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Natural Gas
Rosneft’s Natural Gas Output Rose by 15% In 2022 (Russia)
The Russian state-owned oil company Rosneft has released its 2022 results, posting a net profit of RUB813bn (US$10.5bn, -7.9% compared to 2021). The group produ…
Oil Refinery
NTPC, Indian Oil Partner to Develop Re Projects for Refineries
This will help meet the round-the-clock power requirement for IOCL Refineries.NTPC subsidiary, NTPC Green Energy Limited (NGEL), signed a joint venture deal wit…
Geothermal Power Plant
Geothermal Energy Has Potential to Be Cost-Competitive With Other Renewables and Fossil Fuels
A conference organized by SPE Aberdeen for oil and gas professionals addresses current challenges in geothermal and presents the possible solutions.
Wind Energy Technology
Shipping can profitably reduce CO2 with VentoFoil wind support--Wind pioneers become Ambassadors
Making shipping more sustainable is high on the agenda of shipping companies, shippers and policymakers. The IMO is developing international regulations and sta…
Energy Technology
Sulzer Successfully Starts up World’s Largest Pygas-To-Styrene Extraction Unit
Sulzer Chemtech (GTC Technology) has completed the start-up of the world’s largest facility for styrene extraction from pyrolysis gasoline (pygas) derived…
Oil&Gas Drilling
Japanese Firm Taking Over Country’s Only Offshore Drilling Contractor to Fortify Its Oil & Gas Business
Hakuryu-11 jack-up rig; Source: JDCJapan’s oil and gas player JX Nippon Oil & Gas Exploration Corporation is in the process of acquiring the country&rsquo…
Oil & Gas Trade
Venezuelan Oil Minister Resigns on Investigation
Venezuela's oil minister Tareck El Aissami offered his resignation after three years in the post in the wake of a corruption investigation into state-owned …
Oil & Gas Trade
IMF: Libya’s Economy Will Depend on Oil and Gas Production for the Foreseeable Future
The country faces the challenge of reducing its reliance on hydrocarbons, while fostering stronger and more inclusive private sector-led growth, lender says
Nord Stream
Nord Stream Pipeline Blasts Stirred up Toxic Sediment
The explosions happened in a dumping ground for chemical warfare, but other contaminants proved most toxic to marine life.
Energy Security
Oil Spill Fear After Fatal Explosion on Chevron FSO Offshore Thailand
One contractor killed in incident on the Benchamas 2Government agencies are on alert for a potential oil spill from the floating storage and offloading (FSO) ve…
United Kingdom
BP Ties up With PetroChina to Develop Ccus Cluster in Southern China
Hainan project will draw expertise from BP’s The Net Zero Teesside Power project in UK
Oil Refinery
Jumbo-SAL-Alliance commences Basrah Refinery Upgrading Project shipments for JGC Corporation
The Jumbo-SAL-Alliance (JSA) has commenced its scope of work in the Basrah Refinery Upgrading Project for JGC Corporation. It is one of the largest projects eve…
Energy Saving
‘Heat Pumps Work’: Study Confirms Air Source Heat Pumps Three Times More Efficient Than Gas Boilers
New government-backed research project confirms heat pumps are an effective form of heating homes, even on cold daysAir Source Heat Pumps (ASHPs) could be as mu…
Oil & Gas Trade
Russian Exports: Shipments Fall on Black Sea Storms, Druzhba
kidsnord/ShutterstockRussia’s crude oil exports declined by nearly 9% in February due mainly to port stoppages in Novorossiysk and lower flows to Europe.C…
Oil Price
Global Oil Demand Set to Rise ‘Sharply’ on Air Travel Rebound and China Recovery
A floating refinery and storage vessel crosses Egypt's Suez Canal. Global oil demand will rise by 2 million bpd in 2023. AFPThe International Energy Agency …
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