Oil & Gas
News & Press Releases
Germany Has Plan For Hydrogen Fuel Use In Heating, Mobility
The government in Germany has been actively looking out for new ways to make use of hydrogen fuel as an option to decarbonize many of its sectors, having already gotten into deals with numerous nations, many of them in...
News & Press Releases
Despite Energy Crisis, EU Nations Reduced Coal And Gas Usage
According to insights, European Union (EU) countries reduced their consumption of coal and natural gas for power generation compared to previous years, despite the ongoing energy crisis caused by Russia's invasion of Ukraine. Between October 2022 and March 2023,...
News & Press Releases
Lagging Energy Transition Accelerates Oil And Gas Prospects
During the Energy Asia conference in Kuala Lumpur, industry leaders stressed that oil and gas would remain the primary sources of energy for many years due to the sluggish energy transition. Estimates indicate that an annual investment of $4...
News & Press Releases
Sustainable Aviation Fuel Requires Government Intervention
The International Air Transport Association, IATA, has announced its anticipation for the entire renewable fuel production so as to reach an estimated probability of at least 69 billion litres, i.e., 55 million tonnes by 2028. Apparently, sustainable aviation fuels...
News & Press Releases
Qatar – China Into Another LNG Supply Deal In Less Than A Year
On June 20, Qatar went on to secure a large gas supply deal, a second one with a state- controlled company from China, and that too in less than a year's time, thereby putting Asia well ahead when it...
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,...
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