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Video: India is Building $ 60 Billion Gas Grid Project
The project will cost about $ 60 billion by 2024.
Crude Oil
US Crude Output Down Sharply on Storm
Power outages and freezing temperatures have forced US oil producers to shut down or reduce operations significantly, with impacts ranging from 2mn b/d to as hi…
Coal Trade
Japan Coal Imports Hit 13-Month High
Japan's coal imports hit a 13-month high last month, but although coal-to-gas switching economics should support coal consumption in the first half of 2021, ret…
Crude Oil
India Urges OPEC+ to Ease Production Cuts
"The price-sensitive Indian consumers are affected by rising petroleum product prices," Pradhan said ahead of a March 4 policy-setting meeting of the Organizati…
India
IEA Report on India Sidelines Nuclear
A recent 251-page report by the International Energy Agency - India Energy Outlook 2021- focuses on renewables, gas, coal and bioenergy, with barely a mention o…
Gas turbine engine
Siemens Energy and TC Energy to Create Waste Heat-to-Power Facility
Siemens Energy and Canada’s TC Energy have signed an agreement to build a first-of-its-kind waste heat-to-power facility in Alberta.
Oil Price
Oil Falls Again as Opec and IEA Caution Ends Rally
Brent crude was down 0.8% at $60.67 a barrel on Friday
Net Zero Emission
Bank of America to Achieve Net-Zero Emissions Before 2050
The company is committed to deploy $445bn by 2030 under its Environmental Business Initiative
Hydrogen Project
Naturgy and Enagás Studying Production of Green Hydrogen from 350 MW of Wind Power in Asturias
Naturgy and Enagás are studying the production of green hydrogen from a 250MW floating offshore wind farm and another 100MW onshore wind farm in Asturias for i…
Oman
Oman’s Duqm Refinery ' Ore than 75pc' Complete
Construction work on Oman's 230,000 b/d Duqm refinery project has crossed the 75pc mark, operator OQ8 said.
Oil and Gas Equipment
Installation of Domestically Developed Gas Station Starts in South China Sea
The project will supply one-quarter of the gas demand in the Guangdong-Hong Kong-Macao Greater Bay Area.
Crude Oil
UAE’s Energy Ambitions Extend Far Beyond Oil
If 2020 taught us anything it was the need for self-sustainability and the drive for cleaner energy moving into the next decade, as oil demand plummeted.
Oil and Gas Equipment
Ukraine’s Exchange Launches Gas Storage Trading
Ukraine's energy exchange UEEX plans to introduce trading products for gas held in underground storage facilities under the customs-free warehouse regime from l…
Oil Field
Equinor Makes Oil Discovery Near Norway's Troll Field
Equinor said in a separate statement that the reservoir is expected to contain between 44 million and 69 million barrels of oil equivalent
Hydrogen Production
Hyosung Heavy Industries to Build World's Largest Liquefied Hydrogen Plant
Hyosung Heavy Industries announced on Feb. 5 that it has signed a joint venture deal with Linde plc, the world’s largest industrial gas company, to promote its…
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