Gas

Crude Oil

Crude Oil Futures Rise on Spot Demand

Crude oil prices on Friday rose Rs 9 to Rs 2,826 per barrel as participants widened their positions on firm spot demand.

Crude Oil

Indonesia Sees Product Demand Up 160,000 b/d by 2026

Indonesia expects domestic oil product demand to increase by 12pc or around 160,000 b/d by 2026, but an expansion of refinery capacity should eliminate the need…

Crude Oil

US Refiners Spread Out Heavy Maintenance Plans

Efforts to slow the spread of Covid-19 will lead to heavier US refinery maintenance over the next year.

Oil Field

KrisEnergy Suspended Production at its Wassana Field Because of Oil Prices

KrisEnergy's operating Wassana field has been suspended pending further notice.

Energy Technology

Germany Agrees Hydrogen Strategy to kickstart Electrolyzers for 2030s

Germany's government has agreed the details of the national hydrogen strategy with $10 billion to be set aside in the federal budget to kickstart growth in elec…

Combined Heat and Power

Siemens Supports Berlin with Climate-Friendly Energy Supply

Vattenfall Wärme Berlin AG today officially commissioned the Berlin-Marzahn combined heat and power plant, which was built by Siemens Gas and Power as general …

Market Analysis

US Working Natural Gas Volumes in Underground Storage Rise 102 Bcf on Week:EIA

US working gas in storage increased by 102 Bcf last week, which was less than the market expected, but Henry Hub futures remained static following the report.

Micro Reactor

Japanese Gas-Cooled Reactor Clear for Restart

Japan Atomic Energy Agency has today received permission from the Nuclear Regulation Authority to make changes to the reactor installation of the High-Temperatu…

Africa Energy

Libya Oil Production Comes to Halt as Economy Affected

The civil war enforced by the warlord Khalifa Haftar in Libya has brought oil production and exports to a grinding halt, creating financial strain on the UN-rec…

Oil Pipeline

Bulgaria Expects to Finish Russian Gas Pipeline on Time

Bulgaria says it aims to build on time its stretch of a pipeline that will bring Russian gas to Europe, despite unforeseen delays due to the COVID pandemic.

LNG

Shell Weighs Sale of $2 Billion-Plus Stake in Queensland LNG Facilities

Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia,…

LNG

Gazprom Threatened with 50 mln Euro Fine by Polish Regulator for Lack of Cooperation

"President of the Office of Competition and Consumer Protection initiated proceedings against Gazprom for lack of cooperation during an anti-trust investigation…

Oil Price

Bulgaria to Set up a State-Owned Oil Company

Bulgaria plans to set up a state oil company to manage oil and fuel warehouses and set up filling stations across the country to increase competition.

Oil Price

Oil Moves Lower as U.S.-China Tensions Weigh

Oil futures steadied on Monday as rising U.S.-China tensions weighed on sentiment, but prices drew support from reports that OPEC and Russia were close to a dea…

Oil Field

Nigeria's Revenue Burden to Ease off as DPR Announces Bids for Marginal Oilfields

Federal High court in Lagos against the FG on the revocation of 2 oil field licenses, DPR has gone ahead to announce its first licensing round.