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      Hess, PDVSA Receive Offer for U.S. Virgin Island’s Hovensa Refinery-Sources

      Hess Corp and Venezuela's state-run PDVSA have found an interested buyer for their 350,000 barrel per day (bpd) Hovensa refinery in the U.S. Virgin...

      EIA: Expanded Panama Canal to Allow Transit of Larger Oil-, LNG-laden Ships

      Ships carrying crude oil and petroleum products are limited by size restrictions imposed by several of the main thoroughfares of maritime navigation: the Panama...

      For Europe’s LNG Ports, Russia Gas Fears and U.S. Exporters Buoy Demand

      Gas buyers nervous of Russia cutting supply are helping solve Europe's problem of too many underused liquefied natural gas (LNG) terminals, as they seek...

      Sinopec to Start Trial Operations at First LNG Terminal by End-Oct

      Top Asian refiner Sinopec Corp will start trial operations at its first liquefied natural gas (LNG) terminal by the end of October, a company...

      Pressure Grows on Israel’s Leviathan to Finalise Gas Deals

      The group developing Israel's giant Leviathan gas field is running out of time to clinch binding major supply deals with Egypt and Jordan to...

      Italy Recognises OLT LNG Plant As Strategic – Sources

      The Italian government has recognised as strategic the liquefied natural gas (LNG) terminal that regional utility Iren and Germany's E.ON plan to build off...

      China’s Sputtering Economy Crimps Gas Demand, Cuts Spot LNG Buys

      China's gas demand growth is expected to ease to its slowest in three years in 2014 and dip again next year, as a slowing...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...