Oil & Gas
News & Press Releases
China And Qatar Are All Set To Strike A Major LNG Deal
Qatar Energy is all set to sign a big deal with the Chinese National Petroleum Corporation so as to go ahead with the long-term supply of liquefied natural gas across the Chinese market. The two firms are almost on...
News & Press Releases
Russia Cuts Oil Production From March Due To The Price Cap
Russia is all set to decrease the crude oil production by 500,000 in a day starting March this year. This step comes after major world economies recently imposed a price cap on Russia's oil products.
The repercussions to the cut...
News & Press Releases
Masdar signs MoU with VERBUND to explore green hydrogen production for Central Europe
Masdar, one of the world’s fastest-growing clean energy companies, has signed a memorandum of understanding (MoU) with VERBUND, Austria’s leading energy utility and one of the largest producers of hydropower in Europe, to explore the production of green hydrogen...
News & Press Releases
Denmark Awards 3 Permits For Full Scale CO2 Seabed Storage
In what was the first round of tenders when it comes to the storage of CO2 in the Danish North Sea, a total of three permits have been awarded- 1 to Wintershall Dea and INEOS E&P consortium and 2...
News & Press Releases
Equinor, Engie advance H2BE natural gas to hydrogen project in Belgium
Equinor Energy AS and Engie expect to sign a joint development agreement to progress the H2BE hydrogen project to the next stage of development and advance the plan towards concept selection this year, Equinor said in a release Feb....
News & Press Releases
Saudi Crude Price Dip For 4 Months Straight May Be A Reality
For the straight fourth month this march, world’s largest oil exporter, Saudi Arabia may reduce prices of grades that are sold to Asia because of low physical oil premiums as there are still worries concerning oversupply that persist despite...
News & Press Releases
Trinidad And Tobago Gets US Nod For Offshore Gas Exploration
As per the Trinidadian and U.S. officials, the Biden administration has given Trinidad and Tobago approval in order to make use of a key gas resource off the Venezuelan territorial waters, which will further lead to easing some sanctions...
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