Oil

Oil&Gas Drilling
China Drills Deep in Disputed South China Sea
It was unclear exactly where the drilling took place in the South China Sea, around 90 per cent of which is claimed by Beijing as its territorial waters
Oil & Gas Trade
Energy Partnership Bolsters China–Russia Relations
Russia’s Novatek and China’s Shenergy signed a new gas deal in February 2021, highlighting the primacy of energy ties in China–Russia relations.
Shell to Make First Oil Output Profit Since Pandemic
Royal Dutch Shell Plc said it expects to make the first profit from pumping oil since the start of the pandemic.
Oil Exploration
Eni Announces a New Light Oil Discovery in Block 15/06, Offshore Angola, Through “ILX” Exploration Strategy
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore.
Battling Bovine Belching: Measuring Methane Eemissions from Cows
Taken from the April 2021 issue of Physics World.Cutting methane production from livestock is considered vital to climate change mitigation, with lots of resear…
Energy-Eficient Building
Energy Efficiency Helps Turkey Save $158 million in 2020
Turkey’s investments in energy efficiency in 2020 totaled $635 million which helped to save 451,000 tons of oil equivalent valued at $158 million
Geothermal Power Plant
Australian Firm’s Mission to Repurpose North Sea Platforms for Geothermal Energy
An Australian company says its “unique” technology could lead to oil and gas rigs in the UK North Sea being repurposed as key infrastructure for geothermal en…
Crude Oil
UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub
The first of these developments - announced by UAE Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister o…
Crude Oil
OPEC Is Betting Big On Robust Oil Demand Recovery
Last week’s surprise decision from OPEC+ to ease the production cuts by a cumulative 2 million barrels per day by July relies on expectations of robust oil dem…
Oil & Gas Trade
Oman Oil Exports Stage Strong Rebound in March
Oman's oil exports rebounded from a 19-month low in February to average 776,000 b/d in March, according to energy ministry data.
Solar Technology
Saudi Arabia Aims for 50% Renewable Energy by 2030, Backs Huge Tree Planting Initiative
The target will require huge investments in solar technologies, experts warn, as less than 1% of the oil producing nation’s energy comes from renewables
Gas Turbine
Siemens Energy Signs Long-Term Service Contract with Aramco
Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oil fields.
Oil & Gas Supply
OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …
Oil & Gas Supply
U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy
The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w…
Crude Oil
OPEC Meeting: Saudis Look To Unwind Unilateral Output Cuts
Oil prices gave up earlier gains and turned lower as of 11:39 a.m.

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Oil

China Drills Deep in Disputed South China Sea

Energy Partnership Bolsters China–Russia Relations

Shell to Make First Oil Output Profit Since Pandemic

Eni Announces a New Light Oil Discovery in Block 15/06, Offshore Angola, Through “ILX” Exploration Strategy

Battling Bovine Belching: Measuring Methane Eemissions from Cows

Energy Efficiency Helps Turkey Save $158 million in 2020

Australian Firm’s Mission to Repurpose North Sea Platforms for Geothermal Energy

UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub

OPEC Is Betting Big On Robust Oil Demand Recovery

Oman Oil Exports Stage Strong Rebound in March

Saudi Arabia Aims for 50% Renewable Energy by 2030, Backs Huge Tree Planting Initiative

Siemens Energy Signs Long-Term Service Contract with Aramco

OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision

U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy

OPEC Meeting: Saudis Look To Unwind Unilateral Output Cuts