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Oil
Oil Price
Petrobras Lowers Diesel Prices for First Time in More Than a Year
Petrobras lowers diesel prices for the first time in over a year, impacting fuel costs in Brazil. The state-run oil company announced a 4.6% cut in diesel price…
Natural Gas
Shell Warns Australia’s Gas Reservation Plan Could Worsen Shortages
On May 3, as Australia approaches its general election, energy has become a key political issue. The conservative Liberal-National coalition has pledged to tack…
Biofuel
Anora to Install New Biomass Boiler at Distillery in Finland
Anora, a prominent company, has made a significant move by investing in a new biomass boiler at its Koskenkorva Distillery in Finland. This modernization projec…
LNG
US Player Tasked With Taking Alaskan LNG Project to Finish Line
The Alaska Gasline Development Corporation (AGDC) has teamed up with Glenfarne Alaska LNG, an affiliate of Glenfarne Group, to become the majority owner of a pr…
Hydropower Plant
Milestone for Tas Hydropower Upgrade
Hydro Tasmania has recently completed a major milestone in its Tarraleah hydropower upgrade project, with theExcavation work for the intake tower now fully unde…
Oil Field
China’s CNOOC Discovers 100 Mln-Ton Oilfield in South China Sea
The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes on Monda…
Oil & Gas Trade
PetroChina Reports Record 2024 Net Income on Higher Production
PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help…
SAF
Used Cooking Oil Becomes an Important Ingredient for SAF Production
Used cooking oil is becoming an important commodity as it can be used as a base material for the production of sustainable aviation fuel (SAF), which has low ca…
Electric Vehicle Charging
Head of BP’s EV Charging Unit Richard Bartlett Leaves Company
The head of BP's (BP.L), electric vehicle charging business BP Pulse, Richard Bartlett, has left the company, a BP spokesperson said on Thursday, weeks afte…
Oil Refinery
Suncor Finds Source of Spill at Sarnia Refinery
Canada's Suncor Energy (SU.TO), said on Thursday it had identified and isolated the source of a hydrocarbon spill observed during regular monitoring at its …
Solar project
Shell Scraps Solar, Onshore Wind Power Projects in Brazil
Shell (SHEL.L), is discontinuing its solar and onshore wind power generation projects in Brazil, as part of a "portfolio adjustment", the company said on Thursd…
Biofuel
Malaysia to Keep Crude Palm Oil Export Duty Rate at 10% in April
The Palm Oil Authority of Malaysia has issued a notice stating that the export duty rate for crude palm oil will remain at 10% in April and its benchmark price …
Crude Oil
Crude Oil Exports by Mexico’s Pemex Rise 33% in February From January
Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still …
Natural Gas
Drilling Starts on Romanian Black Sea Offshore Gas Project That Challenges Russia
Drilling at Romania's Neptun Deep offshore gas project began in the Black Sea on Sunday, its owners said on Tuesday, putting one of the EU's largest gas…
Carbon Capture
Aramco Launches CO2 Dac Test Plant in Saudi Arabia
Saudi Arabian Oil Co. (Aramco) said it has launched Saudi Arabia’s first facility for the direct air capture (DAC) of carbon dioxide (CO2).The facility wi…
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