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Crude Oil
Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform
Guyana sold its first share of crude oil from the country's newest offshore production facility to Exxon Mobil (XOM.N) for about $106 million, the government sa…
Nord Stream 2
Ukraine Lobbies for Cuts in Russian Nord Stream 1 Gas Shipments
Ukraine is working behind the scenes to convince Western allies to shift Russia’s shipments of natural gas from the Nord Stream 1 pipeline to Ukraine’s pipeli…
Hydrogen Production
Which Hydrogen Production Method Is Lowest Cost?
The U.S. Department of Energy’s National Energy Technology Laboratory (NETL) released new report findings on the levelized cost of hydrogen (LCOH) and CO2 life…
Oil&Gas Drilling
All Approvals Ready for Australian Well Drilling to Kick off Next Month
With all regulatory and environmental approvals in place, SapuraOMV is preparing to drill the Kanga-1 exploration well offshore Western Australia early next mon…
Hydrogen Project
New Hydrogen Hubs Announced for Western Australia
Scott Morrison says new hydrogen hubs in Western Australia will create more than 3600 jobs.
Oil Price
Oil Prices Rise on Supply Concerns as Ukraine Crisis Deepens
Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the We…
Crude Oil
Russia’s Oil Industry Is Suffering as the West Shuns Its Crude
Russia’s economically critical oil industry is getting battered as Western buyers shun the country’s crude.
Carbon Neutral
Japan’s Greenhouse Gas Emissions Fall to Lowest on Record
5.1 percent drop in greenhouse gas emissions marks seven consecutive years of decline.
Hydrogen Production
Swiss Hydropower Project to Begin Hydrogen Production
H-TEC SYSTEMS and Groupe E will deploy a hydrogen project in western Switzerland, using two H-TEC SYSTEMS ME450/1400 PEM electrolyzers to produce green hydrogen…
Oil&Gas Drilling
Australian Offshore Oil Exploration Well Imminent for SapuraOMV
The Malaysian-Austrian joint venture company SapuraOMV Upstream will spud early next month the Kanga-1 oil exploration well offshore Western Australia.
Coal Price
India Faces Coal Shortage, Again
India faces another coal crunch as coal inventories at utilities are at the lowest for this time of the year in nearly a decade, while power demand is set to su…
LNG
Shell’s Prelude FLNG Resumes Operation
Shell has officially restarted LNG cargo operations at its Prelude FLNG facility offshore Western Australia after near four-month hiatus.
Carbon Emissions
$11 Million for West Australia Clean Energy Initiatives
The Western Australian Government has dedicated $11 million for seven innovative clean energy projects through the second round of its Clean Energy Future Fund …
Hydropower Plant
7.8MW Hydropower Project in Uganda to Supply Clean Energy
Nyamwamba II, a 7.8MW hydropower project in Kasese, Western Uganda, has reached its PPA Commercial Operation Date (COD).
Crude Oil
West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia
Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other produ…
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