BP, Enagás to Explore Lower Carbon Transport Fuels in Spain
British Petroleum (BP) and Spanish gas grid operator, Enegás, have signed an agreement for joint exploration into the commercialization of lower-carbon fuels in Spain.
News / International
Berkshire Hathaway to Buy Dominion’s Natural Gas Storage Network
Warren Buffet’s investment business, Berkshire Hathaway Inc., has announced it will buy Dominion Energy’s natural gas transmission and storage network for $4 billion.
Production Restarts at Wafra Oilfield
Crude oil production resumed on July 1 at the Wafra oilfield, which is a joint venture between Kuwait and Saudi Arabia.
Sasol Ditches Exploration Blocks Offshore Mozambique
South African energy company, Sasol, has decided to relinquish its exploration license in Blocks 16 and 19 offshore Mozambique.
Natural Gas Treatment Station Begins Operations in China
A natural gas treatment station situated in Akemomu Gasfield has started operations on the Pamir Plateau, with the aim of providing more natural gas for southern Xinjiang.
Oman Signs New Petroleum Agreement
The Omani Ministry of Oil and Gas has signed a new petroleum agreement with Tethys Oil Company Qetpet Limited to implement the seismic survey and conduct number of geological and geophysical studies in addition to drill number of wells.
Russia Gas Flows into Europe decreased by 20% in June YoY
S&P Golbal Platts data showed that Russian gas flows to Europe was steady in June at 11.1 billion cubic meters (bcm), to be declined 20% year on year (YoY).
Neptune Makes New Hydrocarbon Discovery at North Sea
Neptune Energy has announced a new discovery of hydrocarbons at the Dugong well (PL 882) in the Norwegian sector of the North Sea.
TAQA, ADPower Asset-Transfer Forms One of the World’s Largest Utility Companies
Abu Dhabi National Energy Company (TAQA) has announced the successful completion of its transaction with its parent company Abu Dhabi Power Corporation (ADPower), formulating one of the largest utility companies in the world.
Oman Warns Crude Oil Customers of 10% Cuts for September
Oman has informed its crude oil customers that it will cut around 10% in allocations for September loading and delivery
