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Electricity Transmission
Xinjiang's Electricity Transmission Volume Tops 500B kWh
Xinjiang Uygur Autonomous Region in northwest China has transmitted a total of 503.7 billion kWh of locally-generated electricity to other parts of the country …
Natural Gas
Saudi Arabia Announces Discovery of Five Natural Gas Fields
Saudi Arabia’s state oil company discovered five new natural gas fields across the kingdom that can produce over 100 million cubic feet per day in total, as th…
Nord Stream 2
Germany's E.ON Rejects Halting Nord Stream 1 Pipeline
E.ON, Europe's largest operator of energy networks, rejected demands to shut down the Nord Stream 1 gas pipeline as part of sanctions against Russia for invadin…
OPEC+ Trims Forecast for 2022 Oil Market Surplus in Latest Data
OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels per day (bpd) to 1.1 million bpd, according to a base scenario in a tec…
Oil Price
Oil Prices to Remain Volatile as Russia-Ukraine Crisis Intensifies
Oil prices receded to below $100 a barrel at the end of trading on Friday after breaching the psychological level to reach prices not seen since 2014.
United States
Progress on Iran Nuclear Deal, but Tough Issues Remain
Negotiators have made significant progress in the last week or so on reviving the 2015 Iran nuclear deal but very tough issues remain, a senior U.S. State Depar…
Oil Exploration
Namibia: TotalEnergies Makes Significant Discovery In Offshore Block 2913B
TotalEnergies said Thursday it has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Bas…
CCS
An Overview of Europe's Carbon Capture and Storage Developments
The EU made a target to be climate-neutral by 2050, including goals to cut 2030 net greenhouse gas emissions by a minimum of 55 percent compared to 1990.
Oil & Gas Trade
Sri Lanka Needs US$1,285mn for Three Months of Oil, US$500mn from India: Minister
Sri Lanka needs 1,285 million US dollar for oil imports in the next three months, of which 500 million will come from an Indian credit line, Energy Minister Uda…
Crude Oil
After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’
Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the…
Electric Car
127 Hydrogen Buses to Arrive in Bologna by 2026
The first 34 vehicles will arrive by December 2024 and the others by June 2026.
Energy Transition
The Energy Transition Is Just Getting Started
2021 saw continued positive momentum for the energy transition, with policy commitments and investments made to accelerate the decarbonization of the global ene…
Oil Price
Oil at $103: No Fears of Supply Disruption to India, Prices a Concern
International oil prices surged to over a seven-year high of USD 103 a barrel on Thursday after Russia attacked Ukraine, but supply lines to India remain unaffe…
Oil Price
Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts
The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…
Energy Storage System
Subsea 7 and FLASC Awarded Grant for Offshore Energy Storage Project
Subsea 7 and technology partner FLASC B.V., have been awarded a grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) for …

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Xinjiang's Electricity Transmission Volume Tops 500B kWh

Saudi Arabia Announces Discovery of Five Natural Gas Fields

Germany's E.ON Rejects Halting Nord Stream 1 Pipeline

OPEC+ Trims Forecast for 2022 Oil Market Surplus in Latest Data

Oil Prices to Remain Volatile as Russia-Ukraine Crisis Intensifies

Progress on Iran Nuclear Deal, but Tough Issues Remain

Namibia: TotalEnergies Makes Significant Discovery In Offshore Block 2913B

An Overview of Europe's Carbon Capture and Storage Developments

Sri Lanka Needs US$1,285mn for Three Months of Oil, US$500mn from India: Minister

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

127 Hydrogen Buses to Arrive in Bologna by 2026

The Energy Transition Is Just Getting Started

Oil at $103: No Fears of Supply Disruption to India, Prices a Concern

Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts

Subsea 7 and FLASC Awarded Grant for Offshore Energy Storage Project