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Oil & Gas Trade
EU to Maintain Russian Oil Price Cap at $60
The European Commission told member states that a $60-a-barrel cap on the price of Russian oil is proving effective in hurting the Kremlin’s access to pet…
LNG
GTT Entrusted by Hyundai Samho Heavy Industries With the Tank Design of Three New LNG Carriers
GTT has announced that it has received an order from its partner the Korean shipyard Hyundai Samho Heavy Industries for the tank design of three new LNG carrier…
Oil Price
UAE Petrol and Diesel Prices to Decrease in April
Petrol prices have dropped for a second time this year. Victor Besa / The NationalThe prices of petrol and diesel in the UAE will fall in April, it has been ann…
Oil & Gas Trade
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap…
Oil & Gas Trade
Saudi Arabia, UAE and Allies Announce Surprise Oil Production Cuts
Saudi Aramco's Ras Tanura oil refinery and oil terminal. Opec+ members Saudi Arabia, the UAE, Iraq, Kuwait and Algeria have agreed to voluntary oil producti…
Oil Price
Cornwall Insight Release Price Cap Predictions for July and October 2023
Prior to the introduction of the April-June 2023 Default Tariff Cap (price cap), Cornwall Insight are releasing our latest predictions for the third and fourth …
Natural Gas
Chevron, Marathon Oil and Equatorial Guinea Govt Pursuing Further Development of Gas Mega Hub
Houston-based energy company Marathon Oil Corporation, through its affiliated company Marathon E.G. Holding Limited, has inked a Heads of Agreement (HOA) with t…
Oil Price
Oil Stable on Mixed Drivers, Market Eyes Iraq Exports
Oil was nearly steady as a surprise drop in US crude stockpiles offset a smaller-than-expected cut to Russian supplies, while investors closely watched developm…
Natural Gas
Osaka Gas and Mhi to Collaborate in CO2 Value Chain Development for CCUS
TOKYO, Mar 31, 2023 - (JCN Newswire) - Osaka Gas Co., Ltd. (Osaka Gas) and Mitsubishi Heavy Industries, Ltd. (MHI) have entered into an agreement to conduct a f…
Oil Refinery
ADIPEC Downstream Technical Conference
Organised by dmg events, the ADIPEC Downstream Technical Conference offers a wide-reaching platform for the downstream industry. The Conference promotes the exc…
Oil Refinery
Mitsubishi Power Supporting Efficient Utilization of Hydrogen in the Petroleum Refining Process
- Launch of Service for Optimization of Energy Balance Using TOMONI -- Support for optimization of hydrogen volume regulation and utilization of by-product hydr…
Offshore Wind Power
BREAKING: Norway Opens First Offshore Wind Tenders for Applications
Norway’s Prime Minister Jonas Gahr Støre and Oil and Energy Minister Terje Aasland have officially opened the application window for Norway’s…
Oil Pipeline
Pre-insulated Pipe Market Size Is Expected to Reach a Valuation of US$ 10.6 Billion by 2033
The pre-insulated pipe market is predicted to grow at a CAGR of 5.7% over the forecast period, according to FMI's analysis. The industry's value is anti…
Market Analysis
Gas Hydrates Market to Surpass U$ 4,350.5 Million Valuation Till 2033 Due to Rising Technological Advancements
The global gas hydrates market is expected to register substantial growth at a CAGR of 5.4% from 2023 to 2033. The global market is anticipated to be valued at …
United States
Why America’s ‘energy dominance’ waned in the Middle East
Dynamics changed with 2003 Iraq war, boosted US shale production and increased role of Opec and ChinaThe Nihran Bin Omar oil field flare stacks burn north of Ba…
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