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Market Analysis
German Gas Grid Operators See Big Role for Hydrogen
TSOs’ scenario framework report for 2022-2032 includes study of 500 projects across Germany
Natural Gas
Environmental Knowledge and Solutions Initiative: GECF Explores Consensus on Methane Emissions
It exists in abundance on Earth and has even been found on other planets, including Mars, but this major force of life – methane – can also harm the environme…
Oil Field
Bitcoin Fracking Turns Waste Gas to Digital Gold in Bakken Oil Field
Natural gas produced as a byproduct in Bakken oil production is often flared as waste. Near Sidney, Montana, one company is converting it to cryptocurrency inst…
Energy Transition
Japan Pledges $10 billion Financial Support for Asia’s Energy Transition
Japan on Monday pledged to offer $10 billion financial aid for decarbonisation projects in Asia, such as renewable energy, energy-saving and conversion to gas-f…
Reactivation of the Hydrocarbons Sector Continues with the Colombia Round 2021, which will Offer 32 New Areas to Investors
The National Hydrocarbons Agency (ANH) launched the Colombia 2021 Round that brings 32 new areas to investors, 28 of them offered by the ANH and 4 presented by …
LNG
Chinese Joint Venture Orders Three more LNG Carriers
A joint venture between Chinese state-controlled shipowner Cosco Shipping Energy Transportation and state-owned energy firm CNPC has ordered another three LNG c…
Oil Exploration
Vår Energi Makes ‘Significant’ Discovery in Balder Area
Oil and gas company Vår Energi has made a ‘significant’ discovery of oil and gas in the King and Prince exploration wells in the Balder area in the Southern …
Crude Oil
Venezuela’s Oil Boss Projects Soaring Output, Despite Crumbling Infrastructure and U.S. Sanctions
In Venezuela, waiting in line at a gas station -- sometimes for days -- has become so routine that it’s hard to imagine life without it.
Oil Field
China Discovers 900m-Tonne Oil and Gas Field in Xinjiang
China has discovered a new 900-million-tonne oil and gas field in the Tarim Basin in the northwestern Xinjiang Uygur Autonomous Region after six years' intensiv…
Crude Oil
Iraq Expects Oil Prices to Reach $80/bbl - State News Agency
Iraqi expects oil prices to reach $80 per barrel.
Oil & Gas Trade
Petrobangla Signs MOU with Indian H-Energy to Import R-LNG
State-run Petrobangla has inked a memorandum of understanding with Indian H-Energy recently to import re-gasified LNG (R-LNG) through a cross-border pipeline.
Gas turbine engine
Siemens Energy to Supply Turbines to Power Turtle Creek Station
Siemens Energy will provide two SGT6-5000F turbines to power Omaha Public Power District’s new Turtle Creek Station Peaking Plant in Papillion, Nebraska.
Energy-Eficient Building
How Improving Our Buildings can Help us Reach Net Zero
These emissions are mainly the result of burning fossil fuels for heating through our gas and oil boilers – as well as some for cooking.
Biofuel
New Zealand Proposes New Biofuels Targets
New Zealand is proposing a biofuels regulation to reduce greenhouse gas emissions under which fuel suppliers will have to reduce emissions of the fuels they sel…
Crude Oil
Crude Oil Prices Steady Near Multi-Year Highs
Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling U.S. crude inventories which limited the impact of a stronger U.S. dollar.
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