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Gas
Natural Gas
Iraq Still Negotiating With Mediator to Ensure Turkmen Gas Delivery
In light of the electricity crisis facing the country due to the recent reduction in Iranian gas supplies, Iraq revealed on Sunday the latest developments relat…
India
Petroleum Import Declines, Worth Rs. 101BN Imported in Five Months of FY 2024/25
The import of petroleum products has decreased during the first five months of the current fiscal year 2024/25.According to latest trade statistics of the Depar…
Natural Gas
Eni Fires up Africa Oil and Gas FPSO Project
Eni on Saturday successfully started production of Phase 2 at its Baleine field offshore Ivory Coast, which will boost production at the asset to 60,000 barrels…
France
European Electricity Market Prices Rose Over Christmas Week as Wind Power Fell and Gas Rose
In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by …
LNG
Trump Administration to Boost US LNG Exports
Liquefied natural gas (LNG) export in the US is expected to accelerate under the administration of Donald Trump who takes office on Jan. 20, according to a seni…
Oil Price
Azerbaijani Oil Price Exceeds 76$
The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports.The price of Azerbaijani oil per barrel increased b…
Crude Oil
Nigeria’s 2 Million Bpd Oil Production Target Under Threat
The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors r…
Natural Gas
Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking
It was a mixed bag for commodity prices during the final week of 2024. An unexpectedly large drawdown of 4.2 million barrels — according to the Energy Informat…
Oil Pipeline
Turkey Considering Oil Pipeline to Syria: Minister
Turkey is considering a new oil pipeline to Syria that will also link to the Turkey-Iraq pipeline, the minister of energy and natural resources said on Friday.T…
Crude Oil
US Crude Oil Stocks Fall for Fifth Straight Week
US crude oil inventories decreased during the week ended Dec. 27, marking their fifth consecutive weekly decline.Data released today, Dec. 27, by the US Energy …
Natural Gas
Petrobras Informs About New Law for the Oil and Gas Sector
Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s…
Oil&Gas Drilling
ExxonMobil to Begin Drilling in Cyprus’ EEZ in January 2025
ExxonMobil’s drilling rig is set to begin operations in Cyprus’ Exclusive Economic Zone (EEZ) in mid-January 2025, according to Energy Minister Geor…
Green Hydrogen
Green Hydrogen Projects Worth US $21 Billion in Mexico’s Pipeline
The Mexican Association of Hydrogen, Storage, and Sustainable Mobility (AMH2), in collaboration with Mexico’s Ministry of Energy (SENER), will fund 18 clean hy…
Hydrogen Transport
Dunkirk Advances With New Hydrogen Transport Infrastructure
Dunkirk is set to enhance its position as a key natural gas entry point in France by developing a new hydrogen transport network. GRTgaz has taken on the challe…
Hydrogen Technology
China Unveils High-Capacity Hydrogen Gas Turbine to Optimize Clean Energy Use
A Chinese new energy equipment firm has announced the successful ignition of the world's first 30MW-class pure hydrogen gas turbine, offering a key solution…
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