Gas

OPEC

OPEC+ Misses Production Target by Whopping 2.7 Million Bpd

All 13 members of OPEC saw their production rise by just 153,000 barrels per day.

Energy Transition

Circular Economies: A Pathway to the Green New World

Amidst a global energy transition, the financial and social outlook of oil and gas companies is undergoing an extraordinary transformation. One of the key metho…

Geothermal Power Plant

US DOE Aims to Provide $13 Million for Community Geothermal Projects

Heating and cooling represent significant energy needs for American homes and businesses, and contribute to greenhouse gas emissions through the direct use of f…

Crude Oil

China's Shenghong Resumes Crude Buying Ahead of Refinery Commissioning

China's private refining complex Shenghong Petrochemical has resumed crude oil purchases ahead of the commissioning of its new refinery, sources with knowledge …

Nuclear Reactor

US High Temperature Gas Reactors to be Deployed in the UK

US nuclear reactor design company X-energy has signed an Memorandum of Understanding (MoU) with nuclear engineering firm Cavendish Nuclear to act as its deploym…

Natural Gas

European decarbonisation and Fuel Independence From Russia ‘Impossible Without Energy Storage’

The European Union has no choice but to develop a coherent strategy on energy storage if it is to achieve its decarbonisation goals and end its dependency on Ru…

Natural Gas

Mozambique’s First Offshore Natural Gas Extraction Project is Underway

Sarens has announced its involvement in a natural gas extraction project in Mozambique which, once inaugurated in mid-2022, will be one of the largest in the wo…

Electric Car

PG&E to Launch Multi-Use Case Bidirectional EV Pilots

Pacific Gas and Electric (PG&E) has announced it will develop three pilot programmes to test how bidirectional electric vehicles (EVs) and chargers can provide …

Offshore Wind Power

Vena Energy Forms Consortium to Develop Offshore Wind Project

The consortium was formed with Shikoku Electric Power Co., Inc. and Toho Gas Co., Ltd.

Gastech Exhibition & Conference

The global energy landscape is changing - join us at Gastech Milan 2022:Gastech 2022 is the first major event on the energy calendar this year for governments a…

Energy Transition

Insurance Giant Allianz Sets Oil and Gas Exit Strategy

The world’s fifth-largest insurance company, Allianz, is withdrawing coverage and investment dollars from a wide swath of fossil fuel projects as of next year.…

Oil Field

Norway’s Equinor Sells Shares in Two North Sea Fields for over $1 Billion

Norwegian state-owned giant Equinor and its compatriot Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in two North Sea…

Crude Oil

Opec to Attend Iraq Energy Forum in June

Opec said it will participate in the sixth Iraq Energy Forum in Baghdad from June 18-20.

Oil Price

Equinor Sells Stakes in 2 Norway Fields to Sval Energi

Norwegian oil major Equinor said on Tuesday it had agreed to sell its 7.6% stake in Norway's giant Ekofisk field as well as a 19% stake in the Martin Linge fiel…

CCS

Could CCUS Play into New Emission Rules for Gas-Fired Plants?

The Environmental Protection Agency (EPA) is expected to propose updated carbon emission regulations for gas-fired plants in 2022, per comments from EPA head Mi…