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Oil & Gas Trade
Oman Oil Exports Stage Strong Rebound in March
Oman's oil exports rebounded from a 19-month low in February to average 776,000 b/d in March, according to energy ministry data.
Combined cycle power plant
ACWA Power Secures Funding for $1bn CCGT Plant in Uzbekistan
Renewable energy developer ACWA Power has closed a deal with seven international lenders for the provision of funding to develop a 1,500MW Combined Cycle Gas-Tu…
Combined cycle power plant
Thailand’s First M701JAC Turbine Begins Operations at CCGT Plant
The first M701JAC series gas turbine in southeast Asia has gone into commercial operation as part of a new gas-fired power plant in Thailand.
Hydrogen Fuel Cell Vehicle
KOGAS Developing Hydrogen Bus Charging Stations in UAE
The state-run Korea Gas Technology Corp. has been selected by the Ministry of Land, Infrastructure and Transport to lead a project on the development of infrast…
Gas Turbine
Siemens Energy Signs Long-Term Service Contract with Aramco
Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oil fields.
Oil & Gas Supply
OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …
Oil & Gas Supply
U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy
The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w…
Crude Oil
OPEC Meeting: Saudis Look To Unwind Unilateral Output Cuts
Oil prices gave up earlier gains and turned lower as of 11:39 a.m.
LNG
Gastrade and North Macedonia Cooperate on Greek LNG Terminal
Greek company Gastrade has signed agreements for the cooperation with National Energy Resources Skopje and AD Power Plants of Northern Macedonia for the Alexand…
Cooperation case
Iraq Signs Deal with France's Total on 4 Energy Projects
The Iraqi Ministry of Oil announced on Monday the signing of an initial agreement with French oil and gas company Total to build giant infrastructures, develop …
Net Zero Emission
Global Leaders get Real about Net Zero Goals at IEA Summit
Top international energy and climate leaders from more than 40 countries took part in the IEA-COP26 Net Zero Summit to identify how to work together to reduce g…
Oil Price
Oil Prices Rise as Opec+ Agrees to Gradually Increase Supply
The group will increase output by 250,000 bpd in May
Oil&Gas Drilling
ExxonMobil Nearly Ready to Start up Guyana FPSO Compressor
Oil major ExxonMobil is preparing to start up a gas compressor on SBM Offshore’s Liza Destiny FPSO, operating offshore Guyana, this week following a technical …
O&M
Reliance Bangladesh Signs GE for 718MW Plant O&M
General Electric will provide maintenance and digital solutions for a 718MW Bangladeshi combined cycle power plant that will run natural gas-fired and steam tur…
LNG
Korean GS Energy to Build LNG Power Plants in Vietnam
The two power plants are estimated to be completed by 2026 and 2027.
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