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Gas
Crude Oil
Indian Refinery Runs Edge Higher in June
Indian refining throughputs rose back above 4mn b/d in June in a partial recovery from the Covid-19 downturn, but remained well below year-earlier levels.
Oil Field
Shell Gets Green Light for Brent Alpha Jacket Decommissioning Plan
UK authorities have approved Shell’s decommissioning plan for the Brent Alpha jacket, located in the UK sector of the North Sea.
Microgrid
Cummins Gas-Fired Generator Selected for Aussie Gold Mine Microgrid
Cummins has installed one of its lean-burn gas generators for a microgrid project at an Australian gold mine.
Oil Price
Oil Prices Edges up on Weak Dollar, U.S.-China Tensions Weigh
Brent crude LCOc1 was up 26 cents at $43.57 a barrel at 0944 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 was up 29 cents at $41.36.
United Kingdom
Centrica to Sell US Business for $3.6bn as First-Half Profit Falls
British Gas owner Centrica said it was selling its US energy business to NRG Energy $3.6bn (£2.87bn) as part of a plan to turn the company around.
Watch Neptune Install Subsea Equipment for Two North Sea Projects
Neptune Energy has successfully installed subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in the Norwegian s…
Coal Trade
South Korean 2H Coal Demand Faces Headwinds
Power sector coal demand in South Korea faces the dual headwind of rising nuclear availability and increasingly competitive gas prices.
Oil & Gas Trade
US Crude Floating Storage Shifts Toward Asia
Adds US crude export pricing context.
LNG
Golar to Supply LNG to Norsk Hydro Aluminum Smelter
LNG and energy firm Golar Power signed a memorandum of understanding with fellow Norwegian firm Norsk Hydro to supply LNG to its Hydro Alunorte smelter.
Gas power plant
European Investment Bank Supports Gas-fired Power Plant in Greece
The European Investment Bank has agreed to provide a loan to Mytilineos for the construction of an 826MW combined-cycle gas turbine power plant in Greece.
LNG
Chan May LNG to Build Power Project in Vietnam with $6bn Investment
US-Vietnamese joint venture Chan May LNG has reportedly planned to invest nearly $6bn in a power project in Vietnam.
Wind Power Project
Ball Signs Agreements to Strengthen 100% European Renewable Energy Goals
The wind developments in Spain and Sweden will collectively enable Ball to reduce its Scope 2 greenhouse gas emissions generated in Europe by approximately 60% …
Coal-Fired Power Plants
U.S. Gas-Fired Plants Convert Nearly Half of Fuel to Power
More than 60 percent of the energy consumed by U.S. utility-scale power generation facilities was lost in the conversion to electricity last year, according to …
Oil & Gas Trade
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.
Saudi Arabia
Saudi Arabia’s Oil Exports Fall 65% in May, WTI Regains $42
Citing official data, Oil exports from Saudi Arabia, the OPEC’s top producer, fell by 44,277 million riyals (USD12 billion) or 65.0% in May 2020.
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