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Oil and Gas Equipment
Breakthrough in China's Offshore Oil and Gas Core Equipment
The sea trial of the first independently developed underwater Christmas tree system was successful.
Crude Oil
China April Crude Oil Output Up 3.4 pct on yr
China's April domestic crude oil production rose 3.4 percent on year to 16.41 million tonnes.
Crude Oil
Russia Is Making A Mad Dash To Outrun Peak Oil Demand
Several of the world’s largest oil-producing nations have recently made public plans to boost their production capacity.
Oil Field
Iran to Award $1.8 Billion Gas Field Contract to Local Company
Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously inte…
Carbon Neutral
North Dakota Governor Sets Carbon-Neutral Goal by 2030
North Dakota, the nation’s second largest oil-producing state, will strive to become carbon-neutral by decade’s end, Gov. Doug Burgum said Wednesday.
Oil Pipeline
U.S. Pipeline Hack Attack: Global Cybersecurity Matters
Last Friday, a hacker group called DarkSide deployed a ransomware attack on a pipeline system that carries nearly half of the U.S. east coast's fuel supply.
Natural Gas
The Future of Natural Gas in ASEAN’s Power Sector
The development of electricity markets in the Association of Southeast Asia Nations is in a dynamic stage, both for demand and supply.
Oil Price
Gasoline Prices hit $3 As Shortages Grow on U.S. Pipeline Outage
U.S. average gasoline prices exceeded $3 a gallon for the first time in more than six years amid growing shortages of fuel across the South and East while Colon…
Oil Price
Oil Prices Set For Biggest Daily Drop Since Early April
Oil prices dropped by almost 3 percent on Thursday morning and were set for the biggest percentage drop since early April, after the restart of Colonial Pipelin…
Carbon Neutral
Eni to Splash €5.7 bln by 2024 in Carbon-Neutrality Push
Italian oil and gas company Eni has released its Eni for 2020 sustainability report, outlining the company’s path to face the global challenges.
Natural Gas
Brightmark Begins Construction of Arizona RNG Project
Brightmark, a global waste solutions provider, has broken ground on the Caballero Renewable Natural Gas project, which includes the construction of new anaerobi…
Oil Pipeline
Largest US Pipeline Restarts Operations After Hack Shut It Down for Nearly a Week
Announcement comes amid fuel shortages in south-east, with panicked drivers filling up their tanks
OPEC
Video: OPEC Reiterates Global Oil Demand Forecast for 2021
OPEC reiterated its 2021 forecasts for world oil demand on Tuesday, as it nudged its predictions for global economic growth higher.
Oil Price
Record-High Fuel Prices Add To Concerns About India’s Oil Demand
Gasoline and diesel prices in India hit a new record-high on Wednesday, adding another concern for the oil market about demand in the world’s third-largest oil…
LNG
Qatar Could Offer Chinese Firms Stakes In World’s Largest LNG Project
Qatar is in discussions with Chinese state energy giants to potentially make them equity partners in the world’s largest LNG project, in what could be a strate…
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