas supply is more expensive for the cash-strapped North African country.
According to Reuters, some Egyptian Fertilizer companies had to stop production on Friday due to the expected drop in naturalgas supplies after major Israeli gas fields suspended operations following Israel’s military strikes on Iran.
TIPRO’s new workforce data indicated strong job postings for the Texas oil and naturalgas industry, although May data showed a decline in overall unique postings compared to the previous month. The leading three cities by total unique oil and naturalgas job postings were Houston (2,064), Midland (546) and Odessa (398), said TIPRO.
Dharmendra Pradhan, India’s minister for petroleum and naturalgas, has launched India’s first long-distance compressed naturalgas (CNG) bus led by Indraprastha Gas Ltd. IGL), the largest CNG distribution company in India.
(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major naturalgas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. Adriano Mongini, CEO of Azule Energy, commented: “This is a landmark moment for gas exploration in Angola.
Naturalgas plays a major role in keeping the USAF (and our Naval and Army aviators) flying – a role which is only expected to grow with the advent of advanced synthetic fuels reliant on naturalgas. Kerosene is distilled from petroleum. Today, the most affordable source of hydrogen is naturalgas.
an engines and power systems company, has entered into a master development and collaboration agreement with Hexagon Agility, which develops, manufactures and supplies compressed naturalgas (CNG) and liquid petroleumgas (LPG) fuel systems used in medium vehicles. Power Solutions International Inc.,
When you think of naturalgas, you probably picture a stovetop flame or a home heating system. While these are common uses, naturalgas is far more versatile than many people realize. Let’s take a look at seven surprising applications of naturalgas.
(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf as a secure source of affordable, reliable energy. According to the U.S.
When it comes to fueling homes and businesses, naturalgas and propane are two of the most common energy sources. At True NaturalGas, we often get questions about the differences between these fuels and which one is the best choice. What Are NaturalGas and Propane? Let’s break it down.
has reached an agreement to double the volume of liquefied petroleumgas it plans to export through a West Coast export facility being built by AltaGas Ltd. AltaGas said in February that Keyera had contracted 12,500 barrels per day of capacity to ship the gas to Asia via the Ridley Island [Read more]
(Oil& Gas 360) – Headlines Continuing To Paint A Bearish Oil & NaturalGas Picture During The Month Of May Are Keeping Steadily-Tightening, Temporarily Hidden. The main headline from Wednesday mornings release of the Department of Energys (DOEs) Weekly Petroleum Status Report was that U.S. That and it 20.5
Over the course of Thursday and Friday - days III & IV - of Gastech 2024 that put us on the home stretch towards the conclusion of global event, many of the conversations revolved around climatetech and harnessing the power of naturalgas as a destination fuel in the world's march to a low to a zero carbon future.
Woodside Energy is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied naturalgas plant in the U.S., The overseas unit, Kuwait Foreign Petroleum Exploration, is also considering securing LNG supply from the project, the [Read more]
NaturalGas $3.63 -0.14% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS PTAS Aker Solutions Secures Contract Extension with Brunei Shell Petroleum by Paul Anderson | Rigzone Staff | Tuesday, June 10, 2025 | 2:28 AM EST The contract involves maintenance and upgrades to sustain production levels across offshore assets in the South China Sea.
Separately, a Shell spokesman confirmed the company has signed a MOU with NOC “to study potential opportunities in the country’s oil and gas sector.” The focus on Libya, a member of the Organization of the Petroleum Exporting Countries (OPEC), comes as the North African nation tries to bring back oil majors that left.
“Rounding out the picture, we anticipate another small increase in Strategic Petroleum Reserve (SPR) stocks (+0.3 Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. Total petroleum stocks were down 3.9 crude inventories will be down for the week ending June 27.
million barrels on June 27, the EIA's latest weekly petroleum status report showed. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 3.8 Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. Total petroleum stocks were up 9.6
BC Crown land sales have been fairly quiet since reopening in December 2024 after more than a 3 year hiatus. The combined dollar bonus from the first few sales was well below a million dollars, with no more than a few sections being sold at any of the initial land sales. That has changed with [Read more]
Alliance AutoGas (AAG), an alternative fuel company, has received their second patent for their refueling innovation of liquefied petroleum (LP) gas in a vehicle tank. Alliance Autogas was founded in 2010 by Blossman Gas, which is comprised of over 70 locations and two headquarters, one in Swannanoa, N.C.
