Gas

Natural Gas

Enagás Buys Stake in UK-Netherlands Subsea Gas Pipeline Operator

Spanish energy company Enagás has reached an agreement with Germany’s Uniper to acquire a 20% stake in the Dutch BBL Company, an owner of a 235-kilometre subs…

Electricity Trade

Drop in Power Price Predictions up to 2030 but Prices to Remain Above Pre-2021 Levels for Next Decade

New data from Cornwall Insight has shown a drop in our predictions for power prices up to 2030 as Europe secures alternative energy supplies, compensating for r…

Qatar

Russian Gas Will Eventually Return to Europe as Nations ‘Forgive and Forget,’ Qatari Energy Minister Says

On Friday, Russian energy supplier Gazprom said it would not resume its supply of natural gas to Germany through the key Nord Stream 1 pipeline, blaming a malfu…

Hydrogen Fuel Cell Vehicle

Rolls Royce Runs Gas Engine on 100% Hydrogen

Rolls-Royce Power System says it has successfully run a gas engine on 100% hydrogen fuel.The tests were carried out using a 12-cylinder gas variant of the mtu S…

Energy Security

Quick Fix Completed at Gas Pipeline Incident Site in Lithuania

Lithuania’s gas pipeline operator Amber Grid has completed remedial work on the gas trunk line that caught fire on Friday afternoon, with images of flames…

Crude Oil

Keppel Offshore & Marine Former Senior Managers Escape Prosecution for Bribery Scandal

Six former senior officials of Singapore’s Keppel Offshore & Marine have escaped prosecution on corruption charges relating to Brazil’s Operation Ca…

Oil&Gas Drilling

New Year Sees Rousing Start to Offshore Drilling Market

NEW YORK CITY – Offshore drilling contractors have had a great start to 2023, as they have kicked off the new year with 26 rig contracts (17 jackups, 9 fl…

Oil Price

Oil Prices Expected to Average Around $90 in 2023-2027

LONDON: Brent oil prices are expected to remain around $90 per barrel throughout the next five years, according to eighth annual survey of energy market profess…

Oil Refinery

Fire Breaks Out at Pdv’s Cardon Refinery

A fire broke out today in the fluid catalytic cracking unit at Venezuela's Cardon refinery, the second major blaze at the site since late December.Operator …

Electric Car

MIT Study Finds Computational Load for Widespread Autonomous Driving Could Be a Huge Driver of Global Carbon Emissions

In the future, the energy needed to run the powerful computers on board a global fleet of autonomous vehicles could generate as many greenhouse gas emissions as…

Natural Gas

Natural Gas Is Not a Transition Fuel, It Is a Destination Fuel – Qatar Energy Minister

H.E. Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President of QatarEnergy has said that natural gas is not a transition fuel a…

Net Zero Emission

Energy Industry Lies at the Core of Making Net Zero Possible

The Mahani field in Sharjah. For more than 150 years, the oil and gas industry has continued to innovate. Photo: Sharjah Government Media BureauWe have pledged …

Oil Price

Release of Us Oil Reserves Addresses ‘Underlying Crisis’ and Not Higher Prices, Envoy Says

US energy envoy Amos Hochstein says the country will continue to use its strategic reserves to help resolve crises. Antonie Robertson / The NationalThe US relea…

Oil & Gas Trade

Greek Firms Start Construction of 840 MW Gas Plant in Alexandroupolis, Target Balkans for Power Exports

A consortium consisting of Public Power Corp. (PPC), DEPA Commercial and Damco Energy marked the start of works on a gas-fired power plant in Alexandroupolis in…

Energy Security

Lithuania-Latvia Gas Pipeline Hit by Explosion, Operator Says

A gas pipeline connecting Lithuania and Latvia, like the one seen here, has been hit by an explosion. Reuters.A gas pipeline connecting Lithuania and Latvia was…