Gas

Oil Field
Bohai Bay Offshore Oil Fields Mark Power Milestone
The country's first project to power the Bohai Bay offshore oil fields from shore kicked off operation on Thursday.
Oil Price
Oil Price Hits Highest in Almost Three Years As Supply Tightens
Brent futures rose 84 cents, or 1.1%, to settle at $78.09 a barrel, while U.S. West Texas Intermediate crude rose 68 cents, or 0.9%, to settle at $73.98.
Oil & Gas Supply
Norway's August Oil Output Beats Forecast, Gas Lags
Norway's oil production beat official expectations in August, while its natural gas output lagged, preliminary data from the Norwegian Petroleum Directorate sho…
Oil Price
Demand Recovery Leaves $100/bl Oil on Track
Global commodity trading firm Trafigura is maintaining its forecast for oil prices to potentially hit $100/bl late next year, despite the risk of short-term Cov…
Hydrogen Storage
Gasunie Gas Pipeline Operator Testing Hydrogen Storage
The Dutch company has converted a section of a salt cavern storage facility for the purpose.
Crude Oil
Goldman Sachs: Here’s How Oil Prices Could Reach $90 This Winter
Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on W…
United Kingdom
UK Power Sector Could See Tidal Wave Of Bankruptcies
More UK energy suppliers are set to go bust as soaring gas prices are putting an unprecedented cost burden on smaller electricity and gas providers, the head of…
Oil & Gas Trade
India's Oil Imports Rose to 4-month High in August
Indian refiners mostly buy oil about two months ahead of processing.
Hydrogen Project
UAE to Become Major Player in Blue Hydrogen Market
Opec's third-largest producer on target to achieve self-sufficiency in gas
Oil & Gas Supply
OPEC+ Boosts Compliance With Oil Production Cuts To 116%
The OPEC+ group of producers raised their compliance with the ongoing collective production cuts to 116 percent in August, up from 109 percent compliance in Jul…
Oil Price
Oil Rebounds On Tight Global Energy Supply
Oil prices rose early on Tuesday, halting two consecutive days of losses as the global natural gas crunch has the market evaluating the potential of higher dema…
Crude Oil
Nigeria Hopeful Opec+ will Grant Baseline Change
Nigeria remains hopeful that the Opec+ group will grant its latest request to raise the baseline from which its crude output quotas are calculated, despite prev…
Hydrogen Project
KOGAS Signs MOU with GGGI for Cooperation in Green Hydrogen Business
On hand at the event at GGGI Headquarters in Seoul were Yang Jin-yeol, head of the Hydrogen Business Division of KOGAS and Frank Rijsberman, secretary-general o…
Oil Field
Sinopec Gas Field Announces Big Production Numbers
As the world's first large gas field with buried depth of more than 7,000 meters and a high-sulfur content reef, the gas field is ultra-deep, high temperature, …
Oil & Gas Trade
China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says
Natural gas will become China's top fossil fuel resource around 2050

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Gas

Bohai Bay Offshore Oil Fields Mark Power Milestone

Oil Price Hits Highest in Almost Three Years As Supply Tightens

Norway's August Oil Output Beats Forecast, Gas Lags

Demand Recovery Leaves $100/bl Oil on Track

Gasunie Gas Pipeline Operator Testing Hydrogen Storage

Goldman Sachs: Here’s How Oil Prices Could Reach $90 This Winter

UK Power Sector Could See Tidal Wave Of Bankruptcies

India's Oil Imports Rose to 4-month High in August

UAE to Become Major Player in Blue Hydrogen Market

OPEC+ Boosts Compliance With Oil Production Cuts To 116%

Oil Rebounds On Tight Global Energy Supply

Nigeria Hopeful Opec+ will Grant Baseline Change

KOGAS Signs MOU with GGGI for Cooperation in Green Hydrogen Business

Sinopec Gas Field Announces Big Production Numbers

China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says