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Oil & Gas Trade
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…
Oil and Gas Equipment
Largest North China Gas Storage Facility Starts up
China's state-controlled Sinopec's Wei11 gas storage facility commenced operations on 18 October, marking the completion of the largest group of underground gas…
Oil Refinery
Dalian Revives Plan to Relocate PetroChina Refinery
But the long-mooted plan faces financial and potential regulatory hurdles and may increase petrochemical competition in the region.
Crude Oil
Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels
OPEC leader Saudi Arabia dismissed calls for speedier oil output increases, saying its efforts with allies were enough and protecting the oil market from the wi…
Crude Oil
IEA: Global Energy Crisis Could Boost Oil Demand by 500,000 barrels per day
But Britain could run out of gas this winter, says Ineos chief Sir Jim Ratcliffe
Oil Refinery
Mexico’s Tula Refinery Halted Since Last Week
Mexico's 315,000 b/d Tula refinery in the state of Hidalgo stopped processing crude late last week because of full product stocks after a rail blockade choked i…
Natural Gas
Two more UK Energy Firms go Bust as Prices Soar
Two more UK energy firms have ceased trading amid soaring wholesale energy prices.
Crude Oil
ANALYSIS: Brent Crude Oil Price may Rise to $85.04 per Barrel
Even though there is early sign of the uptrend continuation, the resumption may not be confirmed until oil breaks $84.02, because the bullish momentum does not …
Australia
Australia’s Tasmania Targets Net-Zero Emissions by 2030
Australia's Tasmania state has released draft legislation to target net-zero greenhouse gas (GHG) emissions by 2030.
Hydrogen Fuel Cell
Europe’s Second Largest River is Set to be Decarbonised through TECO 2030 Hydrogen Fuel Cells
Europe’s second longest river, the Danube, is set to be decarbonised through a new supply agreement which could see TECO 2030 hydrogen fuel cells supplied to C…
Natural Gas
Northern Ireland Gas Storage Project Secures Greenlight as Prices Skyrocket
The UK government has approved the construction of a gas energy storage project in Northern Ireland amidst an energy crisis caused by natural gas supply constra…
Crude Oil
Platts: OPEC+ Is Producing Less Crude Than It's Supposed To
OPEC+ is producing less oil than it is supposed to, a survey by Platts has revealed, as cited by Forex Live.
LNG
Pakistan Struggles To Find LNG Amid Gas Crisis
Pakistan is looking to buy liquefied natural gas for the winter, but it couldn’t find any sellers in a recent tender, which highlights the fact that the natura…
Market Analysis
New GHG Targets Dampen Coal Outlook in South Korea
South Korea's power sector will have to reduce its net 2030 greenhouse gas emissions by at least 44.4pc from 2018 levels to meet the newly proposed nationally d…
Biofuel
Veolia Produces 12.4MW of Clean Power with New Biogas Plants
Environmental infrastructure development company, Veolia, has inaugurated three new thermoelectric power plants at its waste recovery centres in the states of S…
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