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Net Zero Emission
2022-12-29
Hyundai Mobis Unveils ‘2045 Net-Zero’ Campaign
Hyundai Mobis, an auto parts unit of Hyundai Motor Group, plans to power all its worksites with renewable energy by 2040.Under the campaign Green Transformation to 2045 Net-Zero, Hyundai Mobis aims to achieve net zero carbon emissions throughout its works
Oil & Gas Trade
2022-12-28
AD Ports Group Signs Major Agreements With Kazakh National Oil Company Subsidiary
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 28th Dec, 2022) AD Ports Group has signed a shareholder agreement with KMTF (Kazmortransflot), a fully-owned offshore logistics and services subsidiary of the Kazakh National Oil Company (KazMunayGas), t
LNG Carrier
2022-12-28
Yinson’s FPSO Stays in Nigeria
Malaysian FPSO provider Yinson has secured another contract extension with Addax Petroleum for a floating, production, storage, and offloading (FPSO) vessel carrying out operations in Nigeria.Yinson revealed on 22 December that it had received a new short
Ultra-high voltage grid
2022-12-28
China’s Oil and Gas Firm Inaugurates Power-From-Shore Project
China’s oil and gas company CNOOC Limited has commenced operations from its oilfields onshore power project located in Bohai Bay, which will supply electricity to 39 offshore production platforms.The main facilities of the Bozhong-Kenli project
Oil & Gas Supply
2022-12-28
Turkey Announces Big Boost in Black Sea Gas Reserves
Upward projection could help Ankara realise its goal of becoming an energy hub for the regionScarabeo 9, a 115-metre-long, 78-metre-high Frigstad D90-type semi-submersible drilling rig, passes close to the July 15th Martyrs Bridge (Bosphorus Bridge) on th
Oil&Gas Drilling
2022-12-28
Chinese Company Awarded Exploration Rights to Five Hydrocarbon Blocks in Mozambique
Sixth block awarded to Italy’s ENI; first period of exploration expected to allow investments of around US$370 million, and opening of four wells in deep waters.Photo courtesy of MZ NewsMozambique’s National Petroleum Institute (INP) h
Oil & Gas Trade
2022-12-28
Re Trade’ Starts, First Deals With Russia
Russian banks like Sberbank, VTB, Gazprom, BCS, MTS, Tinkoff, Soyuz, Credit Europe Bank (Russia), PSCB, Ros and JSCB have opened such accounts.Six of these accounts have been opened with IndusInd Bank, and one each with UCO Bank, HDFC Bank, Union Bank of
Oil Price
2022-12-28
Oil Reaches Three-Week High as China Relaxes COVID Limits
WASHINGTON, 27th December, 2022 (WAM) -- Oil touched a three-week-high Tuesday as China's latest relaxation of COVID-19 restrictions fueled prospects of a demand revival, while production in the United States was impacted by winter storms.Brent Cr
Nuclear Power Plant
2022-12-27
Nuclear Fuel Reprocessing Plant Faces New 2-Year Delay
Japan Nuclear Fuel Ltd.’s nuclear fuel reprocessing plant under construction in Rokkasho, Aomori Prefecture, in 2018 (Asahi Shimbun file photo)The completion of a nuclear fuel reprocessing plant in Aomori Prefecture will be delayed by two years,
Nuclear Power Plant
2022-12-27
Japan Must Clearly Explain Its Energy Policy Switch
Distrust of nuclear power remains strong after Fukushima disasterLast week, Japan unveiled its basic policy for pursuing a carbon-neutral society. In it, Tokyo overcame its hesitancy toward rebuilding nuclear power plants or extending the life of existing
LNG
2022-12-27
Japan Inks LNG Deals With US, Oman in Bid to Secure Fuel Supply
A worker walks under pipelines at Jera Co.'s liquefied natural gas (LNG) fired power plant inside the company's Anegasaki Thurmal Power Station in Ichihara, Chiba Prefecture, Japan, on Wednesday, June 22, 2022. Jera, a joint venture betwee
Natural Gas
2022-12-27
Turkey boosts Black Sea natural gas reserves with new discovery and existing offshore work
(Bloomberg) — Turkey boosted its estimate of natural gas reserves in the Black Sea by nearly a third, thanks to appraisal work at an existing field and a separate discovery, President Recep Tayyip Erdogan said on Dec. 26.Turkey now predicts its offshore f
Oil Exploration
2022-12-27
Oil Explorer Inpex to Merge Tokyo Trading Unit Into Singapore Desk
TOKYO, Dec 26 (Reuters) - Japanese oil and gas explorer Inpex Corp (1605.T) plans to absorb its separate Tokyo trading business into the company in April 2024, with its operations integrated into its Singapore desk in stages.The move is aimed at expanding
Natural Gas
2022-12-27
Turkey’s Natural Gas Find in Black Sea Now Comes to 710 Bcm -Erdogan
Turkish President Recep Tayyip Erdogan attends a news conference with Hungarian Prime Minister Viktor Orban (not pictured) in Budapest, Hungary November 7, 2019. REUTERS/Bernadett Szabo/File Photo/File PhotoISTANBUL, Dec 26 (Reuters) - The total volume of
LNG
2022-12-27
Japan’s Mitsui, Itochu and Jera to Sign New Long-Term Contracts to Buy LNG From Oman -Nhk
The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru Hanai/File PhotoTOKYO, Dec 27 (Reuters) - Japan's trading houses Mitsui & Co (8031.T), Itochu Corp (8001.T) and Japan's bigge
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TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing
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