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Crude Oil
Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…
Oil & Gas Trade
Shell Resumes Oil Exports at Mars and Ursa in the Gulf of Mexico
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has safely and successfully re-started production at its Mars and Ursa platforms in the US Gulf of M…
Hydrogen Fuel Cell
Rolls-Royce Debuts mtu Fuel Cell System and All-Electric Aircraft at COP26
Rolls-Royce has presented its new mtu fuel cell system for a future CO2-free energy supply for the first time at COP26 in Glasgow, Scotland.
Coal Mine
Work Set to Start on Botswana Coal Mine in 2022 Despite Pressure
Work is due to begin on Botswana's second privately-owned coal mine in the first quarter of next year.
Energy Security
Coal Shortage, Higher Energy Prices Driving Rising Inflation
Higher energy prices to drive up global inflation to 3.23% in 2021, says research.
Oil & Gas Supply
Opec+ JMMC Recommends Sticking to Output Policy
The Opec+ Joint Ministerial Monitoring Committee is recommending sticking to a 400,000 b/d combined crude quota increase for December, two delegates said, even …
Net Zero Emission
Nigeria Vows to Reach Net-Zero by 2060, Highlights Key Role of Gas in Energy Transition
During the COP26 summit in Glasgow, Nigerian President Muhammadu Buhari has pledged Nigeria will cut its carbon emissions and reach net-zero by 2060
Oil Exploration
Empyrean Gearing up to Drill ‘First Exciting Exploration Well in China’
Oil and gas company Empyrean Energy has made significant operational progress towards spudding the LH 17-2-1 exploration well at the Jade prospect on Block 29/1…
Hydrogen Storage
Steelhead Composites to Expand State-of-the-Art Colorado Site for Compressed Hydrogen Storage
Steelhead Composites will expand its Colorado, US, site to increase the company’s capabilities in manufacturing composite overwrapped pressure vessels for comp…
Uganda
Uganda Counts on TotalEnergies, CNOOC to Create New African Oil Hub
Ugandan President Yoweri Museveni is counting on TotalEnergies SE and CNOOC Ltd. to produce oil from its fields in four years, laying the foundation for a new r…
Crude Oil
OPEC+ Lgnores Calls For More Crude, Adds Meagre 140,000 Bpd In October
OPEC+ added just 140,000 barrels daily of crude oil last month
Tidal Energy
‘Tidal could Supply 11% of UK Electricity’
Tidal stream power has the potential to deliver 11% of the UK’s current annual electricity and play a significant role in the government’s drive for net-zero,…
Offshore Wind Power
Eni Acquires Stake in Dogger Bank C Wind Project
Eni has strengthened its presence in the UK offshore wind market by entering into an agreement with Equinor and SSE Renewables to acquire a 20% stake of the 1.2…
Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
Electricity Reform
Private Sector Producers Launch Electricity Sector Association of Kenya
Private sector producers of electricity in Kenya recently launched the Electricity Sector Association of Kenya.
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