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Oil Price
Oil Prices Edge Higher as China Announces Further Stimulus Measures
Oil prices edged higher on Monday as China's latest stimulus measures helped to alleviate fuel demand concerns.Brent, the benchmark for two thirds of the wo…
Oil & Gas Trade
Saudi Pif, Holders to Offer 30% Stake in Oil Driller Ades IPO
The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea, Norway, on Monday, Feb. 13, 2023. Equinor, Norway’s biggest o…
Carbon Emissions
Fujitsu Accelerates Plans to Achieve Net Zero Greenhouse Gas Emissions Across Its Supply Chain
Fujitsu today announced that it accelerated its plans to achieve carbon neutrality in its business by twenty years, setting fiscal 2030 as the new goal to reduc…
Carbon Neutrality
French Energy Regulator: Nuclear Alone Not Enough for Carbon Neutrality
As part of its EU targets, France has pledged to become carbon neutral by 2050 and contribute to the bloc’s efforts to cut greenhouse gases by 55% by 2030…
Oil&Gas Drilling
Equinor Starts up North Sea Oil, Gas Project
Equinor ASA has begun production at the Statfjord Ost field in the North Sea, expecting to raise its output by 26 million barrels of oil equivalent."The project…
Natural Gas
Shell Fires up Sweet Gas Production Offshore Malaysia
Shell has brought on stream its Timi sweet gas field development on Block SK 318 offshore Sarawak, Malaysia.The offshore field is designed to produce up to 50,0…
Oil & Gas Trade
Another Chevron Lng Facility in Australia to Decide on Strike Action
Workers at one of Chevron's liquefied natural gas (LNG) facilities in major exporter Australia will decide on Monday whether to authorise their unions to ca…
Oil & Gas Trade
Totalenergies to Carry Out 4 Large Energy Projects in Iraq
The TotalEnergies logo placed on the company’s headquarters in Paris, France. Photo: ReutersBaghdad (IraqiNews.com) – Iraq’s Basra Oil Company…
Oil & Gas Trade
BP Urges More Oil, Gas Investment While Speeding Energy Transition
A woman walks past a Jio-bp fuel tanker, an Indian fuel and mobility joint venture between Reliance Industries (RIL) and British Petroleum (BP), fuel station, i…
Oil & Gas Trade
Delta Community Threatens to Shut Down Oil Production
Nigeria’s oil industry may lose 20,000 barrels of petroleum crude per day as palpable tension grips the Otumara Flow Station operated by Shell Petroleum D…
United States
Maine Weighs Plans to Restrict Gas-Powered Vehicles
(The Center Square) — Maine is being urged to join a handful of states in banning the sale of new fossil fuel-powered vehicles, but critics say the move would …
Oil & Gas Trade
Los Alamos Team Sees Modeling as Tool to Blend Hydrogen in Natural Gas Pipelines
The Center Square) - Math modeling can improve safety when blending hydrogen with natural gas for transportation, Los Alamos National Laboratory announced in a …
Nuclear Fuel
Texas Nuclear Waste Storage Permit Invalidated by US Appeals Court
A U.S. appeals court on Friday canceled a license granted by a federal agency to a company to build a temporary nuclear waste storage facility in western Texas,…
Oil & Gas Trade
Rupee Crisis Costs Refinery rs750M on Crude Import
Pakistan’s oil industry is feeling the pinch of a plunging rupee that has made crude imports more costly and forced one refinery to book a hefty loss on a…
Oil & Gas Trade
Indian Oil Corporation to Invest Rs 4 Trillion to Expand Oil Refining and Petrochemical Businesses
Indian Oil Corporation on Friday said it plans to invest over Rs 4 lakh crore (trillion) in this decade to expand its oil refining and petrochemical businesses …
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