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Oil & Gas Trade
Nigeria Issues Call for Deepwater Gas, Infrastructure Investment
Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetize its gas resources and become a leading LNG exporter to globa…
Oil & Gas Trade
Adnoc Gas Signs $500-700M LNG Supply Agreement With Jera
Adnoc Gas, a large-scale integrated gas processing company, has announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million…
Energy Transition
Research Reveals New Zealand Can Lead Global Energy Transition – If Barriers to Renewables Are Unlocked
Report reveals New Zealand is well placed compared to other countries in reaching its 100 per cent renewable energy goals and could become a world leader in exc…
Electric Car
China’s NEVs Grow Footprint Across Global Markets
China's new energy vehicles manufacturers are expanding their overseas footprint, with the export products upgrading to higher-end ones, with better outer appea…
Natural Gas
Greece to Launch New Gas Trading Hub on March 21
A new Greek natural gas trading platform will go live on March 21, enhancing interconnectivity and supply security in the region amid volatility on global marke…
Oil Price
Fuel Prices on Saipan up 20 Cents
FUEL prices on Saipan went up by 20 cents on Friday and Saturday as the Russian invasion of Ukraine continues to spook global markets.
Oil & Gas Supply
Sanctions on Russian Energy ‘on the Table,’ White House Says
The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it …
Crude Oil
Ukraine Crisis: IEA Members Vote to Unlock Oil Reserves to Reassure Markets
The 31 countries of the governing board of the International Energy Agency have agreed to release 60 million barrels of oil from their emergency reserves to “s…
Crude Oil
OPEC Targeting Oil Prices Below $100, Oman’s Oil Minister Says
OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,…
Crude Oil
Brent Price Slides Amid Covid Concerns Ahead of Key Opec+ Meeting Next Week
Futures in London slid towards $80 a barrel as crude was swept up in a wave of caution across global markets
Coal Mine
New Elk Coal Commences Coal Mine Operations in Colorado
With all regulatory approvals in place, New Elk Coal has started production at its Weston, Colorado mine, and will be scaling up operations for the export of co…
Electric Car
China and Italy to Manufacture New Energy Sports Vehicles for Global Markets
The Silk-FAW joint venture plans to launch the new full electric and hybrid luxury models under the Hongqi ‘S’ series – the first model of this series will b…
Crude Oil
Oil Ekes Out Gains as U.S. Stimulus Hopes Lift Global Markets
Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid packa…
Crude
Oil Climbs After Russia Backs Possible Output Cuts to Counter Coronavirus Impact
Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for cru…
Shale Gas
Global Markets are “Awash” in Crude Thanks to the Surge in U.S. Oil Output, Rick Perry Said
Global markets are “awash” in crude thanks to the surge in U.S. oil output, and the boom looks set to continue, U.S. Energy Secretary Rick Perry said in a Blo…
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