Gas

India

India Clears Plan for Domestic Gas Price Discovery

The Indian cabinet has approved a policy aimed at creating price discovery for domestic natural gas output, part of a series of reforms by Delhi to push the cou…

Crude Oil

Opec Sees Oil Demand Peak Around 2040

World crude demand will make a strong post-Covid-19 recovery in 2021-2023 but will peak somewhere around 2040, Opec said in its World Oil Outlook.

Vietnam

Vietnam Gets Bids for Dung Quat Refinery Expansion

Vietnam's Binh Son Refinery has received bids for a $1.8bn upgrade and expansion project that will increase capacity at its 145,000 b/d Dung Quat refinery by ar…

Oil&Gas Drilling

Oil Exploration In Norway Slumps By A Third

Oil exploration in the Norwegian continental shelf has slumped by close to a third amid the oil price rout.

Oil Price

Oil Prices Soar As Trump’s Condition Improves

Oil prices skyrocketed on Monday morning as U.S. President Donald Trump’s health appears to have improved after testing positive for the coronavirus on Thursda…

Combined Heat and Power

GE Completes Turbine Upgrade at Italian Refinery CHP Plant

GE has completed a technology upgrade on a 9E gas turbine at a combined heat and power plant in Milazzo, Italy.

Crude Oil

Russian Oil Production Tops OPEC+ Quota In September

Russia produced an average of 9.93 million bpd of crude oil and condensates last month, a little above its OPEC+ quota but still down 11.8 percent on the year, …

Oil & Gas Trade

Iraq Boosts Oil Exports Despite OPEC+ Pledges

Despite promises to keep in line with the OPEC+ pact, Iraq – OPEC’s second-largest producer and biggest laggard in implementing the cuts – slightly raised it…

Oil & Gas Trade

Oil Companies Cut More Jobs As Demand Recovery Remains Uncertain

Suncor Energy is cutting as much as 15 percent of its workforce—a total of 2,000 jobs—as demand destruction and low prices have created an adapt or die scenar…

Oil Price

Oil Falls Further After Trump's Positive Test for COVID-19

Oil prices extended losses to more than 3 per cent on Friday after U.S. President Donald Trump said he has tested positive for the coronavirus, while a U.S. sti…

Oil & Gas Trade

Golar Power Offers Top Bid for Petrobras's LNG Import Terminal

Golar Power Ltd has submitted the top bid for a highly-sought-after liquefied natural gas import terminal being leased by Brazil's state-run energy firm Petrobr…

LNG

Singapore's First LNG Bunkering Vessel to be Operational by Year End

The first liquefied natural gas bunkering vessel in Singapore is expected to become operational by the end of this year, providing ship-to-ship bunkering servic…

Gas turbine engine

Russia’s InterRAO to Invest $580m in Gas Turbine Venture with GE

Russian energy holding company InterRAO reportedly plans to invest $580m in a gas turbine joint venture with General Electric.

Gas power plant

Mitsubishi Power to Build 1.4GW Gas Power Plant in Thailand

Mitsubishi Power has signed a contract with Hin Kong Power Company to construct a 1.4GW natural gas-fired combined cycle turbine facility on a turnkey basis.

How Tesla's New Battery Will Destroy Gas Cars

Tesla Battery Day recap: Tesla's new battery technology explained!