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Natural Gas
Shell Cheers First Gas from Trinidad and Tobago Gas project
Oil major Shell has started production from Block 5C in the East Coast Marine Area, also known as project Barracuda, located in Trinidad and Tobago, marking a m…
Oil Field
CNOOC Brings Online Another Oilfield off China
Chinese oil and gas giant CNOOC Limited has started production from its Luda 29-1 oilfield, which is located offshore China.
Crude Oil
Iran Opens New Oil Terminal in Bid to Bypass Crucial Strait of Hormuz for Exports
Iran on Thursday opened its first oil terminal in the Gulf of Oman, a move aimed at making Iranian President Hassan Rouhani’s regime less dependent on the Stra…
Oil & Gas Trade
Italian LNG Imports Fall on Quick Algerian Piped Supply
Italy's LNG receipts have fallen sharply since the start of the 2020-21 gas year, displaced by brisk Algerian pipeline take.
Vietnam
Renewed Lockdown to Limit Vietnam's Gasoline Demand
Net importer Vietnam's gasoline demand is expected to take another hit as part of the country returns to a lockdown with rising Covid-19 cases.
Crude Oil
Russia Weighs Gasoline Export Ban
Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.
Substation
Hitachi Develops Prefabricated Gas-Insulated Substation
Hitachi ABB Power Grids has composed a complete prefabricated containerized gas-insulated substation for the industrial gas company Linde.
CCS
UK’s Carbon Capture Plan Carries A Hefty Price Tag
The cost of development of clean hydrogen and greenhouse gas removals could surpass £40bn by 2035, according to a new report by the UK’s carbon capture trade …
Crude Oil
China Taps Into Crude Reserves To Curb Oil Price Rally
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to c…
LNG
Shell Delivers First Gas from Barracuda Project
Shell Trinidad and Tobago announced that production has started on Block 5C in the East Coast Marine Area in Trinidad and Tobago.
Market Analysis
Carbon Capture is Expected to Play a Pivotal Role in the Race to Net Zero Emissions
Carbon capture technology is often held up as a source of hope in reducing global greenhouse gas emissions, featuring prominently in countries’ climate plans a…
Oil Pipeline
U.S., Germany Strike a Deal to Allow Completion of Controversial Russian Nord Stream 2 pipeline
The United States and Germany reached an agreement to allow completion of the $11 billion Nord Stream 2 pipeline, a thorny, long-standing point of contention be…
Crude Oil
Goldman Cuts Q3 Brent Forecast to $75 a Barrel
Oil prices fell $5 a barrel on Monday in response to fears over the hit to demand from rising Delta coronavirus infections and an OPEC+ agreement to boost outpu…
Microgrid
US Airport goes “Off-Grid” with Solar Hybrid Microgrid
Pittsburgh International Airport has become the first airport in the world to be completely powered by an onsite natural gas and solar microgrid, serving to inc…
Energy Storage Battery
Group14 Technologies and SK Materials form JV to Build Plant for Lithium-silicon Battery Materials
Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers o…
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