Japan’s Yanmar to test hydrogen marine engines
Chevron-Led Joint Venture Signs Major Gas Exploration Deal Offshore Greece
A Chevron-led consortium on Monday signed the lease contracts for oil and gas exploration offshore Greece as the southern European country aims to become a major gas supplier in the…
Eni Makes Major Gas Discovery Offshore Ivory Coast
Eni has made a major natural gas and condensate discovery offshore the Ivory Coast in Africa, in part of what is estimated to be the second largest discovery in the…
Suffocating U.S. & Western Pressure May Finally Force Russian Oil Output Cuts: Bousso
Russian oil producers could be forced to sharply cut output in coming months as tightening pressure from U.S. President Donald Trump and European powers restricts the country’s exports and its…
Saudi Oil Exports to China Set to Soar as the Kingdom Slashes Prices
Near-term demand for Saudi Arabia’s oil in China is soaring after the Kingdom early this month slashed its official selling prices (OSPs) for Asia to the lowest level versus regional…
European Gas Prices Slide as Mild Weather Tempers Supply Fears
Despite fast-depleting gas inventories, Europe’s benchmark natural gas prices plummeted by more than 5% early on Monday as forecasts of milder weather ahead and a plunge in the U.S. benchmark…
New Discovery Bolsters Equinor’s North Sea Production Future
Equinor and its partners have made an oil and gas discovery in a prospect near the Gullfaks field in the northern part of Norway’s North Sea, the Norwegian Offshore Directorate…
China Secures Record Russian Oil Imports as India Reduces Purchases
China’s oil imports from Russia are on track for all-time high of over 2 million barrels per day in February as India is withdrawing from Russian spot purchases and supply…
EBW Warned of Faltering Gas Demand Heading into Holiday Weekend
In a U.S. natural gas focused EBW Analytics Group report sent to Rigzone by the EBW team on Friday, Eli Rubin, an energy analyst at the company, warned of “faltering…
Wartsila Building Energy Storage in Support of Belgian Grid
Technology group Wärtsilä has been selected by Gramme Storage 1 to deliver a 50-MW/100-MWh battery energy storage system (BESS) in central-eastern Belgium. The companies on February 16 said that the…
