Gas

Oil Price

Rising Diesel Prices Set New Record

Diesel prices soared to a record on Friday while petrol prices rose to their highest in 19 months after state oil companies increased rates for the thirteenth t…

Oil&Gas Drilling

Norway Offers 36 Oil Exploration Blocks in Already Opened Areas

Energy companies can apply to explore for oil and gas in 36 new exploration blocks off Norway, the country's oil and energy ministry said on Friday.

Oil Field

Triangle Shuts in Production from Two Cliff Head Wells

Australia-based oil producer Triangle Energy has shut-in production from two wells on its Cliff Head oil field located offshore Australia.

Wintershall Noordzee Starts Gas Production from Second Sillimanite Well

Wintershall Noordzee, a joint venture of Wintershall Dea and Gazprom, has started gas production from its second B2 production well at the Sillimanite field off…

Combined Heat and Power

Vinex Etil Inaugurates 2.2 MW Biogas CHP Plant Near Zrenjanin

The company Vinex Etil has put into operation a combined heat and power (CHP) plant on biogas in the village of Lukićevo near Zrenjanin in Vojvodina.The compan…

Crude Oil

OPEC Changed its Forecast for Oil Production in Azerbaijan

OPEC reported in June that it predicted azerbaijan would reduce its output by an average of 70,000 barrels a day to 720,000 b/d in 2020, compared with 700,000 b…

Energy Technology

ReCarbon and Utilitas Partner on Hydrogen Production

ReCarbon has signed a memorandum of understanding with Utilitas Group, Australia's leading bioenergy developer, to build biogas hydrogen plants across Australia…

Crude Oil

U.S. Oil Dominance is Coming to an End

The U.S. tight oil or shale rig count has fallen 69% this year from 539 in mid-March to 165 last week.

Power Construction

Siemens to Modernize the HVDC Link Between Northern Ireland and Scotland

Siemens Gas and Power has been awarded the project to refurbish the Moyle Interconnector.

Coal Production

The U.S. Coal Industry is Declining Irreversibly

The rising share of electricity generated by natural gas and renewable sources is eroding coal's share.

Oil & Gas Trade

Venezuelan Oil Production Sinks to Lowest Output in 77 Years

Crisis-wracked Venezuela's relentless fall in oil production sunk to a new low in May, according to OPEC figures, a milestone in a decade of decline for the onc…

Gas power plant

ADB Finances Construction of Gas-Fired Power Plant in Afghanistan

The Asian Development Bank has signed an agreement to provide a loan to the Afghan Power Plant Company for the Mazar gas-fired power plant in Afghanistan.

Oil & Gas Trade

OPEC to Host Technical Workshop for 60th Anniversary

The Organization of Petroleum Exporting Countries will host a special technical workshop titled OPEC at 60 to commemorate the foundation of its 60th anniversary…

Oil&Gas Drilling

Equinor Approved to Use Transocean Norge for Exploration Drilling in the Norwegian Sea

The Norwegian oil safety authority has agreed to allow Equinor to use TransoceanNorge to plug and drill the 6407/1-a-3bh /CH well.

Africa Energy

Nigeria Plans to Tender 57 Marginal Oil Fields

The Nigerian Ministry of Petroleum Resources has announced that it will open a new round of bidding for oilfield development this year, involving 57 marginal oi…