Argentina to Receive LNG Cargoes from Egypt
Egypt, which is one of Argentina's 23 listed producers and traders, is set to ship two rare cargoes of LNG, the first since 2013, reflecting how a tight global market is influencing supply routes.
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TC Energy to Build a Low-Carbon Hydrogen Production Hub
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is reviewing its concept for a hydrogen production hub on 140 acres in Crossfield, Alberta, where the Company runs a natural gas storage facility, with the help and input of their partner Nikola Corporation (Nasdaq: NKLA). During the first-ever Canadian Hydrogen Convention in Edmonton, Alberta, the plan will be highlighted. TC Energy anticipates making a final investment decision by the end of 2023, subject to the usual regulatory approvals.
TotalEnergies to Ship UAE’s Oil to Europe
CSSSA shipping unit which affiliated to France's TotalEnergies has provisionally contracted with a suezmax tanker to load Abu Dhabi crude in early May for Europe.
Honeywell Eyes Green Energy Investments in Egypt
A meeting was held in light of the great desire of Honeywell International to expand its business portfolio in Egypt and participate in strategic projects, especially in the fields of green fuels and the provision of advanced technologies to reduce emissions and benefit from them, in addition to contributing to the initiatives that are being prepared to be launched during the Global Climate Summit COP27 hosted by Egypt late this year. Where this meeting took place in the presence of Tarek El-Molla, Minister of Petroleum and Mineral Resources, with Khaled Hashem, President of Honey Well International for North Africa, and Mohamed Muhaisen, President of the company for the Middle East.
Libya’s NOC Declares Force Majeure at the Al-Feel Field
Libya’s National Oil Company (NOC) declared force majeure on Mellitah crude at Al-Feel field due to arbitrary closure attempts caused by a group of individuals on April 16th who prevented the field's workers from continuing production leading to a total shut down a day later.
Eni, EGAS to Increase Egypt’s Gas Production, Exports
The goal of the agreement is to achieve the optimal exploitation of the Egyptian gas reserves by maximizing the joint production between the two sides, in a way that contributes to the EGAS and Eni companies identifying new activities and opportunities in order to increase gas production rates in the short term.
Major Oil Traders to Reduce Russian Oil Purchases Starting From Mid-May
To avoid falling foul of European Union sanctions against Russia, major global trading decided to reduce purchases of crude and fuel from Russia's state-owned oil companies as early as May 15, Reuters reported.
Halliburton Introduces Cutting-Edge StrataStar™ Real-Time Multilayer Visualization for Drilling Operations
StrataStarTM, a multilayer visualization service that provides multilayer data visualization, is a new service from Haliburton (NYSE: HAL) designed to maximize well contact with the reservoir and improve real-time reserves evaluation.
ADNOC L&S Acquires Two New-Build LNG Vessels
As a part of its expansion strategy, ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC) announced that it has signed a Ship Building Contract for establishing two liquified natural gas (LNG) vessels.
QatarEnergy Awards the Ownerships of the First Batch of LNG Ships
QatarEnergy announced that it has awarded the ownership of the first batch of liquified natural gas (LNG) as a part of its LNG shipping program.
