Gas

Hydrogen Project

HyNet, InterGen to Develop Zero Carbon Power Plant that Blends Hydrogen and Natural Gas

HyNet North West and InterGen, an independent power producer, have released plans to collaborate on the creation of a zero-carbon power station that blends hydr…

Net Zero Emission

Schlumberger Commits to Reaching Net-Zero by 2050

Giant oilfield services provider Schlumberger is the next company in line to commit to achieving net-zero greenhouse gas emissions by 2050.

Market Analysis

Biden's Silence on Minnesota Oil Pipeline Frustrates Advocates

Line 3, a comparable project to the canceled Keystone XL pipeline, runs counter to the president's stated climate and environmental goals.

OPEC

OPEC+ Discussing Gradual Oil Output Rise from August

The talks mean that OPEC and Russia are likely to find common ground again on oil production policy

Crude Oil

Oil Giants See Crude at $100/barrel on Supply Side Constraints

Global oil markets had one of the most turbulent years in history last year with the coronavirus pandemic sending prices crashing

Crude Oil

Brent Rallies Close to $76 as Markets Remain Tight

Oil also gained from a projected drawdown of US crude inventories

Oil & Gas Trade

Gazprom Plans to Supply 8.5 billion cubic meters of Natural Gas to China This Year

Gazprom said that it plans to supply 8.5 billion cubic meters of natural gas to China this year and double its income from natural gas exports to China.

Oil Field

Iran Kickstarts Production At Giant Offshore Oilfield

Iran has started pumping oil at a giant new reservoir at the offshore Abuzar oilfield in the Gulf.

Market Analysis

German Gas Grid Operators See Big Role for Hydrogen

TSOs’ scenario framework report for 2022-2032 includes study of 500 projects across Germany

Natural Gas

Environmental Knowledge and Solutions Initiative: GECF Explores Consensus on Methane Emissions

It exists in abundance on Earth and has even been found on other planets, including Mars, but this major force of life – methane – can also harm the environme…

Oil Field

Bitcoin Fracking Turns Waste Gas to Digital Gold in Bakken Oil Field

Natural gas produced as a byproduct in Bakken oil production is often flared as waste. Near Sidney, Montana, one company is converting it to cryptocurrency inst…

Energy Transition

Japan Pledges $10 billion Financial Support for Asia’s Energy Transition

Japan on Monday pledged to offer $10 billion financial aid for decarbonisation projects in Asia, such as renewable energy, energy-saving and conversion to gas-f…

Reactivation of the Hydrocarbons Sector Continues with the Colombia Round 2021, which will Offer 32 New Areas to Investors

The National Hydrocarbons Agency (ANH) launched the Colombia 2021 Round that brings 32 new areas to investors, 28 of them offered by the ANH and 4 presented by …

LNG

Chinese Joint Venture Orders Three more LNG Carriers

A joint venture between Chinese state-controlled shipowner Cosco Shipping Energy Transportation and state-owned energy firm CNPC has ordered another three LNG c…

Oil Exploration

Vår Energi Makes ‘Significant’ Discovery in Balder Area

Oil and gas company Vår Energi has made a ‘significant’ discovery of oil and gas in the King and Prince exploration wells in the Balder area in the Southern …