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Solar Technology
Saudi Arabia Aims for 50% Renewable Energy by 2030, Backs Huge Tree Planting Initiative
The target will require huge investments in solar technologies, experts warn, as less than 1% of the oil producing nation’s energy comes from renewables
Gas Turbine
Siemens Energy Signs Long-Term Service Contract with Aramco
Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oil fields.
Oil & Gas Supply
OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …
Oil & Gas Supply
U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy
The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w…
Crude Oil
OPEC Meeting: Saudis Look To Unwind Unilateral Output Cuts
Oil prices gave up earlier gains and turned lower as of 11:39 a.m.
LNG
Gastrade and North Macedonia Cooperate on Greek LNG Terminal
Greek company Gastrade has signed agreements for the cooperation with National Energy Resources Skopje and AD Power Plants of Northern Macedonia for the Alexand…
Cooperation case
Iraq Signs Deal with France's Total on 4 Energy Projects
The Iraqi Ministry of Oil announced on Monday the signing of an initial agreement with French oil and gas company Total to build giant infrastructures, develop …
Oil Price
Oil Prices Rise as Opec+ Agrees to Gradually Increase Supply
The group will increase output by 250,000 bpd in May
Oil&Gas Drilling
ExxonMobil Nearly Ready to Start up Guyana FPSO Compressor
Oil major ExxonMobil is preparing to start up a gas compressor on SBM Offshore’s Liza Destiny FPSO, operating offshore Guyana, this week following a technical …
LNG
Korean GS Energy to Build LNG Power Plants in Vietnam
The two power plants are estimated to be completed by 2026 and 2027.
Oil Refinery
Indonesia’s Cilacap Refinery to Raise Output After Fire
Indonesian state-owned refiner Pertamina will increase gasoline production at its largest refinery, the 348,000 b/d Cilacap plant, to help meet a shortfall caus…
Oil & Gas Trade
Russia’s Climate Change Doctrine in Focus at GECF Lecture
The Gas Exporting Countries Forum, the global platform of the leading gas producing nations, will be hosting the 51st edition of its GECF Gas Lecture Series on …
Hydrogen Project
Sinopec Wants to Become China’s Number One Hydrogen Firm
Asia’s largest oil refiner Sinopec on Monday announced its plan to build 100 hydrogen refuelling stations this year as the company reaffirmed its aim to set …
Crude Oil
Saudi Wants OPEC+ to Extend Oil Cuts into June, Source Says
After steady oil price gains earlier this year, OPEC and its allies, known as OPEC+, had hoped to ease output cuts
Natural Gas
Santos Takes FID on $3.6bn Barossa Gas Project
Australian energy giant Santos has taken a final investment decision to proceed with Barossa, the $3.6 billion gas and condensate project, located offshore Aust…
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