Advertise your business here! 🚀

Contact us now and get more customers.

Smiling woman thumbs up

Angry At Putin, Trump Warns Of Tariffs On Russian Oil Imports

oil-gas
Mar 31, 2025
Article Source LogoPipeline Gas Journal
Pipeline Gas Journal

(Reuters) — U.S. President Donald Trump said on Sunday he was "pissed off" at Russian President Vladimir Putin and will impose secondary tariffs of 25% to 50% on buyers of Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine.

Trump told NBC News he was very angry after Putin last week criticized the credibility of Ukrainian President Volodymyr Zelenskiy's leadership, the television network reported, citing a telephone interview early on Sunday.

Since taking office in January, Trump has adopted a more conciliatory stance towards Russia that has left Western allies wary as he tries to broker an end to Moscow's three-year-old war in Ukraine.

His sharp comments about Putin on Sunday reflect his growing frustration about the lack of movement on a ceasefire.

"If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia’s fault ... I am going to put secondary tariffs on oil, on all oil coming out of Russia,” Trump said.

“That would be, that if you buy oil from Russia, you can’t do business in the United States,” Trump said. “There will be a 25% tariff on all oil, a 25- to 50-point tariff on all oil.”

Trump later reiterated to reporters he was disappointed with Putin but added: "I think we are making progress, step by step."

Trump said he could impose the new trade measures within a month.

There was no immediate reaction from Moscow. Russia has called numerous Western sanctions and restrictions “illegal” and designed for the West to take economic advantage in its rivalry with Russia.

Trump, who spent the weekend at his estate in Palm Beach, Florida, told NBC News he planned to speak with Putin this week. The two leaders have had two publicly announced telephone calls in recent months but may have had more contacts, the Kremlin said in video footage last week.

The White House had no immediate comment on when the call would take place, or if Trump would also speak with Zelenskiy.

Trump has focused heavily on ending what he calls a "ridiculous" war, which began when Russia invaded Ukraine in February 2022, but has made little progress.

Putin on Friday suggested Ukraine could be placed under a form of temporary administration to allow for new elections that could push out Zelenskiy.

Trump, who himself has called for new elections in Ukraine and denounced Zelenskiy as a dictator, said Putin knows he is angry with him. But Trump added he had “a very good relationship with him” and “the anger dissipates quickly ... if he does the right thing.”

Growing Pressure to End War

Trump's comments followed a day of meetings and golf with Finnish President Alexander Stubb on Saturday, during Stubb's surprise visit to Florida.

Stubb's office on Sunday said he told Trump a deadline needs to be set for establishing a Russia-Ukraine ceasefire to make it happen and suggested April 20 since Trump would have been in office then for three months.

U.S. officials have been separately pushing Kyiv to accept a critical minerals agreement, a summary of which suggested the U.S. was demanding all Ukraine's natural resources income for years. Zelenskiy has said Kyiv's lawyers need to review the draft before he can say more about the U.S. offer.

Trump told reporters on Air Force One he thought Zelenskiy was "trying to back out of the rare earth deal.... if he's looking to renegotiate the deal, he's got big problems." Trump also told reporters that Ukraine would never be part of NATO.

Trump's latest tariff threats would add to the pain already facing China, India and other countries through trade measures imposed during his first two months in office, including duties on steel, aluminum and cars. More duties on imports from the countries with the largest trade surpluses are slated to be announced on Wednesday.

William Reinsch, a former senior Commerce Department official now at the Center for Strategic and International Studies, said the haphazard way Trump was announcing and threatening tariffs leaves many questions unanswered, including how U.S. officials could trace and prove which countries were buying Russian oil.

Trump set the stage for Sunday's news with a 25% secondary tariff imposed last week on U.S. imports from any country buying oil or gas from Venezuela.

His remarks to NBC suggest he could take similar action against U.S. imports from countries that buy oil from Russia, a move that could hit China and India particularly hard.

The U.S. has not imported any Russian barrels of crude oil since April 2022, according to U.S. government data. Before that, U.S. refiners bought inconsistent volumes of Russian oil, with a high of 98.1 million barrels in 2010 and low of 6.6 million in 2014, according to a review of EIA data since 2000.

India has surpassed China to become the biggest buyer of seaborne Russian crude, which comprised about 35% of India's total crude imports in 2024.

Trump on Sunday also said he could hit buyers of Iranian oil with secondary sanctions if Tehran did not reach an agreement to end their nuclear weapons program.

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

4
Recent Comments
JD
JD
John Doe1 week ago
Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius! Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius! Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius! Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius!
100
JD
John Doe1 week ago
Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius! Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius! Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius! Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius!
100
JD
John Doe1 week ago
Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius! Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius! Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius! Lorem ipsum, dolor sit amet consectetur adipisicing elit. Repudiandae, exercitationem earum hic numquam assumenda voluptatem velit nemo consequatur sed, ullam, iste porro vitae eius placeat dolorum dolore dolor! Inventore, eius!
100

