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Oil Price
Record-High Fuel Prices Add To Concerns About India’s Oil Demand
Gasoline and diesel prices in India hit a new record-high on Wednesday, adding another concern for the oil market about demand in the world’s third-largest oil…
LNG
Qatar Could Offer Chinese Firms Stakes In World’s Largest LNG Project
Qatar is in discussions with Chinese state energy giants to potentially make them equity partners in the world’s largest LNG project, in what could be a strate…
SINOPEC
China's Sinopec, Great Wall to Develop Hydrogen Energy
China's state-controlled oil firm Sinopec has signed a strategic co-operation framework agreement with domestic automotive manufacturer Great Wall Holdings to d…
Oil Price
Oil Climbs on Drop in US Oil Stockpiles, Solid Demand Outlook
The drawdown came before the Colonial Pipeline was hit by a cyberattack last Friday which forced the pipeline, which transports more than 2.5 million barrels a …
Crude Oil
IEA Sees Oil Demand Recovery Outpacing Growth in Supply
OPEC+ producers have been curbing output since 2017 but have eased since imposing record high cuts last year, with more easing agreed from this month
Crude Oil
Sinopec Offers Refineries Sweeteners to Boost Clean Marine Fuel
The top Asian oil refiner is crediting its refineries 150 yuan for every tonne of VLSFO they produce, they said
Hydrogen Project
Canada's Suncor and ATCO to Develop Country's Largest Hydrogen Project in Alberta
Canada's Suncor Energy will partner with utility ATCO Ltd to develop a clean hydrogen project near Fort Saskatchewan, Alberta, in one of the most significant s…
United States
Colonial Pipeline Hack Exposes Lack of Federal Cybersecurity Oversight for U.S. Energy Industry
The temporary shutdown of Colonial's pipeline follows warnings by U.S. officials in recent months of the danger of cyberattacks against privately held infrastru…
Crude Oil
U.S. Main Fuel Pipeline Operator Aims to Restore Operation This Week After Cyber Attack
The operator of a main U.S. fuel pipeline declared on Monday its goal of restoring operational service by the end of the week after all pipeline operations temp…
Oil Field
Keppel Snatches Contract to Build FPSO for World’s Largest Deepwater Oil Field
Brazilian oil and gas giant Petrobras has signed a $2.3 billion worth contract with Keppel Shipyard to build the P-78 FPSO, the seventh unit to be installed in …
Oil Field
Fire Erupts at Kuwait's Largest Oil Field; Two Injured
The injured workers were in stable condition and receiving treatment at a nearby hospital.
Geothermal Power Plant
Why Oil Giants Like Chevron and BP are Investing in Geothermal Energy
Miles below the Earth’s surface, there’s a source of renewable energy that could sustain all of humanity for the foreseeable future.
Oil & Gas Trade
Yemen Takes First Batch of Saudi Oil Products at Aden
The first shipment of Saudi oil products exported to Yemen as part of a grant agreed with the internationally recognized government there arrived at the Yemeni …
Natural Gas
Sinopec finds abundant flows in Xinjiang oil, gas wells
Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X wel…
Natural Gas
China’s Natural Gas Imports Surge As Economy Recovers
Natural gas imports into China rose 22.4 percent on the year in the first four months of this year to 39.45 million metric tons.
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