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Oil&Gas Drilling
ConocoPhillips Receives Consent to Use Valaris rig for Ekofisk Wells
Oil and gas exploration company ConocoPhillips has received consent from the Norwegian offshore safety watchdog Petroleum Safety Authority (PSA), to use a Valar…
Oil&Gas Drilling
Saipem and Equinor Sign Major Engineering Services Pact
Norwegian energy firm Equinor has awarded Italian oilfield service company Saipem a two-year frame agreement to provide engineering services globally.
South African Petroleum Body Warns of Diesel Shortage
The South African petroleum industry association said South Africa was running low on diesel.
Combined Heat and Power
Wärtsilä's Gas Engine Technology to Advance Spanish CHP Market
Rofeica Energia, based in Barcelona, Spain, has ordered a Wärtsilä 34SG gas-fuelled engine generating set, enabling the company to secure its future in Spain'…
Biobattery
Fortum and KPA Unicon Unveil 49 MW Biomass Plant in Finland
A bio-heating boiler plant delivered for clean energy company Fortum to Espoo, Finland, has been officially handed over for commercial use.
Crude Oil
Oil Drops on Worse than Feared Rise in U.S. Fuel Stocks
Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recover…
LNG
US to Become LNG Swing Producer as Capacity Utilisation Declines
Gas prices have been trading in the negative in recent months.
Oil & Gas Trade
Russia Overtakes Saudi Arabia as the Largest Oil Exporter to China
Russia last month overtook Saudi Arabia as China's biggest supplier of crude oil, exporting 1.75m barrels a day to China on average, compared with Saudi Arabia'…
Oil & Gas Trade
Iranian Oil Tanker Arrives at Venezuela's Largest Refinery
One of five Iranian tankers carrying much-needed gasoline and oil derivatives arrived Tuesday at Venezuela's main oil refinery, officials said.
Energy Transition
Spain's New Climate Law to Ban New Coal, Oil and Gas Projects
Teresa Ribera, the vice president and Minister of Ecology in Spain, has announced the country's new proposed net-zero carbon plan.
Procurement of Transformer Oil
Tenders are invited for For Procurement of Transformer Oil
Oil Price
Oil Rises on View that Demand may Rebound Beyond Pre-Virus Level
Oil rose as the head of the International Energy Agency forecast demand will likely grow past its level before the global pandemic.
Crude Oil
Surprise Boost for Nigeria's Economy Comes with Higher Oil Flows
Nigerian economic growth beat estimates in the first quarter as oil production rose to the highest in at least four years.
Oil Price
Negative Pricing Seen Spreading from Oil to Gas
Almost a month after US crude oil prices collapsed into negative territory for the first time, European gas markets are facing the prospect of also slipping int…
Oil & Gas Trade
Which Oil Major Is Best Prepared For The Future?
European oil supermajors are slashing costs but sparing their renewable energy business. U.S. giants are cutting across the board and focusing on their core bus…
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