Gas

Energy Storage Battery

Vard Electro to Deliver First Multi-mode Battery Technology Vessel for Canadian Oil and Gas

Vard Electro has been awarded a contract for an innovative hybrid battery power system with Atlantic Towing to be integrated on their vessel Atlantic Shrike.

Oil Price

Oil Falls Slightly Despite Crude Draw

The American Petroleum Institute on Tuesday reported a draw in crude oil inventories of 4.079 million barrels for the week ending July 9, bringing the total 202…

OPEC

OPEC+ Deadlock is Bad News for Oil Producers and Consumers, IEA Warns

The International Energy Agency on Tuesday warned that world oil markets are likely to remain volatile following a breakdown in talks between OPEC members and t…

LNG

Gas Import Options Expanding for China

China is poised to become the top global liquefied natural gas importer this year, bypassing current leader Japan

Oil & Gas Trade

Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies

Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market.

Oil&Gas Drilling

U.S. Drilling Approvals Increase Despite Biden Climate Pledge

The Interior Department approved about 2,500 permits to drill on public and tribal lands in the first six months of the year

Oil Pipeline

Nord Stream 2 Targets August for Completion of Baltic Pipelay Work

Eponymous project's operator assures the pipeline will be fully certified and ready to pump Russian gas to Germany before end of year

Coal Mine

Gautam Adani Boosting Fossil Fuel Footprint Despite Pledge to Turn Carbon Neutral

The Adani Group is doubling its coal-fired power capacity to 24 gigawatts, plans to own, develop or operate coal mines with a combined capacity of 132 million t…

Japan

Japan to Remain Committed to Oil and Gas Development Projects

Japan will remain committed to upstream oil and gas developments and plans to boost its ratio of equity oil and gas as it expects the fuels to play a key role i…

Hydrogen Project

UAE’s ADNOC to Explore Hydrogen and Blue Ammonia with Japanese Groups

Abu Dhabi National Oil Company is set to explore the commercial opportunities for hydrogen and blue ammonia in collaboration with Japanese companies Inpex, Jera…

Angola

Angola Kicks Oil Privatization Into Overdrive

Angola is seeking buyers for state insurer ENSA as part of a privatization drive that also includes the partial sale of state oil major Sonangol.

Crude Oil

Brazil Plans To Be 5th-Largest Crude Exporter By 2030

Brazil’s expected oil output surge this decade will make it the world’s fifth-largest crude exporter in 2030, Brazilian Mines and Energy Minister Bento Albuqu…

Net Zero Emission

UK Can Meet 2050 Net-Zero Goal

Three out of four scenarios in the National Grid ESO's Future Energy Scenarios report meet the target

Energy Investment

Eni to Buy 315-MW Wind Portfolio in Italy

Italian oil and gas group Eni SpA will fully acquire a 315-MW operational wind portfolio in Italy from UK fund manager Glennmont Partners and Dutch pension fund…

LNG

Baidyanath to Start Country’s First Commercial LNG Filling Station

Makers of Ayurvedic medicines from the city, Shree Baidyanath, has diversified into liquified natural gas sale.