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Asia
Oil Price
2023-10-09
Global oil prices rise following Hamas-Israel conflict
A recent analysis by Nairametrics on global crude prices reveals an upswing in oil prices following the Hamas attack on Israel.This is a tragic event that resulted in the loss of over a thousand lives on both the Israeli and Palestinian fronts.This incide
Oil & Gas Trade
2023-10-09
Abu Dhabi's Oil Champion ADNOC Bets on Global Expansion
The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximise earnings for the Gulf state.Like Gulf ne
Hydrogen Fuel Cell
2023-10-09
Japan to Subsidize Hydrogen Fuel Cell Systems for Electric Aircraft
Japan will subsidize hydrogen fuel cell systems and other equipment to the tune of 30.6 billion yen ($205 million) in support of the development of components for electric aircraft with reduced carbon dioxide (CO2) emissions.The trade ministry is expected
Oil & Gas Trade
2023-10-09
Investors Commit $1BN to Gas-To-Power Projects
Out of the $80bn gas-to-power projects planned to be established in Nigeria, only $1bn has been committed to these projects by investors, an oil and gas report seen on Sunday showed.In the report, which was put together after the recently concluded policy
Wind Turbine
2023-10-09
Brussels Considers Investigating Chinese Wind Turbine Subsidies
Brussels is considering launching an investigation into China’s use of subsidies to promote its wind turbine manufacturers. This move comes in response to concerns that cheap Chinese imports are posing a threat to European wind power companies.
Oil Pipeline
2023-10-09
Azerbaijan, Turkey Start Construction of Nakhchivan Gas Pipeline
Turkey's President Recep Tayyip Erdoğan with Azerbaijan's President Ilham Aliyev. Photo Credit: President.azAzerbaijan and Turkey have broken ground on the construction of the long-planned gas pipeline linking Turkey’s gas grid t
Oil & Gas Supply
2023-10-09
Australia Agreed to Ensure a Stable Supply of Energy Resources Such as LNG, Coal to Japan
Japan's Economy, Trade and Industry Minister Yasutoshi Nishimura met in Melbourne with his Australian counterpart Don Farrell for the fifth Japan-Australia Ministerial Economic Dialogue. They were joined by Climate Change and Energy Minister Chris
Oil&Gas Drilling
2023-10-09
Iraq Puts 30 New Oil and Gas Projects up for Grabs
Iraq has launched its fifth+ and sixth licensing rounds in which it plans to award 30 new oil and gas projects.Opec’s second-largest producer has set a January deadline for international energy companies to submit formal letters of intent to tak
Oil & Gas Supply
2023-10-09
Saudi Arabia, Other Arab States Reaffirm Commitment to Voluntary Oil Production Adjustments
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina//File Photo Acquire Licensing RightsBahrain, Iraq, Kuwait, O
Hydrogen Fuel Vehicle
2023-10-09
First Hydrogen Train in Middle East to Begin Trials Next Week, Saudi Energy Minister Says
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 2023. REUTERS/Ahmed Yosri/File Photo Acquire Licensing RightsSaudi Arabia's Minister
Hydrogen Fuel Cell
2023-10-08
Hydrogen Fuel Cells 'Dependable' for Powering Data Centres
Hydrogen fuel cells have emerged as a potentially dependable solution for powering data centres, according to new research from Equinix and National University of Singapore.Developing alternate renewable power sources is vital to maintaining uptime for da
Electric Vehicles
2023-10-08
Vinfast Unveils Latest EVs at Geneva International Motor Show 2023 in Qatar
Vietnamese electric vehicle maker VinFast is showcasing four of its electric vehicle models at the Geneva International Motor Show (GIMS), Qatar 2023, ongoing in Doha, until October 14, 2023.This is the first time VinFast has officially introduced its ful
Electricity Transmission
2023-10-08
Israel to Cut off Electricity Supply to Gaza - Energy Minister
The Israeli government will cut off electricity supplies to the Gaza Strip.Israel provides about two-thirds of the Gaza Strip's electricity needs, the Israeli newspaper Haaretz reports.The remaining third is produced at a power plant in Gaza.Gaza
Oil & Gas Trade
2023-10-08
Putin Launches Russian Gas Shipments to Uzbekistan
Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia’s industry hit by a flurry of Western sanctions over the offensive in Ukraine.Despite being home to a wealth of natural resou
Oil & Gas Supply
2023-10-08
Pakistan Weighs Early Closure of Some Gas, Diesel Power Plants Under Adb Scheme
Pakistan is exploring the possibility of shutting down some of its gas- or diesel-fired power plants before their economic lifetime ends, as part of a low-carbon energy transition supported by the Asian Development Bank (ADB), a think tank said.under ADB
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