BP, Repsol Start Production at Cypre Gas Project in Trinidad
The field, part of 10 projects that BP aims to start up between 2025 and 2027, is expected to deliver about 250 MMscfd of gas at peak.
The field, part of 10 projects that BP aims to start up between 2025 and 2027, is expected to deliver about 250 MMscfd of gas at peak.
Crude oil stocks, not including the SPR, stood at 439.8 million barrels on March 28, the EIA showed in its latest weekly petroleum status report.
Here's a round-up of the initial impact of Wednesday's big announcement.
Papua New Guinea's national oil company expressed commitment to exploring and potentially commercializing previously deemed unviable gas resources in the country.
Buru executed a Strategic Development Agreement with Clean Energy Fuels Australia to co-develop the Rafael gas project.
The order came as security checks identified some violations.
Commodity trader Gunvor Group posted a 42 percent drop in profit in 2024.
Uncertainty over tariffs, sanctions, and OPEC output drove cautious gains in crude.
It appears that the May natural gas contract is looking to establish a new post-winter trading range into the shoulder season, Eli Rubin, an energy analyst at EBW Analytics Group, said.
Sempra intends to sell its gas distribution business in Mexico and a minority stake in its liquefied natural gas arm to support investment in the U.S.