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Oil & Gas Trade

Algeria's Gas Exports to Fall Sharply in 2025

Algeria's gas exports will drop to 26 billion to 30 billion cubic metres per year in 2025 from 45 billion in 2020.

Saudi Arabia

Oil Rises on Saudi Aramco's Upbeat Demand View

Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shor…

Oil & Gas Trade

Iran Moves from Oil to Petrochemicals in Export

Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue.

Oil & Gas Trade

Libya's Oil Blockade Will Help Clear the Global Supply Glut

Libya's port blockade is set to keep the North African country's oil off the market until at least the fourth quarter of 2020

Design and Construct of LED Sports Lighting

Tenders are invited for Design and Construct of LED Sports Lighting at Olympic Park, Moe and Harold Preston Reserve, Traralgon

Coal Trade

China's July Coal Imports Rebound

China's overall coal imports increased in July from a month earlier, which was partially a result of cargoes booked in previous months being cleared in July.

Electric Car

BYD Delivers Electric Bus to German Buyer

China's leading new-energy vehicle manufacturer BYD said Saturday that it has delivered the first of 22 pure electric buses ordered by German public transport o…

Oil Price

Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price

Oil giant Saudi Aramco reported a 50% fall in net income for the first half of its financial year, reflecting a devastating year for oil markets and the global …

Portugal

European Energy Giants Partner on H2Sines Green Hydrogen Production Project

EDP, Galp, Martifer, REN, Vestas and several European partners have proposed to evaluate the viability of the H2Sines project.

Geothermal Power Plant

Indonesia not to Offer Geothermal Working Areas for the Next Two Years

Reported this morning, the Indonesian Ministry of Energy and Mineral Resources has confirmed that it will not offer geothermal working areas for the next 2 year…

Oil & Gas Trade

U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia

The U.S. sent in June its first crude oil shipment to Saudi Arabia since the ban on crude export was lifted in 2015, which was also the first shipment since one…

Oil & Gas Trade

Ukraine to Increase Domestic Natural Gas Production

Ukraine’s largest natural gas producer, Ukrgasvydobuvannya, will increase domestic natural gas production, reduce the country’s dependency on imports and impr…

Nuclear Power Plant

Moltex Selects Jacobs for New Type Nuclear Power Reactor Development

Moltex Energy has selected US-based professional services firm Jacobs to support its development of a new type of nuclear power plant.

Oil & Gas Trade

US Firm Secures Oil Deal with US-Backed Forces in Syria

A U.S. company has reportedly reached a deal with Kurdish-led authorities in northeast Syria to develop and export crude oil in areas under their control in the…

China

Asia Shrugs Off OPEC Supply Rise as Refiners Grapple with Crippled Demand

Middle Eastern sour crude supply is expected to increase this month after OPEC+ members on July 15 agreed to pare back their production cut commitment.