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Oil Price
Crude Oil Prices Drift Lower Despite US-China Trade Hopes
Crude oil prices drifted lower in the Asia Pacific Monday session, but remained close to three-month highs after three straight weeks of gains which have now me…
Clean emission
German Approves A Sweeping Package of Climate Policy Reforms
The German parliament on Friday formally approved a sweeping package of climate policy reforms, in a relief to Chancellor Angela Merkel's government as it faces…
Energy Security
Threat to Energy Security: Oil Companies Fear Disruption in Imports
Imports of petroleum products into Pakistan may be disrupted as the terminals operated by Karachi Port Trust (KPT) has stopped working, threatening energy secur…
Oil & Gas Trade
Germany Helps Broker Russian Gas Transit Deal Via Ukraine to EU
Following intense negotiations, Russian, Ukrainian representatives have reached an agreement in principle in Berlin on 19 December to continue the transit of Ru…
Gas turbine engine
Three Bidders For MAN Energy Solutions
Volkswagen has received bids from INNIO, Mitsubishi Heavy Industries and Cummins for its MAN Energy Solutions business, according to a Reuters report.
Oil&Gas Drilling
NPD Grants Equinor A Drilling Permit,Mist Well
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well located in the Barents Sea offshore Norway.
UK Government Figures Shows: Renewables Outperform Gas
The latest Energy Trends report, published by the Department for Business, Energy and Industrial Strategy (BEIS) shows that in the third quarter of 2019 renewab…
Gas turbine engine
Capstone Turbine Model C200 And C1000 Systems Wins Australian Certification
“Certification to the Australian standard is a significant accomplishment for our organization as the Australian certification comes on the heels of certificat…
Gas turbine engine
MHPS Will Supply M501JAC Gas Turbine for 565 MW Plant Planned in Brazil
The 565 MW Marlim Azul will come into operation in January 2023. The joint venture is to invest R$ 2.5 billion in the construction of the thermoelectric plant, …
Electric Car
NTSB Finds Tesla Crash That Killed 2 for Excessive Speed
Batteries like those used by Tesla and other electric cars can catch fire and burn rapidly in a crash, although Tesla has said its vehicles catch fire far less …
First Utility-Scale Gas Engine Power Plant Is Operational in Papua New Guinea
A 58 MW plant was supplied and built by Finnish technology group Wärtsilä and was inaugurated by Papua New Guinea prime minister James Marape. The plant is in…
Oil & Gas Trade
Shell-Reliance Give up Panna-Mukta Fields; Western Offshore Fields Revert to ONGC
Panna-Mukta and Tapti oil and gas fields in the Arabian Sea off the Mumbai coast were in 1994 awarded a consortium of US energy giant Enron and Reliance.
Oil & Gas Trade
Gas to Become Energy Transition’s 'Second Pillar'
The use of gas from all sources will become more important as Germany seeks to decarbonise its economy and phase out nuclear power, the new head of Germany's la…
U.S. Renews Waiver on COSCO's Dalian Tanker Unit Hit by Iran Sanctions
The Trump administration on Thursday renewed a waiver for companies to wind down transactions with the Dalian unit of a Chinese tanker company on which it had i…
Only the Atom, Not Fossil Gas, can Deliver Robust Climate Action
The pursuit of a solution to climate change via the route of fossil gas is a needless and harmful detour, writes Agneta Rising, director general of World Nuclea…
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