Scheduled to be operational in mid-2021, the station will refuel vehicles powered by liquified petroleumgas (LNG) and compressed naturalgas (CNG). The cryogenic condenser will enable boil-off gas […]. sk-Osowa, Poland.
Khalda Petroleum Company (Apache) has successfully made three new oil and naturalgas discoveries in its concession areas in the Western Desert. Khalda is currently assessing the volume of gas reserves linked to the new discoveries.
Yours truly will be holding three panel sessions and two fireside chats at the event with Hardeep Singh Puri, India's Honorable Minister of Petroleum and NaturalGas, and Chris Ashton, Chief Executive Officer of Worley. The three panels will include distinguished industry thought leaders.
Minister of Petroleum and Mineral Resources, Karim Badawi, visited the infrastructure for receiving, and storing petroleum products and LNG at Sokhna Port, operated by Sumed and Sonker companies. The post Egypt Petroleum Minister Tours Key Sokhna Port Energy Infrastructure first appeared on Egypt Oil & Gas.
“Rounding out the picture, we anticipate another small increase in SPR [Strategic Petroleum Reserve] stocks (+0.2 In its latest weekly petroleum status report at the time of writing, which was released on July 2 and included data for the week ending June 27, the U.S. Total petroleum stocks were up 9.6
Strategic Petroleum Reserve is depleted by 200 million barrels to 2021. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, naturalgas, power and renewable industries. Israel’s military strikes in Iran have reminded traders that Middle Eastern oil supplies are not risk-free.
Trio Petroleum Corp. has closed its acquisition of certain petroleum and naturalgas properties held by Novacor Exploration Ltd. in the prolific heavy oil region of Lloydminster, Saskatchewan.
Bakersfield, CA, May 21, 2025 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (Trio or the Company), a California-based oil and gas company, today is pleased to announce that it has closed on the balance of certain petroleum and naturalgas properties held by Novacor Exploration Ltd.
naturalgas, petroleum, and renewables consumption to rise in 2025, according to figures sent to Rigzone by the EIA this week. Energy Information Administration expects U.S.
Although a formal "naturalgas cartel" akin to the Organization of the Petroleum Exporting Countries (OPEC) does not exist, a coalition of significant gas-exporting nations has been collaborating to exert influence over global gas prices and supply. (7)
Hardeep Singh Puri, Minister of Petroleum & NaturalGas, India and Chris Ashton, CEO of Worley. And it was wonderful moderating multiple panel sessions on subjects ranging from harnessing the potential of naturalgas for powering AI to solutions for the decarbonization of the global transport complex and climatetech finance.
has agreed to a new contract with MTM, the fully owned Italian subsidiary of Westport Fuel Systems, and NAFTAL to supply 30,000 liquified petroleumgas (LPG) systems to the Algerian market. Westport Fuel Systems Inc. The post Westport Fuel Systems Agrees to Supply Contract with MTM, NAFTAL appeared first on NGT News.
The state of Texas is the US' top crude oil and naturalgas producing state. However, as Day I of Gastech - which is formally running from September 17 to 20 - kicked off on Tuesday, energy bosses bemoaned the lack of clarity and consistency from Washington on policy matters pertaining to naturalgas exploration and LNG permits.
Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of NaturalGas Vehicles Company (Cargas)to review its fiscal year results in 2024, reaffirming the ministrys full support for the companys services and praising its partnership with bp.
TXOGA noted in its statement that the upstream sector involves oil and naturalgas extraction and excludes other industry sectors such as refining, petrochemicals, fuels wholesaling, oilfield equipment manufacturing, pipelines, and gas utilities.
This phase involves the use of a floating processing unit in the offshore well area, located 220 km from the shore, to separate naturalgas and condensates. Furthermore, initial estimates indicate it will add approximately one trillion cubic feet (Tcf) of naturalgas to the field’s reserves.
million barrels per day in April, according to Monday’s Petroleum Supply Monthly from U.S. Gross naturalgas production in lower 48 states increased to a record 120.31 Texas gas production grew by 1.2 crude oil production reached a record of 13.47 Energy Information Administration. That topped the record of 13.45
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