Oil and gas

latest news headlines

Italy approves TAP pipeline, but activists attempt to block.

Italy gave the green light for the construction of the Trans Adriatic Pipeline , one of the core projects of the Southern Gas Corridor. But activists in the Puglia region protested and asked that the pipe be moved further north.

- EurActive - UK

EU Court upholds sanctions against Russia's Rosneft.

The European Court of Justice on Tuesday declared valid EU sanctions against Russian companies in response to the crisis in Ukraine, including Rosneft, the state-owned Russian oil giant.

- EUbusiness.com - UK

33% reservation in LPG dealership, norms eased.

The government has introduced 33% reservation for women and eased the criteria of age and education for allotment of cooking gas distributorship as well as eased norms for awarding petrol pump dealerships.

- Times Of India - IN

NASA's $1 billion Jupiter probe just sent back breathtaking new images of the gas giant.

NASA/JPL-Caltech A probe the size of a basketball court has taken unprecedented new images of Jupiter. NASA's $1 billion Juno spacecraft, launched in August 2011, took five years to reach and settle into orbit around the gas giant, which is located more than 415 million miles from Earth. The probe has so far ...

- Business Insider - US

Daimler trying to dispel Dieselgate fears.

Daimler shareholders have had little reason to criticize the carmaker's latest sales drive. But during their annual meeting in Berlin, they appeared worried about a Volkswagen-style emissions scandal.

- Deutsche Welle - DE

Fallon's 'Tonight' heads to Florida with Vin Diesel, Pitbull.

LOS ANGELES " Jimmy Fallon's guests will include Vin Diesel, Shaquille O'Neal and Pitbull when his NBC late-night show airs from Florida next week.The "Tonight Show" host's four-night stand in Orlando celebrates the opening...

- The New Zealand Herald - NZ

Venezuela detains oil company official in corruption case.

CARACAS, Venezuela " Venezuelan officials say they've arrested a senior manager at the state oil company on corruption charges at a moment when the oil-rich country is struggling with fuel shortages.The chief prosecutor's office...

- The New Zealand Herald - NZ

'Fate of the Furious' Beef: Dwayne Johnson, Vin Diesel Kept Apart on Press Tour.

The stars' separation will be most obvious Wednesday when Universal brings footage of the film to CinemaCon, where Diesel, Charlize Theron and the rest of the cast will be on hand, but Johnson will not.

- The Hollywood Reporter - US

Fallon's 'Tonight' heads to Florida with Vin Diesel, Pitbull.

LOS ANGELES — Jimmy Fallon's guests will include Vin Diesel, Shaquille O'Neal and Pitbull when his NBC late-night show airs from Florida next...

- Townhall.com - US

US stock indexes mostly higher in afternoon trading; oil up.

Energy companies led U.S. stock indexes mostly higher in early afternoon trading Wednesday as crude oil prices rose. Banks and other financial...

- Townhall.com - US

Minister: Kazakhstan over-fulfills obligations within oil deal.

- Today.Az - AZ

President Aliyev receives BP Regional President

- Today.Az - AZ

Gazprom sets up Stream Transport BV affiliate in Istanbul

Russia's Gazprom CEO Alexei Miller has said that the company aims to finish construction of the Turkish Stream gas pipeline by the end of 2019, Russia's TASS reported.

- AzerNews - AZ

BP, its partners invested over $15B in Shah Deniz 2 project

ordon Birrell, former BP regional president for Azerbaijan, Georgia and Turkey has announced that so far BP and its partners invested more than $15 billion in the Shah Deniz 2 project in Azerbaijan and Georgia.

- AzerNews - AZ

Crude prices are rising on hopes Opec will extend its production cuts

Crude prices are rallying due to lower than expected US inventory growth, declining supplies from Libya and hopes the Organisation of the Petroleum Exporting Countries will extend output cuts. The price of global benchmark Brent crude lifted 1.46 per cent this afternoon to $52.08 a barrel while West Texas Intermediate ...

- City AM - UK

Egypt says won't give up till Regeni case solved

Petroleum minister says govt attention maximum

- ANSA - IT

Naftogaz files suit with CJEU over ruling on Gazprom's enhanced access to OPAL

The national oil and gas holding Naftogaz of Ukraine has lodged a suit with the General Court of the Court of Justice of the European Union seeking cancellation of the European Commission’s decision on expanded access of Russia's gas monopoly Gazprom to the OPAL gas pipeline, delivering gas from Nord Stream pipeline ...

