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Crude Oil
BP Says Global Oil Demand has Passed 100 million Barrels per day
As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before …
Oil Pipeline
Nord Stream 2 Too Late To Alleviate Europe's Winter Gas Crunch
The controversial Russia-led natural gas pipeline Nord Stream 2 will likely get approval from German and EU regulators, but this approval could also likely come…
Crude Oil
CNOOC Gives Green Light to Uganda Crude Project
China's state-controlled CNOOC has taken a final investment decision on the Kingfisher crude project in Uganda.
Natural Gas
Ukraine Plans Gas Measure Change from May 2022
Ukraine's parliament has supported a revised bill requiring gas reporting to be measured in energy units rather than volumetric space, with effect from May 2022…
Oil & Gas Supply
Opec+ JMMC Recommends Sticking to Output Policy
The Opec+ Joint Ministerial Monitoring Committee is recommending sticking to a 400,000 b/d combined crude quota increase for December, two delegates said, even …
Crude Oil
Oil Exporters to See Large Surpluses in 2021 and 2022 Amid Higher Crude Prices
Prices are also up because of underinvestment in the sector, which led to tighter supply
Natural Gas
South Korea Cuts Price of Domestic Natural Gas for Hydrogen Production by 25%
South Korea has cut the domestic price of natural gas used to make hydrogen by 25% to help lower hydrogen production costs in a bid to boost hydrogen consumptio…
Hydrogen Production
High-Purity Hydrogen Produced from Biogas in Austria
Graz University of Technology in Austria and start-up Rouge H2 Engineering have produced high-purity hydrogen from biogas directly at a biogas plant.
Hydrogen Production
New Gas Conversion to Hydrogen Plant Starts Operation in China
A new gas conversion to hydrogen plant has now started operation in China in which developer SWCHEM hopes will support the Chinese hydrogen ecosystem.
Oil Price
LNG Prices Soar To New Record In China
There is one recurring problem with central planning: the greater the level of intervention, the worse and more widespread the unexpected adverse consequences.
Net Zero Emission
Nigeria Vows to Reach Net-Zero by 2060, Highlights Key Role of Gas in Energy Transition
During the COP26 summit in Glasgow, Nigerian President Muhammadu Buhari has pledged Nigeria will cut its carbon emissions and reach net-zero by 2060
Oil Exploration
Empyrean Gearing up to Drill ‘First Exciting Exploration Well in China’
Oil and gas company Empyrean Energy has made significant operational progress towards spudding the LH 17-2-1 exploration well at the Jade prospect on Block 29/1…
Oil Price
Opec+ Set to Meet Amid Calls for Lower Prices as Oil Hits Multi-Year Highs
Crude prices have surged in recent months as economies reopen after months of lockdowns
Uganda
Uganda Counts on TotalEnergies, CNOOC to Create New African Oil Hub
Ugandan President Yoweri Museveni is counting on TotalEnergies SE and CNOOC Ltd. to produce oil from its fields in four years, laying the foundation for a new r…
Crude Oil
OPEC+ Lgnores Calls For More Crude, Adds Meagre 140,000 Bpd In October
OPEC+ added just 140,000 barrels daily of crude oil last month
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