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Oil Field

SK Innovation’s Oil Exploration Subsidiary Continues to Expand Southeast Asian Businesses

SK Earthon's crude oil production platform operates at the Lufeng 12-3 oil site in block 17/03 located in South China Sea.SK Earthon, an oil exploration sub…

Oil Price

Oil Prices up on Tighter OPEC Supply, US Jobs Data

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices rose on Wednesday as supplies from Russia and OPEC members tight…

Electricity Trade

China’s Richest Regions Cut Electricity Prices to Protect Industries

More Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on profits at power suppliers.…

Oil & Gas Trade

Austria’s OMV Agrees to Supply Romanian Gas to Germany, Sources Say

The logo of Romanian integrated oil company OMV Petrom is pictured outside its headquarters in Bucharest, Romania, March 28, 2019.Austria's OMV has struck a…

Wind Farm

All Turbines Installed at 96-MW Offshore Wind Farm in S Korea

CIP offshore wind farm off the coast of Germany.Copenhagen Infrastructure Partners (CIP) said on Monday that turbine installation has been successfully complete…

Oil Price

Azerbaijani Oil Prices Increase

The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta rose by $0.48 on January 6 compared to the previous rate, re…

Oil Price

Oil Prices Extend Losses, Firmer Dollar and Supply Outlook Weigh

Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022.Oil prices extended…

Oil Price

Oil Prices Ease as Weak Economic Data Offsets Higher US Winter Storm Heating Demand

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices eased in volatile trade on Monday as some bearish economic news …

Nuclear Reactor

Why Fusion Energy Is the Future of Clean Power

Imagine a world where energy is limitless, clean, and safe—a world without pollution from burning fossil fuels or dangerous nuclear waste. This dream is at the…

Natural Gas

US Natural Gas Prices Jump 9PC as Winter Storms Boost Heating Demand

US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil an…

Oil Pipeline

Phillips 66 Buys EPIC’s Permian NGI Midstream Assets for $2.2b

EPIC NGL is a fully integrated NGL system that connects gas processing plants in the Permian Basin and the Eagle Ford to EPIC’s fractionation complex in R…

Carbon Capture

Teesside and Edinburgh Universities Develop New Carbon Capture Material

Known as CalyChar, the new material is an advanced form of hydrochar, a charcoal-like material formed by using heat and water to treat organic/bio waste in a pr…

Oil&Gas Drilling

SOCAR Enhances Safety Measures Amid Unstable Weather Conditions

Due to the sharp changes in weather conditions, including windy and unstable weather across the country, the "Azneft" Production Association of the State Oil Co…

Biofuel

Indonesian Firms Get 1-1/2 Months to Implement New B40 Biodiesel Mix

Indonesian companies will get a 1-1/2 month transition period to meet the new B40 biodiesel requirement, Deputy Energy and Mineral Resources Minister Yuliot Tan…

Coal Mine

Peabody Announces First Coal Shipment From Centurion Mine

The inaugural shipment was delivered to the Dalrymple Bay Coal Terminal and loaded for export to a customer in Asia last week. This achievement highlights Centu…