Oil

Energy Saving

US Launches $8.5 Billion in Rebates for Home Energy Efficiency

Fields of heliostat mirrors reflect sunlight onto a boiler mounted on a solar power tower at the Ivanpah Solar Electric Generating System, the world’s lar…

LNG

Samsung Heavy Industries Remains in Black With $46M Profit

Samsung Heavy Industries stayed in the black for a second consecutive quarter, reporting an operating profit of 58.9 billion won ($46.1 million) driven by its f…

Oil&Gas Drilling

Neptune Energy Starts Gas Production at Adorf Z18 Well, Germany

Neptune Energy has announced first production from its operated Adorf Z18 gas well, in the municipality of Georgsdorf, North-Western Germany.The Z18 well - in t…

Oil Price

Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool

The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …

Oil&Gas Drilling

Totalenergies Begins Drilling at Tilenga Oil Project in Uganda

TotalEnergies is the operator of the project. Credit: HJBC via Shutterstock.French energy major TotalEnergies has commenced commercial drilling at the Tilenga o…

Nuclear Technology

Rosatom Presents Innovative Developments in Nuclear Fuel at International Topfuel Conference in China

Russian experts have participated in the international scientific and technical conference TopFuel 2023 held in Xian, China. The event was dedicated to the deve…

LNG

Klaipeda Lng Terminal Assigns 6 Twh Regasification Capacity for 2024

Following the conclusion of the annual Klaipeda LNG terminal capacity allocation procedure by the Lithuanian LNG terminal operator Klaipedos Nafta (KN), the ter…

Oil & Gas Trade

With 18 Oil & Gas Projects, Worth $60.2 Billion, in the Works, Qatar Set on Upping the LNG Ante

As Qatar has 18 projects under development across the oil and gas sectors, with an estimated capital expenditure (CAPEX) of $60.2 billion, the Persian Gulf stat…

LNG

Hudong-Zhonghua Locks in New Order to Build LNG Carrier Duo for COSCO, CNPC

Chinese shipbuilder Hudong-Zhonghua Shipbuilding has signed a contract with COSCO Shipping Energy and PetroChina, part of China National Petroleum Corporation (…

LNG Carrier

Singapore Readies for Its 1st Methanol Bunkering OP

Singapore’s maritime industry is abuzz with anticipation as it prepares to carry out its first methanol bunkering operation this week.The operation will t…

LNG

LNG Canada Completes Tank Hydro Testing

Hydro testing of the tank at the site of Canada’s first LNG export facility, the Shell-led LNG Canada project in Kitimat, British Columbia, has been compl…

Egypt

Egypt to resume LNG exports in fall

Egypt is set to resume liquefied natural gas (LNG) exports in the fall, citing Petroleum and Mineral Resources Minister Tarek El Molla.Egypt is currently using …

Petronas reports 6 oil and gas discoveries off Sarawak coast

Malaysia state oil company Petroliam Nasional Berhad, or Petronas, said on Monday it has made six oil and gas discoveries in five blocks off the coast of Sarawa…

Oil Price

Oil prices rise as tight supply counters expected rate hikes

Brent crude futures rose 44 cents, or 0.6%, to $81.51 a barrel by 11 GMT. U.S. West Texas Intermediate (WTI) crude was at $77.51 a barrel, also up 44 cents, or …

Oil & Gas Trade

National Petroleum-Gas Reserve Infrastructure Planning Approved

A petrol station on Hà Nội's Thái Hà Street. — VNA/VNS Photo Huy HùngDeputy Prime Minister Trần Hồng Hà on Tuesday si…