EIA Slightly Raises 2015 and 2016 Oil Production Forecasts

The U.S. government on Tuesday modestly raised its 2015 and 2016 U.S. crude oil production forecasts while lowering its price outlook. In its short term energy outlook, the U.S. Energy Information...

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Qatar ships more LNG to UK

The UK’s South Hook liquefied natural gas import terminal is expected to receive a cargo of LNG on July 14, port data says. The Al Ghariya LNG carrier, with a capacity of 210,000 cubic metres is...

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Baker Hughes: US Weekly Oil Rig Count Decline Slows

Energy firms pulled three rigs from U.S. oil fields this week, the smallest drop in five weeks, data showed on Friday, a sign the collapse in drilling is coming to an end as crude prices recovered...

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Eni and KMG explore offshore Isatay block in Caspian Sea

The Chairman of KazMunayGas’ (KMG) Management Board, Sauat Mynbayev, and Eni’s CEO, Claudio Descalzi, finalized today, in the presence of the President of the Republic of Kazakhstan, Nursultan...

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Deepwater Horizon oil rig explosion Oil Spill from Macondo Well into the Gulf of Mexico

Deepwater Horizon oil rig explosion Oil Spill from Macondo Well into the Gulf of Mexico A sign for America and the whole world: More dangers in oil production and exploration Some days before, in...

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Gazprom discusses LNG supplies with Egypt

Alexey Miller of Gazprom and Mounir Fakhry Abdel Nour, Minister of Industry, Trade and Investment of Egypt, met on Thursday in St. Petersburg where they discussed LNG supplies. Miller and Abdel Nour...

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OPEC Refuses to Cut Production Ceiling

Noting that oil production growth from countries outside the Organization of the Petroleum Exporting Countries (OPEC) is expected this year to be one-third of that experienced in 2014, OPEC is...

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Fugro wins Alaska LNG G&G work

Fugro said it has been awarded a large geotechnical and geophysical programme by ExxonMobil for the Alaska LNG project. The 2015 G&G programme follows successful completion of a similar but...

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BG Group completes QCLNG pipeline sale

LNG player BG Group said it has completed the sale of its wholly-owned 543 kilometre pipeline network linking natural gas fields and the Queensland Curtis Liquefied Natural Gas export facility to APA...

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IEA: gas demand growth to fall short of forecasts

Lower prices will feed a pick-up in global natural gas demand over the next five years following a marked slowdown in 2013 and 2014, the International Energy Agency said in its 2015 Medium-Term Gas...

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