Gas

Crude Oil

U.S. Oil Production On Course To Hit Record Levels In 2023

U.S. oil production fell sharply in 2020, but the Energy Information Administration is expecting it to pick back up and even set new records in just two years, …

Gas turbine engine

EGA, Mubadala and Dubal Holding Fire up Siemens Gas Turbine at Jebel Ali Power Plant

New power block at EGA in Jebel Ali is under development by JA Power & Water Company, a joint venture between Mubadala and Dubal Holding

LNG

Russia's Rosneft Looks to Arctic to Ramp up LNG Output

The projects were considered as part of its LNG strategy at a meeting chaired by Deputy Prime Minister Alexander Novak last month

Oil & Gas Trade

Nigeria's Crude Oil Exports Hit Three-Year Low

West Africa's oil exports slumped to the lowest level in at least three years last month as infrastructure woes for some of Nigeria's biggest streams combined w…

Crude Oil

African Members’ Production Troubles Offset OPEC’s Planned Increase

OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations.

Crude Oil

OPEC+ Now Sees Weaker Oil Demand Growth For 2021

OPEC+ expects global oil demand to rise by 5.6 million barrels per day this year—lower estimated growth than OPEC’s assessment of 5.9-million-bpd demand incre…

Oil & Gas Trade

Petrobras Opens 2021 with Record Oil Exports

Brazil's state-controlled Petrobras says crude exports through its Angra dos Reis terminal reached a record 19.3mn bl in January, the extension of an upward tre…

United Kingdom

BP Profit Sinks As Epidemic Pummels Demand

On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sha…

Hydrogen Project

Plans Confirmed for Britain’s First Hydrogen Town

Britain’s gas grid companies have set out plans to deliver the country’s first hydrogen town by 2030 and full transition by 2050.

Gas turbine engine

Wärtsilä and China Huaneng to Develop Sustainable Power Generation

Finnish technology group Wärtsilä and a China Huaneng Group subsidiary have agreed to work together on renewable development.

Gas power plant

Siemens, BP and Prumo Transfer Brazil LNG Projects Stake to SPIC

SPIC Brasil has acquired a 33% stake in two LNG-to-power projects from Siemens, BP and Brazilian company Prumo.

Coal-Fired Power Plants

China Huadian Corp’s Junliangcheng Gas-Fired Plant Begins Operations

Commercial operations have started at the Junliangcheng Nuclear Power Plant, owned by China Huadian Corp.

Wet Limestone Based Flue Gas Desulphurisation System

Wet Limestone Based Flue Gas Desulphurisation System and Auxiliaries for 600 MW Coal Based Thermal Power Plant at Haldia

Crude Oil

Iraq Raises Crude Oil Exports In January

Iraq’s oil exports increased slightly in January 2021 compared to December 2020, data from the country’s oil ministry showed on Monday, suggesting that Iraq i…

Crude Oil

Belarus to Raise Export Duties on Oil

Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…