Natural Gas
EU to seek COP28 deal on phasing out fossil fuels
European Union countries are preparing to push for a global deal on phasing out fossil fuels at the United Nations COP28 climate summit which begins in November, a draft of the EU's negotiating position showed.
Sinopec not interested in acquiring Shell's Singapore assets
Asia's top refiner, Sinopec Corp, is not interested in acquiring Shell's refinery or petrochemical plant in Singapore although it is keen on participating in a shale gas project in Saudi Arabia.
Venezuela fails to curb oil leaks, gas flaring despite pledges
Venezuelan state oil company PDVSA has failed to make any dent in its oil spill or gas flaring woes, despite nascent promises of environmental clean-up by President Nicolas Maduro's government, according to people within the company.
New Canadian clean electricity rules would allow some use of fossil fuels
Canada announced long-awaited draft clean electricity regulations that are designed to create a net-zero emissions power grid by 2035, and said some continued use of fossil fuels would be allowed.
Case study: Gas turbine generator fleet optimization
Cost reduction has always been an important focus for industrial plants to improve their bottom lines.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,050 active projects in the HPI.
Britain commits to hundreds of North Sea oil and gas licenses
Britain committed to granting hundreds of licenses for North Sea oil and gas extraction as part of efforts to become more energy independent, drawing criticism from environmental campaigners.
Greenpeace challenging UK's new North Sea oil and gas licenses
Britain's decision to authorize new licenses for oil and gas exploration in the North Sea came under scrutiny at London's High Court, as Greenpeace argued the government failed to assess emissions produced by burning extracted fuel.
U.S. to spend $700 MM for oil and gas sector to cut methane emissions
The U.S. government will provide up to $700 MM in funding to monitor and reduce methane emissions from the oil and gas sector, setting aside half of the amount for grants to states, two agencies said.
G20 bloc fails to reach agreement on cutting fossil fuels
The Group of 20 (G20) major economies meeting in India failed to reach consensus on phasing down fossil fuels following objections by some producer nations.
- Meridian Energy Group’s Davis Refinery Project in North Dakota (U.S.) will be the world’s first net-zero carbon refinery 4/17
- Lummus expands R&D capabilities to enhance innovation and water and wastewater technologies 4/17
- Niger plans to build diesel refinery and increase supplies to Mali 4/17
- BASF, SABIC, and Linde celebrate the start-up of the world's first large-scale electrically heated steam cracking furnace 4/17
- U.S. crude stocks rise, gasoline, distillate inventories fall 4/17
- Russia's offline primary oil refining capacity revised up for April 4/17