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LNG
Innovative Floating LNG Regasification Plant in Ghana gets Funding
Development set to reduce heavy fuel oil use, improve gas supply security, cut energy generation costs and significantly cut Co2 and sulphur dioxide emissions.
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
Under the increased pressure from the United States, the companies classifying ships are asked to check if vessels have participated in shipments to Venezuela.
Energy Investment
Repsol to Invest €5.5bn in Low Ccarbon Generation
Oil and gas player unveils spending as part of ‘strategic plan to accelerate energy transition’.
China
China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal
China has accelerated imports of crude oil, propane and liquefied natural gas from the United States since July.
Oil&Gas Drilling
Video: How Offshore Oil Rigs Work
How Offshore Oil Rigs Work
Biofuel
Battered by Virus and Oil Slump, Biofuels Fall out of Favour
The production of biofuels for transport in 2020 is expected to decline 11.6 percent on 2019 levels, the first fall in 20 years, according to the International …
Oil&Gas Drilling
Baker Hughes Reports US Rig Rebound
The total number of rotary drilling rigs operating in the United States rebounded this past week, Baker Hughes Co. reported Wednesday.
Oil Field
Genel Begins Production from Sarta Oil Field in Iraq
Iraq-focused independent Genel Energy said production has started at the Sarta oil field in the semi-autonomous Kurdistan region of northern Iraq.
Hydrogen Fuel Stations
Air Products and Nogaholding to Develop Bahrain’s Hydrogen Economy
Air Products and nogaholding, an investment and business development arm of National Oil and Gas Authority, will assess the potential development of a hydrogen …
Natural Gas
Mozambique’s Ambitious Northern Gas Plans Head South
Natural gas was supposed to help industrialise the northern provinces, but after a string of project cancellations it will be transported to the more prosperous…
LNG
Significant Progress Made on Arctic LNG 2
PAO NOVATEK has announced that a regular working meeting was recently held regarding the status of Arctic LNG 2 project with the respective management of the pr…
Crude Oil
The OPEC Producer Looking To Sell A Stake In Its Oil Company
OPEC producer Angola plans to raise much-needed cash via selling a stake in its state oil firm Sonangol by early 2022 as the crash in oil prices—and the pandem…
Crude Oil
U.S. Crude Oil Inventories Decrease by 0.8 million Barrels
U.S. commercial crude oil inventories decreased by 0.8 million barrels from the previous week.
Crude Oil
Kazakhstan will Produce 86 Million Tons of Oil in 2021
According to media reports on November 20, Kazakhstan’s Minister of National Economy Ruslan Dalenov said on Thursday that the country’s oil production next ye…
LNG
GE Makes Deal for Vietnam LNG Project
General Electric Co. and a Vietnamese company signed a memorandum of understanding to develop an LNG power plant near Ho Chi Minh City.
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