Gas

Oil & Gas Trade

Australia Says First in Line to Buy Crude to Store in US Strategic Reserve

Australia is at the head of the queue to buy oil and store it in the US Strategic Petroleum Reserve.

Oil Price

How Nigeria Can Leverage on Negative Oil Prices

Governments of oil producers like Nigeria, whose economies were already reeling from the headwinds brought on by COVID-19 must have been wondering what they wou…

ExxonMobil Breaks Ground on Multibillion-Dollar Chemical Complex in China

Multinational oil and gas corporation ExxonMobil Wednesday broke ground on its solely-funded chemical complex in Huizhou, southern China's Guangdong Province.

Oil & Gas Technology

Nigerian Refinery Achieves Digital Transformation in Record Time

Nigeria's dangote group has achieved a digital transformation led by SAP.

Oil Field

Trump Tells Chevron to "Wind Down" Oil Fields in Venezuela

The Trump administration on Tuesday ordered Chevron Corp. to "wind down" operations in Venezuela by Dec.

Oil & Gas Trade

UK Becomes World's Cheapest Natural Gas Market

Britain has become the cheapest natural gas market in the world.

Crude Oil

Mexico's President Fears The Economic Consequences As Oil Prices Go Negative

Mexico will try to reduce spending with additional austerity measures amid the coronavirus pandemic and the oil price collapse, but it will not dismiss governme…

Crude Oil

Trump Calls for U.S. Oil Industry Bailout as Prices Plunge

U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry to help it survi…

Oil Price

The Worst Is Yet To Come For Oil Prices

Dashing hopes for some oil producers who may have thought negative prices were a weird quirk, the June WTI contract fell sharply on Tuesday.

Coal Mine

Citi Stop Working with Hermal Coal Miners, to Reject Funding for Arctic Oil, Gas Exploration

Citigroup will stop providing financial services to thermal coal-mining companies over the next 10 years to help accelerate the economy’s shift away from fossi…

Capstone Turbine to Launch Innovative Animal Waste Biogas Project

The 800kW biogas-powered facility will use a digester to process the organic biomass coming from the city of Handa.

Market Analysis

Analysis: Wind Energy Expansion Would have $27 Billion Economic Impact in the U.S.

Wind, which generates less greenhouse gas emission than burning fossil fuels, is making up an increasing share of the energy production portfolio in the United …

Solar Company

Total Eren Presents EIS for 150-MW PV Project in Chile

Paris-based independent power producer Total Eren SA is seeking to secure the environmental permit for the 150-MW Santa Isabel II solar photovoltaic project it…

Oil Price

What’s Next For Oil As Prices Go Negative?

Oil prices crashed through zero, closing out the day at -$37 per barrel, an unprecedented meltdown.

Oil & Gas Trade

Will Look into Halting Oil Import from Saudi Arabia, Says Trump

US President Donald trump said on Monday that the us would consider stopping oil imports from Saudi Arabia.