Ces

Crude Oil

U.S. May Delay Oil Reserve Release

The United States might adjust the timing of the release of some 50 million barrels of crude oil from the strategic petroleum reserve depending on the direction…

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.

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.

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.

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…

Solar Power Plant

UK Fund Finances Two Solar Projects

Investment in 115MW sites part of £500m fundraiser to double the amount of subsidy-free PV

Crude Oil

Saudi Arabia May Raise January Oil Prices to Asia

Top oil exporter Saudi Arabia may raise crude prices for Asia in January following large gains in the Middle East spot market last month

Hydrogen Project

SWITCH Maritime Achieves ‘World’s First’ Hydrogen Refuelling of a Commercial Marine Vessel

SWITCH Maritime has revealed today that it has successfully achieved the ‘world’s first’ hydrogen refuelling of a commercial marine vessel earlier this month…

Oil Price

Oil Prices Projected To Hit $125 In 2022

In a new report from JP Morgan, analysts are predicting $125 oil next year and $150 oil in 2023

Natural Gas

Sound Energy Enters Gas Sales Agreement for Morocco’s Phase 2 Tendrara Development

The agreement covers the sale of natural gas from the Tendrara Concession in Eastern Morocco over a 10-year period.

Wind Farm

Production Start-up of the Yunlin Offshore Wind Farm

TotalEnergies announces the start of power generation from the first turbine of the Yunlin offshore wind farm in Taiwan.

Hydrogen Project

BP Announces Major Teesside Green Hydrogen Project

Oil major BP has announced its largest ever green hydrogen project, located in the northeast of England.

Cooperation case

China, Africa Further Cement ties

Xi announces additional 1 bln vaccine doses to continent; vows joint green development

Geothermal Power Plant

DJIBOUTI: KenGen Starts Drilling on the Gale Le Koma Geothermal Site

Kenya Electricity Generating Company announces the start of drilling on the Gale Le Koma geothermal site.

Oil Price

Biden’s Blunder Could Send Oil Prices To $100

Oil prices may have crashed below $70 on Friday due to renewed Covid fears, but if those fears prove to be unfounded then oil prices could soar