Gas

Oil & Gas Trade

The Iranian Oil Tanker has Departed From Gibraltar after the British Overseas Territory

The Iranian oil tanker at the center of a diplomatic dispute has departed from Gibraltar after the British overseas territory rejected a US demand to seize the …

Oil&Gas Drilling

OPEC Oil Production Dips on , Saudi Arabia, Nigeria, Others' Cuts

The Organisation of Petroleum Exportig Countries (OPEC’s) crude oil production fell by another 246,000 barrels per day (bpd) last month compared to June.

Shale Gas

UK Government Has Authorised the Commencement of Fracking in Lancashire

The UK government under recently-appointed Prime Minister Boris Johnson has set out its position on hydraulic fracturing, also known as fracking, and allowed Cu…

Ulsan Plans to Build South Korea's First Pipeline System to Supply Hydrogen

The city signed an agreement with six agencies and businesses including the Korea Gas Safety Corp. (KGS) on Tuesday to build pipelines between hydrogen filling …

Shale Gas

Russian Giant Gazprom Saw the Highest Production Growth

Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the US and China, while BP dominates among th…

Oil&Gas Drilling

What is Hydraulic Fracturing？ A Controversial Source of Energy

The US is the world leader in fracking and natural gas in the world. Fracking, also known as hydraulic fracturing, is a common target for environmental protesto…

Oil&Gas Drilling

NNPC Called on the Chinese Government to Increase its Investment in the Nigerian Petroleum Industry

The Nigerian National Petroleum Corporation, NNPC, Thursday, called on the Chinese government to increase its investment in infrastructural development in the N…

Oil & Gas Trade

An Iranian Oil Tanker Seized by British Royal Marines will be Released

Gibraltar Chief Minister Fabian Picardo said that the Grace 1 would be released on Thursday, adding that Gibraltar authorities would not renew the order to deta…

Oil & Gas Trade

How Do U.S. Sanctions Affect the Sector?

In January the United States imposed sanctions on Venezuela’s most important global business - producing and selling crude oil, which accounts for more than 95…

Oil & Gas Trade

IEA Warns Global Oil Situation is Becoming Even More Uncertain

Mounting signs of an economic slowdown and a ramping up of the US-China trade war have caused global oil demand to grow at its slowest pace since the financial …

Energy Storage Battery

50 Hydrogen Fuel Cell Vehicles to the Private Sector Supplied by Cheonan

In its recent announcement, Cheonan City announced that it will supply 50 hydrogen fuel cell vehicles to the private sector to reduce fine dust and reduce green…

Oil&Gas Drilling

The Upheaval in the UK North Sea Looks Set to Continue with US Oil

The upheaval in the UK North Sea looks set to continue with US oil and giant ExxonMobil reported to be considering exiting the area after more than 50 years.

Oil Price

Oil Prices Continued to Rally Yesterday as the Trade War Stoked Fears

Oil prices continued to rally yesterday, following reports that the United States has decided to delay the next round of tariffs that were to be imposed on Chin…

Oil Price

Crude Oil Futures Retreated from Overnight Highs

Crude oil futures retreated from overnight highs, spurred by signs of a thaw in US-China tensions, during mid-morning trade in Asia Wednesday on profit-taking f…

Offshore Oil and Gas Brazil 2019

Endless Discovery in Brazil and Pay Our Respects to the FPSO Kingdom!