Oil

Gas Turbine
Germany to Inspect Freshly Arrived Nord Stream Gas Turbine Today
German Chancellor will visit Siemens Energy’s site where Nord Stream 1 gas turbine is kept after undergoing maintenance.
Carbon Neutral
Australian Pension Fund Dumps $133 Mln in Oil, Gas Stakes in Carbon Neutral Push
Australian pension fund NGS Super on Thursday said it had sold all its holdings in oil and gas companies, worth A$191 million ($133 million), in a drive to achi…
Oil Price
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …
U.N. Chief Urges Tax on ‘Grotesque Greed’ of Oil, Gas Companies
United Nations Secretary-General Antonio Guterres on Wednesday slammed the "grotesque greed" of oil and gas companies and their financial backers and urged gove…
Oil Shale
Shale Giant Chesapeake to Exit Oil as It Focuses on Natural Gas
Chesapeake will fully focus on key shale gas plays.
LNG
Less U.S. Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama
The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited expor…
Crude Oil
BP Profit Triples on Soaring Energy Prices
Oil company reveals profits increased to a 14-year high.
OPEC
Saudi Arabia May Push for Higher OPEC Production
Fox News: Saudi Arabia is reportedly planning to advocate for higher production at the upcoming OPEC+ meeting.
Natural Gas
EU Gas Dependence on Russia Falls by 50%
EU countries have made headway in buying more pipeline gas from Norway, Algeria and Azerbaijan.
Oil Refinery
Global Refining Capacity to Expand With New Projects in Middle East, Asia
The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects ar…
Oil Field
First Oil Flows From North Sea Field
German oil and gas company Wintershall Dea has started production from its operated Nova oil field in the Norwegian sector of the North Sea.
Coal-Fired Power Plants
Holtec Unveils Green Boiler Designed to Repurpose Coal Plants
Holtec International, an equipment provider that specializes in the design and manufacture of parts for nuclear reactors, in May unveiled a “green boiler” tec…
LNG
Australia May Limit LNG Exports Amid Domestic Gas Shortage
Australia is again facing a domestic gas shortage because of excessive exports, and the Australian Competition and Consumer Commission is warning that the gover…
Oil Price
Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices
Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited…
Crude Oil
As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production
Oil production in Libya has hit 1.2 million barrels per day, the level the country was producing prior to its declaration of force majeure in April, according t…

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Oil

Germany to Inspect Freshly Arrived Nord Stream Gas Turbine Today

Australian Pension Fund Dumps $133 Mln in Oil, Gas Stakes in Carbon Neutral Push

Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build

U.N. Chief Urges Tax on ‘Grotesque Greed’ of Oil, Gas Companies

Shale Giant Chesapeake to Exit Oil as It Focuses on Natural Gas

Less U.S. Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama

BP Profit Triples on Soaring Energy Prices

Saudi Arabia May Push for Higher OPEC Production

EU Gas Dependence on Russia Falls by 50%

Global Refining Capacity to Expand With New Projects in Middle East, Asia

First Oil Flows From North Sea Field

Holtec Unveils Green Boiler Designed to Repurpose Coal Plants

Australia May Limit LNG Exports Amid Domestic Gas Shortage

Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices

As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production