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Oil Price
China Cut the Retail Prices of Gasoline and Diesel From Wednesday, the 6th Cut This Year
China cut the retail prices of gasoline and diesel, effective today, Wednesday, 14 June 2023.This is the sixth cut (so far) this yearGasoline and diesel prices …
Oil & Gas Supply
UK Enriches Its Gas Arsenal as Another North Sea Well Comes Online
UK-headquartered IOG plc has brought on stream another well, as part of the Saturn Banks Project – Phase 1 in the Southern North Sea, boosting the UK ener…
Geothermal Drilling
GT Energy to Develop Geothermal Heating for Salisbury District Hospital
GT Energy, the geothermal unit of IGas Energy, has been selected to develop and operate a geothermal heat plant for the Salisbury District Hospital NHS Trust.
CCS
GE, Northern Lights Partner to Explore Ccs Opportunities
GE Vernova’s Gas Power business and Northern Lights will cooperate to explore end-to-end carbon capture and storage (CCS) opportunities involving plants p…
Crude Oil
As Profit From Renewables Dwindle, Shell Returns to Crude Oil
Shell will keep oil output steady or slightly higher into 2030 as part of the Chief Executive Officer, Wael Sawan’s, efforts to regain investor confidence…
Crude Oil
UNSC: Russia Resumed Refined Oil Exports to N. Korea in December
Photo : YONHAP NewsRussia officially resumed oil product exports to North Korea in December of last year after a hiatus of over two years.According to the UN Se…
Oil Price
US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions
The Bryan Mound Strategic Petroleum Reserve facility at Freeport, Texas. The US Department of Energy says the reserve system has a 'long history of protecti…
LNG Carrier
Spanish Government Greenlights El Musel Lng Terminal Start-up
El Musel LNG terminal in Gijón has received administrative authorization for its start-up from the Spanish Ministry for the Ecological Transition and the…
Oil&Gas Drilling
Oil Posts Second Weekly Decline as Demand Concerns Overshadow Saudi Cut
BENGALURU: Oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as disappointing Chinese data added to doubts about…
Electric Vehicle Charging
Illinois Advances Access to Chargers to Meet EV Goals
As of May, Illinois has met 7 percent of its goal to get 1 million EVs on the road by 2030. While the state has made significant efforts in recent years to faci…
Oil Exploration
Pennsylvania Expects $400 Million in Infrastructure Funds to Begin Plugging Thousands of Abandoned Oil Wells
One scientist studying toxic emissions from the wells called the amount “woefully inadequate” in a state where officials say there are probably 250,000 such a…
LNG
LX International Enters LNG Terminal Business
South Korean commodity trading and mining company LX International has announced it will partner with POSCO International to build LNG storage tanks and facilit…
LNG Carrier
Fratelli Cosulich Forms Lng Bunkering Partnership With Titan
Italian maritime transportation group Fratelli Cosulich has started a collaboration with low and zero-emission fuels supplier Titan as it seeks to strengthen it…
Crude Oil
Crude Oil Prices Impacted by Weak Data From China
China’s trade balance came down to $65.81 billion in May against $90.21 billion in June. May’s trade balance numbers were below the market expectati…
Gas turbine engine
GE-Powered Combined Cycle Plant Now Providing 1.8 GW of Electricity in Ohio
A new 1,875 MW combined cycle plant is now online in Guernsey County in Southeastern Ohio, according to an announcement by GE.The Guernsey Power Station is owne…
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