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Oil Price

Sinopec Keeps Refinery Operations 'Fairly High' to Ensure Fuel Supply

China's Sinopec is running its refineries at "fairly high" operational rates, the firm said, seeking to ensure steady fuel supply in the country amid tight glob…

EV Market

Secondhand Tesla Prices are Shooting up as Petrol Prices and New Car Wait Times Blow out

With the price of petrol set to soar due to looming gas and oil shortages caused by Russia’s invasion of Ukraine and subsequent sanctions, observers are noting…

Crude Oil

US Shale Investors Worry over Impact of Output Jump

US shale oil investors are concerned that quickly ramping up production to capture soaring crude prices could upset confidence in the steady growth business mod…

World’s most Advanced Oil Rig Commissioned at ONGC Well in Bhimavaram

As the energy prices soar, the advanced rigs are very crucial for the Indian energy sector to drill oil and gas wells faster to increase the production for d…

Crude Oil

Africa: Nigeria to Maintain Top Positions As Africa's Biggest Oil Producer, Production to Peak in 2023 - Report

Nigeria will retain its number one position as Africa's biggest oil producer as well as maintain the top three gas suppliers on the continent between 2022 and 2…

Oil Exploration

Oil and Gas Exploration is on The Rise In Africa

Increasing exploration activities in 2022 and onwards is a top priority for African hydrocarbon producers as they seek to expand production and establish the co…

Oil & Gas Supply

With Oil Market in Turmoil, Energy Execs Urge more Output, Security

Oil-and-gas leaders advocated at an industry conference on Monday for increased security of energy supply and more fossil fuel production, while the U.S. climat…

Whiting Petroleum and Oasis Petroleum Sign $6bn Merger Deal

US-based shale producer Whiting Petroleum signed a merger deal with Oasis Petroleum to create a new enterprise, valued at approximately $6bn.

Coal Production

China to Keep Daily Coal Output at More than 12 mln Tonnes amid Global Price Surge

China will maintain daily coal output at more than 12 million tonnes and accelerate approvals for new coal mining projects to ensure sufficient supply.

Oil & Gas Trade

Biden Announces Ban on Russian Oil, Gas Imports to US

President Joe Biden announced Tuesday morning that the US would ban imports of #oil, natural gas and coal from #Russia. The British government also announced it…

Natural Gas

Fixing Wind, Solar Permitting in EU to Help Reduce Russian Gas Imports

Speeding up wind and solar permitting, diversifying gas supplies and making the most of existing low-carbon energy sources are important steps to reduce the EU…

Hydrogen Transport

Fortescue Future Industries, Airbus: Starting the Green Aviation Revolution with Green HAydrogen

Fortescue Future Industries (FFI) and Airbus have formed a focused taskforce to implement green hydrogen within the aviation industry in an effort to decarbonis…

Hydrogen Production

First Hydrogen Energy Launched to Focus on Green Hydrogen Production and Distribution

The production and distribution of green hydrogen is the focus for First Hydrogen Energy, a newly launched division of First Hydrogen Corp.

Hydrogen Production

Air Liquide Gains French State Support for 200MW Normandy Hydrogen Production Project

Normandy, France, will gain a 200MW electrolyser project from Air Liquide in order to boost the European hydrogen sector whilst additionally receiving support f…

Hydrogen Production

EU Draws out Plan to Increase Hydrogen Production to Replace Russian Fossil Fuels and Gas Dependency

The European Commission has revealed on March 8 a brand-new plan in which to phase out dependency on Russian gas and fossil fuels with hydrogen a key aspect of …