Argentina is developing its oil sector, especially with the exploitation of Vaca Muerta, a huge gas and oil deposit. YPF, the country's main oil company, is targeting production of 1.2 million barrels per day in the coming years.
Argentina is developing its oil sector, especially with the exploitation of Vaca Muerta, a huge gas and oil deposit. YPF, the country's main oil company, is targeting production of 1.2 million barrels per day in the coming years.
Mitsui & Co Ltd acquires 92% of an unconventional gas asset in Texas to expand its gas business and support the energy transition. This is in line with Japan's objective to keep LNG as a transitional fuel.
Mitsui & Co Ltd acquires 92% of an unconventional gas asset in Texas to expand its gas business and support the energy transition. This is in line with Japan's objective to keep LNG as a transitional fuel.
Avril has announced plans to double production of its 100% biodiesel fuel Oleo100 for truck fleets in 2023, at the expense of standard biodiesel blended with gasoline. This strategy is designed to increase profit margins, but it could have implications for biodiesel imports.
Avril has announced plans to double production of its 100% biodiesel fuel Oleo100 for truck fleets in 2023, at the expense of standard biodiesel blended with gasoline. This strategy is designed to increase profit margins, but it could have implications for biodiesel imports.
Oil giants Chevron and ExxonMobil recently unveiled the results of their tests of renewable gasoline blends, which could potentially reduce emissions from conventional cars to levels comparable to electric vehicles.
Oil giants Chevron and ExxonMobil recently unveiled the results of their tests of renewable gasoline blends, which could potentially reduce emissions from conventional cars to levels comparable to electric vehicles.
Equinor is restarting production at the Njord oil and gas field in Norway, after a six-year hiatus for upgrading. The company announces the launch of production of a new satellite to extend the life of the aging facility, as well as the challenges faced due to the pandemic.
Equinor is restarting production at the Njord oil and gas field in Norway, after a six-year hiatus for upgrading. The company announces the launch of production of a new satellite to extend the life of the aging facility, as well as the challenges faced due to the pandemic.
Turkey is launching its first deliveries of Black Sea gas to achieve energy independence and diversify its supply sources, covering about 6% of its annual gas consumption.
Turkey is launching its first deliveries of Black Sea gas to achieve energy independence and diversify its supply sources, covering about 6% of its annual gas consumption.
Thailand is experiencing a record heat wave that will boost energy demand and promote liquefied natural gas imports as domestic natural gas production and pipeline imports continue to face constraints.
Thailand is experiencing a record heat wave that will boost energy demand and promote liquefied natural gas imports as domestic natural gas production and pipeline imports continue to face constraints.
Africa has large reserves of liquefied natural gas (LNG) that could help solve Europe's gas supply shortage. However, the commercialization of these resources remains complex due to many factors.
Africa has large reserves of liquefied natural gas (LNG) that could help solve Europe's gas supply shortage. However, the commercialization of these resources remains complex due to many factors.
TotalEnergies delivers its first liquefied natural gas cargo to the Dhamra LNG terminal in India, increasing the country's regasification capacity by over 10%. This important step will allow India to increase the share of natural gas in its energy mix, thereby reducing its carbon intensity.
TotalEnergies delivers its first liquefied natural gas cargo to the Dhamra LNG terminal in India, increasing the country's regasification capacity by over 10%. This important step will allow India to increase the share of natural gas in its energy mix, thereby reducing its carbon intensity.
The EU's energy platform launches its first gas procurement call on April 25 via its AggregateEU service, offering a stable supply opportunity at discounted prices for companies, which must register by April 20 to participate.
The EU's energy platform launches its first gas procurement call on April 25 via its AggregateEU service, offering a stable supply opportunity at discounted prices for companies, which must register by April 20 to participate.
Acelen, a company backed by Mubadala Capital, plans to invest $2.44 billion to produce "green" jet fuel and diesel in Brazil. The new biorefinery is expected to produce one billion liters of hydrotreated vegetable oil per year, reinforcing Brazil's role as a strategic supplier of renewable fuels.
Acelen, a company backed by Mubadala Capital, plans to invest $2.44 billion to produce "green" jet fuel and diesel in Brazil. The new biorefinery is expected to produce one billion liters of hydrotreated vegetable oil per year, reinforcing Brazil's role as a strategic supplier of renewable fuels.
The Norwegian Parliament has voted to evaluate carbon capture and storage as an alternative to electrifying Western Europe's largest LNG facility. The Melkoeya plan is a controversial issue for residents, and the opposition is seeking to capitalize on the low ratings of the center-left minority government in the run-up to the local elections.
The Norwegian Parliament has voted to evaluate carbon capture and storage as an alternative to electrifying Western Europe's largest LNG facility. The Melkoeya plan is a controversial issue for residents, and the opposition is seeking to capitalize on the low ratings of the center-left minority government in the run-up to the local elections.
