Highlights Differences in accounting for natural gas methane intensity Disagreement on SMR, CCUS efficiencies Hydrogen seen as better for industrial, transport than heating The technologies involved in blue hydrogen – Continue Reading
Saudi Arabia’s crude oil exports hit a five-month high in June at nearly 6 million barrels per day (bpd) as the world’s top oil exporter, and the entire OPEC+ group Continue Reading
Lebanese Shiite group Hezbollah, backed by Iran, warned on Thursday the United States and Israel not to try to interfere with a shipment of Iranian fuel oil that is en Continue Reading
Libya’s Oil Minister Mohamed Oun has recommended to the government of national unity that it replace the long-serving chairman of the National Oil Corporation (NOC), Mustafa Sanalla, in a board Continue Reading
Highlights Direct crude burn at nine-month high Refined product exports highest since May 2020 Kingdom unwinding extra output cuts Saudi Arabia’s exports of crude oil in June rose to a Continue Reading
Iran last week revealed a huge new gas deposit located in the Iranian sector of the Caspian Sea. The ‘Chalous’ structure is to be developed with the intention of forming Continue Reading
International oil companies operating in Nigeria owe $4 billion to an agency responsible for fostering development in the Niger Delta, the impoverished wetlands region where much of the industry is Continue Reading
Guyana and Suriname, the new stars on the oil map, are expecting more exploration drilling over the next two years after a string of discoveries revealed the potential of the Continue Reading
The global semiconductor shortage has finally started to bite at Toyota TM -4.09% Motor Corp., highlighting how a resurgence in Covid-19 infections from the Delta variant is now stifling chip manufacturing in Southeast Asia, worsening Continue Reading
International aviation restrictions are still preventing jet fuel from recovering as fast as other oil products, a Rystad Energy analysis reveals. Most of the demand destruction seen in road fuels Continue Reading
