Gas

Net Zero Emission

IEA’s Simple Message for Australia: No Place for Gas-Fired Recovery in Net Zero by 2050

The International Energy Agency’s Net Zero says the world should add “no new oil and gas fields … and no new coal mines or mine extensions if it is to achiev…

OPEC

OPEC’s Oil Exports Are Surging By 1 Million Bpd In May

OPEC’s oil exports have jumped by 1 million barrels per day so far in May, while the OPEC+ group started easing the production cuts by 350,000 bpd this month, …

Energy Security

Southeast US Fuel Stocks Rise After Pipeline Restart

Retail fuel supplies in the southeastern US are slowly returning to normal levels after panic buying drained storage following the cyberattack-induced shutdown …

Oil Field

Chevron Shuts in Tamar Gas Field Amid Unrest in Israel

Oil and gas giant Chevron has shut down production at its operated Tamar field located offshore Israel amid escalating violence and tensions in the region.

LNG

Samsung Heavy Industries Completes LNG Pilot Test Facility

Samsung Heavy Industries has started to pursue a "super-gap strategy" in LNG technology by completing an integrated LNG pilot test facility.

Oil and Gas Equipment

Breakthrough in China's Offshore Oil and Gas Core Equipment

The sea trial of the first independently developed underwater Christmas tree system was successful.

Crude Oil

China April Crude Oil Output Up 3.4 pct on yr

China's April domestic crude oil production rose 3.4 percent on year to 16.41 million tonnes.

Crude Oil

Russia Is Making A Mad Dash To Outrun Peak Oil Demand

Several of the world’s largest oil-producing nations have recently made public plans to boost their production capacity.

Oil Field

Iran to Award $1.8 Billion Gas Field Contract to Local Company

Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously inte…

HTGR

Poland Plans Next Stage of HTR Development

Poland's Ministry of Education and Science and the National Centre for Nuclear Research (NCBJ) have signed an agreement for the next round of high temperature g…

Natural Gas

The Future of Natural Gas in ASEAN’s Power Sector

The development of electricity markets in the Association of Southeast Asia Nations is in a dynamic stage, both for demand and supply.

Oil Price

Gasoline Prices hit $3 As Shortages Grow on U.S. Pipeline Outage

U.S. average gasoline prices exceeded $3 a gallon for the first time in more than six years amid growing shortages of fuel across the South and East while Colon…

Oil Price

Oil Prices Set For Biggest Daily Drop Since Early April

Oil prices dropped by almost 3 percent on Thursday morning and were set for the biggest percentage drop since early April, after the restart of Colonial Pipelin…

Hydrogen Project

Australian Gas Suppliers Step Closer to Hydrogen Blending in the Networks

Two projects have been awarded almost Au$61 million in development funding towards hydrogen blending.

Carbon Neutral

Eni to Splash €5.7 bln by 2024 in Carbon-Neutrality Push

Italian oil and gas company Eni has released its Eni for 2020 sustainability report, outlining the company’s path to face the global challenges.