- UNIAN - UA

Reading the tea leaves

What Beijing's crackdown on independent teapot refiners means for oil flows, tanker demand and port expansion projects in north-eastern China

- LloydsList - UK

RON95, RON97, diesel prices down in first weekly announcement

KUALA LUMPUR, March 29 — The weekly retail prices for RON95 drops 17 sen to RM2.13 per litre and RON97 by 19 sen to RM2.41 a litre, while the price of diesel drops nine sen to RM2.11 per litre, effective tomorrow. Domestic Trade, Cooperatives...

- The Malay Mail - MY

US stock indexes mostly higher in morning trading; oil rises

Energy companies led U.S. stock indexes mostly higher in morning trading Wednesday as crude oil prices rose. Utilities stocks fell the most. Financial companies also declined as bond yields fell. Investors had their eye on the latest...

- The New Zealand Herald - NZ

Asim’s bail result of deal between govt, PPP: Imran

ISLAMABAD: Pakistan Tehreek-e-Insaf chairman Imran Khan on Tuesday said that Pakistan Peoples Party co-chairperson Asif Ali Zardari and Prime Minister Nawaz Sharif were only ‘faking a battle’ and would not harm each other. While speaking to the media at a news conference in Islamabad, Imran said Nawaz Sharif has ...

- Geo.tv - PK

VW files complaint over searches of its dieselgate law firm

BERLIN - Volkswagen has filed a legal complaint with a Munich court against the searches carried out by German prosecutors at the law firm it hired to investigate its emissions scandal.

- Reuters - US

Pound choppy as UK starts down Brexit road

Stock markets steady as rise in oil price helps energy groups

- Financial Times - US

US stock indexes mostly lower in early trading; oil rises

U.S. stock indexes edged mostly lower in early trading Wednesday, with utilities declining the most. Real estate and financial stocks also fell. Banks were also down as bond yields fell. Consumer goods companies were the biggest gainers. Investors had their…

- Billings Gazette - US

US stock indexes mostly lower in early trading; oil rises

U.S. stock indexes edged mostly lower in early trading Wednesday, with utilities declining the most. Real estate and financial stocks also fell. Banks were also down as bond yields fell. Consumer goods companies were the biggest gainers....

- The New Zealand Herald - NZ

After energy agreement, Iran sees growing trade with Russia

Boasting that it's a result of a multilateral nuclear deal, OPEC-member Iran said its trade volume with oil-rich Russia could pass the $10 billion mark.

- UPI - US

Oil prices stage weak rally against competing market factors

Traders shrugged off data indicating supply-side strains to focus more on lower production from OPEC members, sending oil prices higher early Wednesday.

- UPI - US

Harga petrol, diesel turun pada minggu pertama

KUALA LUMPUR, 29 Mac — Minggu pertama harga bahan bakar diperkenalkan secara mingguan menyaksikan harga RON95, RON97 dan diesel mencatatkan penurunan. Bermula tengah malam ini, RON95 dijual RM2.13 seliter, RON97 dan diesel RM2.11,...

- The Malay Mail - MY

Search for young palm oil farmer finds a harvesting tool, his boot —and then an engorged python

Warning, graphic images: Indonesian villagers sliced open the python to reveal the legs and torso of the victim. 'It seems he was attacked from behind'

- National Post - CA

Windows update will bring 3-D, game tools and less clutter

NEW YORK — A major update to Microsoft's Windows 10 system will start reaching consumers and businesses on April 11, offering 3-D drawing tools, game-broadcasting capabilities and better ways to manage your web browsing. Microsoft said Wednesday that it will roll out the Creators Update to some 400 million Windows 10 ...

- SFGate - US

First Workers Complete New Industry Training Standard

The first downstream oil and gas workers successfully complete safety-critical training under a new industry standard, OPITO reveals.

- Rigzone.com - US

More Offshore Drilling Firms Likely to Face Similar Situation to Ocean Rig

Many offshore drilling companies are facing a similar situation to Ocean Rig, which filed for Chapter 15 bankruptcy protection in the US Tuesday, and it is likely that more will follow suit.

- Rigzone.com - US

Mexico, UK Strengthen Ties with 5-Day Subsea Learning Event

Senior figures from Mexico's national oil company, Pemex, strengthen ties with the UK subsea industry with a 5-day subsea learning event in Aberdeen.