Related News You might want to check out

Opec+ Meeting This Week To Discuss Oil Output Increase
ARABIAN GULF BUSINESS INSIGHT
Opec+ Meeting This Week To Discuss Oil Output IncreaseOpec+ ministers from eight nations that are gradually raising oil output will meet online on Thursday and are likely to approve a further hike in production from May, sources from the producer group told Reuters. Eight members of Opec+, a group that includes the Organization of the Petroleum Exporting Countries and allies led by Russia, are scheduled to raise oil output by 135,000 barrels per day (bpd) in May. That would be the second monthly increase under a plan to unwind some of the millions of barrels per day of cuts the group has had in place since 2022. Opec+ is simultaneously pressuring other producers that have exceeded their output targets to rein in output and pump below target for a time to compensate. Two of the Opec+ sources said the meeting was to review plans for some members to make additional output cuts to compensate for pumping above their quotas. Two others said the group’s plan to continue to unwind their most recent layer of oil output cuts was expected to remain unchanged for May. All sources declined to be identified by name due to the sensitivity of the matter. Opec did not immediately reply to a Reuters request for comment. Opec+ has been cutting output by 5.85 million bpd, equal to about 5.7 percent of global supply. The group has agreed on a series of steps since 2022 to support the market. An Opec+ ministerial committee, with the power to recommend to the larger group changes in production policy, was earlier scheduled to meet on April 5 although one source said this may also take place on Thursday.
oil-gas
02 April 2025
Argentina Begins Gas Exports To Brazil Via Bolivian Pipelines
Pipeline Technology Journal
Argentina Begins Gas Exports To Brazil Via Bolivian PipelinesArgentina has begun exporting natural gas from its Vaca Muerta shale formation to Brazil, utilizing pipelines through Bolivia. This marks a significant step in establishing a long-term route for Argentine gas to Brazilian markets. The deal, involving TotalEnergies, Bolivia’s YPFB and Matrix Energia, saw approximately 500,000 cubic meters of gas transported through the Bolivian pipeline, according to sources cited by Reuters. Matrix Energia, in a statement, said the “unprecedented operation” aimed to ensure the technical viability of the logistics network. The company has agreements with TotalEnergies’ Argentine division and YPFB, forming a tripartite operational arrangement. Initially, Bolivia was hesitant to impose a tolling fee for its infrastructure, preferring to purchase Argentine gas and resell it to Brazil. However, negotiations progressed after potential supply contracts were identified, the report said. The pipeline, historically used to transport Bolivian gas to Brazil and Argentina, faces declining volumes due to Bolivia’s reduced output, necessitating new suppliers. For Brazil, the arrival of Vaca Muerta gas aligns with President Luiz Inacio Lula da Silva’s goal of providing cheaper gas to the country’s industry. Sustained exports could benefit Argentina, where gas output is increasing under President Javier Milei’s policies, potentially improving the country’s energy trade balance. The tripartite agreement includes a spot contract allowing for supply interruptions to Brazil during Argentina’s peak winter demand . YPFB did not comment. However, Brazil’s Petrobras is exploring contracts to import liquefied natural gas and is negotiating pipeline supplies from Argentina. “I think that there is a real possibility to make some deal,” said Mauricio Tolmasquim, Petrobras’ former chief of energy transition. In a related development, CB&I has secured a contract from VMOS for the engineering, procurement, fabrication and construction of new storage facilities at the Vaca Muerta crude oil exportation facility in Punta Colorada, Argentina.  The project involves building storage with a total capacity of 630,000 cubic meters, equivalent to four million barrels.
oil-gas
02 April 2025
Chevron, Ypf Among Oil Drillers Backing Vaca Muerta Pipeline
World Oil
Chevron, Ypf Among Oil Drillers Backing Vaca Muerta Pipeline(Bloomberg) – Chevron Corp., YPF SA and other oil drillers are planning a major Argentine pipeline to handle rising output from the Vaca Muerta shale region. The companies, through the Oldelval SA joint venture, are in talks to increase oil-shipping capacity from Puesto Hernandez, a promising drilling zone more than 100 kilometers (62 miles) distance from the Vaca Muerta’s traditional heartland, according to an Oldelval spokesperson. The pipeline is seen as integral to enabling Oldelval’s shareholders to start production at the following fields: The new conduit will connect to Allen and hook up to trunk lines that take Argentine oil to Atlantic coast export terminals. The pipe will be built alongside an existing line from the 1970s, roughly doubling overall capacity for the route to about 300,000 barrels a day (bpd). YPF declined to comment for this story. Chevron and the other partners in the venture — Pluspetrol, Tecpetrol, Pampa Energia and Pan American Energy — didn’t immediately respond to inquiries left outside of regular business hours. Crude output from the Vaca Muerta already stands at about 450,000 bpd. Pipeline bottlenecks have been one of the issues holding back development. Image: YPF
oil-gas
02 April 2025
Nigeria Hires Former Ceo Of Shell Unit To Lead State Oil Company
World Oil
