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Carbon Emissions
Chinese Provinces to Pilot Carbon Emission Assessments
The Chinese ecology and environment ministry is spearheading a pilot programme across seven provinces aimed at assessing the carbon emission impact of projects …
Natural Gas
East Timor's Bayu-Undan Infill Well Produces First Gas
The $235mn project was sanctioned in January.
Energy Security
Over 90% of Sinopec Henan Gas Stations have Resumed Operations!
Since July 17, China's Henan Province has experienced the first extreme heavy rainfall in its history.
Energy Transition
Chevron Sets up Energy Transition Unit, Names Company Insider As Head
Chevron Corp on Thursday announced the creation of a new unit to manage the second largest U.S. oil producer's low-carbon investments, with an initial focus on …
South Korea
South Korea: Hyundai Oilbank Sells Storage Terminal Business
Hyundai Oilbank will sell off a majority stake in its oil storage terminal in Ulsan, on the country's southeast coast, to help fund its green energy projects.
Oil Pipeline
OMV: Nord Stream 2 Could Start Shipping Gas This Year
The Russia-led Nord Stream 2 natural gas pipeline could begin shipping gas as soon as this year, one of the western investors in the project
Crude Oil
Oil Edges Higher on Tighter U.S. Supplies, Brent Tops $75 a Barrel
Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude o…
China
Sinopec's million-ton Ethylene Project is About to Put into Production
At present, Sinopec has a comprehensive crude oil processing capacity of 9.2 million tons/year in Hainan.
Hydrogen Project
Is Hydrogen the New Oil?
Hydrogen may have lost the race to fuel electric cars but looks a likely contender to replace fossil fuels in trucks, ships, planes and heavy industry.
Crude Oil
Exxon Makes Another Major Oil Discovery Offshore Guyana
ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday.
Oil & Gas Trade
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
Crude Oil
Russia Was World’s Second-Largest Oil Producer In H1 2021
Russia was the world’s second-largest producer in the first five months of this year after the United States, data from Rosstat, the state statistics bureau, h…
Net Zero Emission
Japan’s Unveils 'Ambitious' Plan to Cut Fossil Fuel in Energy Mix to 41%
WoodMac warns that this will have significant ramifications for coal, LNG, and oil demand.
Oil Pipeline
Video: How The $25 Billion Nigeria Morocco Gas Pipeline Will Change The Energy Sector In Africa
How The $25 Billion Nigeria Morocco Gas Pipeline Will Change The Energy Sector In Africa
Oil Field
South Sudan Readies for 2020 Oil Licensing Launch
The Minister will also announce a tender for an environmental audit for the country’s producing oilfields at the SSOP conference.
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