Global demand for hydrogen storage materials and technologies likely reached US$3.4 billion in 2015 and could pass the US$5.4 billion mark in 2021. Strong growth is expected in this market, with annual growth rates projected to be 8.1% between 2016 and 2021, according to a…
The shutdown of almost a quarter of US crude refining capacity in the wake of Hurricane Harvey is presenting a rare opportunity for fuel traders in Asia. A spike in American gasoline prices as the storm cuts off supplies is drawing shipments from as…
Half-a-million barrels of US government oil is being released from the Strategic Petroleum Reserve to a Gulf Coast refinery — the first emergency discharge in five years — after storm Harvey halted foreign crude deliveries to the heart of the nation’s refining industry. The…
World energy markets, from butane in Asia to diesel in Europe and gasoline in Latin America, are feeling the ripple effect of Texas’s deadly storm, highlighting the growing role of the US in the global oil industry. When Hurricane Katrina hit in 2005, the…
Hurricane Harvey has left major devastation in Texas, but there is another hurricane called Irma out in the Atlantic which could take aim at the United States within the next week or so. Irma became a hurricane early on the 31st August and by…
London-listed oil and gas company Premier Oil has extended its membership in the Industry Technology Facilitator (ITF) by three years. The organisation said on the 31st August that Premier Oil had been its member 2011. ITF supports the industry in unlocking oil and gas reserves…
Decommissioning has started of the FPSO serving the recently shut-down Ettrick and Blackbird fields in the UK central North Sea, according to partner Atlantic Petroleum. The Nexen-led group is discussing outstanding and ongoing liabilities with respect to the assets. In the northern UK…
“The Chemical Safety Board is an independent, non-regulatory Federal agency which investigates the root causes of major chemical incidents. Our mission is to drive chemical safety change through independent investigations to protect people and the environment. All of us at the CSB have been…
Hindustan Oil Exploration Company (HOEC) has started production of natural gas and condensate from Dirok field near Digboi in Assam. State-owned Indian Oil Corporation Ltd (IOC), which holds a 29.03% interest in Block AAP-ON-94/1, reported initial production from three wells at 10 MMscfd of…
Energean Oil & Gas SA is working to reach final investment decision before yearend for its Karish and Tanin natural gas fields offshore Israel. Subsidiary Energean Israel expects to start gas production in 2020 from the fields’ combined 531 MMboe 2C resources, which include…
