Gas

Oil Price

Hike in Petrol, Diesel Rates after Global Oil Price Jump

Accordingly, in the national capital, petrol was sold at the new record high level of Rs 84.45 from the previous days of Rs 84.20 a litre while diesel price inc…

Crude Oil

PetroChina's Overseas Oil and Gas Equity Production Exceeded 100 million tons

This is another 100 million tons after the overseas oil and gas equity production equivalent exceeded the 100 million tons mark for the first time in 2019.

Market Analysis

Coronavirus Causes Largest U.S. Greenhouse Gas Emissions Drop Since World War Two

The economic fallout from the uncontrolled spread of COVID-19 - especially in big emitting sectors like transportation, power and industry - resulted in a sharp…

Flammable Ice

China: Qingdao Made New Progress in the Field of Flammable Ice Mining

This is where Qingdao Haiti has once again made new progress in the research field of new methods of natural gas hydrate (flammable ice) mining.

Natural Gas

New Catalyst Can Make Natural Gas Burn Cleaner

Natural gas is the cleanest traditional fossil fuel source because it produces relatively low amounts of pollutants like carbon dioxide -- a potent greenhouse g…

Oil&Gas Drilling

Paradigm Drilling Services and Toolserv form Strategic Alliance

Paradigm Drilling Services, part of the Paradigm Group headquartered in Groot-Ammers, Holland, have announced their strategic alliance with Stavanger-based oil …

Crude Oil

Iran Signs 8 more Oil Projects as Part of plan to Boost Output by 355,000 b/d

The National Iranian Oil Co. on Jan. 11 signed eight more oil projects as part of a $6.2 billion national program started in January 2019 to boost oil productio…

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.