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Gas
Coal Price
NE Asia Coal Prices Jump on Fiercer Competition
A cold snap across the northern hemisphere and fiercer inter-basin competition for fuel amid a decline in Russian natural gas deliveries to Europe supported coa…
Crude Oil
Brent Price Slides Amid Covid Concerns Ahead of Key Opec+ Meeting Next Week
Futures in London slid towards $80 a barrel as crude was swept up in a wave of caution across global markets
China
China Adviser Says Energy Crisis Won’t Stall Climate Action
Forthcoming 2025 energy blueprint seen prioritizing renewables
Hydrogen Fuel Cell
Scientists Develop New Hydrogen Fuel Engine that Can Power Industrial Drones
The Korea Institute of Machinery and Materials said Thursday that it has developed a 5-kilowatt hydrogen fuel engine that can power heavy lift industrial drones…
Oil Price
Goldman Says Oil Prices Already Account for a Joint SPR Release
The White House’s push for releases of oil from national reserves is already fully priced into the market following the drop in crude prices in recent weeks
Crude Oil
Opec's ECB Mulls 66mn bl SPR Release in Jan-Feb
An Opec advisory committee has been considering the possibility that as much as 66mn bl could be released from the strategic reserves of key oil-consuming count…
Oil Refinery
Reliance to Use Gasification Unit at World's Largest Refinery to Produce Hydrogen
The move follows the company's decision to transition away from fossil fuels and tap renewables as its primary source of energy
Oil Field
Daily Natural Gas Supply of Deep Sea No.1 Gas Field Hits 10 million Cubic Meters
China’s first self-operated deep-water gas field exploration facility, Deep Sea No.1 built by China National Offshore Oil Corp in the South China Sea, is alrea…
Crude Oil
Barclays Lifts Brent Oil Price Forecast To $80 In 2022
Brent Crude prices are set to average $80 a barrel in 2022, Barclays said on Tuesday, raising its forecast by $3 as it expects slower supply growth next year an…
Crude Oil
Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover
Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration
Natural Gas
China's Sinopec Raises Daily Gas Supply by 10 million cu m to Cope with Cold Snap
Chinese state-owned oil and gas major Sinopec has increased daily natural gas supply to the north of the country by more than 10 million cubic meters in a bid t…
Energy Technology
China: New Sinopec Downstream Technology Process Developed
China's Sinopec has developed a steam-cracking technology to convert oil directly into high-demand petrochemical products such as ethylene and propylene, cuttin…
Natural Gas
Jonah, PureWest both Reach Natural-Gas Milestones
Separately, Jonah Energy and PureWest are announcing milestones in the privately held companies’ quests to market responsibly sourced natural gas.
Crude Oil
Biden Announces Global Effort to Ease Energy Costs
US president orders 50 million barrels of oil to be released from nation's strategic petroleum reserve
Oil&Gas Drilling
Lukoil Strikes Oil in Waters off Mexico
Russian oil and gas company Lukoil has made an oil discovery within the Yoti West structure at Block 12 located offshore Mexico.
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