Chinese oil giant Sinopec has begun producing green hydrogen at a plant in Xinjiang, using solar power to electrolyse water, the company announced on Friday. The facility is Sinopec’s first green hydrogen plant and has the capacity to produce 20,000 metric tonnes of hydrogen a year, it said in a …

Oil and gas industry leaders are confident in the long-term resilience of oil demand despite challenges from the energy transition. This is the message coming out of the inaugural edition of the Energy Asia conference that took place this week in Malaysia. “Energy transition is going to take a lot …

Solar is growing at 33.7% year-on-year and is now at twice the capacity of coal power in China, according to a new report. Solar and coal in China Today, the China Electricity Council, a state-approved nonprofit national trade association, released its first-quarter report, the “Operational Situation of [the] Electric Power …

According to the Islamic Republic of Iran Customs Administration (IRICA), the country’s non-oil trade in the first three months of the current Persian calendar year (March 21 to June 22) reached $26.5 billion. Some 35.5 million tons of goods, valued at $12.5 billion, with crude oil kerosene, fuel oil and …

Russia’s main crude grade is still selling well below international benchmarks — and a Group of Seven-imposed price cap — but a huge amount of money for delivering it continues to go into the hands of mystery middlemen. The country’s flagship Urals grade averaged about $52 a barrel so far …

Europe’s benchmark natural gas prices continued to rise early on Tuesday as weather forecasts suggest that most of northwest Europe, the biggest consumers of gas, will see a hotter-than-usual start to the summer, at least until the middle of July. The front-month futures at the TTF hub, the benchmark for …

The cooperation between Iran and Qatar in the field of energy can turn the two countries into gas and energy hubs in the region, the Iranian Vice-President said. The government of the Islamic Republic of Iran is pleased with the stability and internal and international progress of the government of …

The amount of oil being stored at sea globally climbed to the highest in more than two-and-a-half years, aided by an unusual stash of Saudi Arabian barrels in the Red Sea. About 129 million barrels of crude were sat stationary on oil tankers in the week to June 23, according …

The Port of Duisburg (Duisport), Europe’s top inland port, has teamed up with French renewable hydrogen producer Lhyfe to look into the feasibility of building the first major electrolysis plant in the port. The planned factory would have a capacity of up to 20 MW and could be built on …

French energy giant TotalEnergies is today set to sign memoranda of understanding with Petronas and its renewable energy company Gentari during chief executive Patrick Pouyanne’s visit to Malaysia. Pouyanne told the Energy Asia 2023 conference in Kuala Lumpur on Monday morning that the agreements scheduled to be inked later today …