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Oil Price
Oil Prices Stay Firm As Demand to Outstrip Supply in H2
Oil prices climbed in early Asian trade on Monday, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to…
Oil Refinery
Mexican National Oil Company to Run USA Refinery
Pemex, whose holdings include six refineries in Mexico, will become the sole owner of a seventh refinery – in the United States.
Oil Refinery
Sinopec's Green Hydrogen Ambitions: Five-Year Growth Plan Crucial to Refiner's Transition
The giant Chinese refiner has lined up projects intended to produce 500,000 metric tonnes of green hydrogen per annum by 2025
Oil Refinery
Oil Refiners to Begin Olefin Business in 2nd Half of 2021
GS Caltex and Hyundai Oilbank will start operating their olefin facilities in the second half of 2021, signaling a big change in the petrochemical industry.
Oil Price
US Pump Prices Become Pressure Point for Biden
Rising gasoline prices heading into the summer are emerging as a political liability for President Joe Biden, as critics try to direct voter frustration about p…
ITER
MHI Completes Four TF Coils for ITER
The completed TF coils will be shipped to southern France from Kobe, and installed on site by the Iter Organisation.
LNG
France’s Total Inks 5-year LNG Supply Agreement with AMNS in India
France’s Total and ArcelorMittal Nippon Steel have signed an agreement for the supply of up to 500,000 tons of liquefied natural gas per year until 2026.
Oil Refinery
South Africa: Engen To Convert Durban Refinery to Terminal
As expected, Engen announced that it will be progressing plans to convert its 120,000 bbl/d refinery in Durban, South Africa into a terminal, as the refinery is…
Solar Power Plant
Russian Oil Firm Energises 20MW Solar Plant Featuring Hevel Heterojunction Modules
Oil and gas company Lukoil has commissioned a 20MW PV plant that features heterojunction modules from Hevel and has been constructed at a refinery in Russia’s …
Oil Refinery
France's Donges Refinery will not Restart Until 2022
France's 222,000 b/d Donges refinery will remain offline until next year after operator Total decided to bring forward planned maintenance.
Crude Oil
Biden Defends Alaska Oil Project
President Biden’s administration has backed the Willow oil project in Alaska in a new filing by the Department of Justice.
Oil&Gas Drilling
Turkey to Extract Oil from 3 New Onshore Wells: Energy Minister
Turkey will extract oil from three newly discovered wells in the country's Diyarbakir and Kirklareli provinces.
Oil & Gas Trade
Nigeria Inks Massive Oil Deal With Supermajors
Nigeria’s National Petroleum Corporation this week signed a deal with Shell, Exxon, Total, and Eni to develop an offshore oil block that includes the deepwater…
Net Zero Emission
Suncor Energy Adopts Net-Zero-by-2050 Greenhouse Gas Emissions Target
Suncor Energy Inc. has become the latest major oil company to commit to achieving net zero carbon emissions by 2050.
Oil&Gas Drilling
Santos Kicks off Bayu-Undan Drilling Campaign
Australia’s energy giant Santos, as the operator of the Bayu-Undan Joint Venture, has started the Phase 3C infill drilling program at the Bayu-Undan field, in …
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