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Oil & Gas Supply
Slim Bunker Demand Pressures Low-Sulphur Fuel Oil
The increased use of vessel exhaust scrubbers has boosted HSFO demand, narrowing the spread with lower-sulphur bunker fuel, write Sammy Six and Sarah GiamVery-l…
Oil & Gas Supply
Shell Energy Adds Last of 16 Solar Batteries to “Landmark” Virtual Power Plant
Dept of Planning and Environment deputy secretary Leon Walker (left) and PDNSW ESG executive director Peter Graham (right). Image suppliedSixteen regional comme…
Oil & Gas Supply
Stored Nord Stream Pipes To Be Used With a Floating LNG Terminal in the Baltic
3000 pipes, originally intended to be used to transport Russian gas as part of the Nord Stream 2 pipeline system, have been lying in limbo for over a year in th…
Oil & Gas Trade
Benchmarking: Outlook for Demand, Global Balances Diverge
Watch The World/ShutterstockAlthough macroeconomic concerns loom large in the foreground, oil consumption will grow by an average 1.75 million b/d among major f…
Oil & Gas Supply
Bass Oil (Asx:Bas) Predicts Higher Oil Production Rates From Workover Program at Worrier, South Australia
Bass Oil (BAS) expects an upcoming workover program to triple oil production rates at its Worrier field in the Cooper Basin of South AustraliaThe company has pl…
LNG
Cheniere Starts Permitting Process for Sabine Pass LNG Expansion
Cheniere Energy Partners, a subsidiary of Cheniere Energy, has initiated permitting process for the expansion of LNG export capacity at the Sabine Pass terminal…
Oil Price
Oil Edges up on Hope of China Demand Revival
Oil prices edged up, after Brent crude posted its biggest single-day loss in seven weeks the day before, as market players reassessed prospects for supply and d…
Energy Security
‘No Excuse’: IEA Tells Fossil Fuel Industry Over Methane Leaks
California Governor Brown on 6 January 2016 declared state of emergency over a gas leak at Porter Ranch storage field, more than two months after the leak state…
Natural Gas
Armour Signs Gas Supply Heads of Agreement
The HOA contemplates the sale of gas produced from the Glyde Field from production startup (mid-CY2025) for 14 years through to the end of CY2039 providing fuel…
Coal Mine
Rystad Energy: Fossil Fuel Emissions to Peak Within Two Years
The inflection point for fossil fuel carbon dioxide (CO2) emissions is nigh, with emissions on track to peak by 2025, according to Rystad Energy research and an…
LNG
Svanehøj provides tank gauging system to Venture Global LNG
As the US strives to meet the growing demand for LNG in Europe, more LNG tanks are required. Svanehøj France has provided safety instrumentation and soft…
Natural Gas
Naturgy’s Gas Supply Rose by 6% In 2022 to 143 TWh
The Spanish gas company Naturgy has released its 2022 results, posting a net profit of 1.6bn (+35% compared to 2021). The group’s gas supply reached 143 T…
LNG
A Detailed Look at Germany’s LNG Buildout
German utility RWE's trading arm received its first cargo of LNG at the North Sea port of Brunsbuettel, following first LNG arrivals at Wilhelmshaven late l…
Crude Oil
Biden Administration Plans to Sell 26 Million Barrels of Crude
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought t…
Oil & Gas Supply
OPEC Expects Tighter Oil Market With Lower Supply and Higher Demand
(Bloomberg) – OPEC expects a slightly tighter global oil market than previously forecast as the group nudged up its demand estimate and trimmed its supply…
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