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S. Korean Government to Accelerate Blockchain Development
The ministry’s keyword for its blockchain development projects is service popularization. In this regard, the ministry will allocate a budget of 16.1 billion w…
Crude
Guyana celebrates first oil
THE Yannis P, a Marshall Islands-registered crude oil tanker will this weekend lift the first one million barrels of crude from the Stabroek Block offshore Guya…
Oil&Gas Drilling
First Shafag-Asiman Exploration Well Spudded Offshore Azerbaijan
SOCAR and BP announced today that the first exploration well was spudded on the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea on 13 J…
Oil & Gas Trade
Iraq Warns of 'Collapse' if Washington Blocks Oil Cash
BAGHDAD-Iraqi officials fear economic "collapse" if Washington imposes threatened sanctions, including blocking access to a US-based account where Baghdad keeps…
Oil & Gas Trade
Congo Wants to Sell Gertler’s Oil Blocks on Ugandan Border
Congo Kinshasa is forming a plan to take back two oil blocks from sanctioned Israeli billionaire Dan Gertler and sell them to another company.
Coal Mine
CIL's Coal Resources Available Rise 8.3 Billion Tonnes
Coal resources available to Coal India Ltd (CIL) has seen a boost of over 8.3 billion tonnes (bt) following allocation of 16 blocks by the Centre.
Oil&Gas Drilling
Talos Targeting 2023 for First Oil from Zama Offshore Mexico
Talos Energy has detailed results of Netherland Sewell’s (NSAI) contingent resource evaluation of the Zama oil discovery in block 7 offshore Mexico.
Coal Power
Centre Deallocates Coal Block Allotted to Arm of PFC for Power Project
The coal ministry had in 2010 allocated the coal block in Odisha for a 4000 MW power project to be set up by Sakhigopal Integrated Power Company Ltd.
Solar Power Panel
TERI Develops A Platform to Facilitate Solar Trading
The prototype is empowered by blockchain technology that ensures security, transparency and efficiency in the transactions that will take place among the consum…
Blockchain
Global Blockchain in Energy Market to Grow at a CAGR of 54.09%
Over the last decade, the energy sector has transformed drastically, primarily characterized by major technological disruptions.
Oil&Gas Drilling
Russian Oil Company Enters Two Blocks Offshore Egypt
Russian state-controlled oil company Zarubezhneft has entered into a production sharing agreement for two offshore blocks blocks in Egypt.
A Blockchain-based System Used to Automate Russian Electricity Metering
Under the system, information about how much electricity a household consumes is logged on a decentralized ledger, then displayed in an app that consumers can u…
Alpha Petroleum
Alpha Petroleum Resources Limited (Alpha) is a privately owned UK company focussed on the United Kingdom offshore basins. It currently operates all of the 12 Bl…
Coal Production
Coal India's Output May Increase by 125 MT From 16 Blocks Allotted Last Year
The government is keen on Coal India hastening up exploration and operationalising all its blocks soon.
Coal Mine
Government Auctions over 200 Coal Blocks for Commercial Mining in 5 Years
The government will open up the Indian coal sector with a large offering of over 200 blocks for commercial coal mining in the next five years having a potential…

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