Nigeria Hires Former Ceo Of Shell Unit To Lead State Oil Company(Bloomberg) – Nigerian President Bola Tinubu hired the former head of a unit of Shell Plc to run the state oil company, as Africa’s biggest crude producer works to boost output and prepare the firm for an initial public offering. Bashir Ojulari will replace Mele Kyari as head of NNPC Ltd. with immediate effect, presidency spokesman Bayo Onanuga said in a statement. Ojulari most recently served as chief operating officer of Renaissance Africa Energy Co., and previously led Shell Nigeria Exploration and Production Co. The new board has been asked to conduct a strategic review of NNPC-operated and joint venture assets “to ensure alignment with value-maximization objectives,” Onanuga said. Kyari was the longest-serving CEO of the NNPC, which become a company in 2021 under a new petroleum law passed by the West African nation’s government. His five-year tenure coincided with a dramatic downturn in production, with Nigeria’s output of almost 2 million barrels per day dropping to almost half that amount as oil majors exited onshore wells plagued by persistent security issues. A gradual rise in output — with companies including Shell announcing a $5 billion investment in offshore production in December and the restart of two of the state’s long-dormant refineries — have offered encouraging signs for the industry. NNPC is also clearing the way for an initial public offering in a process that’s spanned a decade. The company said last week it’s in a “final stage” of preparation: launching a search for advisers to work out the details of the share sale. See also: Nigeria's National Petroleum Co. seeks advisers for long-delayed IPO Ojulari, who was at Renaissance when it acquired $1.3 billion of Shell’s onshore assets with a consortium of companies, will face a number of challenges.  That includes a probe into the NNPC ordered by the Senate in December over allegations that it failed to remit some funds from oil sales, and winning back the trust of the public frustrated by rising pump prices for gasoline.  While increased security by the government has reduced vandalism and pipeline theft, resulting in increased output, attacks on infrastructure flared up in recent weeks linked to political instability in the heart of Nigeria’s main oil-producing region. In addition, criminals have damaged gas lines that feed Nigeria LNG Ltd., curbing shipments of the fuel.  Tinubu also appointed Ahmadu Musa Kida as non-executive chairman, to replace Pius Akinyelure.
oil-gas
02 April 2025
Ineos Acquires Oil And Gas Assets In U.S. Gulf From Cnooc
World Oil
Ineos Acquires Oil And Gas Assets In U.S. Gulf From CnoocINEOS Energy has completed its acquisition of the U.S. Gulf business held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of CNOOC International Ltd. (CNOOC). The deal increases INEOS Energy’s production globally to over 90,000 barrels of oil equivalent per day (boed) and marks the third major investment by INEOS Energy in the U.S., in the past three years, following the 1.4 mtpa LNG deal completed with Sempra in December 2022 and the acquisition of Chesapeake Energy’s oil and gas assets in South Texas in May 2023. The business now transfers into INEOS Energy. Its U.S. Gulf assets and strategic partnerships in major U.S. energy projects, will further complement INEOS’ existing US onshore portfolio. The deal includes a portfolio of non-operated assets built around two deepwater early production assets (Appomattox and Stampede) in the U.S. Gulf. In addition, INEOS acquires several mature assets and supporting business.  "The U.S. is a very attractive place for INEOS Energy to invest. This is our third deal in three years following the 1.4 mtpa LNG deal with Sempra and the acquisition of Chesapeake Energy’s oil and gas assets in South Texas. Total capital spend on energy assets in the U.S. now exceeds $3 billion, providing a strong platform for future growth.” INEOS Energy is committed to a dual track approach, to meet society's energy needs through the current energy transition and to investment in carbon storage. The business is actively producing and trading oil, gas, power and carbon credits, as well as investing in LNG, and carbon capture and storage (CCS).
oil-gas
02 April 2025
Centerpoint Finalizes Sale Of 12,000 Miles Of Gas Pipelines In Louisiana, Mississippi
Pipeline Gas Journal
Centerpoint Finalizes Sale Of 12,000 Miles Of Gas Pipelines In Louisiana, Mississippi(P&GJ) — CenterPoint Energy has completed the sale of its natural gas distribution businesses in Louisiana and Mississippi to affiliates of Bernhard Capital Partners. The divested assets include roughly 12,000 miles of pipeline and serve about 380,000 metered customers. The new utility provider, Delta Utilities, based in New Orleans, will take over operations and customer service in both states. The deal received all required federal and state regulatory approvals, including clearance from the Louisiana Public Service Commission, the Mississippi Public Service Commission, and antitrust review under the Hart-Scott-Rodino Act. “I would like to thank our Louisiana and Mississippi employees and those that support these businesses for their dedication to customer service and quality,” said Jason Wells, CenterPoint President and CEO. “We will continue to support Delta Utilities towards a smooth transition for the benefit of the customers served in those jurisdictions.” Wells also noted that the proceeds from the sale will help fund CenterPoint’s long-term capital investment plans aimed at improving system safety, reliability, and resiliency.
oil-gas
02 April 2025
Gas-To-Power To Drive Angola’S Electrification
EnergyCapitalPower
Gas-To-Power To Drive Angola’S ElectrificationTargeting a 25% share of natural gas in its energy mix, Angola is accelerating gas-to-power projects to reduce reliance on diesel and strengthen energy security. While major developments are expanding domestic gas supply, challenges such as infrastructure gaps, regulatory hurdles and investment constraints must be addressed to fully realize Angola’s gas-to-power potential. As the largest event of its kind in the country, the Angola Oil & Gas (AOG) 2025 conference will explore Angola’s strategy for advancing gas-fueled power generation. By highlighting major projects, discussing strategies for enhancing production capacity and addressing critical challenges, the event will facilitate deals across Angola and the region’s growing gas industry. Major Power Projects Angola is set to expand its gas-fired power generation with projects such as the Soyo II Combined Cycle Power Plant. Currently in the permitting stage, the project is expected to begin commercial operations in 2025. The 750 MW dual-fuel power plant will be developed in a single phase, increasing the country’s gas processing capacity from 75 million to 125 million cubic feet of gas per day. The project complements the existing Soyo I Combined Cycle Power