Gas

Crude Oil
U.S. Crude Output to Drop, Oil Demand to Slump by 2.2 Million Barrels Per Day in 2020
U.S. oil demand is expected to fall by about 2.2 million barrels a day in 2020.
Thermal Plant
Limejump has Added A New Gas-fired Peaking Project to UK Virtual Power Platform
Energy tech company Limejump has added a 20 MW gas-fired peaking project, owned and developed by Ylem Energy, to its virtual power plant platform in the UK.
Oil Price
Aramco Earnings Plunge By 25% As Low Oil Prices Persist
Despite the profit slump of US$6 billion in Q1, Aramco’s free cash flow was more resilient and fell to US$15 billion from US$17.4 billion in Q1 2019.
Oil & Gas Trade
Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%
Saudi Aramco reported a 25% fall in net income for the first quarter on Tuesday, as the state-owned oil giant battles with a dramatic slide in crude prices and …
LNG
Australia's LNGL Plans Sale of Magnolia LNG Project
Australian firm LNG plans to sell the 8mn t/yr Magnolia LNG project in Louisiana for $2.25mn to a firm called Global Energy Megatrend.
Crude Oil
Saudi Arabia to Cut June's Oil Production
Saudi Arabia's Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels p…
Oil & Gas Trade
Topside Installed for Norway's Nova Field
Wintershall Dea's Nova field will be tied back to a platform at the Neptune Energy-operated Gjoa field.
Oil & Gas Trade
The Oil and Gas Industry is Losing Young Professionals
The oil and gas industry is grappling with a growing employment crisis as young professionals steer clear of the ailing industry
Weltec Biopwer Builds Biogas Plant for Greek Abattoir
In the summer of 2020, the German plant manufacturer Weltec Biopower will start building a biogas plant in Veria, northern Greece.
Energy Saving
A Blooming Chance for Renewable Energy Amid Coronavirus?
In the face of multiple crises, governments can kill two birds with one stone by going big on green stimulus, rescuing the economy while also making big cuts to…
Oil Field
Petrobras Reports Pre-salt Discovries in the Santos and Campos Basins
Petrobras has confirmed pre-salt oil discoveries in the southeast area of the Buzios field in the Santos Basin and in the Albacora field in the Campos Basin.
Oil Price
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existentia…
Crude Oil
UAE Making Even Bigger Cuts To Oil Production Next Month
The United Arab Emirates will cut even more oil production in June, UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei announced th…
CNPC
PetroChina Makes a New Natural Gas Find in Southwest China
PetroChina, through its affiliate PetroChina Southwest Oil and Gasfield Company , has discovered a large gas belt with an estimated reserve of over 1,000 bcm in…
Oil & Gas Trade
NOC to Produce LPG in Sharara Oil Field for Local Consumption
National Oil Corporation’s subsidiaries and Repsol Consortium have reached the final stages of an ambitious study to recover LPG contained in flare gas in the …

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Gas

U.S. Crude Output to Drop, Oil Demand to Slump by 2.2 Million Barrels Per Day in 2020

Limejump has Added A New Gas-fired Peaking Project to UK Virtual Power Platform

Aramco Earnings Plunge By 25% As Low Oil Prices Persist

Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%

Australia's LNGL Plans Sale of Magnolia LNG Project

Saudi Arabia to Cut June's Oil Production

Topside Installed for Norway's Nova Field

The Oil and Gas Industry is Losing Young Professionals

Weltec Biopwer Builds Biogas Plant for Greek Abattoir

A Blooming Chance for Renewable Energy Amid Coronavirus?

Petrobras Reports Pre-salt Discovries in the Santos and Campos Basins

Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk

UAE Making Even Bigger Cuts To Oil Production Next Month

PetroChina Makes a New Natural Gas Find in Southwest China

NOC to Produce LPG in Sharara Oil Field for Local Consumption