Oil

Offshore Wind Power

13 Offshore Wind Projects Selected in World’s First Innovation and Targeted Oil & Gas Leasing Round

Crown Estate Scotland has selected 13 out of a total of 19 applications with a combined capacity of around 5.5 GW in the world’s first leasing round desig…

Oil & Gas Trade

Saudi Aramco Is ‘Doubling Down’ on China’s Energy Supply, Chief Executive Says

The country is expected to import a record amount of crude this year amid an economic reboundSaudi Aramco's chief executive Amin Nasser. Saudi Arabia export…

Saudi Arabia

Saudi Aramco to Start Building China Refinery and Petrochemical Complex

project announced last year will be fully operational by 2026Saudi Aramco, Norinco Group and Panjin Xincheng Industrial Group will start construction of a refin…

Hydrogen Technology

European Hydrogen Summit 2023

Event BackgroundHydrogen is alternative energy to energy-intensive sectors which use gas, coal, and oil to operate, and will play a key role in decarbonizing se…

LNG

Höegh LNG Closes Acquisition of Coolco’s LNG Carrier

Höegh LNG, an owner and operator of floating LNG import terminals (FSRUs) and LNG carriers, has completed the acquisition of the 2013-built LNG carrier fro…

LNG

Methanol-Ready Mein Schiff 7 Reaches Hull Assembly Stage

Finnish shipbuilding company Meyer Turku has started the hull assembly of the methanol-ready Mein Schiff 7, being built for TUI Cruises.Mein Schiff 7’s ke…

LNG

Germany’s Third Floating LNG Terminal Gears up for Regular Operation

Hoegh Gannet, a floating storage and regasification unit (FSRU) serving the Elbehafen LNG terminal in Brunsbüttel, Germany, has started supplying gas into …

Nuclear Reactor

GE’s Boiling Water Reactor Selected for Estonian SMR Plant

Estonian nuclear energy company Fermi Energia has selected GE Hitachi’s BWRX-300 technology for its planned small modular reactor (SMR) plant.The boiling …

Oil Refinery

The Petrochemical and Refining Congress: Europe 2023

PRC Europe 2023 is the annual B2B Congress which will be held for the 7th time. The Congress gathers the Downstream industry players that are not only making de…

Natural Gas

Handcuffed to Natural Gas Volatility

Can U.S. natural gas be two maddeningly contradictory things at the same time? The answer appears to be a resounding yes. The nation’s supply of natural g…

Oil Price

OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND

The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierre Andurand of…

Natural Gas

Russia Announces Progress With China on the Power of Siberia 2 Gas Pipeline

Following talks in Moscow, Russia has announced progress with China on the proposed Power of Siberia 2 pipeline project, which will be able to deliver 50 bcm/ye…

Natural Gas

Rosneft’s Natural Gas Output Rose by 15% In 2022 (Russia)

The Russian state-owned oil company Rosneft has released its 2022 results, posting a net profit of RUB813bn (US$10.5bn, -7.9% compared to 2021). The group produ…

Oil Refinery

NTPC, Indian Oil Partner to Develop Re Projects for Refineries

This will help meet the round-the-clock power requirement for IOCL Refineries.NTPC subsidiary, NTPC Green Energy Limited (NGEL), signed a joint venture deal wit…

Geothermal Power Plant

Geothermal Energy Has Potential to Be Cost-Competitive With Other Renewables and Fossil Fuels

A conference organized by SPE Aberdeen for oil and gas professionals addresses current challenges in geothermal and presents the possible solutions.