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Gas
Crude Oil
Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil su…
Gas Turbine
SSE Thermal and Siemens Energy Partner on Hydrogen-Ready Gas Turbines
SSE Thermal and Siemens Energy have launched a collaboration to deliver gas turbine technology capable of running on 100% hydrogen.The project is called Mission…
Natural Gas
RJM Wins Coal-To-Gas Upgrade for Spanish Power Plant
Combustion technology provider RJM International has secured an order for new combustion technology, including CFD combustion analysis and ultra-low NOx gas bur…
Offshore Wind Power
Brazilian Senate Passes Offshore Wind Bill Amended to Include Gas, Coal Provisions; President Expected to Veto Fossil Fuel Additions
The Brazilian Senate has adopted a bill regulating offshore wind licensing, development and operation. The bill also includes subsidies for coal and natural gas…
Net Zero
Emissions Fall In Hard-To-Abate Sectors but Still off Track to Reach 2050 Net-Zero Targets
The World Economic Forum’s latest Net Zero Industry Tracker shows progress in reducing emissions across eight hard-to-abate sectors—steel, aluminium, cem…
Oil Price
Oil Prices up With China Demand Hopes
Oil prices increased on Wednesday supported by economic stimulus measures in China, the world’s biggest crude importer, aimed at boosting domestic growth.…
Natural Gas
ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean
ExxonMobil will begin drilling a new offshore gas exploration well in the North Marakia Offshore Concession, Western Mediterranean this month.During a meeting i…
Natural Gas
Shell to Explore for Oil and Gas in the Black Sea
Shell Exploration and Production (96) B.V, a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's excl…
Oil Exploration
ORLEN Ramps up Its Exploration Activity on the Norwegian Continental Shelf
A total of 6 exploration and appraisal wells were completed by ORLEN Upstream Norway in 2024, 4 more than the previous year. As a result, the company discovered…
Natural Gas
POGC Completes South Pars Overhaul Campaign Offshore Iran
Pars Oil and Gas Co. (POGC) has completed overhauls of the gas platforms at the South Pars field in the Persian Gulf.Ali-Mohammad Tahan, head of HSE at the comp…
Crude Oil
Oil Production Hits 1.7mbpd – FG
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in Nov…
Crude Oil
OPEC Says Russia Made Small Cut to Oil Output in November
Russia's crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Count…
Crude Oil
OPEC Daily Crude Output up 0.5% in Nov.
Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to averag…
Natural Gas
Azerbaijan Unveils Latest Data on Its Oil, Gas Output, and Export Volumes for Current Year
Oil-condensate production in Azerbaijan was 26.5 million tons, and the exports were 22.2 million tons, while the gas production and exports amounted to 45.8 bcm…
Natural Gas
OGDCL-Led Consortium Wins Bid for 49% Stake in Miran Block
Oil and Gas Development Company Limited (OGDCL), along with its consortium partners Pakistan Petroleum Limited (PPL) and Government Holdings (Private) Limited (…
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