Tuesday, 3 November 2026

MARAD approved ST LNG's deepwater port license application, according to Oil & Gas Journal.

The approval clears a federal regulatory hurdle, but ST LNG must still meet outstanding federal and state requirements, secure customer commitments, arrange financing, and reach a final investment decision.

The US Department of Energy has authorized ST LNG to export LNG to countries with qualifying US free trade agreements, Oil & Gas Journal reported.

Offshore drilling operators are reclassifying waste management from a disposal afterthought to a drilling performance variable, according to TWMA CEO Halle Aslaksen, as reported by Offshore Magazine.

Aslaksen said at-source processing of drilling waste cuts transport requirements, emissions, costs, and operational bottlenecks while allowing valuable base fluids to be recovered and reused, Offshore Magazine reported.

Since 2014, TWMA has processed more than 600,000 tonnes of drilling waste at source across multiple UAE fields, according to the company. That work eliminated more than 70,000 kilometers of transport and reduced emissions by around 50%, TWMA said.

Two long-term producer agreements will underpin a gas gathering and processing expansion by San Mateo Midstream LLC in New Mexico's Delaware basin, Oil & Gas Journal reported.

The project centers on the Marlan complex in Eddy County, New Mexico, where San Mateo intends to build a 300-MMcfd processing train alongside a nitrogen rejection unit. Roughly 20 miles of new gas pipeline would link freshly dedicated acreage to the facility, which will also gain a field treating unit designed for CO2 removal.

San Mateo targets completion by yearend 2028, contingent on permitting, procurement, and construction.

The finished expansion would lift San Mateo's total gas processing capacity past 1.3 bcfd, according to Oil & Gas Journal.

Rapid Support Forces drones attacked an oil pumping station and an energy infrastructure facility in Hayya, a city in Sudan's Red Sea State, the Sudan Tribune reported citing local sources.

The October 31 strikes ignited fires at both sites. Several crude oil tanks at the pumping station caught fire after the drone hit, according to the Sudan Tribune.

A separate drone struck a transformer substation in Hayya that was in the final stages of construction and intended to bolster Port Sudan's power supply.

Indraprastha Gas Ltd (IGL) has partnered with Northern Railway's Delhi Division to switch 22 railway establishments across Delhi-NCR from LPG and diesel to piped natural gas (PNG), according to Livemint.

IGL will initially supply around 3,000 standard cubic metres of natural gas per day under the agreement, Livemint reported. The supply is expected to replace approximately 500 kg of LPG and 2,500 litres of diesel consumed daily at the sites, according to a company statement cited by Livemint.

Nigeria's Bonny Light crude was selling for USD 115 per barrel, according to Nairametrics, with crude export proceeds contributing to foreign exchange inflows.

The country's total foreign exchange reserves stood at approximately USD 55 billion, Nairametrics reported, providing a cash buffer to intervene in the FX market and meet import and repatriation demands.

Stronger benchmark prices for Bonny Light are reinforcing the dollar supply available to satisfy currency market operations, according to Nairametrics.