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Oil Price

Oil Climbs After Saudi Arabia Hikes Prices

A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022…

LNG

Exclusive: China's Sinopec in Talks for Gas Offtake, Stake in Canada's Cedar LNG

A man looks at models displayed at the booth of Chinese oil company Sinopec during the China International Fair for Trade in Services (CIFTIS) in Beijing, China…

Oil&Gas Drilling

Egyptian Oil & Gas Firm Books Jack-up Rig on 21-Month Drilling Gig in Gulf of Suez

ADES Holding Company, part of Saudi Arabia-headquartered oil and gas drilling services provider ADES Group, has secured a new drilling assignment for one of its…

Offshore Wind Power

ACWA Power Signs $4.85 Bln Deal for Central Asia's Largest Wind Power Plant

ACWA Power signed a Power Purchase Agreement (PPA) with the National Electric Grid of Uzbekistan for Central Asia’s largest wind farm — the Aral 5GW Wind…

Offshore Wind Power

Denmark Launches an Offshore Wind Auction With Enough Capacity to Meet the Country's Entire Demand

Last week, Denmark launched an offshore wind auction that could award up to 6 GW, enough to meet the country’s electricity needs.Currently, Denmark has 2.…

Geothermal Power Project

Oil to Evaluate India Geothermal Potential in Arunachal Pradesh, Assam

Lake at Tawang, Arunachal Pradesh, India (source: TheSomdeep, CC BY-SA 4.0, via Wikimedia Commons)Oil India Limited (OIL) will be working with the Centre for Ea…

Geothermal Drilling

Geothermal Research Drilling Commences in North Brabant, Netherlands

Drilling at the Krukweg location in Heijningen, North Brabant, Netherlands (source: SCAN)A research drilling campaign has started at the first of three sites ac…

Oil Pipeline

Canada's Long-Delayed Trans Mountain Oil Pipeline Starts Operations

A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in B…

Oil & Gas Supply

Abu Dhabi's ADNOC Says Oil Production Capacity Reaches 4.85 Million Bpd

A general view ADNOC Headquarters lit up in the colours of the Russian flag in solidarity with Russia after a deadly attack at a Moscow concert venue, in Abu Dh…

Coal Trade

Australia's Second-Largest Pension Fund Blacklists Thermal Coal Investments

The sun shines above high tension power lines in an industrial area of west Sydney July 12, 2011. REUTERS/Daniel Munoz Purchase Licensing RightsAustralian pensi…

Oil & Gas Trade

Shell Smashes Forecasts With $7.7 Billion Quarterly Profit

Shell (SHEL.L), opens new tab reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian re…

Coal Production

RWE Open to Lignite Foundation, up to Berlin to Start Process

Markus Krebber, CEO of RWE addresses the media during the annual results news conference of the German utility in Essen, Germany, March 21, 2023. REUTERS/Jana R…

Oil & Gas Trade

BP-ENI JV Signs Agreement for Namibia Offshore License

A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the comp…

LNG

LNG Producer Cheniere's Export Volumes Fuel Core Profit Beat

The logo of Houston-based liquefied natural gas company Cheniere seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 202…

Nuclear Fuel

Ban on Russian Uranium Helps US Build Nuclear Fuel Capacity, Official Says

Xcel Energy's Monticello Nuclear Generating Plant is seen in Monticello, Minnesota, U.S. March 27, 2023. REUTERS/Adam Bettcher/File Photo Purchase Licensing…