Oil

SINOPEC

Saudi Aramco Signs Agreement with China’s Sinopec for Potential Downstream Collaboration

World’s largest oil exporting company aims to expand its operations in China.

Nuclear Power Plant

U.S. Ban on Russian Energy Imports Does Not Include Uranium

U.S. President Joe Biden's ban on American imports of Russian oil and other energy products, announced on Tuesday, does not include a ban on imports of uranium …

Natural Gas

How the EU Plans to Cut Dependence on Russian Gas by Two-Thirds This Year

The European Union announced Tuesday it will reduce its purchases of Russian gas by two-thirds before the end of the year, in response to the country’s invasio…

Crude Oil

U.S. Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers

The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers.

Gas Turbine

GE Turbines Will Power New 2-GW Gas-Fired Plant in China

A new 2-GW natural gas-fired power plant in China, being built to support the coming retirement of a large regional coal-fired complex, will feature three GE 9H…

Natural Gas

Russian Gas Continues to Flow into Europe on Main Pipeline Routes

Russian gas delivered through the Yamal-Europe pipeline via Poland was flowing westward into Germany on Tuesday morning, and flows into Slovakia via Ukraine rem…

Hydrogen Fuel Cell Vehicle

Is Hydrogen Fuel Cell Technology Ready for the Mainstream?

Countries and companies worldwide – including automakers and oil giants – have been pouring billions into hydrogen fuel cell technology in the hopes that it w…

Natural Gas

Germany Says It Won't Stop Buying Russian Energy Despite Moscow’s War in Ukraine

Germany will continue to buy natural gas, oil and coal from Russia despite Vladimir Putin’s aggression against Ukraine, the government in Berlin said Monday.

Oil Price

Petrol, Diesel Price Hikes may Restart from Next Week

Petrol and diesel price hikes are likely to resume after state elections get over next week. This is to bridge the Rs 9 a litre gap created by international oil…

Oil Price

Russia Warns West of $300 per Barrel Oil, Cuts in EU Gas Supply

Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through o…

Energy Transition

Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables

Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…

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.

Crude Oil

Shell to Buy Russian Crude and Use Profits to Help Ukraine

Shell, Europe’s largest oil company, said Saturday that it would probably continue to buy Russian crude oil to feed into its refineries and supply customers wi…

Oil Shale

U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal

U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.

Oil Shale

OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket

Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …