Gas

Natural Gas

Largest Natural Gas Storage Begins to Supply Gas to West-East Gas Pipeline

China's largest natural gas storage facility, the Hutubi gas storage under CNPC in Northwest China's Xinjiang Uygur Autonomous Region, began to supply gas to th…

Oil Field

BP Brings Field Offshore Angola on Stream

Oil major BP has started production at the Platina field in Block 18, which is located in the Angolan offshore, approximately 140 kilometres northeast of Luanda…

Wind Turbine

Contract Signing at WindEurope Confirms Energy Industry Commitment to Wind

A confidential owner of oil and gas platforms in the North Adriatic Concession area has contracted renewable energy consultancy Megajoule to install multiple wi…

Hydrogen Production

Nuclear Derived Hydrogen being Explored for UK Gas Grids

The introduction of nuclear derived hydrogen is being explored for UK gas networks to help support key up-coming government policy decisions on the role of hydr…

Crude Oil

Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production

Brazil’s Petrobras plans to invest $68 billion in expanding its crude oil production, a figure that represents 84 percent of its total planned investments for …

Natural Gas

Equinor Shifts Oseberg Output Focus Towards Gas

Norwegian state-controlled Equinor has submitted plans to develop the Oseberg field to become a "substantial gas producer", having been primarily an oil field.

Coal Price

NE Asia Coal Prices Jump on Fiercer Competition

A cold snap across the northern hemisphere and fiercer inter-basin competition for fuel amid a decline in Russian natural gas deliveries to Europe supported coa…

Crude Oil

Brent Price Slides Amid Covid Concerns Ahead of Key Opec+ Meeting Next Week

Futures in London slid towards $80 a barrel as crude was swept up in a wave of caution across global markets

China

China Adviser Says Energy Crisis Won’t Stall Climate Action

Forthcoming 2025 energy blueprint seen prioritizing renewables

Hydrogen Fuel Cell

Scientists Develop New Hydrogen Fuel Engine that Can Power Industrial Drones

The Korea Institute of Machinery and Materials said Thursday that it has developed a 5-kilowatt hydrogen fuel engine that can power heavy lift industrial drones…

Oil Price

Goldman Says Oil Prices Already Account for a Joint SPR Release

The White House’s push for releases of oil from national reserves is already fully priced into the market following the drop in crude prices in recent weeks

Crude Oil

Opec's ECB Mulls 66mn bl SPR Release in Jan-Feb

An Opec advisory committee has been considering the possibility that as much as 66mn bl could be released from the strategic reserves of key oil-consuming count…

Oil Refinery

Reliance to Use Gasification Unit at World's Largest Refinery to Produce Hydrogen

The move follows the company's decision to transition away from fossil fuels and tap renewables as its primary source of energy

Oil Field

Daily Natural Gas Supply of Deep Sea No.1 Gas Field Hits 10 million Cubic Meters

China’s first self-operated deep-water gas field exploration facility, Deep Sea No.1 built by China National Offshore Oil Corp in the South China Sea, is alrea…

Crude Oil

Barclays Lifts Brent Oil Price Forecast To $80 In 2022

Brent Crude prices are set to average $80 a barrel in 2022, Barclays said on Tuesday, raising its forecast by $3 as it expects slower supply growth next year an…