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Oil
Oil Price
Oil Prices Steady as Market Awaits Fresh US Tariffs
U.S. oil prices showed some stability after falling earlier in the week amid concerns about new tariffs from President Trump. Brent futures dipped slightly to $…
LNG
US LNG Exports Soar in March on Ramp up of Plaquemines Plant
The United States set a new record for liquefied natural gas (LNG) exports in March, shipping out over 9 million metric tons (MT) of the superchilled fuel, acco…
Natural Gas
Argentina Starts Gas Exports to Brazil Through Bolivia
Argentina successfully exported gas from its Vaca Muerta shale formation to Brazil for the first time, utilizing a network of Bolivian pipelines. This milestone…
Natural Gas
China’s COOEC Starts Shell Nigeria’s Gas Project
China Offshore Oil Engineering Company (COOEC) began fabricating key components for Shell’s HI shallow-water gas and condensate project offshore Nigeria. …
Oil&Gas Drilling
Oil Production Starts at Equinor’s Norwegian Field, Ushering in ‘New Era’ for Barents Sea
Norwegian state-owned energy giant Equinor has successfully started production at the Johan Castberg field in the Barents Sea, marking a significant milestone i…
Oil Shale
Japan’s Tokyo Gas Expands in US Shale Gas With Chevron Deal
TG Natural Resources LLC (TGNR), a company owned by Tokyo Gas and Castleton Commodities International, recently acquired a 70% stake in Chevron’s east Tex…
Carbon Emissions
Brazil’s Petrobras, Bndes Partner to Buy Carbon Credits in Amazon Region
Monday's news highlights a significant collaboration between Petrobras (PETR4.SA) and BNDES, two major players in Brazil's oil and development sectors. …
Oil Price
Petrobras Lowers Diesel Prices for First Time in More Than a Year
Petrobras lowers diesel prices for the first time in over a year, impacting fuel costs in Brazil. The state-run oil company announced a 4.6% cut in diesel price…
Natural Gas
Shell Warns Australia’s Gas Reservation Plan Could Worsen Shortages
On May 3, as Australia approaches its general election, energy has become a key political issue. The conservative Liberal-National coalition has pledged to tack…
Biofuel
Anora to Install New Biomass Boiler at Distillery in Finland
Anora, a prominent company, has made a significant move by investing in a new biomass boiler at its Koskenkorva Distillery in Finland. This modernization projec…
LNG
US Player Tasked With Taking Alaskan LNG Project to Finish Line
The Alaska Gasline Development Corporation (AGDC) has teamed up with Glenfarne Alaska LNG, an affiliate of Glenfarne Group, to become the majority owner of a pr…
Hydropower Plant
Milestone for Tas Hydropower Upgrade
Hydro Tasmania has recently completed a major milestone in its Tarraleah hydropower upgrade project, with theExcavation work for the intake tower now fully unde…
Oil Field
China’s CNOOC Discovers 100 Mln-Ton Oilfield in South China Sea
The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes on Monda…
Oil & Gas Trade
PetroChina Reports Record 2024 Net Income on Higher Production
PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help…
SAF
Used Cooking Oil Becomes an Important Ingredient for SAF Production
Used cooking oil is becoming an important commodity as it can be used as a base material for the production of sustainable aviation fuel (SAF), which has low ca…
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