Gas

Thermal Plant

Albioma Commissions 48 MW Bioenergy Plant in Brazil

France-based power producer Albioma announced on Dec 29 the successful commissioning its 48 MW bagasse-fired Vale do Paraná Albioma cogeneration plant, which i…

Oil & Gas Trade

Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years

Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years

Crude Oil

China’s Oil Giants Face NYSE Delisting

Chinese crude oil companies listed in New York may soon be kicked out, after the New York Stock Exchange delisted three telecoms with headquarters in China, due…

Natural Gas

Gazprom Starts Delivering TurkStream Gas to Bosnia, Serbia

Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turk…

Oil Pipeline

Azerbaijan Sends First Gas Export via TAP Pipeline

Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline.

Crude Oil

Oil Prices Touch Multi-Month Highs as OPEC+ Expected to Hold Output

Oil prices touched multi-month highs on Monday on expectations that OPEC and allied producers may cap output at current levels in February as the coronavirus pa…

Oil Pipeline

Russia to Double Natgas Volume to China in 2021 as Cold Spell Bites

The increased volume of supply was due to a new 1,110-km pipeline extension in December that starts at Changling in northeast China's Jilin and ends at Yongqing…

Net Zero Emission

Australia Aemo Models Faster Move to Net Zero Emission

The Australian Energy Market Operator (Aemo) plans to model a scenario with a transition to net zero greenhouse gas emissions in the early 2040s instead of the …

Crude Oil

Cambodia Prepares To Produce Its First Oil

As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.

Oil & Gas Trade

Egypt Signs 9 Exploration Deals Worth $1bn with Energy Companies

Awards cover exploration along the eastern and western Mediterranean as well as the Red Sea

Oil & Gas Trade

Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm

The Chinese firm will pay for a full year's worth of crude prior to loading shipments

Smart Meter

Fluvius Initiates 4.3 Million Smart Meter Rollout in Belgium

Belgian network operator Fluvius has selected three contractors to deliver 4.3 million electricity and gas smart meters by the end of 2024.

Oil & Gas Trade

New Year OPEC+ Meeting to Decide Oil Production Levels

The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.

Oil & Gas Trade

ExxonMobil and Vopak Sign MoU for South Africa’s LNG Feasibility

Affiliates of Exxon Mobil Corporation and Royal Vopak (Vopak) have signed a Memorandum of Understanding to work together on a feasibility study to assess the co…

Oil & Gas Trade

Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq

Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe.