Gas

Hydrogen Fuel Cell
Australian Demonstration Project will Convert Biogas to Hydrogen
Australia-based Hazer Group on July 31 announced its board has made a final investment decision to proceed with the development of a commercial demonstration pl…
Azerbaijan Stuck to Opec+ Quota in July
Azerbaijan produced 553,800 b/d of crude last month, unchanged from June and fully in line with its Opec+ commitment, according to preliminary data from state-o…
Oil&Gas Drilling
Neptune Energy Makes 'Significant' Oil Discovery in Norway
Britain's Neptune Energy and its partners have discovered oil at a jointly owned drilling license in the Norwegian part of the North Sea.
Oil & Gas Trade
Ukraine Says no Plans to Resume Gas Purchases from Russia
Ukraine's state energy firm Naftogaz said it would not resume buying natural gas from Russia.
United Kingdom
BP Cuts Dividend for First Time in a Decade After Record Loss
The dive into the red came after the firm slashed the value of its oil and gas exploration assets in response to price forecasts.
Oil&Gas Drilling
U.S. Offshore Rig Count at 12 for Four Weeks Straight
The U.S. offshore rig count has remained flat for another week, making this the fourth week straight with 12 active units.
Crude Oil
Russia is Raising Crude Oil Output as OPEC+ Cuts Ease
OPEC+ producers from Aug. 1 have agreed to slim their output cuts to 7.7 million barrels per day from 9.7 million bpd.
Nigeria
Nigeria Govt Reiterates Pledge to Unlock Opportunities in Gas Sector
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said Africa, particularly Nigeria, has huge gas resources which can…
Oil Price
ExxonMobil Posts First Consecutive Quarterly Losses Since the Mid-80s
Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.
Russian Federation
Poland Fines Gazprom $57 million over Nord Stream 2
Poland’s antimonopoly watchdog UOKiK said on Monday it had fined Gazprom 213 million zloty ($57 million) (GAZP.MM) for lack of cooperation in its proceedings w…
Crude Oil
Iran Clears Oil Spill in Northern Gulf Region
Iranian teams have cleaned up an oil slick near field in the northern region of the Gulf that had extended over a six-square-km area.
Combined cycle power plant
ADB to Finance RBLPL’s 718MW Power Plant in Bangladesh
The Asian Development Bank has agreed to provide $200m to Reliance Bangladesh LNG and Power to construct and operate a 718MW combined-cycle gas-fired power plan…
Market Analysis
European Oil Major Trading Units Provide Buffer in Rough Second Quarter
The trading units of European oil and gas majors have shielded their second-quarter results from the full force of the corona-induced collapse in demand for fue…
Market Analysis
Oil Demand May Never Recover from COVID-19 Crisis, says Shell CEO
Global oil demand might never return to levels seen before the outbreak of the COVID-19 epidemic.
Energy Technology
Canada to Announce Blue Hydrogen Blueprint
The federal and Alberta governments are seeking to build on existing hydrogen and natural gas production, with longer term plans for green hydrogen.

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Gas

Australian Demonstration Project will Convert Biogas to Hydrogen

Azerbaijan Stuck to Opec+ Quota in July

Neptune Energy Makes 'Significant' Oil Discovery in Norway

Ukraine Says no Plans to Resume Gas Purchases from Russia

BP Cuts Dividend for First Time in a Decade After Record Loss

U.S. Offshore Rig Count at 12 for Four Weeks Straight

Russia is Raising Crude Oil Output as OPEC+ Cuts Ease

Nigeria Govt Reiterates Pledge to Unlock Opportunities in Gas Sector

ExxonMobil Posts First Consecutive Quarterly Losses Since the Mid-80s

Poland Fines Gazprom $57 million over Nord Stream 2

Iran Clears Oil Spill in Northern Gulf Region

ADB to Finance RBLPL’s 718MW Power Plant in Bangladesh

European Oil Major Trading Units Provide Buffer in Rough Second Quarter

Oil Demand May Never Recover from COVID-19 Crisis, says Shell CEO

Canada to Announce Blue Hydrogen Blueprint