Oil

AB Energy to Supply Technology to Evergaz Biomethane Project
The facility prevents 4965 tpy of CO2 emissions and enables the spreading of natural fertilizer on the fields of 63 local farms, covering 4500 ha.
Energy Technology
New Method Converts Methane in Natural Gas to Methanol at Room Temperature
Researchers at the University of Illinois Chicago have discovered a way to convert the methane in natural gas into liquid methanol at room temperature.
Oil Exploration
Woodside to go Ahead with Myanmar Exploration Plans Regardless of Coup
Australian energy giant Woodside Petroleum believes that the military coup in Myanmar is just “a transitionary issue” and will not affect its offshore drillin…
Oil Price
Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze
Oil prices slid by up to 2 per cent on Friday, on worries that refineries will take time to resume operations after the big freeze in the U.S. South, creating a…
Crude Oil
Oil Drops as Investors Gauge Big Chill Impact on US Refineries
US West Texas Intermediate crude fell 2% to $59.3 a barrel on Friday.
LNG
Woodside Signs new LNG Supply Deal with Germany’s RWE
Australian independent Woodside Petroleum has signed a seven-year, 840,000 t/yr sales and purchase agreement to sell LNG to the energy trading unit of German ut…
Hydrogen Fuel Cell
Indian Oil Signs Pact with Greenstat Norway for Hydrogen Fuel
In the Union Budget for 2021-22, the government pledged to focus on generating hydrogen from green power sources as well as build more diverse and efficient ene…
Oil & Gas Trade
U.S. will Import 62% more Crude by 2022 Due to Domestic Production Declines, Says EIA
Throughout much of its history, the United States has imported more petroleum than it has exported.
Oil & Gas Trade
China Is Fueling The Global Crude Oil Demand Recovery
The world’s top oil importer, China, significantly boosted its crude oil imports at the start of the year compared to the end of last year, helping to support …
Crude Oil
Oil Prices Jump Above $61 On Major Crude Draw
Crude oil prices jumped higher after the Energy Information Administration reported crude oil inventories in the U.S. had shed 7.3 million barrels in the week t…
Crude Oil
US Crude Output Down Sharply on Storm
Power outages and freezing temperatures have forced US oil producers to shut down or reduce operations significantly, with impacts ranging from 2mn b/d to as hi…
Crude Oil
India Urges OPEC+ to Ease Production Cuts
"The price-sensitive Indian consumers are affected by rising petroleum product prices," Pradhan said ahead of a March 4 policy-setting meeting of the Organizati…
Oil Price
Oil Falls Again as Opec and IEA Caution Ends Rally
Brent crude was down 0.8% at $60.67 a barrel on Friday
Oman
Oman’s Duqm Refinery ' Ore than 75pc' Complete
Construction work on Oman's 230,000 b/d Duqm refinery project has crossed the 75pc mark, operator OQ8 said.
Oil and Gas Equipment
Installation of Domestically Developed Gas Station Starts in South China Sea
The project will supply one-quarter of the gas demand in the Guangdong-Hong Kong-Macao Greater Bay Area.

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Oil

AB Energy to Supply Technology to Evergaz Biomethane Project

New Method Converts Methane in Natural Gas to Methanol at Room Temperature

Woodside to go Ahead with Myanmar Exploration Plans Regardless of Coup

Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze

Oil Drops as Investors Gauge Big Chill Impact on US Refineries

Woodside Signs new LNG Supply Deal with Germany’s RWE

Indian Oil Signs Pact with Greenstat Norway for Hydrogen Fuel

U.S. will Import 62% more Crude by 2022 Due to Domestic Production Declines, Says EIA

China Is Fueling The Global Crude Oil Demand Recovery

Oil Prices Jump Above $61 On Major Crude Draw

US Crude Output Down Sharply on Storm

India Urges OPEC+ to Ease Production Cuts

Oil Falls Again as Opec and IEA Caution Ends Rally

Oman’s Duqm Refinery ' Ore than 75pc' Complete

Installation of Domestically Developed Gas Station Starts in South China Sea