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Gas
Crude Oil
UAE’s Energy Ambitions Extend Far Beyond Oil
If 2020 taught us anything it was the need for self-sustainability and the drive for cleaner energy moving into the next decade, as oil demand plummeted.
Oil and Gas Equipment
Ukraine’s Exchange Launches Gas Storage Trading
Ukraine's energy exchange UEEX plans to introduce trading products for gas held in underground storage facilities under the customs-free warehouse regime from l…
Oil Field
Equinor Makes Oil Discovery Near Norway's Troll Field
Equinor said in a separate statement that the reservoir is expected to contain between 44 million and 69 million barrels of oil equivalent
Hydrogen Production
Hyosung Heavy Industries to Build World's Largest Liquefied Hydrogen Plant
Hyosung Heavy Industries announced on Feb. 5 that it has signed a joint venture deal with Linde plc, the world’s largest industrial gas company, to promote its…
Oil Pipeline
US Gulf CHOPS Crude Pipeline Restarted
Genesis' Cameron Highway Oil Pipeline System in the US Gulf of Mexico resumed service earlier today after being offline since hurricane damage to an associated …
Oil&Gas Drilling
Neptune Picks up Permit for North Sea Appraisal Well
The Norwegian Petroleum Directorate has granted Neptune Energy a drilling permit for an appraisal well offshore Norway.
Crude Oil
Saudi Arabia Raises Oil Prices To U.S. And Europe
The world’s top oil exporter, Saudi Arabia, raised on Thursday the prices of all its crude oil that will go to the United States and Europe in March while leav…
Video: World’s Longest Subsea Pipeline | Megastructures
World’s Longest Subsea Pipeline
OPEC
Oil Prices Rally As OPEC+ Maintains Its Production Policy
The Joint Ministerial Monitoring Committee of the OPEC+ group wrapped up their monthly meeting on Wednesday in record time and, as widely expected, did not make…
Crude Oil
U.S. Oil Production On Course To Hit Record Levels In 2023
U.S. oil production fell sharply in 2020, but the Energy Information Administration is expecting it to pick back up and even set new records in just two years, …
Gas turbine engine
EGA, Mubadala and Dubal Holding Fire up Siemens Gas Turbine at Jebel Ali Power Plant
New power block at EGA in Jebel Ali is under development by JA Power & Water Company, a joint venture between Mubadala and Dubal Holding
LNG
Russia's Rosneft Looks to Arctic to Ramp up LNG Output
The projects were considered as part of its LNG strategy at a meeting chaired by Deputy Prime Minister Alexander Novak last month
Oil & Gas Trade
Nigeria's Crude Oil Exports Hit Three-Year Low
West Africa's oil exports slumped to the lowest level in at least three years last month as infrastructure woes for some of Nigeria's biggest streams combined w…
Crude Oil
African Members’ Production Troubles Offset OPEC’s Planned Increase
OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations.
Crude Oil
OPEC+ Now Sees Weaker Oil Demand Growth For 2021
OPEC+ expects global oil demand to rise by 5.6 million barrels per day this year—lower estimated growth than OPEC’s assessment of 5.9-million-bpd demand incre…
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