Plant and Falcão Phase 2 Project in Soyo, Zaire Province, which have been operating since 2017 and 2023, respectively. Engineering company Mecwide constructed the gas reception and distribution unit and 9-km pipeline for the Falcão facility, while China National Machinery Industry Corporation developed the Soyo project. Enhancing Capacity Angola is actively developing its upstream natural gas industry, targeting both associated and non-associated gas projects to boost supply. While the country has historically relied on associated gas for feedstock for the Angola LNG project and Soyo power plants,  the development of the first non-associated project is expected to bolster national production capacity. Led by the New Gas Consortium – headed by Azule Energy – the project will extract gas from the Quiluma and Maboqueiro shallow water fields, with first gas expected in 2026. Offshore well platforms were completed in February 2025, six months ahead of schedule. The Sanha Lean Gas Connection Project has also enhanced feedstock supply for the Angola LNG project and Soyo power plants. Operated by the Cabinda Gulf Oil Company, a Chevron subsidiary, the project achieved first gas in December 2024, supplying gas from Block 0. The first phase delivers 80 million standard cubic feet per day (mmscf/d), with the second phase set to increase capacity to 300 mmscf/d. Addressing Challenges To advance gas-to-power in Angola, several challenges must be tackled. Underinvestment in infrastructure has impacted both generation and transmission, while the country’s gas industry has historically been export-driven, leading to feedstock inconsistencies. However, initiatives are underway to address these issues. Angola is prioritizing gas-to-power projects, with Soyo infrastructure playing a key role. Non-associated gas projects will provide a more reliable supply for power generation. Additionally, the country’s Gas Master Plan (GMP) – set for implementation in 2025 – aims to address infrastructure constraints through a comprehensive strategy for natural gas value chain development. Covering a 30-year period, the GMP is designed to create a more competitive market for foreign investment. Beyond these efforts, the AOG 2025 conference will serve as a pivotal platform to strengthen Angola’s gas value chain. Policymakers, investors and industry leaders will discuss regulatory improvements and financial frameworks supporting gas-to-power growth, while panels and presentations will showcase ongoing and planned projects. AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.
oil-gas
02 April 2025
Argentina Sends First Vaca Muerta Gas To Brazil Through Bolivian Pipelines
Pipeline Gas Journal
Argentina Sends First Vaca Muerta Gas To Brazil Through Bolivian Pipelines(Reuters) — Argentina has for the first time exported gas from its Vaca Muerta shale formation to Brazil using a set of Bolivian pipelines, in a deal between TotalEnergies, Bolivia's YPFB and Matrix Energia, the Brazilian company said on Tuesday. Companies from Bolivia, Argentina and Brazil have negotiated deals for over a year, trying to secure a long-term route for Argentina's gas to reach one of Latin America's most important gas markets, Brazil. Some 500,000 cubic meters were exported through the Bolivian pipeline on Tuesday, sources familiar with the matter said. "The objective of the unprecedented operation is to ensure the technical viability of the logistics network," Matrix said in a statement. Contracts were signed between Total's Argentina unit and Matrix, and between Bolivia's state-run YPFB and Matrix for a tripartite operational agreement. A major hurdle was Bolivia's initial reluctance to charge a tolling fee for the use of its infrastructure, preferring a solution that would see it buy gas from Argentina and then resell to Brazil. But negotiations improved in recent months, with several possible supply contracts identified, sources told Reuters. The pipeline has for years carried key supplies of Bolivian gas to both Brazil and Argentina, but as Bolivia's own gas output dwindles, volumes exported have declined, creating the need for new suppliers and transportation solutions. The arrival of Vaca Muerta gas in Brazil is a win for Brazil's President Luiz Inacio Lula da Silva, who has put providing cheaper gas to the country's industry as a priority. If exports are sustained, they would also represent a triumph for Argentina, whose gas output is growing under President Javier Milei's market-friendly policies, opening a new source of revenue for the country, which until recently had a deficit in its energy trade balance. The agreement includes a spot contract, so supply to Brazil can be interrupted during winter when demand in Argentina is higher, one of the sources told Reuters. Bolivia's YPFB did not immediately respond to a Reuters request for comment. Brazil's oil giant Petrobras PETR4.SA, another possible buyer of the gas from Vaca Muerta, is seeking contracts to import liquefied natural gas (LNG) in coming years while negotiating supplies via pipeline from Argentina, a company executive said last month. "I think that there is a real possibility to make some deal," said Mauricio Tolmasquim, Petrobras' former chief of energy transition, referring to talks to receive Argentine gas through Bolivia. "We are talking about what price we need that can be accepted by most parties," he added.
oil-gas
02 April 2025
Galveston Lng Bunker Port, Uk’S Dunmura Ink Lng Supply Deal For Marine Fuel
Pipeline Gas Journal
Galveston Lng Bunker Port, Uk’S Dunmura Ink Lng Supply Deal For Marine Fuel(P&GJ) — Galveston LNG Bunker Port LLC (GLBP) has signed a sales and purchase agreement with U.K.-based LNG bunkering specialist Dunmura Ltd. to supply liquefied natural gas (LNG) from GLBP’s proposed liquefaction project in the Texas City Industrial Complex near Galveston Bay. Under the agreement, LNG will be supplied to Dunmura on either a free-on-board (FOB) or delivered-ex-ship (DES) basis. The deal marks a step forward for GLBP’s plans to launch the first dedicated LNG bunkering facility on the U.S. Gulf Coast. Dunmura, which focuses on LNG as a marine fuel, will use the supply to serve customers amid growing demand for cleaner maritime energy. “We are delighted to have concluded this agreement with the team at GLBP, the first we have announced since Dunmura’s establishment late last year,” said Peter Mackey, CEO of Dunmura. “This agreement gives our customers access to the largest LNG production market globally.” Jonathan Cook, Director of GLBP and CEO of Pilot LNG, said the deal highlights GLBP’s position in the Houston-Galveston region. “We are excited to be working with such an industry veteran like Peter and his team,” said Cook. “The signing of this agreement is an important step for our project and highlights the lead that GLBP has in the Houston-Galveston region. We look forward to working with Dunmura and its customers, with LNG bunker deliveries starting as soon as 2027.”
