Gas

Oil & Gas Trade

Oil to Trade Between $68 and $75 in Second half of 2021 Amid Rising Demand, Iraq Minister Says

Crude prices have increased due to supportive Opec+ policies and growing demand as economies reopen

Oil Exploration

Equinor Makes Minor Oil Discovery in North Sea

Norwegian oil and gas company Equinor has made a minor oil discovery near the Visund field in the North Sea offshore Norway, which will be a tie-in to the plann…

Oil&Gas Drilling

Jadestone to Close Maari Field Deal in 2H 2021

Singapore’s Jadestone Energy expects to complete the acquisition of the 69 per cent operated interest in the Maari asset.

LNG

Crown LNG to Develop LNG Terminal Offshore India

Crown LNG Holding AS, a Norwegian group which specialises in developing LNG infrastructure for harsh weather conditions, has initiated development of an LNG ter…

LNG

China to Overtake Japan as World's Top LNG Buyer in Weeks, ICIS Says

It estimated China's 2021 total LNG demand at 81.2 million tonnes, above 75.2 million tonnes for Japan.

Oil and Gas Equipment

Upgrading 10 Production Wells

Installation of two ESP-systems near Hannover, Germany

Power Construction

Siemens Energy and Mitsubishi Electric Partner on New High-Voltage Switching Solutions

Siemens Energy and Mitsubishi Electric have signed a Memorandum of Understanding to conduct a feasibility study on the joint development of high-voltage switchi…

Oil & Gas Trade

China About To Become Top LNG Importer This Year

China will this year overtake Japan as the world’s largest importer of liquefied natural gas, ICIS Edge, a service of market intelligence provider ICIS, said t…

LNG

CNOOC to Build 6 LNG Storage Tanks at Binhai LNG

Chinese oil and gas player CNOOC has started the construction of six LNG storage tanks at its Binhai LNG import terminal in Jiangsu.

Gas Turbine

South Korea Eyes First Hydrogen Gas Turbine Demonstration in 2027

Stepping up efforts to develop a hydrogen gas turbine, Doosan Heavy Industries & Construction and a consortium of partners will begin South Korea’s first large…

Oil & Gas Supply

Uganda Stands to be one of Sub-Saharan Africa’s Top Five Oil Producers by 2025

With the East African Oil Pipeline project recently getting the go-ahead, Uganda is set to produce its first oil as early as 2025 and production in the next fiv…

Electric Car

New Zealand Told to have EV Policy by Mid-2022

Petrol and diesel cars accounted for around 11mn t of carbon dioxide equivalent (CO2e), or about 14pc of New Zealand's total greenhouse gas emissions, in 2019.

Oil Pipeline

Keystone Pipeline Cancelled After Biden Blocks Permit

Construction on pipeline began last year when former president Donald Trump revived the long-delayed project

Gas turbine engine

Mitsubishi Power Creates EMEA Gas Turbine Combined Cycle Business Unit, To Be Headquartered In UAE

As part of this expansion, Khalid Salem, President of Mitsubishi Power Middle East, and North Africa will take on a new role as the GTCC Business Unit Leader fo…

Hydrogen Project

Siemens Gamesa Outlines Green Hydrogen Plan

White paper offers ways to deliver cost-competitive gas from onshore wind by 2030