Nda

Oil Shale

High Profile Merger Creates A New $17 Billion Shale Giant

Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in …

Oil Price

Oil Prices Rise on Potential Hitch in Iran Talks

Oil prices rose on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism that the market can absorb any Iranian oil that would com…

Oil Pipeline

Tanzania, Uganda Finalize Oil Pipeline Deal

Tanzania and Uganda have signed a fifth and final government agreement that will greenlight the construction of a $3.5-billion pipeline that will carry crude pu…

Oil Shale

U.S. Shale Oil Output to Climb for First Time in 3 Months in June - EIA

U.S. oil output from seven major shale formations is expected to climb by 26,000 barrels per day in June to 7.73 million bpd, the first rise in three months, th…

OPEC

OPEC’s Oil Exports Are Surging By 1 Million Bpd In May

OPEC’s oil exports have jumped by 1 million barrels per day so far in May, while the OPEC+ group started easing the production cuts by 350,000 bpd this month, …

Offshore Wind Power

China Offshore Wind Farm Connects to Grid

An offshore wind farm near the Zhoushan Islands, east China’s Zhejiang Province, was commissioned and connected to the grid on Sunday.

Hydrogen Fuel Stations

Video: Global Largest Hydrogen Station Put into Use in Beijing

The world's largest hydrogen station with a daily capacity reckoned at 4.8 tons was put into use in Beijing's Daxing District on Monday.

Hydrogen Project

Hyundai Motor Partners with Bloomberg to Promote Hydrogen Campaign

On a quest to accelerate hydrogen mobility-related business, Hyundai Motor Co. is taking one more step towards improving public awareness of the transition towa…

Electric Vehicle Battery

Shenzhen-listed Eve Energy Denies Deal to Provide Tesla Batteries

Chinese lithium battery manufacturer Eve Energy Co on Sunday denied a Reuters report claiming it's in talks with Tesla about a lithium iron phosphate battery su…

Hydrogen Project

Hyundai Committed to Building US Hydrogen Ecosystem

Hyundai Motor Group has reaffirmed its commitment to hydrogen today (May 13) by stating that it will invest $7.4bn in the US by 2025 with some of the funds look…

SMR

Moltex Small Nuclear Reactor Should Be Operational By Early 2030s

The Moltex Clean Energy small modular reactor should be installed and operational by the early 2030s, the company said in a virtual update Monday.

Crude Oil

U.S. Main Fuel Pipeline Operator Aims to Restore Operation This Week After Cyber Attack

The operator of a main U.S. fuel pipeline declared on Monday its goal of restoring operational service by the end of the week after all pipeline operations temp…

Natural Gas

Sinopec finds abundant flows in Xinjiang oil, gas wells

Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X wel…

Nuclear Power Plant

Another Security Breach at Tepco Nuclear Plant Ncovered

A further case of unauthorized access at a nuclear power plant on the Sea of Japan coast run by Tokyo Electric Power Company Holdings Inc. occurred in 2015, it …

Transformer

SLPE Win Hollandse Kust Noord Transformer Contract

London-based engineering firm Sea & Land Project Engineering have been awarded a contract for the detailed design of the Hollandse Kust Noord offshore transform…