Gas

Crude Oil

India Raises Windfall Tax on Crude Oil

India has raised a windfall tax on crude oil to 10,200 Indian rupees ($125.22) per tonne from 9,500 rupees per tonne, a government order said on Wednesday.

Net Zero Emission

COP27: France, Spain Latest to Pledge Halt to Gasoline-Driven Vehicle Sales

France and Spain on Thursday joined a pledge to stop sales of gasoline-driven vehicles by 2035, five years earlier than previously planned, part of efforts to a…

Gas Turbine

GE Runs Gas Turbine on Hydrogen Blend at Sharm El Sheikh Plant

Egypt’s Sharm El Sheikh power plant has successfully operated a GE LM6000 aeroderivative gas turbine on hydrogen–natural gas blended fuel.

Hydrogen Production

Inpex to Trial Blue Hydrogen and Ammonia Production in Japan

Japan's biggest oil and gas explorer, Inpex Corp, said on Tuesday it will build facilities to produce hydrogen and ammonia using its domestically produced natur…

Net Zero Emission

Turkey Raises Greenhouse Gas Emission Reduction Target for 2030

Turkey will aim to bring its greenhouse gas emissions 41% below business-as-usual levels by 2030, raising the target from 21%, Environment Minister Murat Kurum …

Crude Oil

Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA

Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …

Gas Turbine

Germany’s Gas Turbine Capacity Expansion Moving Too Slow

Germany is behind in its plan to expand its gas turbine capacity to 30 GW by 2030—the amount needed to stabilize its electricity distribution networks, accordi…

LNG

First Liquefied Natural Gas Exported From Mozambique

British energy giant bp is buying 100% of the output from the Coral Sul Floating LNG facility.

Natural Gas

Vietnam Leads Gas Expansion Plans in Southeast Asia: Report

A total of 56GW is either in pre-construction or construction stages.

Nord Stream 2

Potential Climatic Impact of Nord Stream Methane Leaks

Nord Stream 1 and 2 were both intentionally destroyed on September 26th, 2022. Enormous amounts of gases, mainly methane, were discharged into the ocean and eve…

Hydrogen Production

Producing Hydrogen by Catalytic Pyrolysis of Biogas

As far as the Paris Agreement is concerned, carbon capture and storage are known to be essential if the world is to have any chance at attaining the target of 1…

Floating Offshore Wind

Equinor Starts Production at Norwegian Floating Wind Farm

The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started produ…

Natural Gas

‘Vaccination-Style’ Intervention Needed to Solve Energy Crisis, UK Energy Boss Says

The average U.K. household faces paying a £2,500 ($2,900) annual bill for the next two years, up from £1,400 in October 2021.

Natural Gas

German Govt Postpones Decision on Gas Price Brake

The German government is postponing its decision on a gas and electricity price brake that had been planned for Friday, said a government spokesperson.

OPEC

OPEC Cuts Oil Demand Growth Forecast Again as Economic Challenges Mount

OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year's figure, citing mounting economic …