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Gas
Oil Price
Japan to Subsidize Oil Wholesalers for 1st Time to Curb Fuel Price
Japan's industry minister Koichi Hagiuda said Tuesday the government will implement for the first time its oil industry subsidy program, which is aimed at curbi…
Oil Refinery
Japan’s Eneos to Close Wakayama Oil Refinery on Falling Demand
Japan’s Eneos Holdings Inc. will close one of its oil refineries next year due to falling domestic demand and the shift away from fossil fuels.
Hydrogen Project
Toray Developing Polymeric Separation Hydrogen Technology to Enable the Generation of High-Purity Hydrogen
A new innovative high polymeric separation hydrogen permeation membrane module will allow for a more effective hydrogen purification process from mixed gases.
Natural Gas
Texas Natural Gas Production Falls as Freezing Weather Sets in
Texas natural gas production dropped for the second time this month because of freezing temperatures settling over the state.
Energy Security
Turkey Imposes Industry Blackouts Amid Gas Shortage
Power deliveries to Turkey's industry will be forcibly cut this week because of insufficient gas supply.
Nigeria
Nigeria Oil Refinery About to Come Online Later This Year
AfDB President Dr Akinwumi Adesina described the Dangote oil refinery and petrochemical plant project in Nigeria as a game-changing initiative that will spur th…
Indonesia
Kuwait's Kufpec Discovers Gas, Condensate in Indonesia
Kufpec, the foreign upstream arm of Kuwait's state-owned KPC, today announced a gas and condensate discovery in the Anambas block in the Natuna Sea north of Ind…
Market Analysis
EIA Forecasts US Fossil Fuel Production to Reach New Highs in 2023
After declining in 2020, the combined production of US fossil fuels increased by 2% in 2021 to 77.14 quadrillion British thermal units.
Crude Oil
OPEC’s Shrinking Capacity Could Send Oil Above $100
The oil market is quickly realizing that many OPEC producers may not have the capacity to boost output much further.
Crude Oil
Russia’s Oil Output Could Peak In 2023
There are growing doubts as to whether Russia can grow petroleum production to the volumes forecast by Moscow.
Crude Oil
China's Crude Oil Output Rises in 2021
China's crude oil output reached nearly 199 million tonnes last year, up 2.4 percent from the previous year, official data showed.
Japan
Tokyo Gas makes 1GW Nordic Clean Power Move
Deal struck to buy 50% of EWII Production, which will then be renamed TOWII Renewables
Oil & Gas Trade
Chinese LNG Reload Heads to Europe
Europe is poised to receive a cargo reloaded at a Chinese LNG import terminal, as the region remains the global premium market for LNG and weaker demand leads C…
Natural Gas
Brazil, Guyana, Suriname Postpone Joint Energy Plan
The leaders of Brazil, Guyana and Suriname have postponed the creation of a regional energy corridor after Brazilian president Jair Bolsonaro left discussions e…
Hydrogen Project
Linde Starts up ‘World’s First’ Plant for Extracting Hydrogen from Natural Gas Pipelines
Linde Engineering is showcasing how hydrogen can be separated from natural gas streams at a first of its kind full-scale pilot plant in Dormagen, Germany.
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