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Oil Price
Crude Oil Futures Retreated from Overnight Highs
Crude oil futures retreated from overnight highs, spurred by signs of a thaw in US-China tensions, during mid-morning trade in Asia Wednesday on profit-taking f…
Offshore Oil and Gas Brazil 2019
Endless Discovery in Brazil and Pay Our Respects to the FPSO Kingdom!
Oil&Gas Drilling
Malaysia Develops a $480 Million Oil Storage To Push It into An Oil And Gas Hub
Malaysia on Tuesday said the Johor PortAuthority was working to develop a 2 billion ringgit ($477 million) oil storage and ship refueling site in the country's …
Oil & Gas Trade
Crude Oil Futures were Marginally Lower During Mid-morning Trade in Asia
Crude oil futures were marginally lower during mid-morning trade in Asia Tuesday, amid concerns over the impact the ongoing US-China trade tensions will have on…
Crude
US Crude Oil Inventories Fell , as Refinery Runs Remained High
US crude oil inventories likely fell 2.7 million barrels last week, as refinery runs remained high, an S&P Global Platts analysis showed Monday.
Thermal Plant
JERA Co. has Completed its Replacement of 13 Consecutive Gas Turbine Units
Japan’s JERA Co. has completed its replacement of 13 consecutive gas turbine units at one of that nation’s largest thermal power plants.
Jemena Unites Joints ANT for Green Gas
HYDROGEN energy will play a significant role in greening the gas network of NSW thanks to ANT Energy Solutions officially joining forces with leading energy inf…
Energy Storage Battery
The Vanadium Redox Flow Battery, A Leading Technology in Energy Storage
The global renewable energy market is anticipated to grow significantly to around $1.5 billion by 2025 as most countries commit to reducing their greenhouse gas…
China Petrochemical Corporation (Sinopec Group)
China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group, established by the state in July 1998 on the basi…
LNG
Canada Government Subsidies for Project Aim to Reduce Reliance on US Market
A 40 billion Canadian dollar ($30 billion) project in British Columbia led by Royal Dutch Shell is on track to start exporting liquefied natural gas to Asia as…
Oil & Gas Trade
Iran to Cut Down Direct Dependency on Oil Revenues to Zero
Iranian Vice-President Baqer Nobakht said on Sunday that his country is determined to draft its new budget bill with zero-dependence on oil revenues in a bid t…
Oil & Gas Trade
Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts
For the first time in eight years, the Bank of Russia’s total stockpile of cash, gold and other securities is about to surpass Saudi Arabia’s, highlighting th…
Oil & Gas Trade
Iraq Continues Negotiations with US Exxon Mobil Over Mega Project
Iraq Oil Ministry on Saturday said its negotiations with U.S. Exxon Mobil over a mega project in southern Iraq are still on track, denying reports that the mini…
Oil&Gas Drilling
Chevron Australia Starts Storing Underground CO2 Coming From Natural Gas Liquefaction
The Australian subsidiary of American supermajor Chevron Corp. announced Thursday the start up of a carbon dioxide injection system, aimed at storing undergroun…
Oil Price
The EIA Predicts that Natural Gas will Forms 37% of the US' Energy in 2019
The US Energy Information Administration (EIA) released its short-term energy outlook (SEO) on 6 August, outlining the country’s energy production in 2019 and …
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