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Oil
Crude Oil
Oil Futures up 3PC on Strong China Refinery Data
HOUSTON: Oil prices gained about 3 % to a one-week high on Thursday as the US dollar weakened and data showed a jump in refinery runs in top crude importer Chin…
Biofuel
EIA: Biofuels Are Displacing Petroleum-Based Distillate Fuel Oil Consumption on the West Coast
Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its d…
Biofuel
Sustainable Scotch: UK’s Largest Maltings Plots Switch to Biomass and Electric Boilers
Image:The Tweed Valley Maltings in Northumberland | Credit: Simpsons Malt LtdAMP Clean Energy claims plan to build biomass and electric boilers on site marks fi…
LNG
Pakistan, Azerbaijan to Ink Lng Import Agreement
Pakistan and Azerbaijan will sign an agreement today on supplies of liquified natural gas (LNG), a source familiar with the matter told Trend.Pakistani Cabinet&…
Crude Oil
Russia’s Revenue From Oil Export Increases by USD 1.7 Billion
A view of a petrol station of the Russian oil producer Gazprom Neft and high-rise residential buildings under construction in Moscow on January 12, 2023. (Photo…
LNG
World’s Largest Fsru Receives First Lng Ahead of Hong Kong Lng Terminal Launch
MOL FSRU Challenger, also known as the world’s largest floating storage and regasification unit (FSRU), has received the first LNG as part of a commission…
LNG
First LNG Project in Western Pacific Goes Offline as Black Smoke Billows Out
An investigation has been launched after black smoke and flaring were seen coming from the liquefied natural gas (LNG) plant in Brunei Darussalam, which is cons…
LNG Carrier
WinGD Powering Lng-Hybrid Vessels
The new car carriers for NYK will feature emissions reduction technology, energy management and digital optimization solutions from WinGD. (Image: WinGD)NYK Lin…
Oil & Gas Supply
Growth in Global Oil Demand Is Set to Slow Significantly by 2028
New IEA medium-term report sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemical…
Oil&Gas Drilling
Totalenergies Announces Oil, Gas Discovery Offshore Nigeria
TotalEnergies announced Tuesday the discovery of Ntokon oil and gas on OML102 offshore Nigeria.The company, in a statement published on its website, said the we…
Gas Turbine
Russia Says Construction of Gas Hub in Türkiye Can Help Solve Global Energy Crisis
Russian Foreign Minister Sergey Lavrov says food crisis can be resolved through grain exports to poorest countries under Black Sea Grain InitiativeRussian Forei…
Oil Price
China Cut the Retail Prices of Gasoline and Diesel From Wednesday, the 6th Cut This Year
China cut the retail prices of gasoline and diesel, effective today, Wednesday, 14 June 2023.This is the sixth cut (so far) this yearGasoline and diesel prices …
Oil & Gas Supply
UK Enriches Its Gas Arsenal as Another North Sea Well Comes Online
UK-headquartered IOG plc has brought on stream another well, as part of the Saturn Banks Project – Phase 1 in the Southern North Sea, boosting the UK ener…
Crude Oil
As Profit From Renewables Dwindle, Shell Returns to Crude Oil
Shell will keep oil output steady or slightly higher into 2030 as part of the Chief Executive Officer, Wael Sawan’s, efforts to regain investor confidence…
Crude Oil
UNSC: Russia Resumed Refined Oil Exports to N. Korea in December
Photo : YONHAP NewsRussia officially resumed oil product exports to North Korea in December of last year after a hiatus of over two years.According to the UN Se…
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