Gas

Crude Oil

Lundin Energy Boasts Carbon Neutral Oil Production

Lundin Energy, a minority partner of Equinor in the giant Norwegian oilfield Johan Sverdrup, said on Wednesday that all future barrels of it would sell from Wes…

Electric Car

Amsterdam Expands EV Charging Stations with TotalEnergies

Oil and gas majors continue to play a critical role in accelerating the electrification of the transport sector as the energy transition intensifies.

Carbon Emissions

German Energy Agency Urges Negative Emissions Plan

Germany needs a strategy to rapidly upscale and deploy negative greenhouse gas emissions technologies, the country's energy agency Dena said today.

Hydrogen Project

Japan’s Iwatani Plans Hydrogen Venture in Australia

Japanese gas supplier Iwatani plans to open an office in Brisbane on the west coast of Australia in July, targeting to accelerate development of its hydrogen su…

Crude Oil

Equinor Delays Restart of Brazil Oil Field to 2022

Norway's Equinor plans to restart production and complete a second development phase at the Peregrino offshore oil field in first half 2022, extending an interr…

Crude Oil

Mercuria Sees Opec+ Control Keeping Crude Around $70/bl

Crude prices are likely to stay at about $70/bl "for a while", as Opec+ will use some of its spare capacity and boost production if prices top $75/bl in order t…

Coal Trade

South Korean Coal Imports Drop in May

Competitive gas prices and coal-fired plant restrictions trimmed South Korean thermal coal imports on the year in May, although receipts from Australia are at a…

Gas power plant

Wartsila to Set up 30-MW Power Plant for Oil India in Assam

The power plant is scheduled to be commissioned in November 2022

Nuclear Power Plant

China Says Radiation Levels Normal At Taishan Nuclear Plant

China said Tuesday radiation levels remained normal at one of its nuclear power plants and there were no safety concerns, after the station's French operator re…

Carbon Emissions

G7 Plans to Announce the Goal of Halving Greenhouse Gas by 2030

​The Group of Seven summit to be held in Cornwall, England in 2021 will be closed on June 13 local time.

Oil & Gas Trade

ExxonMobil Exit Delay Threatens Baghdad’s Oil Future

Disagreements prompting the delay to ExxonMobil's exit from Iraq's West Qurna 1 field could have longer-term ramifications for Iraq's upstream oil and gas secto…

Crude Oil

Pharos Energy Finds Oil in Two Reservoirs at Egyptian Well

The Batran-1X commitment exploration well was drilled 4 kilometers west of the Main Tersa-1X well

Crude Oil

Minnesota Court Affirms Approval of Line 3 Oil Pipeline

The Minnesota Court of Appeals on Monday affirmed state regulators' key approvals of Enbridge Energy’s Line 3 oil pipeline replacement project, in a dispute th…

Oil Price

Oil Steadies After Hitting 2-yr High as Demand Hopes Face Supply Growth

Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as growing U.S. crude production and Britain's delayed C…

Oil Pipeline

Merkel Says Discussed with Biden His Upcoming Meeting with Putin, Nord Stream 2

German Chancellor Angela Merkel said on Saturday that she discussed with US President Joe Biden at the G7 summit his forthcoming meeting with Russian President …