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Crude Oil
India's January Crude Processing Scales over 1-yr Peak
India's crude oil processing registered its second straight year-on-yea gain in January, while hitting a more than one-year high, as fuel demand improved on the…
Oil Pipeline
All Parties Accelerate the East Mediterranean Gas Pipeline Project
The project is expected to cost 7 billion euros, with a natural gas transportation volume of 9-12 billion cubic meters per year.
Nepal
Linxon Commissions Nepal's First 400-kilovolt GIS Substation at Dhalkebar
Engineering firm Linxon on Friday said it has successfully commissioned Nepal's first 400-kilovolt gas insulated substation at Dhalkebar.
AB Energy to Supply Technology to Evergaz Biomethane Project
The facility prevents 4965 tpy of CO2 emissions and enables the spreading of natural fertilizer on the fields of 63 local farms, covering 4500 ha.
Energy Technology
New Method Converts Methane in Natural Gas to Methanol at Room Temperature
Researchers at the University of Illinois Chicago have discovered a way to convert the methane in natural gas into liquid methanol at room temperature.
Oil Exploration
Woodside to go Ahead with Myanmar Exploration Plans Regardless of Coup
Australian energy giant Woodside Petroleum believes that the military coup in Myanmar is just “a transitionary issue” and will not affect its offshore drillin…
Oil Price
Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze
Oil prices slid by up to 2 per cent on Friday, on worries that refineries will take time to resume operations after the big freeze in the U.S. South, creating a…
Crude Oil
Oil Drops as Investors Gauge Big Chill Impact on US Refineries
US West Texas Intermediate crude fell 2% to $59.3 a barrel on Friday.
Paris Climate Agreement
US Returns to Paris Climate Agreement
The US officially rejoined the Paris climate agreement today, with the country's top climate diplomat calling for more action by the world's major emitters.
Natural Gas
Texas Energy Regulator Extends Gas Prioritization
State energy regulator Texas Railroad Commission late yesterday extended orders prioritizing natural gas for power generation, residences and hospitals and lowe…
LNG
Woodside Signs new LNG Supply Deal with Germany’s RWE
Australian independent Woodside Petroleum has signed a seven-year, 840,000 t/yr sales and purchase agreement to sell LNG to the energy trading unit of German ut…
Hydrogen Project
Equinor and Engie Partner to Produce Blue Hydrogen from Gas
The partners will investigate the production and market potential for so-called "blue" hydrogen derived from natural gas, whereby resulting carbon emissions are…
Oil & Gas Trade
U.S. will Import 62% more Crude by 2022 Due to Domestic Production Declines, Says EIA
Throughout much of its history, the United States has imported more petroleum than it has exported.
Oil & Gas Trade
China Is Fueling The Global Crude Oil Demand Recovery
The world’s top oil importer, China, significantly boosted its crude oil imports at the start of the year compared to the end of last year, helping to support …
Crude Oil
Oil Prices Jump Above $61 On Major Crude Draw
Crude oil prices jumped higher after the Energy Information Administration reported crude oil inventories in the U.S. had shed 7.3 million barrels in the week t…
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