Oman has commenced the construction of Vulcan Green Steel (VGS) plant, the county’s first green-hydrogen-ready steel project, in the Duqm Special Economic Zone, powered entirely by green and renewable energy.
Canadian oil sands producers have stated that they will make a final investment decision (FID) on carbon capture and storage project in Mid-2025, said the president of the Pathways Alliance on Monday.
bp has announced its entry into Japan's power market after receiving approval from the industry ministry to operate as a retail electricity provider.
Brazilian energy company Eneva has proposed a non-binding merger with local fuel distributor Vibra Energia, according to a securities filing.
China has recently announced an increase in fuel oil import quotas by 3 million metric tons for non-state firms in 2023, according to a notice released by the country's Ministry of Commerce.
Indian Oil Corp. (IOC), the country's top refiner, plans to double the capacity of its liquefied natural gas (LNG) import terminal at Ennore in southern India.
Brazil's state-run oil company Petrobras has revealed its strategic plan for the years 2024–2028, with a strong emphasis on revitalizing the company and transitioning towards renewable energy sources.
In line with the UAE's National Hydrogen Strategy, ADNOC has announced the opening of "H2GO," the region's first high-speed green hydrogen pilot refueling station. Located in Masdar City and operated by ADNOC Distribution, the station will test a fleet of zero-emission hydrogen-powered vehicles.
Gazprom, Russia's state-owned natural gas company, has set a record for gas deliveries to China as demand continues to rise.
Venezuela is currently producing around 850,000 barrels per day (bbl/d) of oil and hopes to reach 1 million bpd in the near future, marking a significant increase from the 786,000 bbl/d output in October.
