Bosnia plans its energy transition with World Bank support
The World Bank has approved a €79.9m loan and €2.89m grant to support Bosnia and Herzegovina’s National Energy and Climate Plan, which is designed to improve energy independence and drive…
North America Loses Rigs for 9 Straight Weeks
North America dropped 11 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on May 2. The U.S. dropped a total of…
Video | “The issue with regulations is for people to understand that they exist”
James Watt, Hydrogen and Carbon Capture Consultant at WSP, discusses if regulations and standards are one of the key barriers facing hydrogen and ammonia transportation, on gasworld’s Hydrogen & Ammonia:…
Higher headcount at Air Products ‘led to cost overruns and project delays’
Air Products has talked more about the extra recruits it hired from 2018, principally to drive forward its hydrogen projects, several of which it has now . Newly installed CEO…
Golar LNG commits to ‘largest’ FLNG vessel in Argentina
Maritime LNG infrastructure company Golar LNG has reached final investment decision on the 20-year redeployment charter of the floating liquefied natural gas (FLNG) platform Hilli Episeyo, in Argentina. The vessel,…
Mission Zero opens UK’s first building materials plant with DAC
UK-based climate tech company Mission Zero Technologies (MZT) has opened a direct air capture (DAC) plant in Norfolk, in the east of England, integrating captured carbon dioxide into a limestone…
Saudi Arabia and India at Odds Over Crude Supply to Possible Joint Refineries
Last month, Saudi Arabia and India agreed to boost energy cooperation, including by potential Saudi investment in two refineries in the world’s third-largest crude oil importer. However, initial talks have…
Morgan Stanley Slashes Brent Oil Price Forecast to $62.50
Morgan Stanley joined other major investment banks in slashing oil price forecasts amid expectations of a larger market surplus later this year as OPEC+ plans to raise output much more…
Saudi Arabia Raises Oil Price to Asia as OPEC+ Boosts Supply Further
Saudi Arabia has raised the price of its flagship crude grade loading for Asia in June, just as the Saudi-led OPEC+ group decided to continue easing the production cuts by…
Goldman Sachs Slashes Its Oil Price Forecast Yet Again
Goldman Sachs has slashed its oil price forecast for a third time in one month after OPEC+ decided this weekend to hike production in June with a similar 410,000-bpd increase…
