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Gas
Crude Oil
CPC to Import 90,000MT Crude Oil from Singapore
The Ceylon Petroleum Corporation says it will import 90,000 metric tons of fuel on credit from a supplier in Singapore next month.
Oil Refinery
Mexico’s Pemex Secures $500m in New Funding to Help It Take Over Texas Refinery
The acquisition would secure critical fuel supplies for the state oil company
Crude Oil
Russia Eyes 3-5pc Growth in Liquids Output in 2022
Russian crude and condensate production will grow by between 3-5pc in 2022, deputy prime minister Alexander Novak said today.
Oil Refinery
Major Romanian Oil Refinery to Cut Emissions with Hydrogen
PJSC Lukoil has today Bbecome the latest oil and gas company to commit to hydrogen, having confirmed its intention to investigate the production and supply of g…
Crude Oil
U.S. Oil Rig Count Jumps Along With Crude Prices
The number of active drilling rigs in the United States last week rose by 7, bringing the total to 586 as oil prices remain relatively strong despite the fresh …
Hydrogen Project
Major Romanian Oil Refinery to Cut Emissions with Hydrogen
PJSC Lukoil has today become the latest oil and gas company to commit to hydrogen, having confirmed its intention to investigate the production and supply of gr…
Crude Oil
Marathon to Receive Second Release from U.S. Strategic Petroleum Reserve
The U.S. Energy Department awarded a second batch of crude oil from the strategic reserve to Marathon Petroleum Corp. as part of the Biden administration’s eff…
Crude Oil
South Korea To Release 3 Million Barrels Of Oil Reserves In Early 2022
South Korea will release 3.17 million barrels of its oil reserves in the first quarter of 2022 as part of the U.S.-led global effort by major oil-consuming nati…
Oil Refinery
Fire Injures Four At Exxon Refinery
A fire broke out early today at the Baytown refinery operated by Exxon, injuring four people.
Hydrogen Project
Lightsource BP forms Green Hydrogen JV
Partnership with Portuguese gas utility Dourogás will explore potential of eight sites
Hydrogen Project
Lightsource BP to Partner with Dourogas on Green Hydrogen Projects in Portugal
There is excitement in some quarters about the potential of green hydrogen, but challenges remain.
Crude Oil
Repsol Lifts 100,000 Barrels from Yme Field in North Sea
The first lifting of oil from the Repsol-operated Yme field located in the North Sea off Norway has been completed following the field start-up in October 2021.
Nuclear Reactor
IAEA Convenes Global Experts to Assesses High Temperature Gas Cooled Reactors for Electricity, Heat and Hydrogen
Several countries have come together at the IAEA to discuss their plans for developing and deploying advanced HTGRs to help decarbonize hard-to-abate sectors su…
Crude Oil
Oil Prices Reach Four-Week High on Declining U.S. Crude Stocks
Oil settled at the highest level in nearly a month after U.S. crude stockpiles decreased and economic data pushed equities higher.
Hydrogen Project
KRICT Develops Separator to Extract Hydrogen from By-product Gas
The KRICT and Danil Gaschem signed a technology transfer agreement on Dec. 21 regarding a separator process technology for hydrogen and carbon monoxide extracti…
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