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OPEC agrees to cut global oil by 10% but there are fears it is not enough

OPEC has agreed to cut global oil output by around 10% in response to the coronavirus pandemic, ending the oil price war between Saudi Arabia and Russia that has halved the value of crude.

Type: News

Rio Tinto to close New Zealand aluminium smelter

RIO Tinto has announced that it is winding down operations at its Tiwai Point aluminium smelter in New Zealand.

Type: News

Chrysaor and Premier merger will create UK’s largest independent oil firm

CHRYSAOR has agreed a merger with Premier Oil to create the largest independent oil and gas company on the London Stock Exchange.

Type: News

Evonik and Siemens test plant to produce chemicals from carbon dioxide

EVONIK and Siemens have commissioned a pilot plant that uses microorganisms to convert water and carbon dioxide into specialty chemicals.

Type: News

BP to halt production at Kwinana Refinery

BP will stop fuel production at its Kwinana Refinery in Western Australia and convert it to an import terminal, as the refinery had become uneconomical.

Type: News

Denmark to end oil and gas production

THE Danish Government has agreed to end all oil and gas exploration and extraction in the North Sea by 2050.

Type: News

ADNOC awards ‘blue’ ammonia contract to Wood

ABU Dhabi National Oil Company (ADNOC) has awarded a contract for Wood to design a 'blue' ammonia production facility as part of plans to diversify downstream.

Type: News

Miner BHP could exit oil and gas through merger with Woodside

BHP is exploring options to exit the oil and gas sector by merging its assets with Woodside.

Type: News

Trial successfully produces glass using hydrogen power

A TRIAL has shown that a glass furnace can successfully be powered with hydrogen instead of natural gas.

Type: News

OGA announces winners of offshore electrification competition

THE UK Oil and Gas Authority (OGA) has awarded three projects a share of £1m (US$1.3m) for the advancement of offshore electrification.

Type: News

BP acquires 30% of UK biofuels company

BP has acquired 30% of Green Biofuels (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO) fuels.

Type: News

Shutdown of US LNG exporter after fire raises supply concerns

ONE of the US’s largest LNG export facilities has shutdown after a fire, raising supply concerns amid efforts to reduce reliance on Russian gas.

Type: News

Neom Green Hydrogen Company’s ‘mega’ green hydrogen production facility secures US$8.4bn in investments

DUBBED the world’s largest by its founding partners, a “mega” green hydrogen production facility run by NEOM Green Hydrogen Company (NGHC) is closer to development after receiving a total investment of US$8.4bn from 23 banks and investment firms across the globe.

Type: News

Australian miner Fortescue is building battery factory in UK

FORTESCUE is building a factory near Oxford, UK, that will produce batteries and electric powertrains for heavy industry vehicles and trains.

Type: News

Woodside and Santos merger talks collapse

AUSTRALIA’S Santos and Woodside have ended merger talks, ruling out their creation of a unified US$52bn LNG firm.

Type: News

Jacobs selected to support UK National Nuclear Laboratory’s high-temperature gas-cooled reactor

THE UK’s National Nuclear Laboratory (NNL) has selected Jacobs to help develop novel high-temperature gas-cooled reactor (HGTR) technology that could support the decarbonisation of heavy industry such as steel and cement.

Type: News

UNSW Sydney launches decarbonisation institute to support industry and government net zero plans

AUSTRALIA’s University of New South Wales (UNSW Sydney) has launched a new institute dedicated to decarbonising the country’s emission-heavy industries, including cement and steel.

Type: News

INEOS cross-border CCS storage project completes ‘successful’ pilot phase

INEOS has completed the pilot phase of its European cross-border carbon capture and storage (CCS) project, which has transported CO2 from Belgium to the North Sea.

Type: News

Hinkley Point welcomes UK’s first nuclear reactor in over 30 years

CONSTRUCTION at the Hinkley Point C power plant in Somerset has reached an important milestone with the installation of the UK’s first nuclear reactor in over 30 years.

Type: News

UK assembles myth-busting ‘nudge unit’ to dispel heat pump misinformation

UK MINISTERS are hoping to increase heat pump adoption with the help of a myth-busting “nudge unit” that will dispel common misconceptions about the technology.

Type: News