Gas

GE and Partners Adapt Gas-Fired Plant to Run on Hydrogen

In one of the most striking signs that the hydrogen-powered generation revolution may be upon the industry sooner than later, a group will transition its combin…

Crude Oil

Russian Oil Companies Plan Significant Drilling Cuts For 2021

Russian oil producers who have already reduced their drilling activity by a third this year may cut it further by 20 percent.

Oil&Gas Drilling

West Bollsta Rig Drills Lundin’s Polmak Well

Swedish oil and gas company Lundin has spudded the Polmak well in the Barents Sea offshore Norway, using the West Bollsta semi-submersible drilling rig.

LNG

South Korea’s DSME Bags Orders for 6 LNG Carriers

South Korea’s Daewoo Shipbuilding & Marine Engineering has bagged two new orders to deliver six liquefied natural gas carriers.

LNG

Siemens Energy Scores a Deal in the Mozambique LNG Project

A joint venture between Saipem and McDermott has selected Siemens Energy to supply emissions-reducing power generation equipment and boil-off gas compressors fo…

Oil Price

OPEC+ Will Ensure Oil Prices do not Plunge Again, Says OPEC Chief

The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC's Secretary General said on Thurs…

Oil Field

Petronas Considers Exiting Gharraf Oil Field in Iraq

The collapse in oil prices this year has prompted Malaysia's state-owned Petronas to consider exiting the Gharraf oil field in southern Iraq, chief executive Te…

Thermal Plant

OUC Announces Plan to Switch Power Plant from Coal to Natural Gas

The Orlando Utilities Commission announced a plan on Wednesday to significantly reduce its use of coal in the next few years.

Oil & Gas Trade

Kazakhstan Exports 52.2 Million Tonnes of Oil in First 9 Months

For 9 months of this year, Kazakhstan produced 64.7 million tonnes of oil and condensate, which is 0.5% higher than the planned figure.

Oil Field

Tulip Oil Halves Gas Production from North Sea Field

Dutch exploration and production operator Tulip Oil halved its gas production from the Q10-A field in the Dutch North Sea during the third quarter of the year w…

LNG

Bangladesh to Increase Spot LNG Imports Because of Rising Demand

Bangladesh is expected to double its imports of liquefied natural gas from the spot market starting in December as demand rises and to capitalise on low prices …

Oil & Gas Trade

OPEC+ to Stick with Plans to Ease Output Cuts, Says Russia's Novak

Russian Energy Minister Alexander Novak on Wednesday said that the OPEC+ group of leading oil producers will start easing output curbs as planned despite a glob…

Crude Oil

IEA Says Refining Throughput Set for Quarterly Rise

Global refining throughput will increase in the last quarter of the year by more than 2 million barrels per day, the International Energy Agency said on Wednesd…

Oil & Gas Trade

China Books 12.7% Rise In Oil Imports Jan-Sept

China imported 416 million tons of crude oil during the first nine months of the year, up 12.7 percent on the year, in the latest positive sign for oil demand d…

Oil Price

Morgan Stanley Sees Oil Prices Struggling To Break Above $50

Oil prices will struggle to rise above $50 a barrel because of the technological shift in U.S. shale that has unlocked more production in recent years, and beca…