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Gas
China
India to Surpass China as Leading Contributor to Global Oil Consumption Growth in 2024, 2025
India has become the primary driver of growth in global oil consumption for 2024 and 2025, surpassing China, which consistently led global oil consumption growt…
Natural Gas
US Natural Gas Prices Jump
US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas well…
Electric Vehicles
Toyota Launches Alphard and Vellfire PHEV Models in Japan; Japan’s First Minivan PHEVs
Toyota Motor will begin sales of its all-new Alphard and Vellfire Plug-in Hybrid Electric Vehicle (PHEV; six-seater) models in Japan on 31 January 2025. Gasolin…
Hydrogen Technology
Fraunhofer’s NH3 System Hydrogen Technology: Unlocking Climate-Friendly Electricity From Ammonia
Using hydrogen to generate electricity does not cause any climate-damaging emissions. But storing and transporting the gas pose technical challenges. With this …
Hydrogen Production
Sinopec Produces Green Hydrogen From Seawater at Qingdao Refinery
Chinese state-owned oil and gas firm Sinopec has completed a seawater hydrogen production research project at its Qingdao Refinery.Said to be the first project …
Natural Gas
OGRA Approves Major Increase in Gas Prices Across Pakistan
The Oil and Gas Regulatory Authority (OGRA) has approved significant hikes in gas prices, affecting consumers nationwide, ARY News reported.According to reports…
Natural Gas
Germany’s Natural Gas Consumption Rose by 3.3% in 2024
Germany’s natural gas demand rose by 3.3% in 2024, due to lower prices compared to last year, preliminary estimates by the association of the German utili…
Oil Price
Qatar Raises Oil Price for February Loadings
QatarEnergy has reportedly raised the price of its al-Shaheen crude oil blend for February loadings, suggesting robust demand for the grade.Reuters cited unname…
Crude Oil
Saudi Crude Oil Exports Jumped to Three-Month High in October
Saudi Arabia’s crude oil exports rose to a three-month high in October, the latest data from the Joint Organizations Data Initiative (JODI) showed on Wedn…
Oil Price
Oil Prices Mixed; Traders Digest Differing Central Bank Signals
Oil prices traded in a mixed fashion Thursday, with the WTI contract pressured by the strong dollar in the wake of the hawkish note emanating from the Federal R…
Oil&Gas Drilling
Borr Drilling Selects Zentech for Engineering Support
Houston-headquartered engineering consulting, project and construction management and software development firm Zentech Incorporated (Zentech) has signed a Mast…
Oil&Gas Drilling
Salunda Installing Drillfloor Alerts Service on Transocean Rig
Salunda has won a contract to install its HaloGuard zone monitoring system on the Transocean Endurance semisubmersible drilling rig in Australia.Salunda has won…
Oil&Gas Drilling
Seadrill’s Drillship Picks up 1,095-Day Drilling Job Offshore Brazil
Bermuda-headquartered offshore drilling contractor Seadrill has won a multimillion-dollar assignment off the coast of Brazil for one of its drillships, which wi…
Crude Oil
Hanwha Ocean’s Fixed Platfrom Achieves Early Oil Production
Hanwha Ocean, a shipbuilding unit of Korea’s Hanwha Group, announced Wednesday that its offshore oil platform began to produce crude oil two weeks before …
Oil&Gas Drilling
Helix Vessel Getting Ready for Brazilian Decom Job With Shell at Namibia’s Port
U.S.-headquartered offshore energy services provider Helix Energy Solutions has confirmed the arrival of its purpose-built DP3 semi-submersible vessel to Namibi…
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