Oil

Crude Oil

Sinopec Offers Refineries Sweeteners to Boost Clean Marine Fuel

The top Asian oil refiner is crediting its refineries 150 yuan for every tonne of VLSFO they produce, they said

Hydrogen Project

Canada's Suncor and ATCO to Develop Country's Largest Hydrogen Project in Alberta

Canada's Suncor Energy will partner with utility ATCO Ltd to develop a clean hydrogen project near Fort Saskatchewan, Alberta, in one of the most significant s…

United States

Colonial Pipeline Hack Exposes Lack of Federal Cybersecurity Oversight for U.S. Energy Industry

The temporary shutdown of Colonial's pipeline follows warnings by U.S. officials in recent months of the danger of cyberattacks against privately held infrastru…

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…

Oil Field

Keppel Snatches Contract to Build FPSO for World’s Largest Deepwater Oil Field

Brazilian oil and gas giant Petrobras has signed a $2.3 billion worth contract with Keppel Shipyard to build the P-78 FPSO, the seventh unit to be installed in …

Oil Field

Fire Erupts at Kuwait's Largest Oil Field; Two Injured

The injured workers were in stable condition and receiving treatment at a nearby hospital.

Geothermal Power Plant

Why Oil Giants Like Chevron and BP are Investing in Geothermal Energy

Miles below the Earth’s surface, there’s a source of renewable energy that could sustain all of humanity for the foreseeable future.

Oil & Gas Trade

Yemen Takes First Batch of Saudi Oil Products at Aden

The first shipment of Saudi oil products exported to Yemen as part of a grant agreed with the internationally recognized government there arrived at the Yemeni …

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…

Natural Gas

China’s Natural Gas Imports Surge As Economy Recovers

Natural gas imports into China rose 22.4 percent on the year in the first four months of this year to 39.45 million metric tons.

LNG

GECF Expert Commentary - New Trends on the Global Market of LNG Carriers

The Covid-19 pandemic has brought new challenges for the global gas industry, with the LNG shipping market not being an exception.

India

India Turns to OPEC Nations Saudi, UAE for Oxygen

He said state-owned Indian Oil Corporation and gas utility GAIL will be arranging for logistics to transport the oxygen

Australia

Australia to See 118 Oil and Gas Project Starts by 2025

Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.

CNOOC

CNOOC Flows First Gas from Liuhua 29-2 field

Chinese oil and gas giant CNOOC Limited has produced first gas from the Liuhua 29-2 gas field located in the South China Sea.

Oil Price

Saudi Arabia Could Slash Deficit To Below 5% Of GDP At $60 Oil

The world’s largest oil exporter, Saudi Arabia, could see its budget deficit drop to below 5 percent of gross domestic product this year if oil prices average …