European Buyers Eye Canadian LNG to Diversify Supply
European energy companies are eyeing purchases of Canadian liquefied natural gas in search of supply diversification in challenging times, according to a Reuters report citing unnamed sources familiar with the…
China’s Refinery Runs Slip as War Squeezes Crude Supply
Chinese refinery processed 2.2% less crude last month, at an average daily of 14.52 million barrels daily amid the war-related squeeze on oil supply. Fuel output was also down, with…
Repsol Returns to Venezuela With Ambitious Production Growth Plan
Spain’s Repsol will return to Venezuela after it signed a new deal with the Venezuelan government, with plans to increase crude oil production in the country by 50% from current…
Oil Prices Steady as Traders Balance Diplomatic Progress With Physical Shortages
Oil prices were flat in early Asian trade on Thursday as tentative signs of diplomatic progress between Washington and Tehran were offset by continued and intensifying supply tightness. At the…
Rystad Says Energy Repair Costs from War Could Hit $58B
In a market update sent to Rigzone on Wednesday, Rystad Energy noted that its analysis shows that repair and restoration costs for energy-linked infrastructure, as a result of war in the…
GMT secures £195m to scale UK biomethane projects
By 41 min ago 2 min read Biomethane plant developer GMT has secured £195m ($265m) in project finance to support the rollout of UK-based plants as it targets 1TWh of…
Japan firms link to advance onboard CCS with demo project
The Pirika Moshiru Maru ©Oshima Shipbuilding Co., Ltd. By 22 min ago 2 min read Japan-based NYK Line and Hokkaido Electric Power Co (HEPCO) will jointly advance a demonstration project…
Neom port relieves Middle East port congestion pressures
By 32 min ago 3 min read Neom port on the west coast of Saudi Arabia is emerging as a maritime centre as regional ports grapple with rising congestion from…
Neom port relieves Middle East congestion pressures
By 2 hours ago 3 min read Neom port on the west coast of Saudi Arabia is emerging as a maritime centre as regional ports grapple with rising congestion from…
EU plans early review of RFNBO hydrogen rules, leak shows
By 42 min ago 2 min read The European Commission is preparing to bring forward a review of its controversial green hydrogen rules by two years, according to a leaked…
