Gas

Gas Turbine

Caterpillar China Tianjin Ltd. Manufactures First Gas Engine For Oil & Gas Application

Caterpillar Oil & Gas has manufactured its first gas engine at Caterpillar China Tianjin Ltd. (CTL) for oil and gas applications. According to Caterpillar.

Oil Field

'Roadmap' Ready to Douse Assam Oil Well Fire

A 'roadmap' has been chalked out to douse Assam's oil well fire, which continues to blaze for the fourth day on Friday and has till now claimed two lives.

LNG

Liquefied Gas Tank Explosion in Russia's Kazan kills 1, Injures 3

A gas explosion at a Gazprom distribution centre in the Russian city of Kazan has killed one person and left three injured.

Oil Price

Rosneft Launches "Denationalization" Reorganization

Russia's largest state-owned oil company Rosneft experienced its first quarterly loss in eight years.

Oil & Gas Trade

PGNiG to Supply LNG to LG Electronics in Poland

Polish oil and gas company, PGNiG, has announced a new deal to supply liquefied natural gas (LNG) to South Korean electronics manufacturer, LG Electronics.

Oil Price

Oil Drops More than 8% as Fears Over Second Wave of Coronavirus Cases Hit the Market

Oil prices dropped more than 8% on Thursday amid a broader market sell-off as fears over a second wave of coronavirus cases led to investors shedding assets.

Power Construction

Siemens Gas and Power Wins Contract for Converter Stations in Greece

A consortium led by Siemens Gas and Power has secured a turnkey contract from Ariadne Interconnection for converter stations in Greece.

Crude Oil

OPEC+ Delivers 85% Compliance on Oil Output Cuts in May: S&P Global Platts Survey

OPEC and its allies slashed almost one-fifth of their crude oil production in May.

Africa Energy

Libya's Oil Company Says Largest Oil Field Shut Down Again

The country's largest oil field to halt work just hours after it restarted operations.

Oil & Gas Trade

Russia to Solidify Position as World's Largest Natural Gas Exporter Over Next 5 Years

Russia is projected to continue strengthening its position as the world’s leading exporters of natural gas over the next five years as its production growth wi…

China Energy

The First Large Oilfield of 100 Million Tons was Discovered in the Northern Area of Laizhou Bay, China

"The first large oilfield of 100 million tons was discovered in the northern area of the Laizhou Bay in China's Bohai Sea!" This Kenli 6-1 oilfield has proven o…

Market Analysis

Wind and Solar will Each Provide more New Capacity than Natural Gas

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), wind, solar, and hydropower provided 100…

Crude Oil

Refineries Around Asia Join Chinese Peers in Ramping up Oil Output

Refineries from India to South Korea are expected to join their Chinese counterparts in ramping up production from June.

Oil Field

Massive Fire at Assam's Baghjan Oil Well

A massive fire engulfed the damaged Baghjan oil well on Tuesday which has been spewing gas uncontrollably for the last 14 days in Assam's Tinsukia district.

Gas Turbine

General Electric Gets New Order from Japanese Power Producer JFE

General Electric has secured a new order from Japanese power producer JFE Steel for upgrading a gas turbine at Chiba Power Plant.