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Oil Refinery

NLC Hails Dangote Refinery for Fuel Price Cut

The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians.Spea…

Crude Oil

RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged

The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government.Meanwhile, RON9…

Oil Exploration

Onshore Petroleum Auction Set to Be Held

Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 yea…

Australia

Progress of Projects Such as the Orient Polymetallic Mine in Australia

Iltani Resources has seen high-grade mineralization at the Orient East silver indium project in northern Queensland, which had previously seen the highest grade…

Natural Gas

Gas Exploration Firm’s Licence Extended Again

A company looking to extract gas from Manx territorial waters has had its exploration licence extended once more.A two-month extension has been granted to Crogg…

Electric Vehicles

Andy Palmer Says “Hybrids Are a Road to Hell”

Who is Andy Palmer and why is he saying Hybrids are a road to hell? Admittedly, Palmer is not a household name, but he is well known in the auto industry. He we…

Natural Gas

Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity

The board of directorates of Russia’s giant Gazprom has given its seal of approval for the firm’s projected investment program and budget for next y…

Russian

Krasnodar Declares Regional Emergency as Black Sea Oil Spill Cleanup Stalls

Authorities in southern Russia’s Krasnodar region have declared a regionwide state of emergency as cleanup efforts for an oil spill along the Black Sea co…

Electric Vehicle Charging

Peak EV Fast Charging Is up 50%, and So Are EV Fast Chargers

Apparently, at the year’s peak charging time in the US, EV fast charging was up nearly 50% compared to the same time in 2023. That peak charging time is T…

Natural Gas

US Natgas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand

US natural gas futures hit a 23-month high on Tuesday in thin pre-holiday trading, supported by an increase in the amount of gas flowing to liquefied natural ga…

Oil Shale

Iran Pioneers Shale Oil Extraction Technology to Achieve Energy Independence

In a groundbreaking achievement, Iranian researchers have developed innovative technology to extract shale oil from reservoirs. This is reported by Mehr News Ag…

LNG

Golar LNG Buys Remaining Stake in Flng Unit for $90M

Floating liquefied natural gas (FLNG) specialist Golar LNG has acquired minority ownership interests in the 2.4 mtpa FLNG Hilli from Seatrium and Black & Veatch…

Wind Farm

Vestas Announces New Order in Australia

Vestas Has Announced a New Order as Part of Its Q4 Order Intake. This Order Is for the King Rocks Wind Farm Project in Australia. The Customer for This Project …

Electric Vehicle Battery

Intellectual Property in the Battery Sector: Part Two

Tesla, trade secrets, and another lawsuitDry coating technology is at the centre of another recent lawsuit in the battery manufacturing sector.As discussed, Tes…

Natural Gas

Santos’ Hook-up of New Well to Existing Gas Hub Offshore Australia Gets the All-Clear

Australian energy player Santos has received the thumbs-up for its revised environment plan (EP) from the country’s offshore regulator, which will enable …