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New Technology
Scientists Convert Plastics Into Useful Chemicals for Fuel Cells Using Sunlight
Chemists at Nanyang Technological University, Singapore (NTU Singapore) have discovered a method that could turn plastic waste into valuable chemicals by using …
Oil and Gas Technology
South Korean Biochem Company Starts Biodiesel-Petrol Mix Production
SK Chemicals, South Korea's top biofuel producer, has begun research to mix its biodiesel with petroleum-based fuels to produce low-sulfur marine oil that will …
Siemens Working on Modern Power Plants in Iran
Germany’s engineering giant Siemens, in a joint project with Iran’s largest energy construction and engineering group Mapna, is working on launching power pla…
Oil & Gas Trade
Oil Market’s Big Data Show OPEC+ Cuts Fall Short
The three big oil forecasting agencies all see OPEC producers needing to comply fully with output cuts they agreed in Vienna last week if they are to avoid big …
DNO Makes Minor Oil and Gas Discovery off Norway
Oil and gas company DNO is in the process of concluding the drilling of a wildcat well near the Heidrun field in the Norwegian Sea after finding a minor oil and…
Oil & Gas Trade
Aramco Floats to Become the World’s Most Valuable Company
Saudi Arabia’s state-owned oil company, Saudi Aramco, officially became the world’s most valuable company yesterday, after its floating on Riyadh’s stock exc…
Oil & Gas Trade
OPEC+ Oil Supply Cuts Won’t Prevent Surplus in 2020
Global oil markets still face a surplus next year even if OPEC and its partners deliver newly-announced production cuts in full, the International Energy Agency…
Gas turbine engine
MAN Energy Solutions Delivered Ten 20V35/44G Gas Engines to Power A Steel Mill in Bolivia
Germany’s MAN Energy Solutions has delivered ten of its 20V35/44G gas engines with a combined capacity of over 100 MW to power a steel mill in Bolivia.
Coal Price
Queensland's Debt Blows Out by $1b in Six Months as Coal Price Slumps
The Queensland government’s “surprise” decision to increase liquefied natural gas royalties in this year’s budget has failed to slow the state’s climbing d…
Crude
Saudi Aramco Replaces Apple as World’s Largest Listed Company
Saudi Arabia’s oil company Aramco gained 10 per cent in its first moments on the stock market on Wednesday in a dramatic debut that held until closing and push…
Gas power plant
Uniper SE Will Turn 3.5 GW of Gas-Fired Power Plants Back in Germany
Gas plants also are benefiting both from a slump in the price of the fuel. Uniper, one of Europe’s largest utilities, will bring back on line as much as 3.5 gi…
Thermal Plant
Los Angeles Wants to Replace the Natural Gas Plant by Hydrogen-fueled Power Plant
As Los Angeles weans itself off the last of its coal-generated electricity, the city needs to replace that fuel with a climate-polluting natural gas plant in Ut…
Los Angeles Wants to Build Their Fist Hydrogen-Fueled Power Plant
As Los Angeles weans itself off the last of its coal-generated electricity, the city needs to replace that fuel with a climate-polluting natural gas plant in Ut…
Electric Car
Audi Introduces New Plug-in Electric SUV
Germany luxury automotive manufacturer Audi has unveiled its new plug-in hybrid electric vehicle (PHEV) sports utility vehicle (SUV), the Q7 TFSI e quattro, whi…
Oil & Gas Trade
Saudi Aramco Oil Firm Starts Trading after Record £19.5bn IPO
Saudi Arabia’s oil company Aramco has started trading on the Saudi Tadawul stock exchange for the first time after a 25.6 billion dollar (£19.5 billion) initi…
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