Norway plans to nationalise most of its gas pipeline network when many existing concessions expire in 2028, the oil and energy ministry said on Friday, to tighten control over key infrastructure.
Refining giant Sinopec Corp sees China's diesel and gasoline demand growing more in the second quarter than in the first three months of 2023, a trend set to bolster the firm's profitability further this year.
Italian energy company Eni SpA is considering building a second floating platform to tap the vast gas reserves in Mozambique's Rovuma Basin, an executive said on Thursday.
Energy Dome, an Italian startup focusing on CO2 energy storage solutions, said on Friday it had raised 40 million euros ($44 million) from investors to fund expansion in the U.S.
Freed from the most onerous of their COVID restrictions, China's tourists are set to boost the country's gasoline and jet fuel consumption next month as travellers for the May Day holiday take to the skies and hit the road.