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Oil Exploration
Russia’s Gazprom and LUKOIL Mull JV for Developing Fields in Nenets Area
The Vaneyvisskoye and Layavozhskoye fields have the aggregate recoverable reserves of 27.4 million tons of liquid hydrocarbons and 225.3 bcm of natural gas
Liquid Hydrogen
Kawasaki Heavy To Start Liquid Hydrogen Shipments Spring 2021
Japan’s Kawasaki Heavy Industries is aiming to replicate its success as a major liquefied natural gas (LNG) tanker producer with hydrogen, a key element that m…
Oil&Gas Drilling
Oil Major BP Significantly Downsizes Oil Exploration Division
As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas explorati…
Crude Oil
U.S. Proved Oil Reserves Remain Flat, Natural Gas Reserves Decline
Lower crude oil and natural gas prices reversed in 2019 a two-year trend of record high proved reserves in the United States as operators revised down their tot…
Oil Pipeline
EU Parliament Wants Nord Stream 2 Stopped
The European Parliament has called on the EU to stop Gazprom's 55bn m³/yr Nord Stream 2 gas project.
Joe Biden
Joe Biden Administration Likely to Strengthen India-US Renewable Alliance
India’s energy ties with the United States have increased multifold in recent years, with imports of crude oil and natural gas gathering momentum under former …
LNG
Rolls-Royce Supplying Two mtu Gas Engines for First LNG-Hybrid Tugboat
Rolls-Royce is supplying two mtu 16V 4000 M55RN gas engines to Sembcorp Marine Integrated Yard for the construction of the first liquefied natural gas -hybrid p…
Natural Gas
US Gas-Fired Power Generation Set For First Drop Since 2017
Higher natural gas prices this year are expected to result in the first annual decline in U.S. gas-fired electricity generation since 2017.
Natural Gas
Conrad Energy Selects Siemens Gas Engines for UK Projects
The UK’s biggest independent power producer, Conrad Energy, has selected Siemens for its two gas power plants projects in Wrexham and Bilston.
Oil & Gas Trade
Uzbekistan to Open up Electric Power, LPG Markets Amid Shortages
Uzbekistan exports natural gas, mostly to China, but it has experienced shortages this winter, prompting cuts to export shipments and discontent among household…
Oil & Gas Trade
Algeria's Oil and Gas Exports and Output Down Around 10% in 2020
Overall energy output fell 10 per cent to 142 million tonnes of oil equivalent, hit by restrictions linked to the coronavirus pandemic, it said in a report.
Natural Gas
Gas Demand Surging Toward Record
Forecasts agree this year may see 6-8% rise to reach around 360 billion cubic meters of fuel.
Energy Infrastructure
Neptune Energy Awards $6.5M Contracts for Cygnus Gas Facility
Neptune Energy has announced the award of integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering…
Natural Gas
Sinopec, SIBUR Set up Joint Venture
SIBUR and Sinopec will hold respective interest in the joint venture in the amount of 60 percent and 40 percent.
Coal Trade
German Coal Moves Ahead of Gas for February
A spike in German NCG gas prices in recent sessions has depressed clean spark spreads for February, pushing more coal ahead of gas in the merit order.
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