Oil & Gas
News & Press Releases
Asian Growth To Push Global Oil Demand In 2023, Opines OPEC
The economic growth in Asia is all set to push worldwide oil demand this year despite the risk of recession looming as well as the economic headwinds, said prominent players present at the inaugural Asia conference held in Kuala...
News & Press Releases
Saudi Crude Supplies To US Could Be Reduced, But Not To Asia
As the kingdom of Saudi Arabia is all set to unilaterally slash 1 million barrels a day from its crude oil production starting July, its shipments to the west could get much more affected than its exports to Asia,...
News & Press Releases
Caterpillar and Eneria Support Groundbreaking Transition of LCL Brussels-West Data Center to 100% HVO for Standby Power
Caterpillar announced that LCL Data Centers, the operator of five independent data centers in Belgium, has commissioned a new 13.5 MVA standby power solution at its LCL Brussels-West data center in Aalst that operates exclusively on 100% hydrotreated vegetable...
News & Press Releases
Fundraising Challenges In Asia-Pacific Oil And Gas Sector
The oil and gas industry in the Asia-Pacific region faces challenges in raising funds for capacity expansion, according to the Institute for Energy Economics & Financial Analysis (IEEFA). Industry financing depends on financiers, underwriters, and advisors, but there is...
News & Press Releases
Transition To Cleaner Fuels Diminish The Surge In Oil Demand
According to the International Energy Agency (IEA), the surge in oil demand resulting from the recovery after the pandemic will come to an end this year. The agency stated that a sluggish economy and the transition to cleaner fuels...
News & Press Releases
Teco 2030 partners SuperBattery producer for hydrogen fuel cell project with Shell
Norwegian shipping fuel cell developer Teco 2030 is partnering SuperBattery producer Skeleton Technologies to integrate peak power storage capacity in in the HyEkoTank project with Shell.
The partnership will be part of deal to accelerate the use of renewable hydrogen...
News & Press Releases
Plug Power, Energy Vault to build largest planned U.S. hydrogen fuel cell installation
Plug Power said that it will supply Energy Vault with 8 MW of hydrogen fuel cell stationary power to deliver clean energy to the city of Calistoga, California, during times of wildfires and other emergencies.
Plug (PLUG) said it will...
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