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Energy Transition
BP CEO on Clean Energy Transition, Natural Gas, Trading
Aug.05 -- Bernard Looney, chief executive officer at BP Plc, discusses the company’s clean energy transition, the natural gas business and the trading business…
The 20 Countries with the Highest Natural Gas Production from 1970 to 2018
Which country produces the most natural gas?
Crude Oil
Exxon: 20 Percent Of Global Oil And Gas Reserves may be Wiped Out
After a grim Q2 season for Big Oil, the world’s third-most valuable energy company is warning that 20% of the world’s oil and gas reserves may no longer be vi…
Oil & Gas Trade
China’s Crude Oil Imports Drop From Record Highs
China’s crude oil imports are estimated to have dropped in July by 3 percent from June, but they were still much higher than the import volumes in July 2019.
Energy Transition
Vestas GHG Goals on Track with Paris Accord
Vestas has had its greenhouse gas reduction targets validated to confirm they are in line with the levels required to keep global warming to 1.5°Celsius above …
Oil Pipeline
Equitrans Confirms Early 2021 Startup for Mountain Valley Natural Gas Pipeline
U.S. pipeline company Equitrans Midstream Corp said on Tuesday it still expects to complete the $5.4 billion Mountain Valley natural gas pipeline from West Virg…
Cyprus
EU Banks Support Natural Gas Adoption in Cyprus
The Natural Gas Infrastructure Company of Cyprus has secured a €80 million loan from the European Bank for Reconstruction and Development.
United Kingdom
BP To Cut Oil Production 40% By 2030, And Invest Billions Into Green Energy
In some refreshingly good news for the environment, news coming out of London, BP has announced that it is planning to cut oil and gas production by 40% and inv…
United States
Cimarron Composites Signs Contract with Shell Oil
Alabama-based Cimarron Composites has signed a five-year purchase agreement with Shell Oil company to provide advanced composite cylinders for hydrogen gas tran…
Biomass Power Plant
UK Biomass Generation Rises with Grid Demand in July
The UK's biomass-fired generation increased on the month and year in July as Covid-19 lockdown measures eased, resulting in extra demand on the power grid.
Hydrogen Fuel Cell
Australian Demonstration Project will Convert Biogas to Hydrogen
Australia-based Hazer Group on July 31 announced its board has made a final investment decision to proceed with the development of a commercial demonstration pl…
Azerbaijan Stuck to Opec+ Quota in July
Azerbaijan produced 553,800 b/d of crude last month, unchanged from June and fully in line with its Opec+ commitment, according to preliminary data from state-o…
Oil&Gas Drilling
Neptune Energy Makes 'Significant' Oil Discovery in Norway
Britain's Neptune Energy and its partners have discovered oil at a jointly owned drilling license in the Norwegian part of the North Sea.
Oil & Gas Trade
Ukraine Says no Plans to Resume Gas Purchases from Russia
Ukraine's state energy firm Naftogaz said it would not resume buying natural gas from Russia.
United Kingdom
BP Cuts Dividend for First Time in a Decade After Record Loss
The dive into the red came after the firm slashed the value of its oil and gas exploration assets in response to price forecasts.
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