Gas

Crude Oil

US to Top Up Strategic Oil Reserve With 77 Mln Barrels

The Trump administration cancelled plans to sell off a portion of the country's emergency oil reserves earlier this month as OPEC+'s failure to reach an agreeme…

CCGT

Mitsubishi Hitachi Power Systems Wins 1950 MW Power Upgrade

Project will incorporate three 1650℃ MHPS M701JAC-type GTCC power generating facilities

Oil Price

The Price War Could Kill The UK's Oil Industry

The UK’s oil and gas industry has called on the government to help the sector as it faces three separate challenges, that could see production plummet.

Oil Price

US Seeks $3 Billion to Boost Oil Producers as Prices Plunge

The Trump administration said Thursday that it is seeking $3 billion from Congress to top up the country’s strategic petroleum reserves, potentially propping u…

Requirement of 01 no. 250 kva diesel & gas (dual function) genset

Tenders are invited for Requirement of 01 no. 250 kva diesel & gas (dual function) genset.

Oil Price

Oil Price Won’t Impact Renewable Strategies Says IRENA Director-General

The turmoil in the oil market is unlikely to have a major impact on renewable energy plans and investment.

Oil & Gas Trade

PetroVietnam Says Considers Stockpiling Oil Amid Low Prices

Vietnam Oil and Gas Group, known as PetroVietnam, said on Wednesday it was considering stockpiling crude oil amid low prices while exploring measures to cope wi…

Oil Price

Russia Sees Oil & Gas Income Fall By Almost $40 Billion

Russia’s revenues from oil and gas will be US$39.5 billion (3 trillion rubles) lower than planned, due to the tumbling oil prices, Russian Finance Minister Ant…

Gas Turbine

Moteurs Baudouin Releasing First Natural Gas Engine Line

Moteurs Baudouin, which has built diesel engines for the marine and power generation markets for 100 years, said it will release its first engine range powered …

Shale Gas

Few U.S. Shale Firms can Withstand Prolonged Oil Price War

For the last five years, U.S. shale oil producers have been battling suppliers for lower costs and running equipment and crews hard to drive drilling costs down…

The supply of electricity and gas

Contract notice: The supply of electricity and gas

Oil Price

Exxon To Slash Spending As Oil Price Collapse Continues

Exxon has become the latest U.S. oil company to announce plans for spending cuts amid the coronavirus outbreak that caused a price slide significantly aggravate…

Market Analysis

Is The Oil Price Crash Good For Renewable Energy?

With Saudi Arabia and Russia pumping flooding the market with oil as coronavirus threatens demand, oil prices have crashed below the $30 mark. It is a price cra…

Mitsubishi Technology to Enable 100% Hydrogen Power by 2045

Mitsubishi Hitachi Power Systems has been awarded a contract to convert a coal-fired power generation plant in Utah into a renewable hydrogen-fired plant.

Oil&Gas Drilling

Total Makes New Gas & Condensates Discovery in the North Sea

Total, Operator, and its partners have made an encouraging discovery with the Isabella 30/12d-11 well on the license P1820, located in the Central North Sea off…