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Energy Storage Battery
Vard Electro to Deliver First Multi-mode Battery Technology Vessel for Canadian Oil and Gas
Vard Electro has been awarded a contract for an innovative hybrid battery power system with Atlantic Towing to be integrated on their vessel Atlantic Shrike.
Oil Price
Oil Falls Slightly Despite Crude Draw
The American Petroleum Institute on Tuesday reported a draw in crude oil inventories of 4.079 million barrels for the week ending July 9, bringing the total 202…
OPEC
OPEC+ Deadlock is Bad News for Oil Producers and Consumers, IEA Warns
The International Energy Agency on Tuesday warned that world oil markets are likely to remain volatile following a breakdown in talks between OPEC members and t…
LNG
Gas Import Options Expanding for China
China is poised to become the top global liquefied natural gas importer this year, bypassing current leader Japan
Oil & Gas Trade
Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies
Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market.
Oil&Gas Drilling
U.S. Drilling Approvals Increase Despite Biden Climate Pledge
The Interior Department approved about 2,500 permits to drill on public and tribal lands in the first six months of the year
Oil Pipeline
Nord Stream 2 Targets August for Completion of Baltic Pipelay Work
Eponymous project's operator assures the pipeline will be fully certified and ready to pump Russian gas to Germany before end of year
Coal Mine
Gautam Adani Boosting Fossil Fuel Footprint Despite Pledge to Turn Carbon Neutral
The Adani Group is doubling its coal-fired power capacity to 24 gigawatts, plans to own, develop or operate coal mines with a combined capacity of 132 million t…
Oil Price
Video: Oil Prices Pushed Up By Rivalry Between Saudi Arabia & UAE, Why Are These Two Gulf Nations Sparring?
A public rift between the UAE & Saudi Arabia over oil production quotas has led to soaring oil prices.
Japan
Japan to Remain Committed to Oil and Gas Development Projects
Japan will remain committed to upstream oil and gas developments and plans to boost its ratio of equity oil and gas as it expects the fuels to play a key role i…
Hydrogen Project
UAE’s ADNOC to Explore Hydrogen and Blue Ammonia with Japanese Groups
Abu Dhabi National Oil Company is set to explore the commercial opportunities for hydrogen and blue ammonia in collaboration with Japanese companies Inpex, Jera…
Angola
Angola Kicks Oil Privatization Into Overdrive
Angola is seeking buyers for state insurer ENSA as part of a privatization drive that also includes the partial sale of state oil major Sonangol.
Crude Oil
Brazil Plans To Be 5th-Largest Crude Exporter By 2030
Brazil’s expected oil output surge this decade will make it the world’s fifth-largest crude exporter in 2030, Brazilian Mines and Energy Minister Bento Albuqu…
Energy Investment
Eni to Buy 315-MW Wind Portfolio in Italy
Italian oil and gas group Eni SpA will fully acquire a 315-MW operational wind portfolio in Italy from UK fund manager Glennmont Partners and Dutch pension fund…
LNG
Baidyanath to Start Country’s First Commercial LNG Filling Station
Makers of Ayurvedic medicines from the city, Shree Baidyanath, has diversified into liquified natural gas sale.
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