Gas

LNG

Russia: Gazprom Opens Natural Gas Fuel Service Stations

Gazprom has launched two new infrastructure facilities for refueling motor vehicles with natural gas, eco-friendly vehicle fuel.

Oil & Gas Trade

Biden Win Could Cause A Huge New Oil Glut

A Joe Biden win at next week's U.S. presidential election could have a significant impact not only on the American oil industry but also on global crude supply …

LNG

China's CNOOC and Sinopec Issue First LNG Tenders on Shanghai Gas Exchange

China National Offshore Oil Corp and Sinopec Corp issued the first tenders to buy liquefied natural gas on the Shanghai Petroleum and Natural Gas Exchange when …

Energy Transition

Enel lifts 2030 Greenhouse Gas Emission Reduction Target to 80% from 70%

Enel, which is committed to full decarbonization by 2050, already decreased direct greenhouse gas emissions by more than 36% in 2019 from 2007 levels.

LNG

ExxonMobil not to Set up LNG Terminal in Pakistan

ExxonMobil, the US-based multinational oil and gas corporation, has decided not to continue with its plans to set up an LNG terminal in Pakistan, as the company…

Crude Oil

China Starts Building $20 billion Mega Petchem Complex in Shandong Oil Hub

China started this week building a mega petrochemical and refining complex in east China’s Shandong province, four months after the $20 billion project receive…

Oil & Gas Trade

Turkey's Gas Imports up 6.5% in August 2020

Total natural gas consumption in August grows 19.5% year-over-year.

Oil Field

BP Starts Gas Production from Qattameya Field, Offshore Egypt

BP has announced the start of gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.…

Oil Price

Oil Plunges To $35 As Lockdowns Return

Oil prices extended their 5-percent slump from Wednesday into Thursday morning, plunging by another 5 percent, with WTI Crude sliding to $35 a barrel.

Crude Oil

OPEC Members Rebel Over Production Cut Extension

Iraq, the United Arab Emirates, and Kuwait - the biggest OPEC producers behind Saudi Arabia – are reportedly not particularly inclined to support a rollover of…

South Africa

Eskom’s Kusile Unit 2 Achieves Full Commercial Operation

South Africa’s power utility, Eskom, announced that Unit 2 at the Kusile Power Station has attained commercial operation status.

Oil&Gas Drilling

Equinor in Two Oil Discoveries Offshore Canada

Norwegian oil and gas company Equinor has made two oil discoveries offshore Newfoundland, Canada.

Gas turbine engine

Doosan Škoda Upgrades Steam Turbine at Swedish Biomass Plant

Doosan Škoda engineers and site operators teamed up to overhaul the DST-G20 steam turbine at a Swedish biomass power plant.

Carbon Neutral

Japan’s Carbon-Neutrality Pledge a Fundamental Shift on Coal Power

Japan, an island nation that is currently heavily reliant on coal and gas power, will be carbon neutral in 2040, the country’s newly appointed prime minister Y…

Oil&Gas Drilling

Neptune Energy Makes Small Oil Discovery off Norway

The discovery is estimated to hold between 0.5 and 3.2 million cubic metres (mcm) of recoverable oil equivalents, NPD said in a statement.