Gas

Crude Oil

Almost Half of South Africa’s Oil Refining Seen Shut Until 2022

South African plants owned by Glencore and Petroliam Nasional that make up 43% of the nation’s oil-refining capacity are expected to stay shut until at least 2…

Oil & Gas Trade

Iran: Foreign Oil Firms Must Accept New Terms To Work In Country

Foreign energy firms and contractors have to accept Iran’s new terms and conditions if they return to work in the country, Iran’s Oil Minister Bijan Zanganeh …

United Kingdom

UK, EU Working Out Details of Energy Co-Operation

UK gas and electricity transmission system operators need to decide on new working arrangements with EU bodies following the UK's exit from the EU.

Crude Oil

OPEC Crude Output Cuts Should Help U.S. Shale Profits in 2021

U.S. crude oil production has fallen 2 million barrels per day in the last year as low prices and demand forced shale producers to cut their losses

Gas turbine engine

Ansaldo to Supply Gas Turbine for Polish Cogeneration Plant

Italian power manufacturing firm Ansaldo Energia will supply and maintain a natural gas-fired turbine for a Polish industrial power plant.

Oil & Gas Trade

China Trade War on Itself Sends LNG Prices Mad

Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…

Oil Price

How Will Biden’s Presidency Impact South America’s Oil Boom?

Much has been made of President-elect Joe Biden’s energy policies and the negative impact they will have on the U.S. oil industry, which is laboring to survive…

Wind Farm

Nordex Secures Turbine Contract from WPD for Finland Wind Farm

Nordex has secured a contract from German wind and solar developer WPD to supply wind turbines for the 188MW ‘Karhunnevankangas’ project in Finland.

Nuclear Power Plant

The World's First Batch of HTGR Nuclear Fuel Elements is Shipped

To provide fuel power for its subsequent grid-connected power generation, providing strong support for China to move from a “nuclear power” to a “nuclear pow…

Crude Oil

Floating Oil Storage Shrinks Amid Robust Asian Demand

Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in orde…

Crude Oil

Petrobras Sets Oil Production Record in 2020

Robust Chinese demand for pre-salt crude buoyed Brazil' state-controlled Petobras in 2020, helping spur record output of 2.28mn b/d of oil.

Oil Pipeline

China Gas Pipeline in Northern Guangdong Begins Operations

China Petroleum & Chemical Corp, or Sinopec, said a 238-kilometre natural gas pipeline in the northern part of China's southern province Guangdong has started o…

Crude Oil

Japan Imported 19 million Barrels of Crude Oil from the UAE in November

Japan imported 19 million barrels of crude oil from the UAE in November 2020, accounting for 27.5 percent of Japan's total crude oil imports that month.

Wind Power Project

Wpd Orders 5.7MW Nordex Turbines for Large Finnish Wind Farm

Wpd places 188MW order in Finland with the Nordex Group for turbines to supply electricity to paper company UPM through a corporate PPA

Oil & Gas Supply

Belarus Secures Russian Oil and Gas Supplies for 2021

The details of the bilateral deal, however, do not appear to reflect any sort of compromise by both sides.