Russia and China Ink Deal for Massive New Gas Pipeline
Russia’s gas giant Gazprom on Tuesday signed an agreement with China’s state energy firm CNPC to build a second huge natural gas pipeline from Russia to China, Gazprom’s CEO Alexey…
Syria Exports First Crude Oil in 14 Years
Syria has just exported its first cargo of crude oil in 14 years after the U.S. Administration revoked in June the sanctions on the country that has been in a…
Sanctioned Russian Arctic LNG 2 Project Is Shipping Cargoes
The sanctioned Arctic LNG 2 project in Russia has accelerated cargo loadings and shipments in recent weeks, in a sign that the facility has now found its first customer after…
US firm produces nitrogen-doped graphene from waste plastic
US-based advanced materials and clean energy company Plastic 2 Green has produced nitrogen-doped graphene from waste plastic in a project at Colorado State University. The company develops plasma-based technologies to…
India Saves $12.6 Billion on Oil Import Bill With Russian Crude
India’s savings from discount Russian crude since 2022 have reached $12.6 billion, the Indian Express has calculated, although there could be much higher implied savings, the media outlet reported. The…
Saudi Arabia and Iraq Suspend Oil Sales to Sanctioned Indian Refinery
Saudi Aramco and Iraq’s state oil marketing company SOMO have stopped selling crude oil to the Nayara Energy refinery in Vadinar, India, following the release of the European Union’s 18th…
UK Could Allow Oil and Gas Exploration for Tiebacks to Producing Fields
The UK government, which has pledged not to issue new oil and gas exploration licenses, plans to offer operators flexibility and allow them to explore the potential of tiebacks to…
Why Is the Oil Price Rising?
Why is the oil price rising today? That was the question Rigzone asked Brian Leisen, a Global Oil Analyst at RBC Capital Markets. In response, Leisen told Rigzone that “geopolitics…
Air Water launches ASU in India and sees hydrogen chance
The Indian arm of Japan-based industrial gas company Air Water has begun production at its newly opened air separation unit (ASU) in Chennai, India. The launch, which happened last month,…
Russian Oil Discount for India Widens on U.S. Pressure
The discount of Russia’s flagship Urals crude blend for Indian buyers has widened to between $3 and $4 per barrel for Indian barrels amid continued pressure on the latter coming…
