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Oil Price
Oil prices rise as tight supply counters expected rate hikes
Brent crude futures rose 44 cents, or 0.6%, to $81.51 a barrel by 11 GMT. U.S. West Texas Intermediate (WTI) crude was at $77.51 a barrel, also up 44 cents, or …
Oil & Gas Trade
National Petroleum-Gas Reserve Infrastructure Planning Approved
A petrol station on Hà Nội's Thái Hà Street. — VNA/VNS Photo Huy HùngDeputy Prime Minister Trần Hồng Hà on Tuesday si…
Solar Panel
China's Solar-To-Hydrogen Leap: Petrochina's Ambitious Green Energy Project
In a remarkable move towards greener energy solutions, China’s largest onshore oil and gas operator, PetroChina, has secured government approval for the c…
Oil & Gas Supply
Australia's Santos Cuts Production Forecast as Quarterly Revenue Drops 29%
The logo of Australian oil and gas exploration and production company Santos is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, …
Hydrogen Project
Plug Power Scores Deal for Huge Green Hydrogen Project in Europe
It is the largest announced renewable H2 project in Europe’s oil and gas sector.Plug Power Inc. (NASDAQ: PLUG) has secured an order for 100 MW (megawatts)…
Oil&Gas Drilling
Fervo Energy Reports Breakthrough in Field-Scale EGS Project in Nevada
Fervo Energy has announced positive results of a 30-day well test conducted at Project Red, the company’s full-scale EGS pilot project in northern Nevada.…
Oil & Gas Trade
Japan, Qatar Upgrade Energy Ties During LNG Talks
Japanese Prime Minister Fumio Kishida speaks during the UAE-Japan business forum in Abu Dhabi, United Arab Emirates, July 17, 2023. REUTERS/Abdelhadi RamahiJapa…
LNG
UAE's ADNOC Gas Agrees $7 Bln-$9 Bln 14-Year LNG Agreement With Indian Oil Corp -Statement
An Emirati man is seen near the logo of ADNOC in Ruwais, United Arab Emirates May 14, 2018. REUTERS/Christopher Pike/File PhotoAbu Dhabi's ADNOC Gas (ADNOCG…
Thermal Plant
Portocem Thermoelectric Power Plant, Brazil
Portocem Thermoelectric Power Plant (UTE Portocem) is an LNG-to-Power project being developed in the Ceará Free Trade Zone, in the State of Ceará, Brazil.With…
LNG
Hapag-Lloyd's LNG-Fueled 23,660 Teu Giant Receives LNG in China
Energy company World Fuel Services Corporation has conducted a liquified natural gas (LNG) bunkering operation in China, supplying LNG for Hapag-Lloyd’s 2…
LNG
First Man Me-Ga Otto-Cycle Engine Completes Gas Trials
MAN Energy Solutions announced that the first ME-GA engine has completed gas trials aboard an LNG carrier built by Hyundai Samho Heavy Industries (HSHI) for Nor…
LNG
Hong Kong LNG Terminal Starts Operation
Hong Kong’s new offshore LNG terminal, jointly developed and constructed by power companies CLP Power Hong Kong and the Hongkong Electric (HK Electric), h…
Oil & Gas Trade
Longboat and Japex Create New Player on Norwegian Oil & Gas Stage
Longboat Energy, an emerging full-cycle North Sea E&P company established by the former management team of Faroe Petroleum, and Japan Petroleum Exploration Co.,…
Oil Price
Iran Raises August Light Crude Price to Asia - Source
Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at $3.15 a barrel above the Oman/Dubai average for August, a…
LNG
Chevron Opted to Buy vs Build US LNG Processing, Gas Executive Says
The logo and trading information for Chevron is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 27, 2022. …
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