Gas

Oil & Gas Trade

United States bump LNG exports in March

The United States increased the liquefied natural gas (LNG) exports in March with European countries remaining the top customers.

Energy Technology

Wärtsilä Developing Hydrogen Technology for Shipping

The hydrogen technology is one of a series of unprecedented engine and gas supply systems being developed in wartsila.

Oil Shale

U.S. Oil Output from Major Shale to Drop in June to Nearly Two-Year Low

U.S. crude production from seven major shale formations is expected to fall by a record 197,000 barrels per day in June to 7.822 million bpd, the U.S. Energy In…

Crude Oil

PetroChina's Dalian Refinery to Resume Operations in Late-June

PetroChina said on Tuesday its subsidiary refinery Dalian Petrochemical Corp, which kicked off an overhaul on April 8, is expected to resume operations in late-…

Oil & Gas Trade

Russia’s Oil Giant Rosneft Quits All Venezuelan Operations

Russia’s largest oil producer, Rosneft, confirmed on Friday that it had discontinued all operations in Venezuela, including in joint ventures, trading, and oil…

Oil Shale

No One Expected U.S. Shale Oil Output Cuts to Happen So Fast

In brokering the end to the global oil-price war last month, the Trump administration assured leaders that America’s shale patch would throttle back production…

America：Alliant Energy Natural Gas Plant on Line

Public utility company Alliant Energy brought a natural gas-fired power plant on line today in Wisconsin.

LNG

Daewoo E&C Won a Liquefied Natural Gas Plant in Nigeria

The company will build a plant that can produce 8 million tons of LNG and additional facilities.

Oil Shale

U.S. Shale Could Crush the Oil Market Recovery

As the two petro-nations duked it out, the global oil glut ballooned to a massive oversupply and oil storage deficiency that persists today.

Oil Shale

Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy

Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday.

Gas Turbine

Siemens Powerhouse Gas Turbine Travels to the UK for Testing

The largest, most powerful, and most efficient heavy-duty gas turbine that Siemens has produced to date was loaded onto an inland cargo ship today in Berlin

Oil & Gas Trade

Saudi Oil Rush Threatens to Disrupt Stabilizing U.S. Crude Market

An armada of Saudi tankers brimming with crude heading to American shores is raising concern over storage space just as a U.S. glut shows signs of easing.

Oil & Gas Trade

Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand

The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.

Oil & Gas Trade

Saudi Loss of China Oil Market Share Likely Brief

Saudi Arabia’s loss of oil market share in China last month to Russia and Iraq is likely to be fleeting, with analysts saying shipments from the kingdom to Asi…

Oil & Gas Trade

OPEC+ Responds to Oil Market Collapse with Surprise Urgency

​The 23-nation coalition is well on its way to cutting 9.7 million barrels of daily crude output, roughly 10% of global supplies.