Gazprom warns that Europe may struggle to fill its gas reserves to last year's levels due to politically motivated decisions and increased competition for LNG. Europe's low stocks could become a concern.
Gazprom warns that Europe may struggle to fill its gas reserves to last year's levels due to politically motivated decisions and increased competition for LNG. Europe's low stocks could become a concern.
Cepsa and Bio-Oils join forces to build the largest second-generation biofuels plant in Southern Europe. The new plant will enable Cepsa to become the main supplier of second generation biofuels in Spain and Portugal.
Cepsa and Bio-Oils join forces to build the largest second-generation biofuels plant in Southern Europe. The new plant will enable Cepsa to become the main supplier of second generation biofuels in Spain and Portugal.
The European biomethane market is booming, but it may struggle to meet its ambitious production targets due to various regulatory, logistical and economic hurdles.
The European biomethane market is booming, but it may struggle to meet its ambitious production targets due to various regulatory, logistical and economic hurdles.
Evergaz injects its first cubic meters of biomethane into the GRDF network from the methanization unit in the Château-Gontier region, offering a full range of green energy and contributing to the ecological transition and energy independence.
Evergaz injects its first cubic meters of biomethane into the GRDF network from the methanization unit in the Château-Gontier region, offering a full range of green energy and contributing to the ecological transition and energy independence.
Natural gas prices are experiencing a lull in global markets, but could quickly rebound. The authors of the quarterly study by the Oxford Institute for Energy Studies point out that prices remain well above the average of the past five years.
Natural gas prices are experiencing a lull in global markets, but could quickly rebound. The authors of the quarterly study by the Oxford Institute for Energy Studies point out that prices remain well above the average of the past five years.
The U.S. approves the export of liquefied natural gas from the Alaska LNG project to compete with Russia in the Asian market. The project, which is expected to be operational by 2030, is seen as beneficial to the U.S. economy and international security.
The U.S. approves the export of liquefied natural gas from the Alaska LNG project to compete with Russia in the Asian market. The project, which is expected to be operational by 2030, is seen as beneficial to the U.S. economy and international security.
Marubeni and Taisei announce a joint venture to develop a wood-based biomass power plant in the Ishikari New Port area. The plant aims to use locally produced fuel to provide renewable energy and contribute to the revitalization of local forestry.
Marubeni and Taisei announce a joint venture to develop a wood-based biomass power plant in the Ishikari New Port area. The plant aims to use locally produced fuel to provide renewable energy and contribute to the revitalization of local forestry.
Norway's gas exports to Europe remain strong despite a slight decline in March. Norway is committed to maintaining operational stability to meet European gas demand.
Norway's gas exports to Europe remain strong despite a slight decline in March. Norway is committed to maintaining operational stability to meet European gas demand.
Gifu Seino Green Power LLC begins operation of the Godo Biomass Power Plant in Gifu, fueled by local wood. This plant illustrates efficient and economical renewable energy production with a focus on environmental conservation and business cooperation.
Gifu Seino Green Power LLC begins operation of the Godo Biomass Power Plant in Gifu, fueled by local wood. This plant illustrates efficient and economical renewable energy production with a focus on environmental conservation and business cooperation.
Israeli gas group NewMed Energy has received an offer to buy 50% of its capital for about $4 billion. This proposal comes from a consortium formed by BP and ADNOC, British and Emirati energy giants.
Israeli gas group NewMed Energy has received an offer to buy 50% of its capital for about $4 billion. This proposal comes from a consortium formed by BP and ADNOC, British and Emirati energy giants.
Europe's largest gas field, located in the Netherlands, is expected to be closed this year despite the inconvenience this could cause in terms of energy supply.
Europe's largest gas field, located in the Netherlands, is expected to be closed this year despite the inconvenience this could cause in terms of energy supply.
The Zama Unit Development Plan marks a significant milestone for the Mexican oil industry and for the project owners, who have worked closely together to provide an efficient and cost-effective solution to develop the resources of the Zama oil field.
The Zama Unit Development Plan marks a significant milestone for the Mexican oil industry and for the project owners, who have worked closely together to provide an efficient and cost-effective solution to develop the resources of the Zama oil field.
Denmark has invited Nord Stream to participate in the recovery of a cylindrical object found near the sabotaged Nord Stream 2 pipeline. This discovery comes almost six months after the explosions that affected the Nord Stream 1 and 2 gas pipelines, the responsibility of which remains a mystery.
Denmark has invited Nord Stream to participate in the recovery of a cylindrical object found near the sabotaged Nord Stream 2 pipeline. This discovery comes almost six months after the explosions that affected the Nord Stream 1 and 2 gas pipelines, the responsibility of which remains a mystery.