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Nuclear Fusion
Assembly of ITER Magnet System Starts
The sixth Poloidal Field (PF6) coil of the International Thermonuclear Experimental Reactor was inserted into the fusion machine's tokamak pit on April 21.
Energy Technology
Crude Oil Catalytic Cracking Technology Realizes the World's First Industrial Application
Recently, the catalytic cracking technology of crude oil independently developed by the Research Institute of Petrochemical Industry is being tested in Yangzhou…
Oil Field
Israeli Firm to Sell Gas Field Stakes to UAE Company: Statement
Delek is seeking to sell its stake in Tamar, a huge gas field under the Mediterranean some 80 kilometres off the coast of northern Israel
Natural Gas
South Korean Steelmaker POSCO Defends Myanmar Gas Business
About 20 per cent of the Myanmar gas business was used for local consumption including electricity production, contributing to the lives of ordinary people, it …
LNG
France's Total Halts Its Gas Project in Northern Mozambique
Total's declaration of force majeure casts doubt on the future of the gas project, which had been expected to bring large and sustained economic growth to Mozam…
Oil & Gas Trade
Lundin Sells Its First 'Carbon Neutral' Oil as Climate Activism Grows
Sweden's Lundin Energy has sold what it said is the world's first oil cargo certified as carbon neutral at the point of production to Italian refiner Saras, the…
Oil & Gas Trade
China-Philippine Gasoil Flows Hit Record High in March
China exported a record amount of gasoil to the Philippines in March, as refinery shutdowns in the southeast Asian country supported import demand.
United States
US Energy Secretary Urges Oil Sector to Diversify
Oil companies that are slow to shift toward cleaner energy source risk of being left behind as the world reduces carbon emissions, US energy secretary Jennifer …
Oil Price
Oil Prices End the Week Down As Demand’s Rebound Gets Patchy
Oil prices fell last week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe.
Crude Oil
Nigeria’s President Restores Four Drilling Permits Revoked from China’s Addax
Nigerian President Muhammadu Buhari reversed a government decision to revoke four oil permits from a unit of China’s Sinopec.
Oil & Gas Trade
India in Talks with Guyana for Long-Term Crude Supply
India, the world's third-largest crude consumer and importer, has approached Guyana's government about a possible long-term deal to buy the South American count…
Oil Price
Qatar Petroleum Plans Debut Dollar Public Bond Sale
The world's top liquefied natural gas supplier sent banks a request for proposals for the planned debt sale in the last few weeks, the sources said, with one of…
Natural Gas
RIL, BP Announce Start of Production from Deepwater Gas Field on KG-D6
Reliance Industries Limited and bp today announced the start of production from the Satellite Cluster gas field in KG-D6 block off the east coast.
LNG
Vires Energy Obtains Nod to Proceed with LNG Hub
The Department of Energy said over the weekend it approved the application of Vires Energy Corp., controlled by A Brown Company Inc., to proceed with its propos…
Energy Investment
Oilfields Supply Center Makes $570 million Investment in King Salman Energy Park Energy Hub
Oilfields Supply Center Limited has awarded a contract to construct its OSC base in the Kingdom.
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