Gas

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.

Natural Gas

China Is Reselling LNG Cargoes, Driving Gas Prices Lower

Major Chinese LNG importers are now offering to resell some cargoes on the spot market this year, suggesting that China has stocked up more than enough to see i…

Hydrogen Project

Wales Explores Green Hydrogen Potential

HyFEAS project will include assessing the feasibility of the gas’s production from hydropower as well as wind

Crude Oil

Norway Recorded Higher Oil & Gas Output in December

Norway’s oil and gas production increased in December 2021 when compared to the previous month but it was slightly below predictions made by the Norwegian Petr…

United States

US Refining Expects Resurgent 2022

US refiners are set for a shift back toward pre-pandemic profits in 2022, with many expecting Covid-19 restrictions to taper amid rebounding demand for products…

Energy Security

Moldova Declares State of Emergency in Energy Sector

The Moldovan parliament approved a measure by prime minister Natalia Gavrilita to declare a state of emergency in the energy sector for 60 days to ensure uninte…