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Total says abandoning Myanmar gas field would hurt workers, cities
French oil and gas group Total said it would not stop producing gas on its Yadana fields in Myanmar as long as operations remained safe, in part to protect employees there who might otherwise risk repercussions from the military junta.
read more... 05/04/2021
Daily (02.04.2021): Oil prices rebounded after OPEC+ decision to curb output cuts
Oil prices increased on Thursday following OPEC+ agreement to gradually increase output from May. Furthermore, expectations for a rebound in demand this summer also lent support to prices. Hence, Brent crude rose by 2.1% to settle at $64.86. At the same time, U.S. WTI surged by 3.9 % to close at $61.45 a barrel.
read more... 02/04/2021
Siemens Energy signs long-term service deal with Aramco
Siemens Energy has signed its first long-term service agreement with Saudi state oil company Saudi Aramco, covering a range of turbines and generators at four major oil fields.
read more... 02/04/2021
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Uniper converts its site from coal-fired to hydrogen-run
German utility Uniper will transform its Wilhelmshaven 757-megawatt coal-based plant to run on hydrogen.
read more... 02/04/2021
N. Macedonia plans to invest 750 mln euro in Greek LNG terminal, power plant
North Macedonian state-owned companies National Energy Resources (NER) and ESM signed Memoranda of Cooperation (MoC) to invest in a project for the construction of a floating liquefied natural gas (LNG) terminal and a gas-power plant off the coastal city of Alexandroupolis in Greece, the government in Skopje said.
read more... 02/04/2021