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Oil & Gas Trade
Russian Exports: Shipments Fall on Black Sea Storms, Druzhba
kidsnord/ShutterstockRussia’s crude oil exports declined by nearly 9% in February due mainly to port stoppages in Novorossiysk and lower flows to Europe.C…
Natural Gas
Egypt to Announce New Energy Strategy in Coming Weeks
Decarbonisation, natural gas and hydrogen will be key elements of transition plan to reach 42 per cent renewable energy by 2030
Steam turbine
Senegal’s 130 MW Malicounda Power Project Now Fully Operational
The 130 MW Wärtsilä Flexicycle™ power plant is now fully operational in Malicounda. The plant has been officially inaugurated by President Sall …
LNG
Bahrain Explores Constructing LNG Export Facility
Bahrain aims to slash domestic natural gas consumption under a plan to decarbonize its economy and is exploring ways to export the fuel to international markets…
Oil Price
Biden Sets Sights on Scrapping Oil and Gas Subsidies
The Biden administration is planning to eliminate subsidies for the oil and gas industry in its next budget, Reuters has reported, citing a White House document…
Solar Technology
Domestic Sources on Track to Meet ‘Most’ Solar Energy Demand by 2030: Seia
Inside Toledo Solar's manufacturing plant, where the company produce cadmium telluride thin-film solar modules.(Courtesy: Toledo Solar)U.S. solar installati…
Energy Technology
Great Resonance at Geotherm 2023--Technical Lecture on “Smart Monitoring”
Thank you very much for visiting our booth and attending our presentation at GeoTHERM 2023, announced Adam Waniek, Sales & Marketing Manager at Oil Dynamics Gmb…
Coal Trade
UK Calls on Reserve Coal Power as Supply Tightens
National Grid ESO, serving the grid of Great Britain, has used reserve coal power units for the first time this winter during expected supply shortages.Two coal…
Oil Pipeline
Reelwell as Announces Frame Agreement With Equinor to Provide Drill Pipe for Their Operations
The company has announced the signing of a frame agreement with Equinor ASA to provide DualLink™ powered and wired drill pipe for their operations, ahead …
Energy Storage Material
Iran announces first lithium reserve in country; Projected 8.5 million tonnes
Iran’s Ministry of Industries, Mining and Trade recently announced that the country has discovered its first lithium reserve, in Qahavand in Hamedan provi…
Carbon Emissions
UK energy sector unites behind calls to grant ofgem ‘net zero mandate'
Open letter to government from Energy Networks Association, Green Alliance, RenewableUK and others warns UK progress towards net zero risks stalling unless Ofge…
Oil & Gas Supply
Slim Bunker Demand Pressures Low-Sulphur Fuel Oil
The increased use of vessel exhaust scrubbers has boosted HSFO demand, narrowing the spread with lower-sulphur bunker fuel, write Sammy Six and Sarah GiamVery-l…
Coal Trade
Seventh Round of Commercial Coal Mines Auction Likely by Month End
Despite having the fourth-largest coal reserves in the world, India is the second-largest importer of the fuel, according to a government report. A fifth of the…
Oil & Gas Trade
Oil Stays Firm on China Growth Hopes
Oil prices rose in Asian trade, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further US interest rat…
Oil & Gas Trade
Benchmarking: Outlook for Demand, Global Balances Diverge
Watch The World/ShutterstockAlthough macroeconomic concerns loom large in the foreground, oil consumption will grow by an average 1.75 million b/d among major f…
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