Gas

Oil Price

Oil Price Slides Towards July Low as US Output Rises for Second Week

The price of oil slips to a fresh weekly low despite a larger-than-expected decline in US inventories, with crude on the cusp of taking out the July low as US p…

Hydrogen Project

Toshiba Supporting Japan’s Hydrogen Targets

Toshiba is supporting the Japanese Government’s hydrogen targets, outlined in its Basic Hydrogen Strategy for 2030 and 2050 by producing hydrogen in its Fukush…

Oil Price

Oil Prices Set For Longest Losing Streak Since March

After tentatively rising in Asian trade, oil prices reversed course and fell on Tuesday morning, poised for a fourth consecutive day of losses, which would be t…

Crude Oil

World’s Biggest Miner BHP Quits Oil In Megadeal With Woodside

BHP is offloading its oil and gas assets in an all-stock merger of its petroleum division with Woodside, which will create one of the world’s top ten independe…

Hydrogen Project

Chile Breaks Ground on Green H2 Pilot Project

Chile's Highly Innovative Fuels consortium has broken ground on a $45mn green hydrogen pilot project to produce methanol and carbon-neutral gasoline and LPG.

LNG

Australia Faces "Precarious" Gas Supply in 2022, Watchdog Warns

The report paints a more dire picture than the Australian Energy Market Operator gave in March, when it said plans by billionaire Andrew Forrest to have an LNG …

Oil & Gas Trade

India's Petronet Aims to Extend Long-Term LNG Buy Deal with Qatar

Petronet has a deal to buy 7.5 million tonnes per year of LNG from Qatar under a long-term deal expiring in 2028

Nuclear Equipment

Turbine Tests Completed at China's HTR-PM

Testing of the steam turbine using non-nuclear steam has been completed at the demonstration high-temperature gas-cooled reactor plant at Shidaowan

Crude Oil

EXCLUSIVE Brazil's Lower-Carbon Oil Projects can Lure Majors, Lift Sales -Official

Rising calls to cut carbon emissions and to reduce global warming could generate more offshore partnerships and increase the output of cleaner oil for Brazil

Oil Field

Islamic State Attacks Iraqi Oil Field

An attack with an explosive device on an oil field in the northern Iraqi region of Kirkuk was blamed on Islamic State militants

Energy Technology

Carbon Capture Tech Becoming Cost-Effective As Emissions Price Soars

Skyrocketing carbon prices and a “code red” warning about the threat posed by climate change are giving fresh momentum to a technology that captures and remov…

Crude Oil

Iran Oil Output Falls To 40-year Low In 2020

Iran’s crude oil production fell to the lowest in 40 years, according to an updated analysis by the U.S. Energy Information Administration.

Crude Oil

First New Oil Sands Pipeline in Years may Start Exports to U.S. Next Month

A key pipeline linking Canada’s oil sands to U.S. markets could start shipping crude as early as next month.

Energy Investment

Banpu To Buy Texas Power Plant For $430 Million As Thai Energy Firm Steps Up Green Investments

Banpu—controlled by billionaire Isara Vongkusolkit—has agreed to buy a combined cycle gas-fired power plant for $430 million in Texas as the Bangkok-based coa…

United Kingdom

Scotland’s First Minister Calls on UK to “Reconsider” Oil and Gas Permits

Scotland’s First Minister Nicola Sturgeon called on the UK government to reconsider oil and gas licenses, just days after a United Nations panel warned of dire…