Gas

Oil Price

Oil Climbs on Drop in US Oil Stockpiles, Solid Demand Outlook

The drawdown came before the Colonial Pipeline was hit by a cyberattack last Friday which forced the pipeline, which transports more than 2.5 million barrels a …

Crude Oil

IEA Sees Oil Demand Recovery Outpacing Growth in Supply

OPEC+ producers have been curbing output since 2017 but have eased since imposing record high cuts last year, with more easing agreed from this month

Crude Oil

Sinopec Offers Refineries Sweeteners to Boost Clean Marine Fuel

The top Asian oil refiner is crediting its refineries 150 yuan for every tonne of VLSFO they produce, they said

Gas power plant

SSE Thermal And Equinor to Build Gas-Fired Plant in Scotland

SSE Thermal and Equinor have announced plans to build a 900MW gas-fired power plant with carbon capture technology at Peterhead, Scotland.

Hydrogen Project

Canada's Suncor and ATCO to Develop Country's Largest Hydrogen Project in Alberta

Canada's Suncor Energy will partner with utility ATCO Ltd to develop a clean hydrogen project near Fort Saskatchewan, Alberta, in one of the most significant s…

United States

Colonial Pipeline Hack Exposes Lack of Federal Cybersecurity Oversight for U.S. Energy Industry

The temporary shutdown of Colonial's pipeline follows warnings by U.S. officials in recent months of the danger of cyberattacks against privately held infrastru…

Market Analysis

Potential and Benefits of Blue Ammonia As a Clean Fuel of the Future

According to the latest edition of the GECF Global Gas Outlook 2050, the demand for natural gas is expected to increase by 50% from 3,950 billion cubic metres i…

Crude Oil

U.S. Main Fuel Pipeline Operator Aims to Restore Operation This Week After Cyber Attack

The operator of a main U.S. fuel pipeline declared on Monday its goal of restoring operational service by the end of the week after all pipeline operations temp…

Oil Field

Keppel Snatches Contract to Build FPSO for World’s Largest Deepwater Oil Field

Brazilian oil and gas giant Petrobras has signed a $2.3 billion worth contract with Keppel Shipyard to build the P-78 FPSO, the seventh unit to be installed in …

Energy Subsidies

Dutch Govt Grants $2.4 billion in Subsidies to Huge Carbon Storage Project

Shell and Exxon requested the subsidies in January together with industrial gas suppliers Air Liquide and Air Products

Oil Field

Fire Erupts at Kuwait's Largest Oil Field; Two Injured

The injured workers were in stable condition and receiving treatment at a nearby hospital.

LNG

MIC Approves $2.5bn Investment for Myanmar Power Plant

MIC announced the investment at a meeting chaired by State Administration Council member and MIC chairman, Lieutenant–General Moe Myint Tun, along with other m…

Hydrogen Project

Gascoyne Hydrogen Project Build Kicks Off

Construction has begun on Horizon Power’s hydrogen project in the Gascoyne town of Denham, Western Australia, Australia’s first renewable hydrogen energy plan…

Oil & Gas Trade

Yemen Takes First Batch of Saudi Oil Products at Aden

The first shipment of Saudi oil products exported to Yemen as part of a grant agreed with the internationally recognized government there arrived at the Yemeni …

Natural Gas

Sinopec finds abundant flows in Xinjiang oil, gas wells

Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X wel…