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Oil Exploration
QatarEnergy Joins Forces with ExxonMobil for Exploration Offshore Canada
Qatar’s state-owned oil and gas company QatarEnergy has signed a farm-in agreement with ExxonMobil Canada for an exploration license offshore Canada.
OPEC
Saudi Oil Minister: OPEC+ Shouldn't Rush To Boost Production
Saudi Oil Minister: OPEC+ needs to remain cautious with its approach to oil production adjustments despite rising prices
Oil Price
Wall Street Projects a “Higher for Longer” Era for Oil Prices
Could the era of cheap oil supply be gone for good? That’s the conclusion of some of the biggest commodities desks on Wall Street, where banks have been liftin…
Natural Gas
Refiners Suffer From Record High Natural Gas Prices
Record natural gas prices in Europe and Asia are eroding oil refiner margins
Oil & Gas Trade
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…
Oil Refinery
Dalian Revives Plan to Relocate PetroChina Refinery
But the long-mooted plan faces financial and potential regulatory hurdles and may increase petrochemical competition in the region.
China
Vestas to Combine Its China and Asia-Pacific Business Regions
The turbine manufacturer aims to allocate its resources most efficiently by combining the two business regions.
Nuclear Technology
UK Recycles Decommissioned Nuclear Cargo Vessel
The UK Nuclear Decommissioning Authority said on 12 October Nuclear Transport Solutions, which operated Oceanic Pintail, had set Dales Marine Services the chall…
Oil Refinery
Mexico’s Tula Refinery Halted Since Last Week
Mexico's 315,000 b/d Tula refinery in the state of Hidalgo stopped processing crude late last week because of full product stocks after a rail blockade choked i…
Electricity Trade
German Industrial Power Prices Hit New High
German industrial power prices have reached another record high, energy-intensive industry association VIK said.
Natural Gas
Two more UK Energy Firms go Bust as Prices Soar
Two more UK energy firms have ceased trading amid soaring wholesale energy prices.
Natural Gas
Northern Ireland Gas Storage Project Secures Greenlight as Prices Skyrocket
The UK government has approved the construction of a gas energy storage project in Northern Ireland amidst an energy crisis caused by natural gas supply constra…
Coal Trade
US, Canada Coking Coal Exports Shift Towards Asia
US and Canadian coking coal exports to China and India rose in August, while Atlantic buyers turned to Australian cargoes at lower prices.
Biofuel
Veolia Produces 12.4MW of Clean Power with New Biogas Plants
Environmental infrastructure development company, Veolia, has inaugurated three new thermoelectric power plants at its waste recovery centres in the states of S…
Coal Price
China’s Coal Prices Soar To All-Time High As Floods Shut Down Sixty Mines
Coal futures in China closed at a new record high on Monday
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