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Gas
CNOOC
CNOOC Fires up Buzzard Expansion Project in North Sea
Chinese oil and gas giant CNOOC Limited has started production from the Buzzard Phase II development located offshore in the UK sector of the North Sea.
Oil & Gas Trade
Iran Signs Gas Swap Deal with Turkmenistan, Azerbaijan
Iran has signed a tripartite agreement with neighbours Azerbaijan and Turkmenistan to facilitate the movement of gas between the two countries.
Crude Oil
U.S. Strategic Oil Reserves Could Fall By 50% Over The Next Decade
The U.S. strategic petroleum reserve could drop by 304 million barrels over the next 10 years according to the EIA
Crude Oil
Iran Plans To Boost Oil Production To 5 Million Bpd
Iran is determined to return to its pre-sanction oil production level of 5 million barrels per day, regardless of how the nuclear deal develops
Nuclear Power Plant
First Hunterston B Reactor Enters Retirement
Hunterston B Reactor 3 - a 490 MWe advanced gas-cooled reactor - was taken offline for the final time at midday on 26 November, marking the end of 46 years of o…
Oil Price
Biden’s Blunder Could Send Oil Prices To $100
Oil prices may have crashed below $70 on Friday due to renewed Covid fears, but if those fears prove to be unfounded then oil prices could soar
Hydrogen Project
Australia’s NSW Passes Hydrogen, Gas Blending Law
Australia's NSW state has passed legislation that will allow blending of hydrogen and biomethane into natural gas pipelines and help achieve a target of having …
Crude Oil
Iran Seeks to Return Oil Output to Pre-Sanction Levels
Iran wants to pump more oil than it did before the Trump administration tightened sanctions, a top official said ahead of high-level nuclear talks whose outcome…
Hydrogen Production
NNL and DNV Partner to Explore Large-Scale Nuclear Production of Hydrogen for UK Gas Network
The UK’s National Nuclear Laboratory and DNV are partnering to explore the potential of nuclear-derived hydrogen to support the conversion of UK gas networks t…
Natural Gas
Largest Natural Gas Storage Begins to Supply Gas to West-East Gas Pipeline
China's largest natural gas storage facility, the Hutubi gas storage under CNPC in Northwest China's Xinjiang Uygur Autonomous Region, began to supply gas to th…
Oil Field
BP Brings Field Offshore Angola on Stream
Oil major BP has started production at the Platina field in Block 18, which is located in the Angolan offshore, approximately 140 kilometres northeast of Luanda…
Wind Turbine
Contract Signing at WindEurope Confirms Energy Industry Commitment to Wind
A confidential owner of oil and gas platforms in the North Adriatic Concession area has contracted renewable energy consultancy Megajoule to install multiple wi…
Hydrogen Production
Nuclear Derived Hydrogen being Explored for UK Gas Grids
The introduction of nuclear derived hydrogen is being explored for UK gas networks to help support key up-coming government policy decisions on the role of hydr…
Crude Oil
Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production
Brazil’s Petrobras plans to invest $68 billion in expanding its crude oil production, a figure that represents 84 percent of its total planned investments for …
Natural Gas
Equinor Shifts Oseberg Output Focus Towards Gas
Norwegian state-controlled Equinor has submitted plans to develop the Oseberg field to become a "substantial gas producer", having been primarily an oil field.
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