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Gas
Oil Refinery
PetroChina’s Jieyang Refinery Plans Start-up Next Year
Chinese state-controlled firm PetroChina's under-construction 400,000 b/d Jieyang refinery in south China's Guangdong province is targeting a start-up in the fi…
Crude Oil
Rystad Energy Sees Oil Demand Peaking In 2026
The accelerating adoption of electric vehicles and electrification in other oil-consuming sectors is set to bring peak oil demand as early as 2026 at 101.6 mill…
Crude Oil
OPEC+ Unlikely To Drastically Change Oil Pact Next Week
The OPEC+ group is unlikely to make any material changes next week to the plans to ease the production cuts over the next three months.
Oil Price
Angola May Privatize State-Owned Oil Firm To Boost Production
OPEC member Angola was Africa’s top oil producer six years ago when oil prices crashed in 2015-2016, slashing oil-producing countries’ revenues and forcing in…
Thermal Plant
Stone City Energy to Build Power Plant in Uzbekistan
Uzbekistan's Ministry of Energy has signed a $1.2bn deal with Dutch-registered company Stone City Energy for a gas turbine power plant.
LNG
Japan Backs LNG Project Financing Ahead of Biden Climate Change Summit
State-owned Japan Oil, Gas and Metals National Corporation said April 20 that it will step up financial support for LNG projects and enhance its market informat…
Oil & Gas Trade
Japan Eyes Vietnam for ASEAN Oil-Sharing Deal
Japan is targeting Vietnam for what will be its first oil-sharing deal with a Southeast Asian nation as Tokyo attempts to ensure an uninterrupted supply of petr…
Hydrogen Technology
SoCalGas and H2U Technologies Test Green Hydrogen Technology
Electrolysers use electricity to split water into its components—oxygen and hydrogen.
Oil & Gas Trade
World’s Largest Oil Trader Expects Strong Demand Rebound This Year
Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million barre…
Crude Oil
China Cuts Saudi, Russia Crude Imports in March
China imported less crude from top suppliers Saudi Arabia and Russia in March compared to a month earlier, while boosting arrivals from Brazil and the UAE, cust…
Oil Price
US Oil Surges Above $64 on Anniversary of Sub-Zero Plunge
Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility
Oil Field
Iraq Awards China’s Sinopec Contract to Tap Natural Gas Resources
China’s state-run Sinopec energy company won a deal to develop a major gas field in eastern Iraq.
Carbon Emissions
IKEA Owner Sets Aside 4 bln Euros for Green Power Projects
Companies of all kinds are increasing their investment in a lower carbon future in response to investor pressure and as momentum builds ahead of the next round …
Coal Gasification
Cabinet Okays Subsidy for Urea Produced via Coal-Gasification by Talcher Fertiliser
The Union Cabinet on Tuesday approved an "exclusive subsidy policy" for urea fertiliser produced through coal-gasification by Talcher Fertilizers Ltd (TFL).
Thermal Plant
GE Announces Launch of 500MW Power Plant in Iraq
GE Gas Power has announced the official opening of the Samawa Power Plant in Iraq’s Al Muthanna governorate.
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