Petroleum

Crude Oil

U.S. Department of Energy Soliciting Bids for Crude Oil to Replenish Petroleum Reserve

(Bloomberg) – The U.S. is soliciting bids for up to 3 MMbbl of sour crude oil to refill its depleted Strategic Petroleum Reserve.crude oil reserve tanks a…

Hydrogen Production

JERA, PTT ink MOU for Hydrogen and Ammonia Supply Chain Dev’t

This will boost Thailand’s decarbonisation efforts.Japan’s JERA and Thailand’s state-owned petroleum firm PTT Public Company signed a memorand…

Biofuel

New Swedish Government to Reduce Biofuel Mandates

Sweden minority coalition has cut the amount of biofuel that must be added to diesel and petroleum.A government agency spokesman admitted that the country will …

LNG

Australian LNG Producers Rise After More Favourable Petroleum Tax Change

Shares of Australian liquefied natural gas (LNG) producers rose after the government adopted more favourable-than-expected changes to petroleum tax, ensuring th…

Natural Gas

Sasol Discovers Natural Gas in Mozambique’s Bonito-1 Exploration Well

Mozambique’s National Petroleum Institute (INP) announced that Sasol Mozambique (SMPT5-C) has made a discovery of natural gas, in sandstone rocks of Lower…

Renewable Diesel

Petrobras Assesses Coprocessing Expansion, Standalone Renewable Diesel Production

Petrobras, Brazil’s state-owned petroleum company, announced April 17 that it is conducting new project studies to expand the production of coprocessed re…

Battery

Sakuu Collaborates With Livent on Application of Liovix Printable Lithium Formulation for Next-Generation Printed Batteries

According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Company company seeks to invest US$10 billion in Afghanistan’s lithium mi…

Energy Storage Project

Chinese Company Reportedly Seeks to Invest $10B in Afghanistan’s Lithium Mining Sector

According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Company company seeks to invest US$10 billion in Afghanistan’s lithium mi…

Oil & Gas Supply

Oil Discovery Near the Gudrun Field in the North Sea

The well was drilled about 5 km west of the Gudrun field in the North Sea, and about 230 km west of Stavanger. The objective of the well was to prove petroleum …

Oil & Gas Trade

UK Oil & Gas Firm Bolsters Its Position by Taking Sole Ownership of Tunisian Business

London-based independent E&P company Panoro Energy has entered into a definitive agreement with Beender Tunisia Petroleum Limited (Beender) to acquire its 40 pe…

Carbon Capture

Carbon Capture Utilisation and Storage to Bring ‘Significant’ Benefits to Australia

The Australian Petroleum Production & Exploration Association (APPEA) has thrown support behind the Climate Change Authority’s focus on carbon capture tec…

LNG Carrier

Construction of 6th LNG carrier for COSCO and CNPC kicks off in China VESSELS

Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started the construction of the sixth liquefied natural gas (LNG) carrier for compatriot COSCO Shipping Lin…

Oil Exploration

Greenlight for vår Energi to Put Floatel Unit to Work at North Sea Field

Norwegian offshore safety regulator has given Vår Energi consent to deploy one of Floatel’s semi-submersible support vessels at a field in the North…

Oil Refinery

Mitsubishi Power Supporting Efficient Utilization of Hydrogen in the Petroleum Refining Process

- Launch of Service for Optimization of Energy Balance Using TOMONI -- Support for optimization of hydrogen volume regulation and utilization of by-product hydr…

Oil & Gas Technology

Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal

Aramco will supply 480,000 bpd of Arabian crude oil to Rongsheng affiliate Zhejiang Petroleum and ChemicalSaudi Aramco said the deal with Shenzhen-listed petroc…