oil-gas
02 April 2025
China'S First 300-Bar Hydrogen Supply Hub Opens In Shanghai
Pipeline Gas Journal
China'S First 300-Bar Hydrogen Supply Hub Opens In Shanghai(P&GJ) – Air Liquide and Shenergy have inaugurated a new hydrogen energy facility in Shanghai, marking the launch of China’s first 300-bar Type II hydrogen filling center. The facility, known as the Shanghai Hydrogen Energy Supply Basin and operated by the joint venture ALSHSN (Shanghai Chemical Industry Park Air Liquide Shenergy Hydrogen Energy Development Co., Ltd.), represents a key step in advancing hydrogen mobility and supply in the Yangtze River Delta. With an investment of RMB 180 million, ALSHSN will supply high-pressure hydrogen to both industrial clients and the transportation sector. The facility can initially deliver 12 tonnes of hydrogen per day—enough to support 12 refueling stations and fuel over 1,000 medium- to heavy-duty hydrogen-powered trucks daily. Hydrogen for the site is produced using CO₂ recycling processes at SCIPIG, an Air Liquide subsidiary, and biomethane sourced from Shenergy. The facility also debuts the first 300-bar Type II hydrogen trailers in China, offering a 60% increase in payload and reduced emissions compared to 200-bar tube trailers. “This project reinforces our partnerships with Shenergy and SCIP, and demonstrates our ability to deliver low-carbon hydrogen to the local market by leveraging industrial byproducts,” said Rui Coelho, Air Liquide China CEO. Air Liquide Group Vice President Ronnie Chalmers and French Foreign Minister Jean-Noël Barrot were among those attending the opening event. Shanghai is targeting peak carbon emissions by 2025, ahead of the national deadline, and continues to expand its hydrogen vehicle and fueling station infrastructure. The ALSHSN facility is expected to help accelerate that transition by improving regional logistics and supply chain reliability.
oil-gas
02 April 2025
Uni-Fuels Establishes Uae Subsidiary And New Office In Dubai
Gulf Oil and Gas
Uni-Fuels Establishes Uae Subsidiary And New Office In DubaiUni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced the establishment of a wholly-owned subsidiary in the United Arab Emirates and the opening of a new office in Dubai. The subsidiary, Uni-Fuels Middle East FZCO, also known as Uni-Fuels Dubai, is intended to expand the Company’s ability to provide tailored marine fuel solutions, customer support and serve the growing needs of the maritime industry in the Middle East and beyond. “Dubai’s dynamic business environment and strategic location as one of the world’s busiest shipping hubs make it an ideal base for Uni-Fuels to deepen its regional partnerships and optimize fuel supply chains for clients,” said Uni-Fuels Senior Vice President, Commercial, Alan Tan. The new office in Dubai will serve as Uni-Fuels’ regional hub for real-time market insights and efficient fuel procurement, ensuring seamless operations for shipowners and operators worldwide. “The launch of our Dubai office is a significant step in our global growth strategy,” added Mr. Tan. “As a growing player in the bunker industry, we are dedicated to expanding our footprint in high-impact regions, and Dubai provides the perfect platform to enhance our service offerings and increase our engagement with business partners.” The new location will provide direct access to fuel procurement expertise, competitive pricing, and innovative solutions tailored to the evolving needs of the maritime sector. “Clients at our Dubai office can expect enhanced support, optimized operations, and an expanded and more resilient supply network across critical shipping routes,” said the SVP. “With this expansion, Uni-Fuels continues to solidify its reputation as a trusted partner in the provision of marine fuel solutions, ensuring reliability, efficiency, and excellence in marine fuel supply across the globe.”
oil-gas
02 April 2025
Tsuneishi Launched The Japan’S First Hydrogen Dual-Fuelled Tugboat
Gulf Oil and Gas
Tsuneishi Launched The Japan’S First Hydrogen Dual-Fuelled TugboatTSUNEISHI SHIPBUILDING Co., Ltd. (Fukuyama, Hiroshima, Japan) has launched the Japan’s first tugboat in Japan to be equipped with a hydrogen-powered internal combustion engine (hereinafter ICE). This vessel was launched on March 28, 2025 at TSUNEISHI Factory. The vessel is equipped with a high-power output hydrogen dual-fuelled ICE and a high-pressure hydrogen gas storage system with large-capacity and supply. It also used “JGreeX” which are produced by JFE Steel Corporation as green steel for all of its steel plates. By utilising green steel and hydrogen fuel to reduce the environmental impact, we will provide cleaner vessels and contribute to decarbonisation. Hydrogen fuel is a clean fuel that does not emit carbon dioxide when burned and is expected to contribute to the realisation of carbon neutrality. This vessel was developed and built as part of the The Nippon Foundation’s “Zero Emission Ships Project”, which aims to develop vessels with zero CO2 emissions. Large vessels have difficulty controlling their steering when they are operating at low speeds, making it difficult to manoeuvre them smoothly. For this reason, tugboats are used to assist with the steering and propulsion of large vessels when they are leaving or arriving at ports safely and quickly. Therefore, tugboats need to be highly manoeuvrable and have high engine output. This tugboat is installed with twin 12-cylinder hydrogen-blended engines (4,400 horsepower class), and by hydrogen in