Gas

Oil&Gas Drilling

Ghanaian Firm Springfield Makes Historic Oil Discovery of 1.2bn Barrels in Deepwater

The company last month commenced its drilling activity in the West Cape Three Points Block 2 and a little over a month later made a discovery that was set to be…

Gas turbine engine

Ansaldo Energia Wins New Orders In Worth Half A Billion Euros

Ansaldo Energia will supply the main components of four AE94.3A gas turbines for China Datang Group and will supply two AE64.3A gas turbines for State Power Inv…

Germany Adopts Climate Protection Act

Renewables industry groups say the new law is not enough for Germany to achieve its GHG reduction goals.

Market Analysis

IEA : The Share of Natural Gas in the African Energy mix Will Increase from 5% to 25% by 2040

According to the energy outlook of the International Energy Agency (IEA), the share of natural gas in the energy mix of the African continent will increase from…

Crude

Russia Plans To Boost Crude Oil Exports

Russia expects to increase its crude oil exports by around 400,000 bpd-500,000 bpd to more than 5.6 million bpd within five years, Energy Minister Alexander Nov…

Crude

Russia Sent 17.8% Less Crude Oil to Germany in Jan-Sept

Russia reduced exports of crude oil to Germany in the year to September by 17.8%, still reflecting a halt in the Druzhba pipeline between April and June due to …

Market Analysis

Study Finds Climate Impact of Hydropower Varies Widely

A new study by a team at Environmental Defense Fund finds that the climate impact of hydropower facilities varies widely throughout the world and over time, wit…

Thermal Plant

Siemens Overhauls Turbine at 794-MW Gas-Fired Plant in Hungary

Siemens has worked with owners to complete a major overhaul at an Hungarian gas-fired power plant. The German-based power manufacturer collaborated with MET Ass…

Crude

China Oct Refinery Output Rises 9.2% from Year Ago to Second-Highest Ever

China’s crude oil throughput in October rose 9.2% from a year earlier to the second-highest on record, as refineries in the world’s second-biggest oil consume…

Solar Power Plant

IEnova Switches on 41-MW PV Plant in Mexico

November 14 - Mexican power and gas utility Infraestructura Energetica Nova SAB de CV (IEnova) announced on Wednesday it has put online a 41-MW photovoltaic (PV…

Ammonia

China's New Coal Gasification Technology Makes Ammonia Production More Environment-Friendly

A new coal gasification pilot project has started to provide gas feed to ammonia production in northwest China's Gansu Province, making the production process m…

Gas turbine engine

Two High Efficient Air-Cooled Gas Turbines Are Underway in Malaysia by GE

General Electric Company (GE) believes gas-powered generation will compliment renewable energy (RE) in line with the government’s aspiration to increase to use…

Oil&Gas Drilling

Pakistan, China Agree to Work on Four Key Projects for Oi l& gas

Pakistan and China have agreed to include four key projects for oil and gas cooperation including finalisation of feasibility study on South North Gas Pipeline …

Oil & Gas Trade

BNP Paribas Analysis Says Demise of Big Oil Is Coming Within A Decade

According to a new analysis by BNP Paribas, the big oil industry is “now in relentless and irreversible decline,” mostly thanks to the dip in prices for batte…

Oil & Gas Trade

Global Oil Demand to Hit a Plateau Around 2030, IEA Predicts

Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century, the …