Soaring Gas Prices Power Equinor Q2 Profits
Equinor said it will return an additional $3 billion to shareholders after reporting better-than-expected second-quarter profit on the back of soaring gas prices fuelled by the war in Ukraine.
EIA: Azerbaijan Surges in Natural Gas
Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The…
Chile to Export Gas to Argentina to Cover Winter Demand
Chile will send some 276 million cubic meters of gas from June to Argentina to help its neighbor cope with demand in the southern hemisphere winter, Chile's state-run oil and gas distributor ENAP said Friday.
Chile Eyes Further Energy Exports to Argentina
Chile is looking at boosting energy exports to Argentina and connecting with electricity grids in neighboring countries, as it seeks to capitalize on friendly relations to drive down prices, the energy minister said Thursday.
World Seaborne Coal Trade fell 1.5 pct in 2016
World coal seaborne trade fell 1.5 percent last year due, among other reasons, to a slowdown in big exporter Venezuela and less demand in the United States, German coal import lobby VDKI said on Friday.
Chile to Begin Gas Exports to Argentina
Chile will begin sending liquefied natural gas to Argentina this week in significant quantities for the first time, supplier Engie told Reuters, as trade relations warm between the two South American neighbors.
Trelleborg Signs Framework Agreement with Statoil
Trelleborg’s offshore operation in Norway, signed a framework agreement with Statoil for the supply of Elastopipe, corrosion protection, Passive Fire Protection (PFP) as well as Thermal Insulation (Vikotherm R2, S1 and P7).
Chevron Hits First Gas with Chuandongbei
Chevron Corporation announced today that its fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China.
Macri Eyes New Gas Links with Chile, Pacific
Argentine president-elect Mauricio Macri said on Friday he was looking to build new Pacific trade links in energy supply as he seeks improved relations with neighboring Chile. Center…
Japan, Turkmenistan Sign Chemical, Energy Deals
Japan and Turkmenistan on Friday signed deals worth over $18 billion on a package of projects in the energy-rich central Asian nation, which has become an important supplier of natural gas to China.
Report Reveals Missing Value Link Offshore
A recent survey conducted by Trelleborg’s offshore operation paints a positive industry outlook with decision makers taking a long term ‘value-add’ view. Original equipment manufacturers (OEMs) rated product quality…
Pemex to Ship 6 mln Barrels of Crude to Japan
Mexico's Pemex said on Friday it had agreed to ship six million barrels of its light crude to Japan's largest refinery over the next six months, as the state-run oil company seeks to further develop its ties with Asia.
