Oil

Gas Turbine

Wärtsilä’s Gas Engines Provide Grid Balancing for 100MW Power Plant in Japan

The new plant will operate with ten Wärtsilä 34SG gas engines, which will replace a 100MW combined cycle gas turbine that was formerly located on the project …

Oil Refinery

Guyana Opens Tender for Its First Oil Refinery

Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes …

Oil Field

Norway’s Equinor Considers Buying Chinese North Sea Oilfields

Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.

Solar Power Panel

Renewables Investment Outstrips Oil and Gas for First Time

Rystad Energy report finds that capital investments in renewables reached $494bn in 2022, compared to $446bn into oil and gas for the same period.

LNG

Dozens of LNG-Laden Ships Queue off Europe’s Coasts Unable to Unload

Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the coun…

Oil Price

U.S. Could Sell Oil From Emergency Reserve This Week -Sources

The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid to dampen fuel prices before next month's congressional elections, thre…

United Kingdom

UK Energy Price Cap ‘Could Soon Be Scrapped’

Officials are considering scrapping the price cap when the UK government’s energy bill package ends in October 2024.

Natural Gas

BP Buying Leading RNG Production Group in $4.1 Billion Deal

British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of rene…

LNG

U.S. Approves LNG Shipping Waiver for Puerto Rico After Hurricane

The Biden administration late on Sunday approved a waiver of U.S. shipping rules to address Puerto Rico's urgent need for liquefied natural gas (LNG) after Hurr…

Oil Refinery

French Refinery Strike Further Hits Petrol Supplies, Prime Minister Says

Petrol supplies at French service stations fell further over the weekend due to a weeks-long strike at oil major TotalEnergies.

Natural Gas

EU Leaders Set to Explore Gas Price Cap Options

European Union leaders meeting at the end of this week will explore a range of options for gas price caps, over which they have been divided for weeks.

Natural Gas

France Sends Germany Gas for First Time Amid Energy Crisis

Germany could get up to 100GWh gas per day from France

Natural Gas

South Korea’s Gas Consumption to Fall 4% in 2022: Report

It will stay the same in 2023 due to new nuclear and coal-fired plant start-ups.

Oil Refinery

CGT Union Shuns TotalEnergies Talks as French Petrol Crisis Drags On

The CGT union at the core of a weeks-long strike at oil major TotalEnergies slammed the door to talks on Friday, leaving more moderate unions to reach a wage de…

Natural Gas

GE to Install H-Class Gas Turbine in 350MW Brazilian Reserve Power Plant

GE has secured an H-Class gas turbine order from Brazilian natural gas operator Eneva for the new Azulão reserve power plant.