Gas

Angola

GECF Shines the Spotlight on Angola's Potential at Angola Oil and Gas 2021

The Gas Exporting Countries Forum, the global platform of the leading gas producing countries, participated in the 2nd edition of the Angola Oil and Gas Confere…

Power Cable

Equinor Hands DeepOcean Cable Repair Contract

Equinor has awarded DeepOcean a frame agreement contract for provision of contingency equipment and services for handling of high voltage subsea cables in both …

Hydrogen Fuel Cell

Chile Kickstarts Construction of Largest e-Fuel Project in LatAm

Chile on Friday commenced in its southern region of Magallanes the construction of the largest project in Latin America to produce synthetic gasoline from green…

Crude Oil

US Gulf operators restore 70pc of Ida-halted oil output

US Gulf of Mexico offshore producers have brought back about 70pc of the oil output that was halted due to Hurricane Ida.

Brazil

Brazil Clears GNA's LNG Powerplant to Start up

Brazilian regulators cleared an LNG-fired powerplant owned by Brazil's gas and power group Gás Natural Açu to start generating power on 16 September.

Energy-Eficient Building

Connecticut Losing Ground on Building Emissions Despite Efficiency Programs

Climate activists say the state’s progress on reducing building emissions has been far too slow given the pace of the climate crisis, and that it needs to end …

Market Analysis

IEA Cuts Forecast for India's 2021 Oil Product Demand

The IEA has lowered its 2021 oil products demand growth estimates for India, with notable cuts to its forecasts for diesel and jet fuel consumption.

Crude Oil

Brent Nears $74 Amid Slow Return of US Oil Output

Brent crude neared $74 per barrel on Monday as it gained 31 cents or 0.42 cents to trade at $73.82 per barrel at the market, while the US West Texas Intermediat…

Energy Investment

Algeria Aims for $2.6 billion Increase in Energy Investment Next Year

OPEC member Algeria plans to increase investment in its oil and gas sector by $2.6 billion next year to boost production by 8.9 million tonnes of oil equivalent

Oil Pipeline

Germany has Four Months to Certify Nord Stream 2 Pipeline

Russian gas group Gazprom last week said it had finished construction of the pipeline to Germany, which could allow Russia to double gas exports to Europe via t…

LNG

China's Sinopec Completes Its First LNG Bunkering Operation

The bunkering, or marine refuelling, operation transferred 250 tonnes of LNG by truck to a China Merchant Shipping vessel

Natural Gas

U.S. Gas Production Set for Big Increase in 2022 on High Prices

As a result, futures prices for deliveries at Louisiana's Henry Hub in January 2023 are currently trading around $1.15 per million British thermal units below p…

LNG

Petrobras Signs Landmark Gas Supply Deal with Gerdau

Brazil's state-controlled Petrobras signed a natural gas supply agreement with steel producer Gerdau in a debut of its more flexible pricing model designed to c…

Crude Oil

Opec Lifts Oil Demand Forecast for 2022

Opec has increased its global oil demand forecast for 2022 by almost 1mn b/d, taking it back above 100mn b/d, even though there was some disquiet about this at …

LNG

Samsung Heavy Industries Highly Likely to Win Big LNG Carrier Project from Russia

Samsung Heavy Industries is highly likely to win another big shipbuilding order from Russia.