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Coal Getting Cheaper in China Despite Heat-Induced Demand Surge
Thursday, June 08, 2023Despite scorching heat boosting power demand, Chinese coal hasn't been this cheap in over two years.
India's MRPL Redirects Growth Plan from Refinery to Chemicals
Wednesday, June 07, 2023MRPL shelved a planned refinery expansion to focus on boosting its petrochemical production capacity.
Rerouted Oil to Soften Russian Economy Contraction: World Bank
Wednesday, June 07, 2023Oil shipment volumes from Russia “have not changed materially” despite war sanctions.
Saudis Remind Global Oil Market Who is King
Wednesday, June 07, 2023Saudi Arabia has once again reminded the global oil market who is king, according to Skandinaviska Enskilda Banken AB.
USA Aims to Raise Clean Hydrogen Output to 10 MMT Yearly
Wednesday, June 07, 2023The DOE released the USA roadmap for expanding the clean hydrogen industry, targeting to increase production to 10 MMT annually by 2030.
ConocoPhillips Starts Nuna Oil Field Development in Alaska
Wednesday, June 07, 2023ConocoPhillips expects a peak oil rate of 20,000 barrels per day from Nuna.
Singapore's Sembcorp Inks Deal for Natural Gas from Indonesia
Wednesday, June 07, 2023The agreement to import natural gas piped from the West Natuna gas fields in Indonesia is estimated at $1.41 billion.
Global Electricity Access Growth Slows in Past Three Years: IEA
Wednesday, June 07, 2023To reach universal access by 2030, the annual growth rate in electricity access must be one percentage point a year from 2021 onward.
Exxon CEO Tells Europe to Follow USA Approach to Climate Action
Wednesday, June 07, 2023Europe has been working with a greater sense of urgency since the Biden administration last year passed its Inflation Reduction Act.
Debt Ceiling Deal Becomes Law
Wednesday, June 07, 2023H.R.3746 includes provisions that expedite the permitting process for certain energy projects.
Masdar Secures Land to Advance with 10 GW Egypt Wind Project
Wednesday, June 07, 2023Masdar signed a deal securing land in Egypt for the construction of what it said is Africa's biggest wind farm.
Nigeria's Decrepit Refineries Cost $10B Over a Decade
Wednesday, June 07, 2023Nigeria spent more than $10 billion in a decade on three oil refineries that produced hardly any fuel, a parliamentary report said.
Analyst Flags Downward Trajectory of USA Henry Hub Prices
Wednesday, June 07, 2023'This maintains the downward trajectory of prices since the highs observed in 2022'.
Oil Rises on Refinery Summer Run-Up
Wednesday, June 07, 2023Refinery crude processing reach rates not seen since August 2019 in preparation for summer demand.
What Do Latest OPEC+ Moves Mean?
Tuesday, June 06, 2023Rystad Energy, S&P Global Commodity Insights, and XTB share their views.
Qatar Offers Cheaper LNG to Asian Market
Tuesday, June 06, 2023Qatar seeks to secure customers amid rising competition with the US.
Par Pacific Completes Buy of ExxonMobil Refinery
Tuesday, June 06, 2023The divestment includes the Silvertip pipeline and ExxonMobil's 40 percent stake in the Yellowstone pipeline and Yellowstone Energy LP.
Zenith Inks Deal Launching Its USA Expansion
Tuesday, June 06, 2023Zenith is acquiring oil wells in Oklahoma state from Stateside.
Philippines Receives Nearly 400 Bids for Renewables Development
Tuesday, June 06, 2023The Philippines is holding its second renewables auction with 11,600 MW in offer.
Petrobras Begins FPSO Production at Buzios
Tuesday, June 06, 2023The FPSO Almirante Barroso platform can produce up to 150,000 barrels of oil and 211.89 MMcf of gas daily.
Pennsylvania's Largest Coal Plant to Close amid Shift to Gas
Tuesday, June 06, 2023The Homer City Generating Station will close by July.
UK Energy Transition Can Create More New Jobs than Lost: Study
Tuesday, June 06, 2023But government intervention is needed to enable the UK to take advantage of the job market opportunity from the energy transition.
Does the Global Drug Trafficking Industry Affect Oil and Gas?
Tuesday, June 06, 2023'There are two main groups of actors in the international drug trade that can impact oil and gas - cartels and insurgent actors'.
USA Shale Seen Holding Firm on Returns
Tuesday, June 06, 2023U.S. shale producers will stick to their previously announced plans for 2023.
Fatality At North Rankin Complex
Tuesday, June 06, 2023'This is a very sad day for the extended Woodside family'.
Russian Crude Flows Stay High
Tuesday, June 06, 2023Russian crude oil flows to international markets continue unabated.
Saudi Cuts Fail to Sustain Rally
Tuesday, June 06, 2023Demand uncertainties overcome Saudi Arabia's supply cuts.
Latest Troll Try Spits Dust
Monday, June 05, 2023The development follows a spate of discoveries near the field.
Saudi to Cut Output by 1MM BPD in Solo OPEC+ Move
Monday, June 05, 2023The extra cut in July takes Saudi Arabia's production to the lowest level for several years after a slide in crude prices.
UAE to Have Own Electrolyzer Production for Green Hydrogen
Monday, June 05, 2023ADNOC has entered a deal for the establishment of domestic electrolyzer manufacturing to produce green hydrogen.
Two LNG Terminals Completed in Philippines
Monday, June 05, 2023The LNG terminals open up importation to meet the Philippines' growing energy demand.
Major Yacht Maker Subscribes to Eni's Biofuel
Monday, June 05, 2023Azimut-Benetti will use Eni's HVO biofuel under "the first yachting industry agreement that targets decarbonization".
CNOOC Starts Up China's First Offshore CCS Project
Monday, June 05, 2023CNOOC has commissioned the first offshore CCS project in China.
UK Starts More Reforms to Speed Up Renewable Power Generation
Monday, June 05, 2023The UK's electricity system operator has initiated additional reforms to enable developers to build their own connections to the grid.
Regulator Fines Hilcorp Alaska in Latest of Over 60 Enforcement Actions
Monday, June 05, 2023Hilcorp Alaska has been found to have violated an approved drilling process.
Wenchang Deep-Sea Floating Wind Project Connected to Grid
Monday, June 05, 2023CNOOC Limited has connected the Wenchang deep-sea floating demonstration project to the grid for power generation.
Shell And Idekapital Invest $90MM in Kongsberg Digital
Monday, June 05, 2023Kongsberg Digital has secured a $90 million investment from Shell Ventures and Idekapital.
Data Science is the Future of Oil and Gas
Monday, June 05, 2023'Data science will increase the capability of oil and gas operations dramatically'.
Putin Gains Influence in Oil Rich Libya
Monday, June 05, 2023While the U.S. ponders whether to reopen its embassy in Libya, Vladimir Putin's new ambassador is preparing to take up his post in the capital.
North America Loses More Rigs
Monday, June 05, 2023North America dropped five more rigs week on week, according to Baker Hughes.
Starmer Says Oil and Gas in UK Mix for Years in Bid to Calm Unions
Monday, June 05, 2023UK opposition leader Keir Starmer said oil and gas would remain part of the country's energy mix 'for many, many years'.
Oil Edges Up Amid Broader Risk Off Sentiment
Monday, June 05, 2023Oil inched higher as Saudi Arabia's go-it-alone production cuts were offset by broader risk-off sentiment and traders waiting to see if cuts will materialize.
Neptune Energy Gets Young Person's Guarantee Employer Status
Sunday, June 04, 2023Neptune Energy has secured Young Person's Guarantee employer status.
TotalEnergies Inks Agua Marinha PSC in Brazil
Saturday, June 03, 2023TotalEnergies has secured its share in the Agua Marinha block in the Campos Basin offshore Brazil.
Aramco Holds Talks with Turkish Firms on $50B Planned Projects
Friday, June 02, 2023Aramco met with Turkish contractors to discuss $50 billion of potential projects in the Gulf kingdom.
QatarEnergy to Supply Bangladesh with LNG under 15-Year Deal
Friday, June 02, 2023QatarEnergy will supply Bangladesh 1.8 million mtpa of LNG starting 2026.
USA Steel Major Taps ExxonMobil for Carbon Capture
Friday, June 02, 2023The deal with Nucor raises ExxonMobil's carbon capture commitments involving customers to five million mtpa.
Chevron to Have Wastewater Pipeline for Permian Operation
Friday, June 02, 2023Chevron has commissioned the construction of a pipeline to dispose of wastewater from its extraction activities in the Permian.
India to Boost Renewables Capacity, Avoid New Coal Plants
Friday, June 02, 2023India plans no new coal power plants in the next five years.
Woodside Awards Contracts for Decommissioning of Australia Fields
Friday, June 02, 2023The decommissioning involves subsea infrastructure at the Enfield, Griffin, Stybarrow and Echo Yodel oil and gas fields.
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