- Rigzone.com - US

Gazprom Germania To Cut Jobs In Restructuring Move

Gazprom Germania, the Berlin-based subsidiary of Russian gas giant Gazprom, will reduce its staff in Germany as it restructures operations, Gazprom officials say.

- Rigzone.com - US

Eni Has Over 800MM Barrels Of Oil In Place In Mexico Find

The head of Italian oil and gas group Eni says there could be more than 800 million barrels of oil in place in its recent discovery off the coast of Mexico.

- Rigzone.com - US

Exxon To Sell Its Norway-Operated Oilfields

Exxon Mobil agrees to sell its operated upstream business in Norway to private equity firm HitecVision and oil company Point Resources for an undisclosed sum.

- Rigzone.com - US

Transgender Visibility in the Workplace

At a recent seminar on LGBTQ inclusion in the workplace, a man in his 60’s who works in human resources came up to me and shared that the first transgender person he ever met was on the job 34 years ago. The coworker wanted to transition and asked the HR department to help support the process. This was on an oil ...

- Human Rights Campaign - US

How to keep your mobile phone connected when the network is down

When Tropical Cyclone Debbie hit Queensland this week, one of the casualties was the region's mobile phone network. Phone towers can stop working because they have been damaged by the wind, or because they have run out of diesel to run their generators. Whatever the cause, the end result is the same: a number of people will ...

- The Conversation - UK

Cooper Energy approves Sole development

The board of ASX-listed Cooper Energy has approved the development of the Sole gas project, offshore Victoria, with the company launching a A$151-million capital raise as part of its financing initiative to fund the project. The Sole gas project is expected to require a capital investment of some A$533-million for ...

- Mining Weekly - ZA

China affirms climate pledge after Trump rolls back rules

BEIJING " China promised Wednesday to stick to its climate commitments after President Donald Trump eased U.S. curbs on coal and oil use, opening the way for Beijing to assert itself as a leader in environmental policy.China...

- The New Zealand Herald - NZ

World Bank priority gas field in Ghana gets support

French engineering company TechnipFMC said it secured a contract to help develop the Sankofa natural gas field offshore Ghana, a field backed by the World Bank.

- UPI - US

Naftogaz files lawsuit against European Commission decision on OPAL gas pipeline

Naftogaz Ukrainy has filed a lawsuit against the European Commission in the European Court of Justice seeking to cancel the decision enabling Russian Gazprom to significantly increase the gas volumes it ships on the OPAL gas pipeline and the Nord Stream pipeline. “Approval of this decision without consultations with ...

- Kyiv Post - UA

Fuel prices down in first weekly announcement

RON95 will cost 17 sen lesser, while RON97 and diesel, 19 sen and 9 sen, respectively.

- Malaysiakini - MY

Myanmar opens first biomass power plant

YANGON - Myanmar has utilised Japanese know-how to open its first biomass gasification power plant in its capital city Nay Pyi Taw.

- BangkokPost - TH

Oil rises on Libya disruption, likely extension to OPEC output cut

Oil production from the western Libyan fields of Sharara and Wafa has been blocked by armed protesters

- The Globe and Mail - CA

China affirms climate pledge after Trump rolls back rules

BEIJING — China promised Wednesday to stick to its climate commitments after President Donald Trump eased U.S. curbs on coal and oil use,...

- Townhall.com - US

Chevron makes LNG headway

The third production facility at the Gorgon liquefied natural gas facility off the Australian coast is now in service, the regional subsidiary of Chevron said.

- UPI - US

Futures Movers: Crude oil marches higher ahead of U.S. supply data

Oil prices continue to climb on Wednesday, boosted by supply disruptions in Libya and hopes official U.S. inventory data will show a drawdown in supplies at a major storage hub.

- Marketwatch - US

Eco-Friendly Tech Not Vital for Students But Critical for Oil Sector Future

The adoption of more environmentally friendly technology won't attract more students into the oil and gas industry, but companies in the sector need to implement it to secure their future.

- Rigzone.com - US

Italian Police Disrupt Protest To Prevent Olive Grove Removal

Italian police break up a protest by environmentalists trying to prevent the removal of a grove of olive trees standing in the way of a $40 billion pipeline to bring Asian gas to Europe.

- Rigzone.com - US

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