Oil

LNG

Chesapeake Energy, gunvor sign Long-term lNG supply agreement

(WO) – Chesapeake Energy Corporation and Gunvor Group Ltd announced that Gunvor Singapore Pte Ltd ("Gunvor") has entered into a Heads of Agreement ("HOA") with…

Oil&Gas Drilling

Shell, Qatar energy make light oil discovery offshore Namibia

(WO) – QatarEnergy made a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia.The…

Energy Saving

Reliability trumps decarbonization, energy execs say

Snipped from DNV's Trilemma and Transition report. Credit: DNV.The past two years have been tough for energy executives both on the electricity side and the…

Natural Gas

PG&E Customers’ March Natural Gas Bills Expected to Decrease on Average 75%

After three months of higher-than-normal natural gas market prices driving up energy bills, Pacific Gas and Electric Company (PG&E) customers can expect, on ave…

Solar Power Plant

Texas: Wind and solar stake claim to land of oil

Modern Texas was built on oil, and its production has long been a source of immense pride. But now, areas that moved to the steady rhythm of oil derricks for mo…

Oil & Gas Supply

Slim Bunker Demand Pressures Low-Sulphur Fuel Oil

The increased use of vessel exhaust scrubbers has boosted HSFO demand, narrowing the spread with lower-sulphur bunker fuel, write Sammy Six and Sarah GiamVery-l…

Solar Company

Sonelgaz Seeks EPC Contractors for Solar PV Tender

Our country has, in addition to the advantages in the energy sources from gas and oil, significant potential in the field of solar energy, a vast electricity ne…

SINOPEC

Sinopec Begins $1.56BN Upgrade at Northern China Refinery

China's Sinopec said it has started building a project worth 10.8 billion yuan ($1.56 billion) in a northern subsidiary refinery aimed at manufacturing more…

Oil & Gas Supply

Shell Energy Adds Last of 16 Solar Batteries to “Landmark” Virtual Power Plant

Dept of Planning and Environment deputy secretary Leon Walker (left) and PDNSW ESG executive director Peter Graham (right). Image suppliedSixteen regional comme…

Oil & Gas Trade

Oil Stays Firm on China Growth Hopes

Oil prices rose in Asian trade, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further US interest rat…

Hydrogen Production

BP Launches Plans for 2GW Green Hydrogen Cluster in Spain

Oil and gas giant bp has today (February 28) launched plans for a 2GW green hydrogen cluster in the Valencia region of Spain at its Castellón refinery, d…

Wind Turbine

Success Achieved in "Next-Generation Oilless Cryogenic ORC Turbine Generator" Operation by Liquid Nitrogen

Hermetic Oilless Structure of Turbine for ORC Generation Applied to Cryogenic Power GenerationTOKYO, Feb 28, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries…

Hydrogen Project

Texas Could Become a Hydrogen Fuel Economy Leader, Says Rice U Report

Rice University’s Baker Institute for Public Policy indicates that clean energy could be the state’s future.The same energy and geology that has mad…

Oil & Gas Supply

Stored Nord Stream Pipes To Be Used With a Floating LNG Terminal in the Baltic

3000 pipes, originally intended to be used to transport Russian gas as part of the Nord Stream 2 pipeline system, have been lying in limbo for over a year in th…

Oil & Gas Trade

Benchmarking: Outlook for Demand, Global Balances Diverge

Watch The World/ShutterstockAlthough macroeconomic concerns loom large in the foreground, oil consumption will grow by an average 1.75 million b/d among major f…