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Gas

Oil & Gas Trade
Greek Firms Start Construction of 840 MW Gas Plant in Alexandroupolis, Target Balkans for Power Exports
A consortium consisting of Public Power Corp. (PPC), DEPA Commercial and Damco Energy marked the start of works on a gas-fired power plant in Alexandroupolis in…
Energy Security
Lithuania-Latvia Gas Pipeline Hit by Explosion, Operator Says
A gas pipeline connecting Lithuania and Latvia, like the one seen here, has been hit by an explosion. Reuters.A gas pipeline connecting Lithuania and Latvia was…
Nuclear Technology
UK Must Act on Nuclear to Meet Net-zero Aims, Review Finds
Investment in new nuclear is "a no-regrets option", according to an independent review of the UK government's approach to reaching net-zero greenhouse gas e…
Africa Energy
Mele Kyari Says Nigeria Can Hit 2.2 MB/D Crude Oil Production in 2023
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, has said that the country can achieve a 2.2 million bar…
Oil Exploration
2014-Built Multi-Purpose Support Vessel Getting Battery Hybrid System
DeepOcean has activated the option to request the installation of a battery hybrid system on board the multi-purpose support vessel (MPSV) Stril Server.DeepOcea…
World Energy Outlook
South America to Stay ‘Key Region for High-Impact Exploration’, Westwood Says in 2023 Outlook
High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy mar…
LNG
Europe’s Scramble for Natural Gas Will Not Affect Renewable Energy Transition, Irena Says
Francesco La Camera, director general of Irena, at an event in Berlin. EPAThe transition to renewable energy will remain steady in the long-term even as Europea…
United States
Oil Prices Rise After Surging 3% On China Recovery Optimism
Pump jacks at an oilfield in Texas. Oil futures gained despite a surprise rise in US crude stocks.Oil prices rose on Thursday after surging by about 3 per cent …
Energy Subsidies
Scotland on Mission to Become ‘Renewables Powerhouse’ Contemplates No New Oil & Gas Policy
In pursuit of accelerating the transition to clean energy, the Scottish government has released a draft energy strategy, which aims to shape the country’s…
Oil Price
Further Oil Stock Releases by Iea Member Countries ‘on the Table’
Further releases of oil stocks by International Energy Agency member countries are on the table in the event of market disruptions, the agency's chief energ…
Oil Price
Oil Prices Fall on Us Crude Build-up and Recession Fears
The New York Stock Exchange. An Oanda analyst says energy traders believe Opec+ will do whatever is needed to support prices. ReutersOil prices dropped on Wedne…
Natural Gas
Germany's Natural Gas
Hydrogen Fuel Cell Vehicle
Porsche Hydrogen Engine Prototype Outperforms 8-Cylinder Gasoline Engine
The luxury automaker has announced that its design matches performance with lower fuel consumption.Porsche has developed a hydrogen engine prototype for luxury …
Germany
Challenges Remain Despite Gas Prices Drop in Europe
Photo taken on June 28, 2022 shows the site of the Midia natural gas development project in Vadu village on the Black Sea coast in southeastern Romania. [Photo/…
OPEC
Again, Oil Production Falls Short of OPEC Quota by 0.57MBPD
Nigeria’s oil production in the month of December 2022 grew by 4.2 per cent month-on-month to 1.23 million barrels per day but remained significantly shor…

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