Oil & Gas
News & Press Releases
Oil Consumption Rises As Refiners Ramp Up Output In China
In anticipation of greater demand and a potential increase in fourth-quarter gasoline exports, at least three Chinese state-run oil refineries and a privately owned mega refiner are considering raising capacity in October from September by up to 10%, according...
News & Press Releases
Is Energy Strategy In Europe On The Right Track Or Not?
Another historic week has passed for the European energy markets, with policymakers taking the lead in defending consumers and companies from skyrocketing energy costs.
Although there have been murmurs in certain places that the energy transition has been managed poorly...
News & Press Releases
Iran Aims To Fill The Russian Gap In European Oil Market
If Iran is able to reach an agreement with global powers over its nuclear programme, it will attempt to fill the gap left by Russia in the European oil market.
In the event that sanctions aimed at its energy sector...
News & Press Releases
With $25mn Federal Grant, Texas To Cap 800 Oil And Gas Wells
The state's oil and gas department announced that Texas will start capping around 800 abandoned oil and gas wells this fall after obtaining a preliminary $25 million award from a programme contained in President Joe Biden's infrastructure plan. It's...
News & Press Releases
Exploring Hydrogen And Carbon Capture With TNB And PETRONAS
Studies on the viability of hydrogen and carbon capture will be conducted by Tenaga Nasional Berhad (TNB) and PETRONAS. This comes at a time when TNB President and CEO Dato' Indera Ir. Baharin Din and the firms want to...
News & Press Releases
Australian Energy Crisis Leads To Fresh Need In Gas Supplies
According to a report, Australia's ongoing energy crisis has increased price controls by 400% to AU$40 per gigajoule, necessitating the need for new gas supplies.
A perfect storm of underinvestment in new energy sources, cold weather that coincided with coal...
News & Press Releases
Almost There- The Completion of The Canadian Gas Terminal
A new roll-on/roll-off dock at a marine LNG facility in western Canada is nearly finished by contractors.
The wharf in Kitimat, British Columbia, constructed by BVJV, a partnership between Besix and Vancouver Pile Driving, is already being used by cargo...
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