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Offshore Wind Power
Croatian Oil & Gas Company Eyeing Offshore Wind in the Adriatic Sea
Croatian oil and gas company INA-INDUSTRIJA NAFTE, d.d. plans to diversify into renewable energy and is specifically considering offshore wind and solar energy …
Oil Field
Chevron Pipeline Project Joins Egypt & Israel
With its aim to develop Israel’s natural gas fields, Chevron Corporation together with other energy companies is planning to make an investment of approximatel…
Oil Price
OPEC Withheld 1.3 Billion Barrels Of Oil To Prop Up Prices
The Organization of Petroleum Exporting Countries withheld some 1.3 billion barrels of oil supply last year to keep prices from falling even further, the secret…
DNV Merges Oil & Gas and Renewables Arms into New Energy Business
Assurance and risk management company DNV GL is to combine its current Oil & Gas and Power & Renewables businesses into one new arm called Energy Systems.
Crude Oil
Oil to Average $54 per barrel in 2021 Amid Tightened Supply, ADCB Says
The promise of stimulus worth $1.9tn for the US economy has also buoyed oil markets
Crude Oil
Make in India Boost, Oil Cess may be Halved
The government may give a 'Make in India' push to oil and gas explorers, as it is considering a proposal to almost halve cess on domestic crude oil to encourage…
Energy Transition
Saudi Arabia Seeks European Partners to Develop Hydrogen
The world's largest oil exporter is looking to add 50% renewables to its energy mix
Crude Oil
Only 36% Of Russia’s Oil Reserves Are Profitable
Only 36 percent of Russia's recoverable crude oil reserves can turn a profit in the current market, Deputy Energy Minister Pavel Sorokin said in an article for …
Oil Field
Video: Tarim Oilfield Supplies over 270 bln Cubic Meters Gas to East China
Tarim Oilfield in Xinjiang, NW China, has supplied over 270 billion cubic meters of natural gas to 15 provinces and regions via the country's West-to-East gas p…
Oil Exploration
Russia’s Gazprom and LUKOIL Mull JV for Developing Fields in Nenets Area
The Vaneyvisskoye and Layavozhskoye fields have the aggregate recoverable reserves of 27.4 million tons of liquid hydrocarbons and 225.3 bcm of natural gas
Oil & Gas Trade
IMF Sees Oil Prices Averaging $50 In 2021
Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019
Oil&Gas Drilling
Biden Readies Ban On New Oil, Gas Drilling On Federal Lands
U.S. President Joe Biden is expected to sign on Wednesday an executive order directing federal government agencies to determine the extent of a ban on new drill…
Oil Price
Covid-19 will Speed up Global Energy Transition and Dampen Oil Prices
All forms of energy needed' to meet 45% rise in energy demand by 2045.
Oil Exploration
Eni Gets New Licence in UK North Sea
Italian oil and gas company Eni has been awarded a new production licence in the UK North Sea, resulting from an application made in the 32nd UK Offshore Licens…
Oil&Gas Drilling
Santos Gearing up for New Well Offshore Australia
Australian oil and gas giant Santos has filed an environmental plan for exploration drilling of the Dancer-1 well, located offshore Australia, to Australian aut…
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