combination with traditional marine fuels, with the target of reducing carbon dioxide emissions by approximately 60% compared to conventional tugboats that use traditional marine fuels. Furthermore, by having facilities to store approximately 250kg of high-pressure hydrogen gas, it is possible to maintain the same operational performance as when using conventional fuel while also making use of hydrogen fuel. In the unlikely event of failure of the hydrogen fuel system, the vessel can operate with only traditional marine fuels, thus ensuring the same level of safety as conventional vessels. In addition, “JGreeX“, which are used for all of the vessel’s hull, is a green steel material that has significantly reduced CO2 emissions by crediting the steel material with the amount of CO2 emissions reduced in the steel production process. With the use of “JGreeX”, it contributes to a 100% reduction in CO2 emissions caused by steel plates. TSUNEISHI SHIPBUILDING will continue to contribute to the realisation of a decarbonised society. We are doing this by taking various approaches to reducing greenhouse gases. These include the development and construction of next-generation fuel vessels and the procurement of green steel materials. Mr. NISHIJIMA Takanori, from General Manager of the Design Division and Managing Executive Officer of TSUNEISHI SHIPBUILDING Co., Ltd. commented: ‘We have successfully launched our first hydrogen-fuelled tugboat. We will utilise the know-how and design processes we have developed in the construction of hydrogen-fuelled tugboats, which require high power, in the construction of further new fuel vessels. Our company is working to achieve carbon neutrality by developing and constructing new fuel vessels such as methanol-fuelled, LNG-fuelled and hydrogen-fuelled vessels, making use of group synergies. TSUNEISHI SHIPBUILDING will continue to contribute to the decarbonisation of the maritime industry through a multifaceted approach to the development and construction of new fuel vessels, an the utilisation of green steel materials.’
oil-gas
02 April 2025
Bernhard Capital-Backed Delta Utilities Completes Acquisition Of Centerpoint Energy'S Natural Gas Distribution Businesses
Gas Processing and LNG
Bernhard Capital-Backed Delta Utilities Completes Acquisition Of Centerpoint Energy'S Natural Gas Distribution BusinessesDelta Utilities, a Bernhard Capital Partners portfolio company, has acquired CenterPoint Energy's three regulated natural gas local distribution companies serving communities throughout Louisiana and Mississippi. The acquisition includes approximately 12,000 miles of main pipeline in Louisiana and Mississippi that serve approximately 380,000 residential and commercial customers. Delta Utilities, based in New Orleans, is a core-focused regulated natural gas utility company. "We are thrilled to finalize the acquisition of these natural gas utilities, which provide vital energy service to major markets across both Louisiana and Mississippi," said Jeff Jenkins, Founder and Partner at Bernhard Capital. "These are strong companies that exemplify our strategy of investing in regulated utilities and critical infrastructure. We believe natural gas is a key component of building more resilient communities and has a lasting role in our nation's energy portfolio. Delta Utilities will be a catalyst for economic growth while delivering safe, reliable service to the communities within its operational footprint."
oil-gas
02 April 2025
Unlocking America'S Energy Future With Texas Gas' New Natural Gas Pipeline Expansion Project
Gas Processing and LNG
Unlocking America'S Energy Future With Texas Gas' New Natural Gas Pipeline Expansion ProjectTexas Gas Transmission, LLC, a subsidiary of Boardwalk Pipelines, LP and a leader in reliable energy infrastructure, is announcing a non-binding Open Season for the Borealis Natural Gas Pipeline Expansion Project. This transformative project aims to bolster America's energy future by tapping into the abundant Marcellus and Utica shale gas reserves, delivering reliable and affordable natural gas to meet the growing energy demand across our expansive footprint, from Ohio to Louisiana. Project Overview The Borealis Project enhances Texas Gas' existing 5,975-mile pipeline network by connecting prolific Marcellus and Utica supply basins with growing demand markets. By utilizing the existing Texas Gas footprint and minimizing the need to construct new facilities, Borealis offers a streamlined, efficient expansion to create up to 2 Bcf/d of incremental transportation to markets from Ohio to Louisiana. Texas Gas will also entertain bids to extend further upstream, connecting to Utica and Marcellus supply sources and enhancing access to these reserves. Together, these efforts ensure a dependable incremental flow of natural gas to fuel electric utilities, independent power producers, local distribution companies, producers, LNG exporters, industrials and data centers across our service territory. "This project strengthens the link between some of America's most abundant energy reserves and the communities and industries that rely on them every day," said President and CEO, Scott Hallam. "It reflects Boardwalk's ongoing commitment to meeting demand through innovative infrastructure solutions that create long-term value and meaningful impact." Key Benefits for Our Customers Non-Binding Open Season Details Texas Gas invites interested parties to participate in this non-binding Open Season to express interest in firm transportation capacity on the Borealis Project. This process adheres to Federal Energy Regulatory Commission guidelines for interstate pipelines, ensuring transparency and equal opportunity.
oil-gas
02 April 2025
Argentina Starts Gas Exports To Brazil Through Bolivia
Gas Processing and LNG
