Pakistan’s Foreign Minister Shah Mahmood Qureshi reiterated on Thursday his country’s commitment to cooperation with Turkmenistan, including on the construction of a major regional pipeline and enhancing security in Afghanistan. “Pleased to call on President [of Turkmenistan] #GurbangulyBerdimukhammedov today in Ashgabat. I reiterated Pakistan’s commitment to enhance our economic connect …

The Libyan National Oil Corporation (NOC), headed Mustafa Sanallah, discussed in a meeting in Milan with Italian oil firm, Eni, plans to upgrade (A and H) offshore gas fields: two strategic fields that follow agreements of exploration projects and sharing production and operation, which includes Mellitah Oil and Gas Company. …

The Nord Stream 2 gas pipeline is not exempt from European Union competition rules, a German court has ruled. The operating company of the Baltic Sea pipeline failed in its bid to be excluded from certain EU regulations and must now unbundle its business. The regional court decision is a …

Hamburg’s Senator for Economic Affairs sees great potential for the creation of a hydrogen corridor from Hamburg via Copenhagen to Oslo. Branding the region as a green hub and jointly promoting green initiatives and investments would unlock numerous opportunities, according to Senator Michael Westhagemann. “We want to intensify the exchange. …

The operator of the wrecked Japanese Fukushima nuclear power plant has said it plans to build an undersea tunnel so that massive amounts of treated but still radioactive water can be released into the ocean. The discharge would be about one kilometre away from the plant to avoid interference with …

The international oil benchmark, Brent crude, against which Nigeria’s crude oil is priced sustained its recovery as price rose by 3.5 percent, or $2.44, to $71.11 per barrel on Tuesday, after days of weak sales. While the United States West Texas Intermediate (WTI) also rose by $2.08 or 3.17 percent …

The Biden administration said on Tuesday it would take steps to restart the federal oil and gas leasing program in the next week and plans to hold a Gulf of Mexico auction as soon as October, court papers showed. The move comes two months after the U.S Interior Department first …

China’s Daqing Oilfield, a subsidiary of the China National Petroleum Corporation, announced Wednesday the discovery of a major shale oil field with predicted geological reserves of about 1.27 billion tonnes.

Approvals for major new coal power plants by China’s local authorities show the tension in the nation’s efforts to meet climate goals, even as the overall total of projects given the go-ahead falls, according to campaigners. Local authorities approved 24 plants with a combined capacity of 5.2 GW, a 79% …

Asia remains a leading energy demand centre and will increasingly drive global energy trends. Energy demand in Southeast Asia has grown by 80% since 2000, at a rate far exceeding the global average. This rapid expansion has maintained pace during the pandemic and is poised to accelerate in 2021, according …