Gas

Carbon Neutral

Japan PM Suga Sets 2050 Deadline for Carbon Neutrality

Japan's Prime Minister Yoshihide Suga on Monday set a 2050 deadline for the world's third-largest economy to become carbon neutral, significantly firming up the…

Oil & Gas Trade

South Korea Increasing LNG Imports from the United States

The United States’ LNG exports hit an all-time high with a year-on-year increase of 40.1 percent. South Korea, the largest importer, increased its imports by 2…

New Deal Between Australia and Singapore on Low-Emissions Technology

Australia and Singapore have agreed to collaborate on development of new technology to reduce emissions, with a memorandum of understanding to be signed on Mond…

Crude Oil

Putin Leaves Door Open for Opec+ Cuts Extension

Russian president Vladimir Putin says that Opec+ could maintain or even deepen its existing crude production cuts next year, the first time Russia has acknowled…

Oil Price

Global Oil Prices to Recover in 2021, Reaching $44 pb: World Bank

In its semi-annual commodity markets outlook report, which focused on the impacts of the COVID-19 pandemic on such markets, the WB said that oil prices are expe…

Biobattery

Honeywell Installs 100th Biomethane Injection Station to GRDF

Honeywell on Oct. 13 announced the installation of its 100th biomethane grid injection station to GRDF, the primary gas distribution operator in France, to supp…

Oil Shale

Argentina to Subsidize Shale Gas Production With $5.1 Billion

Argentina will give subsidies of a total of US$5.1 billion to shale gas drillers in an attempt to revive production in its Vaca Muerta shale play and attract as…

Crude Oil

Biden's Warning on Oil Tests Voter Resolve on Climate Change

The plan implied that he would wean the U.S. off oil and gas, but Biden wasn't so explicit about the industry's fate - until Thursday night.

Oil & Gas Trade

US Crude Stocks Dip, Gasoline Inventories up: EIA

US crude stocks and distillate inventories fell while gasoline inventories rose, the Energy Information Administration said on Wednesday.

Energy Transition

Cooling Labeled a Blind Spot in Addressing Climate Change

Past research suggests that growing international demand for cooling has the potential to drive one of the most substantial increases in greenhouse gas emission…

Carbon Neutral

China CNOOC Says to Raise Gas' Share to Half of Output by 2035

China's national offshore oil and gas producer CNOOC Ltd said on Thursday it aims to raise the share of natural gas to make up half of its total output by 2035 …

CNPC

CNPC Open Day In Madeisland：Myanmar-China Oil and Gas Pupeline Project

On August 25, the first stop of the "Open Day" of CNPC's overseas projects-the China-Myanmar oil and gas pipeline project "Cloud Open" was officially launched.

Energy Technology

Mitsubishi Power Receives Order from Serbia for Flue Gas Desulfurisation Systems

Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries Group, has received an order for two sets of one of the world’s largest flue gas desulfurisation …

Biomass Power Plant

First of Its Type Biogas Plant Inaugurated in Brazil

Brazilian biofuel company Raizen’s Bonfim biogas plant, the first commercial-scale facility of its type, is in operation.

Oil Price

Oil Prices Rebound On Small Crude Draw

Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 1 million barrels for the week to October 16.