Argentina Starts Gas Exports To Brazil Through BoliviaArgentina has for the first time exported gas from its Vaca Muerta shale formation to Brazil using a set of Bolivian pipelines, in a deal between TotalEnergies, Bolivia's YPFB and Matrix Energia, the Brazilian company said. Companies from Bolivia, Argentina and Brazil have negotiated deals for over a year, trying to secure a long-term route for Argentina's gas to reach one of Latin America's most important gas markets, Brazil. Some 500,000 cubic meters were exported through the Bolivian pipeline on Tuesday, sources familiar with the matter said. "The objective of the unprecedented operation is to ensure the technical viability of the logistics network," Matrix said in a statement. Contracts were signed between Total's Argentina unit and Matrix, and between Bolivia's state-run YPFB and Matrix for a tripartite operational agreement. A major hurdle was Bolivia's initial reluctance to charge a tolling fee for the use of its infrastructure, preferring a solution that would see it buy gas from Argentina and then resell to Brazil. But negotiations improved in recent months, with several possible supply contracts identified, sources told Reuters. The pipeline has for years carried key supplies of Bolivian gas to both Brazil and Argentina, but as Bolivia's own gas output dwindles, volumes exported have declined, creating the need for new suppliers and transportation solutions. The arrival of Vaca Muerta gas in Brazil is a win for Brazil's President Luiz Inacio Lula da Silva, who has put providing cheaper gas to the country's industry as a priority. If exports are sustained, they would also represent a triumph for Argentina, whose gas output is growing under President Javier Milei's market-friendly policies, opening a new source of revenue for the country, which until recently had a deficit in its energy trade balance. The agreement includes a spot contract, so supply to Brazil can be interrupted during winter when demand in Argentina is higher, one of the sources told Reuters. Bolivia's YPFB did not immediately respond to a Reuters request for comment. Brazil's oil giant Petrobras PETR4.SA, another possible buyer of the gas from Vaca Muerta, is seeking contracts to import liquefied natural gas (LNG) in coming years while negotiating supplies via pipeline from Argentina, a company executive said last month. "I think that there is a real possibility to make some deal," said Mauricio Tolmasquim, Petrobras' former chief of energy transition, referring to talks to receive Argentine gas through Bolivia. "We are talking about what price we need that can be accepted by most parties," he added.
oil-gas
02 April 2025
Oman’S Oil Sector Received $12Bn Investment In 2024
ARABIAN GULF BUSINESS INSIGHT
Oman’S Oil Sector Received $12Bn Investment In 2024Oman says nearly RO5 billion ($12 billion) was pumped into its hydrocarbon sector last year as it pushed ahead with plans to expand production capacity and boost reserves. By the end of 2024, cumulative investment in the sultanate’s hydrocarbon industry totalled around RO24 billion ($62 billion), up from RO19 ($50 billion) at the end of 2023, according to the National Centre for Statistics and Information. A large part of the investments were channelled by foreign oil companies with interests in Oman including British Petroleum, Shell and Italy’s ENI. Shell has a 34 percent stake in Petroleum Development Oman, alongside TotalEnergies, which has 4 percent. BP has had a presence in the sultanate since 2007. It operates the Khazzan tight gas project and in 2023 signed an agreement to develop a green hydrogen project in Al-Wusta province. Last week, the ministry of energy and minerals offered further concessions in Block 18 in the Sea of Oman, Block 36, Block 43 and Block 66 onshore, according to the director general of investment. Oman produced nearly 992,000 barrels per day in 2024. It controls around 5.2 billion barrels of proven oil deposits and 25 trillion cubic feet of gas.
oil-gas
01 April 2025
Uganda Partners With Alpha Mbm Investments On Oil Refinery
EnergyCapitalPower
Uganda Partners With Alpha Mbm Investments On Oil RefineryState-owned Uganda National Oil Corporation (UNOC) has concluded a partnership agreement with private investment firm Alpha MBM Investments for the development of an oil refinery in Uganda. Initially signed in December 2023, the agreement conclusion paves the way for the construction of the $4 billion facility. The companies will now proceed to sign the requisite commercial agreements, including the Host Government Agreement (HGA), Crude Suppliers Agreement (CSA) and Shareholders Agreement. While the HGA will outline key commitments and obligations of the state and its partners, the CSA will determine feedstock of 60,000 barrels per day for the facility. Thereafter, a final investment decision will be made, with the facility financed through a combination of debt (60%) and equity (40%). “We are pleased to have a partner with financial strength and a solid reputation. Work will commence immediately after negotiations to recover the lost time,” stated Ruth Nankabirwa, Minister of Energy and Mineral Development Uganda.
oil-gas
01 April 2025
Fluxys Begins Building Belgium'S First Hydrogen Pipeline Network
Pipeline Technology Journal
Fluxys Begins Building Belgium'S First Hydrogen Pipeline NetworkFluxys has begun construction on the first phase of its hydrogen transport network in Belgium, focusing initially on pipelines in the port areas of Antwerp and Ghent. The project, announced Friday, marks a step toward developing a national open-access hydrogen infrastructure, as mandated by the company in its role as the designated hydrogen network operator. The Belgian federal government is providing financial support through the European Union’s Resilience and Recovery Fund. The start of construction followed consultations with authorities, regulators and industry stakeholders. Fluxys hydrogen NV, a subsidiary created in 2023, was officially appointed in April 2024 to develop and manage the open-access network. The company said the decision reflects a cautious approach to investment risk in the nascent hydrogen market. The first phase includes pipeline installation between the ports of Antwerp and Ghent, specifically along the Kallo to Zelzate segment. The pipelines are being built with multi-purpose technology, similar to recent gas pipeline projects, to allow flexibility for future energy vectors. The hydrogen network will be deployed in phases starting in 2026, based on market demand and economic conditions, with the entire infrastructure adhering to open access principles, allowing hydrogen producers and consumers to connect under Belgian regulatory frameworks. The frameworks aim to support the development of a hydrogen economy while managing initial investment risks. Public support mechanisms are expected to balance industrial development and economic viability.
