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Gas
Oil Price
Oil Prices Retreat in Thin Trade, but China Outlook Offers Support
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/Stringer/File P…
China news
Group Says China Will Add 70 GW of Coal- And Gas-Fired Generation in 2023
A lobbying group for China’s power generation sector said the country will add about 70 GW of fossil fuel-powered capacity this year, even as renewable energy …
Crude Oil
Russian Seaborne Crude Exports Rebound to Two-Month High in January, Report Says
A ship in the Baltic Sea on the natural gas pipeline Nord Stream 2 from Russia to Germany. An EU and G7 price cap on Russian oil has aimed to reduce Moscow&rsqu…
Oil&Gas Drilling
Oman’s State Energy Company OQ Plans to List Drilling Unit Abraj in Muscat
Oman’s state energy company OQ plans to sell up to 49 per cent stake in its drilling unit, Abraj Energy Services, through an initial public offering, beco…
Natural Gas
Arktika Nuclear Icebreaker Escorted Vladimir Voronin Gas Carrier Through Difficult Parts of Northern Sea Route.
The lead universal nuclear icebreaker, the Arktika, took the Vladimir Voronin gas carrier under escort in the eastern part of the Laptev Sea, north of the New S…
Biobattery
Japan Proposes Default Ghg Values for Solid Biobased Fuels
Japan’s Ministry of Economy, Trade and Industry has proposed default greenhouse gas (GHG) emissions values and calculation methods for biobased fuels that…
Oil Exploration
All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Shelf Drilling’s jack-up …
Carbon capture
Adnoc Starts Work on New Carbon Capture Storage Project
Adnoc said the project marks another step in its plan to reduce its carbon intensity by 25 per cent by 2030. Photo: AdnocAdnoc has begun work on a project to in…
Oil & Gas Trade
Global Oil Demand Will Surge to Record This Year as China Reopens, Iea Says
A drilling platform at Norway's giant offshore Johan Sverdrup field.Global oil demand will surge to a record this year following the end of coronavirus rest…
Nuclear Equipment
French Nuclear Fleet Failure, Drought and War to Blame for Record Power Prices in 2022
Last year Europe saw very high levels of wholesale power prices, driven by gas prices that repeatedly broke all-time high records since the start of the Ukraine…
Electrification
GE Bags Two Service Contracts for Six Power Plants in China
H-class gas turbine. Image credit: GEGE and Chinese state-owned power utility Guangdong Energy Group have signed a long-term service agreement for Dongguan Ning…
Oil & Gas Trade
Oil Giant Aramco Says Windfall Taxes ‘Not Helpful’ and Could Stifle Decarbonization
KEY POINTSPolicymakers in a number of countries are calling for windfall taxes on major oil and gas companies, many of which saw record profits in the last year…
Nuclear Technology
South Korean Investment in X-Energy
X-energy of the USA - developer of the Xe-100 high temperature gas-cooled small modular reactor (SMR) as well as TRISO advanced nuclear fuel - has announced a s…
Oil&Gas Drilling
UK Firm Chosen to Drill Well Offshore Isle of Man
Isle of Man-based Crogga Limited has awarded Aberdeen-based energy services company THREE60 Energy with a contract to drill an appraisal well this year in the C…
Oil & Gas Trade
OPEC Stands by 2023 Oil Demand Forecast Amid Improving Outlook in China
Opec says it is holding to its forecast demand for crude this year despite forces arraying against it. ReutersOpec stuck to its global oil demand forecast for t…
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