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Combined cycle power plant
MHPS to Supply Turbines for 2.4GW Combined Cycle GTCC Plant in UAE
Mitsubishi Hitachi Power Systems has secured a contract to supply three M701 JAC generators for Fujairah F3, a 2.4GW gas turbine combined-cycle plant in the UAE…
Oil & Gas Trade
Singapore's Non-Oil Domestic Exports in July Increased by 6% Year-on-Year
According to data released by the Singapore Enterprise Development Board on August 17, Singapore’s non-oil domestic exports in July continued the upward trend …
Gas power plant
Explosion at Gas Pipeline Leads to Blackout in Syria
An explosion on the Arab Gas Pipeline has caused a power blackout in Syria and initial indications point to an attack.
Biomass Power Plant
SATBA Inks 15-Year Energy Obtain Deal with Iran's Merely Biogas Power Plant
Iran's Renewable Energy and Energy Efficiency Organization has marked a contract with the Water and Wastewater Department of Tehran Province to acquire the elec…
Oil & Gas Trade
Middle East Share of India's Oil Imports Hits 2-Year High in July
Middle Eastern oil accounted for 71.5% of India's oil imports in July.
Crude Oil
Iraq Pledges to Deepen Oil Output Cuts in August, September
Iraq said on Friday it would cut its oil production by another 400,000 barrels per day in both August and September to compensate for its overproduction in the …
Oil & Gas Trade
US Slashes Nigerian Oil Imports by 11.67m Barrels
The United States slashed its imports of Nigerian crude oil to 9.37 million barrels in the first five months of this year, 11.67 million barrels lower than what…
Gas turbine engine
Kawasaki Gas Engine and PBST Achieve World’s Highest Class Efficiency
Kawasaki Heavy Industries’ new type KG-18-T gas engine, equipped with German air management specialist, PBST’s two-stage-turbocharging ‘ECOCHARGE’ system.…
Australia
After Abandoning Coal, Suncorp will Phase Out Oil and Gas Financing
One of Australia’s largest insurers Suncorp has announced a significant retreat from fossil fuels, declaring it will not directly finance or insure new oil and…
Russian Federation
Gazprom Neft profit slumps 80% in Q2
Russia's Gazprom Neft, the oil business of state gas company Gazprom, said weak oil prices had driven a near 80% slump in second-quarter net profit to 22 billio…
Germany
Germany Narrows Gap to Achieve Climate Protection Target
Germany wants to reduce its greenhouse gas emissions by at least 40 per cent by 2020 compared with 1990 levels, and by at least 55 pe rcent by 2030.
Crude Oil
India’s July Crude Imports Fall to Decade Low
India's crude imports hit a decade low in July, falling by a record 36pc or 1.67mn b/d on the year because of a nationwide Covid-19 lockdown and sliding refinin…
Crude Oil
Angola Oil Output to Fall Below 1.2mn b/d by 2023: ANGP
The agency predicts a slight rebound next year but expects the growth to be short-lived.
Oil&Gas Drilling
World’s Largest Offshore Rig Owner Files Bankruptcy
UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8…
United States
High-Stakes Presidential Race Casts Cloud Over Future of US Shale
There is much at stake for the US shale oil industry in the forthcoming US presidential race. History shows us that the oil and gas industry did not prosper und…
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