oil-gas
01 April 2025
Congo Eyes Agriculture Growth Through Gas-To-Power Projects
EnergyCapitalPower
Congo Eyes Agriculture Growth Through Gas-To-Power ProjectsWith a pipeline of natural gas projects coming online this year, the Republic of Congo has outlined ambitious plans to leverage its endowment of hydrocarbons to support development of the agriculture sector. As such, the introduction of emerging technologies and the deployment of gas-to-power projects in Congo is setting a strong benchmark for economic diversification and socioeconomic development in the country. Gas-to-Power to Drive Development Set to address the country’s electrification challenges, Turkish power producer Aksa Enerji recently announced the first 25 MW turbine of the Djeno Power Plant is scheduled to commence operations in March 2025. The plant has a current installed capacity of 50 MW, comprising two combined-cycle combustion turbines of 25 MW each. With the first turbined scheduled for commissioning this month, the second is undergoing maintenance and is expected to be operational by Q3, 2025. Congo is home to an estimated 10 trillion cubic feet of proven gas reserves, primarily located in offshore fields such as Litchendjili, Néné, Minsala and Nkala, within the Marine XII license. To harness these resources, the Congolese government has implemented a series of initiatives and incentives to define a natural gas strategy that promotes development across all sectors of the economy.  Supporting the Agriculture Sector Speaking in his state of the nation address to parliament in November 2024, Congo’s President Denis Sassou Nguesso announced the country is looking at boosting production of fertilizer across the country to support agricultural activities. During his address, the president explained that the country’s fertile soil, young workforce and significant gas reserves have the potential to support agriculture and diversify its economy. With a ramp up of natural gas exploration and production activities in 2025 and beyond, the Congolese government has indicated a commitment to leveraging income from the sale of LNG to support agriculture initiatives across the country. Congo exported its inaugural shipment of LNG to Italy in February 2024. The cargo was exported from the Tango FLNG facility – operated by energy major Eni. A Front Runner in Sustainable Gas Production On the back of a major gas monetization drive, Congo is expected to produce 3 million tons of gas this year. As such, dynamic opportunities in gas processing and refining present lucrative investment opportunities for international players. With significant untapped gas reserves and a pressing need for reliable power, Congo is set to launch its Gas Mater Plan imminently. The plan aims to advance the country’s gas monetization agenda by catalyzing new infrastructure development, including gas pipelines, processing facilities and gas-to-power plants. The plan also seeks to reduce energy imports and raise electricity access, currently at 50%.
oil-gas
01 April 2025
Sinopec Announces Major Shale Oil Discovery In Eastern China
World Oil
Sinopec Announces Major Shale Oil Discovery In Eastern ChinaChina Petroleum & Chemical Corporation (Sinopec) announced the discovery of over 140 million tonnes (MMt) of proven geological reserves of shale oil with technically recoverable reserves of 11.3599 MMt at its Shengli Oilfield's Jiyang shale oil national demonstration zone in East China's Shandong province on March 24, 2025. This is the first shale oil field with proven geological reserves of over 100 MMt that has been certificated by China's Ministry of Natural Resources. Shengli Oilfield has developed advanced automated drilling equipment that extracts efficiently, and explored horizontal well optimization and fast drilling technology, and dense cutting combined seam network volume fracturing technology. The average drilling cycle has been reduced from 133 days to 29.5 days, and the drilling cycle of 6,000-meter wells has reached 17.7 days, and the single well production capacity has continued to set new records. "Through 150,000 times of indoor experiments, we developed the theory of shale oil enrichment in continental fault lake basins, reshaping the traditional common understanding that shale oil can only be enriched and mobilized when its maturity is higher than 0.9%," shared Liu Huimin, Vice President and Chief Geologist of Sinopec Shengli Oilfield Branch. "With the support of this theory, the amount of shale oil resources in Jiyang has tripled after re-evaluation." Shengli Oilfield has tackled challenges of high temperature, pressure, and leakage in shale oil development. By advancing reserve-fracture-pressure theories, developing full-cycle 3D technologies, and building an integrated geological engineering platform, it expanded shale oil development from three to seven layers, addressing extraction efficiency and maximizing resource recovery. Sun Yongzhuang, Assistant to President of Sinopec Group and Managing Director of Shengli Petroleum Administration Bureau Co., said estimated shale oil resources in Shengli Oilfield have reached 10.5 billion tonnes, equivalent to the conventional oil and gas resources recovered during the past 60 years in China. "After more than 10 years of continuous research and innovative breakthroughs, Shengli Oilfield is expected to add 80 million tonnes of proven reserves this year through the integrated promotion of exploration and development," Mr. Sun said. Jia Chengzao, an Academician with the Chinese Academy of Sciences and an expert in petroleum and structural geology, said shale oil is a key resource for boosting and stabilizing domestic crude oil production, commenting, "Proven reserves are the core indicator supporting current production. In January, the Ministry of Natural Resources issued specifications for estimating oil reserves in shale formations, marking a new stage of normalization and standardization in China's shale oil resource management."
oil-gas
01 April 2025