Russian energy behemoth Gazprom has dominated the country’s gas sector for decades. Other companies, such as Rosneft, have tried (and failed) convincing the Kremlin to provide a leveled playing field Continue Reading
The second string of the EUGAL gas pipeline in Germany — designed to be the onshore extension of the unfinished Nord Stream 2 line — is on schedule to become Continue Reading
Cranfield Aerospace Solutions (CAeS)—the UK SME leading the Project Fresson consortium—will exploit recent advances in hydrogen fuel cell technology to develop a commercially viable, retrofit powertrain solution for the nine-passenger Continue Reading
Rolls-Royce has officially started building the world’s largest aero-engine, UltraFan. Work on the first module is underway at the DemoWorks facility in Derby, UK, and the demonstrator engine, which has Continue Reading
Orsted plans to develop a 1 GW electrolyzer supplying industrial demand for renewable hydrogen in the Netherlands and Belgium by 2030, the Danish energy company said March 31. Not registered? Continue Reading
Crude oil futures edged higher during mid-morning trade in Asia March 30 as optimism over the OPEC+ coalition persisting with its supply cuts and expectations of increased downstream products demand Continue Reading
Oil held a two-day gain as investors looked ahead to this week’s OPEC+ meeting amid expectations that the group will stick with its tight production curbs for another month to Continue Reading
Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep Continue Reading
It was a bleak moment for the oil industry. U.S. shale companies were failing by the dozen. Petrostates were on the brink of bankruptcy. Texas roughnecks and Kuwaiti princes alike Continue Reading
Despite a 44 percent drop in its 2020 profits, the Saudi Arabian government has instructed majority-state-owned Saudi Aramco to stick to the US$75 billion per year dividend payout for shareholders Continue Reading
