Russia's top oil producer Rosneft and Venezuela's state oil company PDVSA signed an agreement to set up a joint venture to develop natural gas. Rosneft also plans to invest $500m to raise its stake in its Petromonaga ...
Ghana National Petroleum has signed heads of terms with Quantum Power for the construction of the liquefied natural gas (LNG) storage, regasification, and delivery facilities at Tema, Ghana.
The US Energy Information Administration (EIA) revealed its forecast for US domestic natural gas production in 2016, which is expected to mount to 79.69bcf/d, marking the sixth annual record high.
European oil major Total has signed a ten-year agreement to supply 500,000 tons of liquefied natural gas (LNG) to China's privately-run ENN Group annually.
Gazprom, the Russian natural gas producer is seeking to increase gas supplies to Europe and Turkey by 2% to record levels in 2016, ahead of an upcoming meeting with investors.
Tanzania had finalized a land acquisition for the site of a planned LNG plant, and was now working to compensate and resettle villagers to move forward on a long-delayed project.
Japan's oil imports fell to a record low of 3.37mb/d, down by 2.3% in 2015 and imports of LNG, of which the country is the world's biggest consumer, fell 3.9% to 85m tones last year. Tokio is now seeking to switch to ...