Gas

LNG

Petronas Partners China National Offshore Oil Corp for Cleaner Energy Solutions

Malaysia's Petroliam Nasional Bhd has signed a Memorandum of Understanding with China National Offshore Oil Corporation to pursue cleaner energy solutions throu…

Oil Exploration

Adani Welspun makes Gas Discovery of ‘Substantial Significance’ off India

Adani Welspun Exploration Ltd., a joint venture between the Adani Group and Welspun Enterprises, has made a first-ever gas discovery in the NELP-VII block locat…

Oil Field

China's New Offshore "Green Oil Field" has been Put into Operation

On the 15th, China National Offshore Oil Corporation announced that the Caofeidian 6-4 oilfield was put into operation.

Thermal Plant

Jenbacher Engines to Power German Cogeneration Plant

On-site power firm INNIO has delivered a giant Jenbacher gas engine as the first of five such gen-sets to provide power for a district heating plant in Saarbrü…

Natural Gas

Kazakh State Energy Firm to Retain Ownership of Gas Division

KazMunayGaz is the oil-exporting nation's biggest borrower on the Eurobond market, and some analysts had expressed concerns that the government's plan to hive o…

Oil Refinery

BP to Close Refinery in West Australia by 31 March

The Kwinana Refinery will be converted into an import terminal.

Oil & Gas Trade

Hyundai Oilbank to Export Gasoline to the U.S. for First Tim

Hyundai Oilbank announced on March 15 that it will export gasoline products to the United States in the second quarter of the year.

LNG

Repsol Hits Milestone with Fure Vinga LNG Bunkering

Spanish oil company Repsol has reached a milestone as it bunkered Furetank Rederi’s chemical tanker Fure Vinga at Cartagena.

Oil&Gas Drilling

Santos’ New Authority to Prospect for Gas will Benefit CQ

Natural gas continues to lead the state's COVID economic recovery with Queenslands onshore gas industry contributing $70 billion annually and the green light gi…

Crude Oil

China Ramps Up Oil Imports From Iran

China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S.

Crude Oil

Crude to $100: Trader Makes the Case for a Spike in Oil Prices

Crude oil prices are on a path to highs not seen since 2014, according to one chart analyst.

Oil Price

Oil Slides Toward $60 Ahead of OPEC+ Meeting to Boost Global Supply

Crude oil prices have weakened on Tuesday as OPEC and its allies are expected to decide how to proceed with the collective production cuts from April onwards.

Crude Oil

Iranian Crude Clogs Chinese Ports Despite US Sanctions

Congestion at one of China’s major refinery hubs was reportedly caused by soaring exports of crude from the Persian Gulf nation, which are expected to grow fur…

Oil Field

Eni Through Var Energi Announces New Oil Discovery Offshore Norway

Eni through Var Energi, jointly owned by Eni and by HitecVision (30.15%) announces a new oil discovery in production licence PL532 in the Barents Sea

Carbon Emissions

Shell's 2020 Carbon Emissions Fall on the Back of Fuel Sales Drop

Shell said in its annual report that total emissions from its oil wells to forecourt fuel sales fell to 1.38 billion tonnes of carbon dioxide equivalent last ye…