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Hydrogen Project
Enagás, DISA Group Push Green Hydrogen Hub Project
Spanish companies Enagás and the DISA Group have joined forces to promote the production, distribution and commercialization of green hydrogen.
Oil Price
Goldman: Oil To Hit $80 On Largest Ever Demand Jump
Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months, the investment bank said on Wednesday, keeping its bullish fo…
Wave Energy
Wave Energy Trial to Power Oil & Gas Platforms
Lundin Energy Norway is collaborating with Ocean Harvesting Technologies on new R&D study to determine if wave energy converters could potentially provide clean…
Oil Refinery
Egypt to Build $7.5bn Petrochemical Complex in Ain Sokhna
Deal aims to meet local production needs and help the country become a regional energy hub
Electrification
Equinor Expands Electrification to Curb Oil and Gas Emissions
Successful commencement of Equinor’s total project pipeline could see the company electrifying over 35% of its total oil and gas production base by 2025 throug…
Energy Security
Oil Tanker Leaks Crude After Collision Near China’s Qingdao Port
A 900-foot crude tanker leaked oil into the ocean just outside China’s biggest refining center, raising the specter of environmental damage and disruption of s…
Oil Refinery
Korean Oil Refineries Offset Weak Oil Demand with Market Diversification
South Korea’s major oil refiners are going all-out to recoup losses from a Covid-19 pandemic-driven slump with market and product diversification.
Market Analysis
These Two Meetings Will Affect Oil And Gold Prices In May
Traders are closely watching two important events this week that are likely to set the tone for oil and gold prices next month.
Crude Oil
Taranto to Take First Seaborne Crude in Months
Italian integrated firm Eni's 84,000 b/d Taranto refinery is preparing to take its first seaborne crude cargo since September as domestic onshore supplies are c…
Crude Oil
Mexico Complying with Opec+ Deal: Energy Minister
Mexico is "complying" with its commitment to Opec+ with crude production just below its target
Natural Gas
Israeli Energy Giant Plans $1.1 billion Gas Deal with UAE Company
The $1.1 billion deal would be the biggest between the countries since they normalised ties.
Energy Technology
Crude Oil Catalytic Cracking Technology Realizes the World's First Industrial Application
Recently, the catalytic cracking technology of crude oil independently developed by the Research Institute of Petrochemical Industry is being tested in Yangzhou…
Hydrogen Project
GASCADE, Gasunie, RWE and Shell Sign Green Hydrogen Agreement
Project partners GASCADE, Gasunie, RWE and Shell have signed a declaration of intent to further intensify their collaboration on the AquaDuctus project.
Oil Field
Israeli Firm to Sell Gas Field Stakes to UAE Company: Statement
Delek is seeking to sell its stake in Tamar, a huge gas field under the Mediterranean some 80 kilometres off the coast of northern Israel
Natural Gas
South Korean Steelmaker POSCO Defends Myanmar Gas Business
About 20 per cent of the Myanmar gas business was used for local consumption including electricity production, contributing to the lives of ordinary people, it …
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