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Oil & Gas Trade

Shell Flags Q4 Writedown of up to $4.5 Billion, Mainly on Singapore Assets

General view of a Shell petrol station sign, in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo Acquire Licensing RightsShell (SHEL.L)…

Electricity Transmission

Nigeria to Sell Power Distribution Firm Over $130 Million Debt

High-tension electrical power lines are seen at the Azura-Edo Independent Power Plant (IPP) on the outskirt of Benin City in Edo state, Nigeria June 13, 2018. R…

Crude Oil

Nigeria's Dangote Refinery Set for Test Runs After Getting More Crude

A worker walks past storage tanks at Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. REUTERS/Temilade Adelaja A…

LNG

Shell Signs 20-Year Purchase Deal With Canadian Ksi Lisims LNG Project

A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. Picture taken November 13, 201…

Oil & Gas Trade

Exxon's Faces Hurdles in $2.5 Billion Exit From California Offshore

The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July…

OPEC

OPEC’s December Crude Production Averages 28.05mbpd

The Organisation of Petroleum Exporting Countries (OPEC) pumped an average of 28.05 million barrels a day, MMbpd in December as it persevered with supply restra…

India

Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output

Picture: REUTERSNew Delhi — Oil prices fell more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worri…

Oil Field

India Inks Contracts for 13 Hydrocarbon Blocks

India signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.India’s Petroleum and Natural Gas Ministry has signed contracts …

Energy Storage Project

Benchmark: Morocco Set to Become a Key Cathode Producer With $700+M of Announced Investments by Chinese Companies

Morocco is set to become a key cathode producer following more than $700 million of announced investments by Chinese companies in the country, according to Benc…

Electric Vehicles

TEMSA Partners With Minespider to Be the First E-bus Company Compliant With EU Battery Regulation

Turkey-based TEMSA, a coach, bus, and light-truck manufacturer operating in 70 countries worldwide, is partnering with Minespider to collect key data, integrate…

Nuclear Equipment

Nuclearelectrica Gets EIB Funding for Tritium Removal Facility

Romania's Nuclearelectrica has secured a loan agreement of EUR145 million (USD159 million) with the European Investment Bank (EIB) towards the completion of…

Nuclear Reactor

As Nuclear Debate Nears, French Minister Sees Potential for 14 New Reactors

France's Minister for Energy Transition Agnes Pannier-Runacher speaks during a press conference, at the United Nations Climate Change Conference (COP28), in…

Electric Vehicles

Tesla Adjusts Ranges Across Lineup Due to New EPA Rule

Tesla has adjusted its EPA estimated ranges across most of its lineup due to a new EPA rule that should make estimated ranges more realistic.Earlier today, we r…

SAF

Wizz Air Invests £5M in Firefly

Wizz Air, Europe’s fastest growing and most environmentally sustainable airline globally, on Dec. 8 announced a £5 million investment in a biofuel c…

Crude Oil

Exclusive: India Set to Halve Oil Refiners' FY24 Energy Transition Equity Support

A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. REUTERS/Sivaram V/File Photo Ac…