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Oil
World’s First Hydrogen-powered Domestic Boiler
In order to test the use for building heating, a pilot project started on June 25, 2019 in Rozenburg near Rotterdam in the Netherlands, in which the world’s fi…
Market Analysis
Venezuela Oil Flow to Hit 2mn b/d in 2020: Maduro
Venezuela's crude production will more than double to 2mn b/d in 2020, the Opec country's president Nicolas Maduro said in an annual national address.
Oil & Gas Trade
India Exploring Ways to Source Crude Oil from Russia: Pradhan
India is exploring ways to source crude oil from Russia, Oil Minister Dharmendra Pradhan said. “We are working on the strategy to diversify our crude oil suppl…
Market Analysis
Norway Says Era of Oil and Gas Production Isn’t About to End
Norway Finance Minister Siv Jensen said she sees no reason why the oil and gas her country produces can’t be part of a future focused on sustainable energy.
Oil & Gas Trade
India, Russia Initiate Talks for Long-Term Oil Supply
India and Russia have begun negotiations on an agreement for long-term assured supplies of crude oil, especially from Russia’s Far East region, as New Delhi lo…
Nuclear Power Plant
CNL Secures Overseas Decommissioning Contract
Canadian Nuclear Laboratories (CNL) is to take part in the decommissioning of a prototype boiling water reactor (BWR) in Lingen, Germany under a subcontract awa…
Market Analysis
OPEC+ Committed to Balanced Oil Market: UAE Minister
Energy Minister of the United Arab Emirates (UAE) Suhail Al Mazrouei has said the alliance of the oil producing nations known as OPEC+ remains committed to a ba…
Oil & Gas Trade
Iraq Warns of 'Collapse' if Washington Blocks Oil Cash
BAGHDAD-Iraqi officials fear economic "collapse" if Washington imposes threatened sanctions, including blocking access to a US-based account where Baghdad keeps…
Oil & Gas Trade
The Battle For Suriname’s Oil Is About To Begin
The discovery of a significant oil field off the coast of Suriname has grabbed headlines in the past few weeks. With less than a million inhabitants and a GDP p…
Oil&Gas Drilling
Bill to Rollback Natural Gas Drilling Regulations Clears Pennsylvania House Committee
Despite the looming promise of Gov. Tom Wolf’s veto, a Pennsylvania House panel has advanced a bill loosening regulations for conventional gas drillers.
Crude
China’s Top Oil Firm Sees Demand Growth Cut in Half in 2020
The world’s biggest oil import market could see demand growth in 2020 of just half of last year’s levels as the trade war’s ripple effects continue to be fel…
Adnoc Signs $23bn Energy Deals With Indonesia's Pertamina And Chandra Asri
Abu Dhabi National Oil Company signed a preliminary agreement with Indonesia's Pertamina and Chandra Asri to explore the possibility of developing a crude-to-pe…
Market Analysis
Quest for Blue Skies Poised to Propel up China’s Gas Imports
China’s Blue Sky Policy envisages boosting the share of natural gas in the energy mix from currently 7.5 percent to 15 percent by 2030 which requires substanti…
Oil & Gas Trade
Putin Says Nord Stream 2 Pipeline to be Completed by Early 2021
Russian President Vladimir Putin said Saturday that he hopes work on the Nord Stream 2 gas pipeline will be finished by early next year.
Oil&Gas Drilling
3 Arctic Wilderness Areas to Watch as Trump Tries to Expand Oil & Gas Drilling
When President Donald Trump entered the White House in 2017, his intention was clear: His would be an administration defined in part by a no-holds-barred effort…
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