Gas

Crude Oil

Top U.S. Shale Producer Worries Oil Prices could Run too Hot

Scott Sheffield, the chief executive of top U.S. shale producer Pioneer Natural Resources Co, on Tuesday said he worries oil prices could get too high and furth…

Hydrogen Project

South Korea's Kogas Steps up Hydrogen Production Drive with Plans for Three Plants

State-owned Korea Gas Corp., one of the world's biggest LNG buyers, plans to build three hydrogen production plants in South Korea as part of efforts to achieve…

Oil Price

Saudi Arabia Hikes Oil Prices Despite Omicron Fears

Arab Light will next month sell for $0.60 more per barrel than it does this month for buyers in Asia

Oil Pipeline

Germany: Nord Stream 2 Cannot Begin Operations Until Certified

The Russia-led Nord Stream 2 gas pipeline cannot start sending natural gas to Europe until it is certified by German authorities, which have suspended the certi…

LNG

QatarEnergy Enters Long-Term LNG Supply Agreement with China’s Guangdong Energy Group

QatarEnergy said that it has entered an agreement with Guangdong Energy Group Natural Gas Co for the supply of one million tons per annum of LNG to China over a…

Oil Field

Shell Pulls Out of Cambo Oilfield

SHELL has pulled out of the Cambo oilfield project, saying that the economic case for investment isn’t strong enough.

Oil Field

Aramco awards $10B in Contracts for Vast Jafurah Shale Gas Field Development

In late November, the Saudi Arabian Oil Company announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas …

LNG

Energy Regulator approves five LNG Storage Licences for DNG Energy

The Energy Regulator has approved five site licences for the importation and storage of liquefied natural gas (LNG) by black-owned energy company DNG Energy.

Waga Energy and Meridiam Secure Refinancing of Four Biomethane Units from French Banks Consortium

The deal underpins Waga Energy’s ability to rely on financial institutions to deploy its innovative WAGABOX® gas-to-biomethane technology.

Electricity Transmission

APA Plans for Hydrogen in Victorian Grid

Energy infrastructure business APA Group has unveiled plans to introduce hydrogen into the Victorian gas transmission system.

Gas turbine engine

Mitsubishi Power Upgrades Gas Turbines at Senoko Energy to Reduce 15,000 Tons of Carbon Emissions Annually

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. has completed upgrade works for two GTCC power plants with M701F gas turbines at …

LNG

Korea Shipbuilders Win 91% of Global LNG Carrier Orders in Jan.-Nov. Period

Korean shipbuilders won 91 percent of the global orders for liquefied natural gas carriers in the January-November period of 2021.

Oil & Gas Trade

Iran Delivers Fourth Crude Condensate Cargo To Venezuela

Iran has delivered the fourth cargo of crude oil condensate to Venezuela since the start of this year.

Oil Price

Goldman Remains Bullish On Oil Despite OPEC+ Decision

Goldman Sachs commodity analysts remain bullish on oil prices despite yesterday’s decision by OPEC+ to add another 400,000 bpd to combined production next mont…

Nuclear Reactor

UK Selects HTGR for Advanced Reactor Demonstration

The UK will build a high-temperature gas reactor as the centrepiece of its Advanced Modular Reactor Research, Development & Demonstration Programme.