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Crude Oil
Surprise Move: OPEC+ Announces Deep Production Cuts to Stabilise Crude Markets
Together with Russia’s announced production cuts, Opec+ move spells output cuts of 1.6 million barrels per daySaudi Arabia, the United Arab Emirates (UAE)…
Electrification
Esperance, WA – transitioning to electrification
Esperance, Western Australia, has successfully transitioned to electric power, with the majority of residents and businesses electing for electrification, and s…
Oil & Gas Trade
EU to Maintain Russian Oil Price Cap at $60
The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in hurting the Kremlin’s access to pet…
LNG
GTT Entrusted by Hyundai Samho Heavy Industries With the Tank Design of Three New LNG Carriers
GTT has announced that it has received an order from its partner the Korean shipyard Hyundai Samho Heavy Industries for the tank design of three new LNG carrier…
Energy Transition
Expert Gas Analysis to Maintain High Sulfur Recovery Rates in the SRU
Analytical gas measurements in the sulfur recovery unit (SRU) help to ensure reliable, efficient, and safe operations. With decades of experience in sulfur reco…
Net Zero Emission
Scottish Widows Unveils £1.4BN Worth of New Environmental and Climate-Aware Investment Funds
Scottish Widows has announced the launch of a new Global Environmental Solutions Fund, focused on directing pension investment into companies that provide solut…
Nuclear Technology
Innovative Filtration System Shortens Schedule and Delivers Radwaste Savings
BWR spent fuel pool dual SCF system with shields.The return of low natural gas prices combined with the advent of high efficiency renewables has placed more pre…
Hydrogen Fuel Cell
First Hydrogen Auction to Be Launched in Portugal
The European country intends to launch a pioneering auction.To reduce greenhouse gas emissions in the nation, Portugal recently announced that it would launch a…
Oil Price
UAE Petrol and Diesel Prices to Decrease in April
Petrol prices have dropped for a second time this year. Victor Besa / The NationalThe prices of petrol and diesel in the UAE will fall in April, it has been ann…
Oil & Gas Trade
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap…
Oil & Gas Trade
Saudi Arabia, UAE and Allies Announce Surprise Oil Production Cuts
Saudi Aramco's Ras Tanura oil refinery and oil terminal. Opec+ members Saudi Arabia, the UAE, Iraq, Kuwait and Algeria have agreed to voluntary oil producti…
Oil Price
Cornwall Insight Release Price Cap Predictions for July and October 2023
Prior to the introduction of the April-June 2023 Default Tariff Cap (price cap), Cornwall Insight are releasing our latest predictions for the third and fourth …
Natural Gas
Chevron, Marathon Oil and Equatorial Guinea Govt Pursuing Further Development of Gas Mega Hub
Houston-based energy company Marathon Oil Corporation, through its affiliated company Marathon E.G. Holding Limited, has inked a Heads of Agreement (HOA) with t…
Oil Price
Oil Stable on Mixed Drivers, Market Eyes Iraq Exports
Oil was nearly steady as a surprise drop in US crude stockpiles offset a smaller-than-expected cut to Russian supplies, while investors closely watched developm…
Electric Vehicle Charging
What’s the Future of Gas Stations in an EV World?
With fast-charging systems set to skyrocket, the places we now go to fill ‘er up are going to need to change.
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