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Gas
Oil & Gas Supply
Oman Bases 2022 Budget on Oil Price of $50/b, up from $45/b in 2021
2022 oil output forecast at 1.055 mil b/d vs 960,000 b/d in 2021
Crude Oil
Tarim Oilfield Produces Over 30-mln-tonne Oil, Gas Equivalent
The Tarim Oilfield of China National Petroleum Corporation, China's leading oil and gas producer, produced more than 30 million tonnes of oil and gas equivalent…
Carbon Neutral
Moon Encourages Private Firms to Go Carbon Neutral
President Moon Jae-in on Friday encouraged private firms to go carbon neutral, pledging the government will provide financial and regulatory support for their e…
OPEC
Russia Says OPEC+ Deal Brings Investment Back To Oil Industry
The OPEC+ interventions on the market in recent years have helped the oil industry to see the beginning of the return of confidence and investments
Crude Oil
Saudi Arabia Will Supply Full Volumes To Asia
Saudi Arabia will supply full contracted oil volumes to most of its buyers in Asia.
Oil Refinery
CVR Energy Selects Honeywell Technology for Coffeyville Refinery
Honeywell today announced that a CVR Energy Inc. subsidiary has selected Honeywell UOP Ecofining technology to study conversion of seed oils, tallow and white/y…
Wind Farm
Rio Tinto Breaks Ground on Madagascar Wind, PV
Project being built by Crossboundary Energy will also include battery energy storage
Hydrogen Project
GE to Supply Hydrogen-Ready Gas Turbines for 1.34GW Power Plant in China
GE and Harbin Electric Corporation have announced that Chinese state-owned power utility Guangdong Energy Group has ordered two GE 9HA.01 gas turbines for its G…
Crude Oil
Iraqi Crude Output Rises to 18-month High of 4.21 mil b/d in Nov: SOMO
Iraqi crude oil production, including flows from the semi-autonomous Kurdistan region, rose to an 18-month high of 4.208 million b/d in November.
Hydrogen Technology
SK Gas Makes Investment in C-Zero, U.S. Turquoise Hydrogen Producer
SK Gas has decided to invest in C-Zero, a U.S. company that has original technology to manufacture eco-friendly turquoise hydrogen.
Crude Oil
White House not Considering Crude Export Ban
President Joe Biden's administration has all but ruled out the idea of pursuing a ban on crude exports, following an outcry from the oil industry and its allies…
Oil & Gas Trade
China Suntien Green Energy in 15-Year LNG Deal with Qatar Energy
A China Suntien Green Energy subsidiary will sign a sale and purchase deal with Qatar Liquefied Gas for 1 million mt/year of LNG for 15 years, the Hong Kong- an…
Natural Gas
European Gas Extends Gains as Giant Field in Norway Cuts Output
European natural gas prices extended gains as one of the region’s biggest fields curbed output because of a fault.
Hydrogen Project
South Korea’s Kogas Plans Hydrogen Hub, Strategy Shift
South Korea's state-controlled Kogas, one of the world's largest LNG importers, plans to build a hydrogen production base in the country's southwest city of Gwa…
LNG
Jera Invests in Barossa Gas Field, Joins Darwin LNG Project
Japanese energy giant JERA will buy a 12.5 per cent stake in the Barossa gas field, thus participating in the Darwin LNG project in Australia.Courtesy of Santos
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