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Carbon Emissions
Exxon Says World Set to Fail 2°C Global Warming Cap by 2050
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023. REUTERS/Pascal Rossignol Acquire Licensing Righ…
LNG
Chevron's Australia Lng Facilities Face Work Stoppages, Gas Prices Surge
The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas…
Oil Price
Oil Prices Edge Higher as China Announces Further Stimulus Measures
Oil prices edged higher on Monday as China's latest stimulus measures helped to alleviate fuel demand concerns.Brent, the benchmark for two thirds of the wo…
Oil & Gas Trade
Saudi Pif, Holders to Offer 30% Stake in Oil Driller Ades IPO
The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea, Norway, on Monday, Feb. 13, 2023. Equinor, Norway’s biggest o…
Oil&Gas Drilling
Equinor Starts up North Sea Oil, Gas Project
Equinor ASA has begun production at the Statfjord Ost field in the North Sea, expecting to raise its output by 26 million barrels of oil equivalent."The project…
Electric Vehicle Charging
Gulf Oil Further Strengthens EV Charging Biz, Buys 51% In Tirex Transmission for Rs 103 Crore
Gulf Oil Lubricants India, part of the Hinduja Group, has acquired a controlling stake in Tirex Transmission for Rs 103 crore, as part of a strategic move to bo…
Natural Gas
Shell Fires up Sweet Gas Production Offshore Malaysia
Shell has brought on stream its Timi sweet gas field development on Block SK 318 offshore Sarawak, Malaysia.The offshore field is designed to produce up to 50,0…
Oil & Gas Trade
Another Chevron Lng Facility in Australia to Decide on Strike Action
Workers at one of Chevron's liquefied natural gas (LNG) facilities in major exporter Australia will decide on Monday whether to authorise their unions to ca…
Oil & Gas Trade
Totalenergies to Carry Out 4 Large Energy Projects in Iraq
The TotalEnergies logo placed on the company’s headquarters in Paris, France. Photo: ReutersBaghdad (IraqiNews.com) – Iraq’s Basra Oil Company…
Oil & Gas Trade
BP Urges More Oil, Gas Investment While Speeding Energy Transition
A woman walks past a Jio-bp fuel tanker, an Indian fuel and mobility joint venture between Reliance Industries (RIL) and British Petroleum (BP), fuel station, i…
Oil & Gas Trade
Delta Community Threatens to Shut Down Oil Production
Nigeria’s oil industry may lose 20,000 barrels of petroleum crude per day as palpable tension grips the Otumara Flow Station operated by Shell Petroleum D…
Oil & Gas Trade
Los Alamos Team Sees Modeling as Tool to Blend Hydrogen in Natural Gas Pipelines
The Center Square) - Math modeling can improve safety when blending hydrogen with natural gas for transportation, Los Alamos National Laboratory announced in a …
Nuclear Fuel
Texas Nuclear Waste Storage Permit Invalidated by US Appeals Court
A U.S. appeals court on Friday canceled a license granted by a federal agency to a company to build a temporary nuclear waste storage facility in western Texas,…
Oil & Gas Trade
Rupee Crisis Costs Refinery rs750M on Crude Import
Pakistan’s oil industry is feeling the pinch of a plunging rupee that has made crude imports more costly and forced one refinery to book a hefty loss on a…
Oil & Gas Trade
Indian Oil Corporation to Invest Rs 4 Trillion to Expand Oil Refining and Petrochemical Businesses
Indian Oil Corporation on Friday said it plans to invest over Rs 4 lakh crore (trillion) in this decade to expand its oil refining and petrochemical businesses …
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