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Oil Price
OPEC+ Set to Stick to Modest Oil Output Rises amid Price Rally
OPEC+ will likely stick to modest oil output increases on Thursday arguing it is not responsible for geopolitics and supply disruptions.
Oil Price
Shell Posts Record Profit on High Energy Prices and Trading Boost
Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted by higher oil and gas prices and a strong performance of it…
Hydrogen Transport
Hydrogen to be Transported Through 29-Km Scottish Pipeline
INEOS has launched a trial to transport hydrogen into the gas grid through a decommissioned pipeline in Scotland.
Gas Turbine
Siemens Energy Sells 100th H-Class Gas Turbine—Fleet Exceeds 2.5 Million Operating Hours
In late March, Siemens Energy announced separate agreements with Guangdong Energy Group Co. Ltd. and Shenzhen Energy Group Co. Ltd., in which the gas turbine gi…
Hydrogen Production
INEOS and SGN Start Hydrogen Distribution Trial in Scotland
The trial, funded by the Energy Regulator and gas distribution companies, comes as SGN, Cadent and NGGT commission Capital Hydrogen feasibility study.
United Kingdom
UK Asks North Sea Oil and Gas Sector to Set out Plan to Reinvest Profits
Business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to reinvest its profits into British energy…
LNG
LNG Terminals in Europe Are Filling up Fast
Europe’s LNG terminals are maxed out as the region continues to import record amounts of gas.
Oil Field
Shell Fined £50K for Breaching Production Consents
The UK’s oil and gas regulator fined Shell UK £50,000 for breaching five field production consents.
Hydrogen Production
What is the Difference Between Green Hydrogen and Blue Hydrogen?
Hydrogen is a fuel and feedstock material that has the advantage of “burning” without emitting carbon dioxide. However, it is produced with energy-intensive m…
Energy Transition
AGL Acquires Biogas Plants Provider Energy360
This is support of Australia’s clean energy transition.
Carbon Emissions
Investing in China’s Sustainable Finance Boom
China is the world’s largest economy in purchasing power parity, the world’s largest annual emitter of greenhouse gas emissions and the world’s largest renew…
LNG
U.S. Authorizes More LNG From Two Plants in Development
The U.S. Department of Energy said on Wednesday it authorized additional liquefied natural gas shipments from two plants in construction and development.
Carbon Emissions
Canada Oil Industry Needs $51 Billion to Decarbonize
Canada’s oil sands producers would need investments amounting to some US$51 billion (C$65 billion) to be able to reduce its emissions footprint while increas…
Oil Refinery
American Oil Refiners Set for a Blowout Year
Soaring fuel prices have been a boon for U.S. refiners this year.
LNG
Tree Energy Solutions Fast Tracks German Green Gas Project
Tree Energy Solutions fast tracks Wilhelmshaven green gas project to bolster German and European energy security amid the Ukraine crisis.
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