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Oil Price
Biden, Putin Did Not Discuss Oil Prices Or OPEC+ Deal
The leaders of the United States and Russia did not discuss oil prices or the OPEC+ deal at their summit in Geneva on Wednesday
Crude Oil
Oilfield Services Receive A Major Boost As Oil Prices Rally
The steady and substantial climb in oil prices has led to more business for oilfield service providers and higher prices.
Natural Gas
Equinor Extends Heimdal Gas Center’s North Sea Service Contract to 2023
New wells at Valemon will extend profitable operations at Heimdal, which is processing gas from Valemon.
Crude Oil
GS Caltex to Import 2 Million Barrels of Carbon Neutral Oil
GS Caltex will introduce two million barrels of carbon-neutral crude oil certified as carbon-neutral crude oil from Lundin Energy, a Swedish energy company.
Solar Power Plant
Madagascar: Ambatolampy Solar Plant to be Expanded
Jirama, state utility in Madagascar, has announced plans to extend the capacity of the Ambatolampy solar PV power plant and add battery storage.
Natural Gas
Waga Energy’s Landfill Biogas Recovery Technology Gains Popularity in Canada with Second Installation Contract
Waga Energy has secured a contract with the Brome-Missisquoi Intermunicipal Waste Management Board to produce biomethane at the Cowansville landfill site in Qu…
Crude Oil
Shell Considering Sale of Holdings in Largest U.S. Oil Field, Worth up to $10 billion
Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its mos…
Crude Oil
Lundin Energy Boasts Carbon Neutral Oil Production
Lundin Energy, a minority partner of Equinor in the giant Norwegian oilfield Johan Sverdrup, said on Wednesday that all future barrels of it would sell from Wes…
Electric Car
Amsterdam Expands EV Charging Stations with TotalEnergies
Oil and gas majors continue to play a critical role in accelerating the electrification of the transport sector as the energy transition intensifies.
Carbon Emissions
German Energy Agency Urges Negative Emissions Plan
Germany needs a strategy to rapidly upscale and deploy negative greenhouse gas emissions technologies, the country's energy agency Dena said today.
Hydrogen Project
Japan’s Iwatani Plans Hydrogen Venture in Australia
Japanese gas supplier Iwatani plans to open an office in Brisbane on the west coast of Australia in July, targeting to accelerate development of its hydrogen su…
Crude Oil
Equinor Delays Restart of Brazil Oil Field to 2022
Norway's Equinor plans to restart production and complete a second development phase at the Peregrino offshore oil field in first half 2022, extending an interr…
Crude Oil
Mercuria Sees Opec+ Control Keeping Crude Around $70/bl
Crude prices are likely to stay at about $70/bl "for a while", as Opec+ will use some of its spare capacity and boost production if prices top $75/bl in order t…
Coal Trade
South Korean Coal Imports Drop in May
Competitive gas prices and coal-fired plant restrictions trimmed South Korean thermal coal imports on the year in May, although receipts from Australia are at a…
Gas power plant
Wartsila to Set up 30-MW Power Plant for Oil India in Assam
The power plant is scheduled to be commissioned in November 2022
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