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Crude Oil

Fitch Sees Brent At $45 Next Year

Fitch Ratings said it expected Brent crude to average $45 a barrel next year, following OPEC+’s decision to start raising production by 500,000 bpd monthly fro…

OPEC

Kazakhstan Supports Consensus in OPEC+ Agreement

The OPEC + countries decided to increase the supply of oil in January 2021 following a ministerial meeting of the organisation, which was held via videoconferen…

Oil&Gas Drilling

Denmark to End Oil and Gas Era in 2050

The Danish Parliament has announced that it will cancel all future licensing rounds for new oil and gas exploration and production permits in the Danish part of…

LNG

Asian LNG Prices Rise to Nearly Two-Year High on Winter Demand

Asian spot prices for liquefied natural gas rose to a nearly two-year high this week as demand continued to be firm for heating during winter and as buyers face…

Nuclear Reactor

X-Energy Is Rethinking Reactors and Doing More With Nuclear

Innovation will be vital to reducing carbon emissions and solving our climate crisis.

Oil & Gas Trade

Japan's Inpex Signs Gas Sales Agreement with Indonesia Gas Utility

A memorandum of understanding was signed between Inpex Masela Ltd and PT Perusahaan Gas Negara.

Carbon Neutral

Siemens Energy and Porsche, with Partners, Advance Climate-Neutral e-Fuel Development

The "Haru Oni" pilot project in Magallanes Province takes advantage of the excellent wind conditions in southern Chile to produce climate-neutral fuel with the …

Solar Company

Longi Hits Annual Module Target with a Month to Spare

PV manufacturer Longi Solar today announced it had hit its 20 GW annual solar module shipment target last month.

Floating Solar Project

Dutch Meld Offshore Floating Solar with Seaweed Cultivation

The combined offshore solar and seaweed farm has been installed at the North Sea Farmers test site, located 12 kilometres off the coast of Scheveningen.

Crude Oil

Sudan's Oil Reserves Estimated at 6 Billion Barrels: Sudan's Energy Ministry

The ministry's oil chief also revealed that "the country currently produces 60,000 barrels per day, and is expected to reach 80,000 barrels per day in 2021."

Oil Field

ExxonMobil in Negotiations to Acquire Stake in India’s Oil and Gas Fields

US oil major ExxonMobil is reportedly in talks to acquire a stake in India’s producing oil and gas fields.

Oil & Gas Trade

Alaska’s Oil Exports Double Amid Strong Chinese Demand

While demand from U.S. West Coast refiners has been subdued, overall Chinese crude oil imports have held strong during the COVID-19 wave in China early this yea…

Video: Unique Lithium Battery Factory Production Process! MeritSun LiFePO4 Battery Factory

Focused on lithium and Lifepo4 battery for storage system,also manufacture Agm/gel battery for 20 years.

Video: Thermochemical Storage with Heat Battery

Houses and office buildings are producing more energy than the amount of energy they consume such is TNO’s ambition, in order to meet national and internationa…

Natural Gas

Argentina Draws 16 Bids for Subsidized Gas Supply

Argentina received bids from 16 companies in a path-breaking auction to supply more than 70mn m3/d of natural gas at subsidized wellhead prices for power genera…