Petredec a global giant in liquefied petroleum gas (LPG) trading and shipping, has announced the acquisition of Quest Petroleum, a fuels distributor in the Eastern Cape, South Africa. The addition of Quest to the portfolio expands Petrefuel’s geographic coverage beyond KwaZulu-Natal and sees the LPG company take its first steps into non-fuels retailing. Following its […]

Qatar Petroleum has awarded a major engineering, procurement, and construction (EPC) contract to Samsung C&T Corporation for the expansion of the LNG storage and loading facilities located within the Ras Laffan Industrial City as part of the North Field East (NFE) project. The Minister of State for Energy Affairs and President and CEO of Qatar […]

Bangkok, February 10, 2021 – PTT Exploration and Production Public Company Limited (PTTEP), through a wholly-owned subsidiary PTTEP HK Offshore Limited (Malaysia Branch) or PTTEP HKO, successfully completed the Lang Lebah-2 appraisal well in the Sarawak SK 410B Project. The drilling result registers a new record for PTTEP’s largest gas discovery. Mr. Phongsthorn Thavisin, PTTEP Chief […]

Qatar Petroleum has taken the final investment decision for developing the North Field East Project (NFE), the world’s largest LNG project, which will raise Qatar’s LNG production capacity from 77 million tons per annum (MMTPA) to 110 MMTPA. In addition to LNG, the project will produce condensate, LPG, ethane, sulfur and helium. It is expected […]

Siemens Energy and Air Liquide have signed a Memorandum of Understanding with the objective to combine their expertise in PEM (Proton Exchange Membrane) electrolysis technology. They intend to focus their activities on these key areas: co-creation of large industrial-scale hydrogen projects in collaboration with customers, laying the ground for mass manufacturing of electrolyzers in Europe, […]

2020 was a year that hurt demand for all fuels, and natural gas was no exception. As the year concluded, Rystad Energy has analyzed all of the year’s gas-related activity and produced a thorough report, offering some easily digestible key figures and some long-term outlook on the future of the industry. Here is a selection […]

Wintershall Noordzee B.V. (a 50:50 Joint Venture of Wintershall Dea GmbH and Gazprom EP International B.V.) has started up the production of the D12-B3 well, the Sillimanite South field discovery well. This gas field was discovered last year following the completion of the second Sillimanite development well which was taken into production in June last […]

Total and Engie have signed a cooperation agreement to design, develop, build and operate the Masshylia project, France’s largest renewable hydrogen production site at Châteauneuf-les-Martigues in the Provence-Alpes-Côte d’Azur South region. Located at the heart of Total’s La Mède biorefinery and powered by solar farms with a total capacity of more than 100 MW, the […]

Globeleq, a leading independent power generation company in Africa, has confirmed it will take a 74% majority equity stake in an existing Nigerian power business called CPGNL Limited (CPGNL), which will be rebranded as Globeleq Power Solutions Nigeria Limited.  The current owner of the business, the Clean Energy Group, will retain the remaining 26% shares. […]

Reliance Industries Limited (RIL) and bp have announced the commencement of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. RIL and bp are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to […]