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LNG
Brazil’s SPIC to Acquire Stake in LNG-to-Power Projects
Brazil’s State Power Investment Corporation (SPIC) has signed an agreement with Siemens, BP and Prumo to acquire a 33% stake in two LNG-to-power projects.
Oil & Gas Trade
Shale Job Losses Accelerating and the Worst May be Yet to Come
Roughneck job cuts accelerated in July and the outlook may worsen as new Covid-19 cases stifle economic activity, according to the Petroleum Equipment and Servi…
Saudi Arabia
Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank
Saudi Aramco, the world’s largest oil company, said on Sunday that its quarterly earnings plunged more than 73 percent compared to a year ago, as lockdowns imp…
Azerbaijan
BP has Ambitious Long-Term Plans for Work in Azerbaijan's Oil&gas Sector
BP will continue its business in Azerbaijan, Bakhtiyar Aslanbayli, BP’s communications and advocacy vice president for the Middle East and Caspian Region state…
Hydrogen Fuel Cell Vehicle
Jemena to Supply Green Hydrogen to Hyundai Australia
Hyundai Australia has secured a supply of green hydrogen from gas utility Jemena as part of a new deal that signals a significant step forward for Australia’s …
Crude Oil
Australia’s Ampol to Restart Lytton Refinery
Australian refiner and fuel marketer Ampol plans to restart its 109,000 b/d Lytton refinery in September and reach full production in early October.
Crude Oil
Aramco Aims to Boost Production Capacity to 13 Million Bpd
The world’s largest oil company is looking to raise its production capacity by an extra million barrels per day.
Oil & Gas Trade
Algeria's Gas Exports to Fall Sharply in 2025
Algeria's gas exports will drop to 26 billion to 30 billion cubic metres per year in 2025 from 45 billion in 2020.
Saudi Arabia
Saudi Aramco Still Aims for $15 Billion Investment in India’s Reliance
Saudi Aramco said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd.’s refining and chemicals business, even as lower oil pri…
Saudi Arabia
Oil Rises on Saudi Aramco's Upbeat Demand View
Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shor…
Coal Mine
Deutsche Bank to End Lending for Coal Mining by 2025
Would not finance projects in the oil and gas sector that use hydraulic fracturing in countries with scarce water supplies, new projects in the Arctic region, a…
Hydrogen Fuel Cell Vehicle
Hyundai Partners with Gas Giants for Hydrogen Cars in Australia
Gas companies will partner with Hyundai to supply refuelling infrastructure for hydrogen-powered cars in Australia next year.
Oil & Gas Trade
Iran Moves from Oil to Petrochemicals in Export
Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue.
Oil & Gas Trade
Libya's Oil Blockade Will Help Clear the Global Supply Glut
Libya's port blockade is set to keep the North African country's oil off the market until at least the fourth quarter of 2020
How Gasification Turns Waste into Energy
Turning waste into energy has usually meant incineration - that is, burning our trash.
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