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Gas
Natural Gas
Samsung Engineering Secures US$1.23bn Gas Development Project in Saudi Arabia
Samsung Engineering announced on Dec. 1 that it has signed a US$1.23 billion contract with Saudi Aramco for the Jafurah Gas Process Package #1 Project.
Iberdrola to Increase Energy Prices from January 1
Iberdrola Ireland said it will increase its gas and electriciy prices from January 1, becoming the latest energy supplier to announce price hikes.
Hydrogen Fuel Stations
Australia to Gain its ‘First’ Commercial Hydrogen Refuelling Station for Heavy Vehicle
Australia is set to gain its ‘first’ commercial hydrogen-powered heavy vehicle refuelling station through a new agreement between Coregas and Haskel Hydrogen …
Natural Gas
Hyundai Engineering Consortium Wins KRW2tr Gas Plant Project in Saudi Arabia
Hyundai Engineering announced on Nov. 30 that it has won a super-large gas plant construction project worth about 2 trillion won from Saudi Arabia’s state-run …
Hydrogen Project
EU to Promote Global Hydrogen Markets
Ahead of a major reform of natural gas market rules, the European Commission today committed to promoting competitive markets to enable non-EU hydrogen to be tr…
Hydrogen Technology
Centrica Acquires a Stake in Green Hydrogen Technology Company
UK utility Centrica has acquired a minority stake in HiiROC, a company that has developed a technology to convert biomethane and flare gas, or natural gas into …
Crude Oil
Saudi Arabia May Raise January Oil Prices to Asia
Top oil exporter Saudi Arabia may raise crude prices for Asia in January following large gains in the Middle East spot market last month
Natural Gas
Natural Gas Plunges 11% as U.S. Weather Forecast Stifles Demand
Natural gas futures plummeted 11% in the U.S. as forecasts shifted warmer through the middle of next month, allaying concern about tight domestic supplies amid …
Crude Oil
Guyana To Become The 11th Country To Produce Over 1 Million Bpd
The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years.
Oil Price
Oil Prices Projected To Hit $125 In 2022
In a new report from JP Morgan, analysts are predicting $125 oil next year and $150 oil in 2023
Natural Gas
Sound Energy Enters Gas Sales Agreement for Morocco’s Phase 2 Tendrara Development
The agreement covers the sale of natural gas from the Tendrara Concession in Eastern Morocco over a 10-year period.
Oil Field
Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field
The company plans to invest more than $100bn to develop the field that will make Saudi Arabia one of the world’s largest natural gas producers
Natural Gas
Egyptian Gas Should Start Flowing to Lebanon in the Next 3 Months, U.S. Energy Envoy Says
The governments of four countries in September reached an agreement to pipe gas from Egypt, through Jordan and Syria, to ease the power crisis in Lebanon.
Coal Gasification
China’s Longest Coal-Bed Methane Pipeline Completes, Adding New Momentum to Natural Gas Supply
The Shanxi-Hebei section of the coal-bed methane pipeline starts from Lüliang in Shanxi and reaches Hengshui in Hebei, spanning a total length of 548.95 kilome…
United States
More Gulf of Mexico Work for Seadrill Rigs
While working to emerge from Chapter 11, offshore drilling contractor Seadrill has secured more work for its rigs in the U.S. Gulf of Mexico and added about $0.…
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