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TAP wins Gas Project of the Year at Gastech Awards 2021

Trans Adriatic Pipeline (TAP), which transports natural gas from Azerbaijan to Europe, has been named the winner in the “Gas, LNG, or Hydrogen Project of…

US gas prices hit 7-year high

US natural gas prices reached $5.05 per million British thermal units (mmBtu), a record high since 2014, Report informs, citing the Wall Street Journal. As the newspaper…

Gas prices in Europe grow 4%

Gas prices on the European futures market after its opening increased by 4 percent, reaching $797 per 1,000 cubic meters, according to trading data on…

Los Angeles County Bans Oil And Gas Drilling

In a unanimous vote, Los Angeles County backed a ban on oil and gas drilling, which means some 1,600 active and inactive wells would be…

Libya Oil Exports Return To Normal Following Major Protests

Crude export operations have returned to normal at two major Libyan oil ports after days of protests and sit-ins that had disrupted loadings, the National…

Aker Solutions Wins Large ConocoPhillips Deal

Aker Solutions has announced that it has been awarded a “large” topside modification contract by ConocoPhillips Skandinavia AS for Tommeliten Alpha, offshore Norway. The workscope…

OPEC keeps forecast for growth in global oil demand in 2021

Global oil demand in 2021 will grow by 6 million barrels per day (bpd), Report informs, referring to the OPEC September report. The estimate hasn’t changed compared to the…

The IGB pipeline successfully crossed Studen Kladenets dam

A great engineering feat, IGB’s second horizontal directional drilling is now in the top five longest gas pipeline installations of this diameter executed to date…

BP eyes producing green hydrogen at site of closed refinery in Australia

BP is looking at producing green hydrogen at the site of a recently closed oil refinery in Western Australia, Report informs, referring to foreign media. BP plans…

California fuel prices hit historic highs

Drivers in California pay more before the upcoming Labor Day (Sept. 6) for gasoline than they ever have in the past for this time of…

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