Gas

LNG

ExxonMobil not to Set up LNG Terminal in Pakistan

ExxonMobil, the US-based multinational oil and gas corporation, has decided not to continue with its plans to set up an LNG terminal in Pakistan, as the company…

Crude Oil

China Starts Building $20 billion Mega Petchem Complex in Shandong Oil Hub

China started this week building a mega petrochemical and refining complex in east China’s Shandong province, four months after the $20 billion project receive…

Oil & Gas Trade

Turkey's Gas Imports up 6.5% in August 2020

Total natural gas consumption in August grows 19.5% year-over-year.

Oil Field

BP Starts Gas Production from Qattameya Field, Offshore Egypt

BP has announced the start of gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.…

Oil Price

Oil Plunges To $35 As Lockdowns Return

Oil prices extended their 5-percent slump from Wednesday into Thursday morning, plunging by another 5 percent, with WTI Crude sliding to $35 a barrel.

Crude Oil

OPEC Members Rebel Over Production Cut Extension

Iraq, the United Arab Emirates, and Kuwait - the biggest OPEC producers behind Saudi Arabia – are reportedly not particularly inclined to support a rollover of…

South Africa

Eskom’s Kusile Unit 2 Achieves Full Commercial Operation

South Africa’s power utility, Eskom, announced that Unit 2 at the Kusile Power Station has attained commercial operation status.

Oil&Gas Drilling

Equinor in Two Oil Discoveries Offshore Canada

Norwegian oil and gas company Equinor has made two oil discoveries offshore Newfoundland, Canada.

Gas turbine engine

Doosan Škoda Upgrades Steam Turbine at Swedish Biomass Plant

Doosan Škoda engineers and site operators teamed up to overhaul the DST-G20 steam turbine at a Swedish biomass power plant.

Carbon Neutral

Japan’s Carbon-Neutrality Pledge a Fundamental Shift on Coal Power

Japan, an island nation that is currently heavily reliant on coal and gas power, will be carbon neutral in 2040, the country’s newly appointed prime minister Y…

Oil&Gas Drilling

Neptune Energy Makes Small Oil Discovery off Norway

The discovery is estimated to hold between 0.5 and 3.2 million cubic metres (mcm) of recoverable oil equivalents, NPD said in a statement.

Oil&Gas Drilling

Total Boasts Second ‘Significant Discovery’ Offshore South Africa

French oil major Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometres …

Oil & Gas Trade

Russia’s Crude Oil Exports Drop 8% In January-August

Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August.

Oil & Gas Trade

China Launches Construction Of Huge $20 Billion Refinery Complex

China has launched the construction of a refinery and petrochemical complex worth US$20 billion in the Shandong province, the home of the independent Chinese re…

Energy Technology

Trump Makes Final Push To Defend Fracking

To that, Trump said, “That’s a big statement.”