Energy

LNG

Germany to Build Its Own LNG Terminal

European Union’s sanctions may be pounding hard on the Russian economy, its energy reliance cannot be dismissed. This incidentally also explains the sanctions …

CNOOC

Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field

Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios fie…

World’s most Advanced Oil Rig Commissioned at ONGC Well in Bhimavaram

As the energy prices soar, the advanced rigs are very crucial for the Indian energy sector to drill oil and gas wells faster to increase the production for d…

Crude Oil

Africa: Nigeria to Maintain Top Positions As Africa's Biggest Oil Producer, Production to Peak in 2023 - Report

Nigeria will retain its number one position as Africa's biggest oil producer as well as maintain the top three gas suppliers on the continent between 2022 and 2…

Oil Exploration

Oil and Gas Exploration is on The Rise In Africa

Increasing exploration activities in 2022 and onwards is a top priority for African hydrocarbon producers as they seek to expand production and establish the co…

Oil & Gas Supply

With Oil Market in Turmoil, Energy Execs Urge more Output, Security

Oil-and-gas leaders advocated at an industry conference on Monday for increased security of energy supply and more fossil fuel production, while the U.S. climat…

Natural Gas

Fixing Wind, Solar Permitting in EU to Help Reduce Russian Gas Imports

Speeding up wind and solar permitting, diversifying gas supplies and making the most of existing low-carbon energy sources are important steps to reduce the EU…

Hydrogen Production

First Hydrogen Energy Launched to Focus on Green Hydrogen Production and Distribution

The production and distribution of green hydrogen is the focus for First Hydrogen Energy, a newly launched division of First Hydrogen Corp.

Natural Gas

Shell Sorry for Buying Russian Crude

Oil major Shell on Tuesday apologised for buying a cargo of Russian crude oil last week, a decision which was made with the security of supplies in mind and gui…

Saudi Arabia

Saudi Arabia Signs Power Purchase Agreements for Solar Projects Worth $665m

​Saudi Arabia has awarded contracts for two new solar projects with a combined capacity of one gigawatt as the kingdom continues to add renewable energy to its…

Electric Car

Electric Car Prices Could Go up Even as Fuel Prices Soar

As US gas prices hit record highs in the wake of Russia’s invasion of Ukraine, it seems like electric vehicles may not be a safe haven for those looking to sav…

Coal Price

Coal Use Rises, Prices Soar as War Impacts Energy Markets

The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand …

Hydrogen Project

World's Largest Green H2 Hub, Hydrogen City, to Open in Texas in 2026

Hydrogen City will eventually harness 60 gigawatts of solar and wind energy, and use it to produce over 2.5 billion kilograms (2.4 million tons) of green hydrog…

Carbon Emissions

Global Energy-Related Carbon Emissions Reach Highest Level Yet in 2021, IEA Says

Coal accounted for 40% of the carbon dioxide emissions last year.

SINOPEC

Saudi Aramco Signs Agreement with China’s Sinopec for Potential Downstream Collaboration

World’s largest oil exporting company aims to expand its operations in China.