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Gas
Watch Neptune Install Subsea Equipment for Two North Sea Projects
Neptune Energy has successfully installed subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in the Norwegian s…
Coal Trade
South Korean 2H Coal Demand Faces Headwinds
Power sector coal demand in South Korea faces the dual headwind of rising nuclear availability and increasingly competitive gas prices.
Oil & Gas Trade
US Crude Floating Storage Shifts Toward Asia
Adds US crude export pricing context.
LNG
Golar to Supply LNG to Norsk Hydro Aluminum Smelter
LNG and energy firm Golar Power signed a memorandum of understanding with fellow Norwegian firm Norsk Hydro to supply LNG to its Hydro Alunorte smelter.
Gas power plant
European Investment Bank Supports Gas-fired Power Plant in Greece
The European Investment Bank has agreed to provide a loan to Mytilineos for the construction of an 826MW combined-cycle gas turbine power plant in Greece.
LNG
Chan May LNG to Build Power Project in Vietnam with $6bn Investment
US-Vietnamese joint venture Chan May LNG has reportedly planned to invest nearly $6bn in a power project in Vietnam.
Wind Power Project
Ball Signs Agreements to Strengthen 100% European Renewable Energy Goals
The wind developments in Spain and Sweden will collectively enable Ball to reduce its Scope 2 greenhouse gas emissions generated in Europe by approximately 60% …
Coal-Fired Power Plants
U.S. Gas-Fired Plants Convert Nearly Half of Fuel to Power
More than 60 percent of the energy consumed by U.S. utility-scale power generation facilities was lost in the conversion to electricity last year, according to …
Oil & Gas Trade
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.
Saudi Arabia
Saudi Arabia’s Oil Exports Fall 65% in May, WTI Regains $42
Citing official data, Oil exports from Saudi Arabia, the OPEC’s top producer, fell by 44,277 million riyals (USD12 billion) or 65.0% in May 2020.
Oil Pipeline
India: Unified Tariff on Gas Pipelines from September
In yet another reform initiative in the oil and gas sector, pipeline operators in the country may shift to a unified or pooled tariff regime for inter-connected…
Oil & Gas Trade
What’s Next For Oil And Gas?
Oil demand has been decimated by Covid-19, bottoming in April at 76 million barrels per day, down 25% from 102 million barrels per day in December 2019.
Oil & Gas Trade
Chevron CEO Michael Wirth on Why Noble Energy Deal is Good for Shareholders
Chevron will buy Noble Energy in a $5 billion stock-swap deal, valuing Noble at 7.6 percent above its Friday close.
Oil Field
CNOOC 21/2/16-3 Regional Development Project Put into Production
CNOOC announced that the Luda 21-2/16-3 regional development project has been put into operation.
Oil & Gas Trade
Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets
Urge the federal government to investigate and take appropriate action against Saudi Arabia and Russia for excessive crude dumping.
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