Queensland Looks to Fast-Track Australia’s First New Oilfield in 50 Years
The state of Queensland on Wednesday urged Australia’s federal government to fast-track the approval of the Taroom Trough project that would see the first new oil development project the country…
Shell Expects ‘Significantly Higher’ Oil Trading Profits in Q1
Shell expects its adjusted earnings in marketing and oil trading for the first quarter to be “significantly higher”, the UK-based supermajor said in a trading update on Wednesday in a…
European Natural Gas Futures Slump by 20% on Ceasefire Relief
European benchmark natural gas prices tumbled 20% at opening in Amsterdam on Wednesday after the U.S. and Iran announced a two-week ceasefire that could lead to reopening of the Strait…
India Set to Import First Iranian Oil in 7 Years
India is expected to receive this week its first cargo of Iranian oil in seven years, after the U.S. last month unsanctioned purchases of Iran’s oil already loaded on tankers.…
Korea research team develops catalyst tech to boost CO2 conversion efficiency
Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a new electrode design that improves the efficiency and selectivity of carbon dioxide electroreduction – a technology…
India’s Coal Power Demand Set for 11.5% Jump in April-June
India’s coal demand from power plants is set to rise by 11.5% in the April to June quarter amid the peak electricity demand season in the country in May and…
Ceasefire Sparks Tentative Revival of Work on Qatar LNG Project
Japan’s engineering giant Chiyoda Corporation is weighing resuming work on a massive expansion at Qatar’s LNG export site at Ras Laffan after the U.S. and Iran agreed to a two-week…
China’s Teapot Refiners Rush to Secure Iranian Crude as Oil Prices Slide
China’s independent refiners are looking for prompt Iranian crude cargos after Beijing issued the latest batch of quotas for oil imports and after international prices took a plunge following the…
Phelan Green selects Honeywell tech for South Africa eSAF project
South Africa-based Phelan Green has selected technology from Honeywell for its planned electro-sustainable aviation fuel facility in Saldanha Bay, South Africa. Through its subsidiary Phelan eFuels, the company will deploy…
Baker Hughes to supply compression tech for Argentina FLNG vessels
Energy technology specialist Baker Hughes will supply gas compression units for the San Matias pipeline in Río Negro province to support Argentina’s liquefied natural gas (LNG) export project. Baker Hughes…
