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Crude Oil

Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties

The producers' group, led by Saudi Arabia and Russia, will bring 400,000 barrels per day to the market next month as planned

Crude Oil

Acelen to Boost Runs at Newly Acquired Brazil Refinery

Abu Dhabi state-owned Acelen plans to step up crude throughput at its newly acquired 333,000 b/d Mataripe refinery in Brazil to meet growing demand in the count…

Crude Oil

Production Starts at Angola’s Clov 2 Oil Project

Crude production has started at the Clov 2 project in block 17 offshore Angola, the second new deepwater development to come on stream in the west African count…

Natural Gas

Australian LNG Exports Hit Record High in October

The record volumes and higher prices also accounted for record LNG export receipts for the month, according to the latest official data.

Oil&Gas Drilling

TotalEnergies Spuds Namibian Ultra-Deepwater Well

French energy major TotalEnergies has started drilling the ultra-deepwater Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned dri…

Market Analysis

World Nuclear Energy Day, Honouring an Industry

Today, 2 December, marks the second annual celebration of nuclear energy and the people who make it happen.

Natural Gas

Samsung Engineering Secures US$1.23bn Gas Development Project in Saudi Arabia

Samsung Engineering announced on Dec. 1 that it has signed a US$1.23 billion contract with Saudi Aramco for the Jafurah Gas Process Package #1 Project.

Hydrogen Project

Hyundai Motor Tops World Hydrogen Car Market

Hyundai Motor Co. has maintained its No. 1 position in the global hydrogen electric vehicle market this year.

Iberdrola to Increase Energy Prices from January 1

Iberdrola Ireland said it will increase its gas and electriciy prices from January 1, becoming the latest energy supplier to announce price hikes.

EU

EU unveils 300 billion Euro Answer to China's Belt and Road

The European Commission unveiled on Wednesday a plan to invest 300 billion euros globally by 2027 in infrastructure, digital and climate projects as a better al…

Cooperation case

China, Russia to Expand Low-Carbon Cooperation

Before the year ends, it is expected to reach a new high, Chinese Foreign Ministry spokesperson Wang Wenbin said at a routine press conference on Monday.

Hydrogen Fuel Stations

Australia to Gain its ‘First’ Commercial Hydrogen Refuelling Station for Heavy Vehicle

Australia is set to gain its ‘first’ commercial hydrogen-powered heavy vehicle refuelling station through a new agreement between Coregas and Haskel Hydrogen …

Hydrogen Production

WAB Joins the OCEaN Initiative to Promote Hydrogen Production from Offshore Wind

WAB has joined the Offshore Coalition for Energy and Nature to promote sustainable practices in power generation with green hydrogen production from offshore wi…

Energy Storage Project

AGL and Wartsila Kick off Australia’s 2nd-Largest Energy Storage Project

Australian utility AGL has partnered with technology firm Wartsila and started the construction of what is claimed to be the second-largest battery energy stora…

Wind Power Project

Bureau Veritas Approves HHI Floater

Hi-Float offshore wind foundation designed to support 10MW turbine