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Crude
Who benefits from Syria's oil?
President Donald Trump says he expects the United States to benefit by millions of dollars per month from Syria's oil revenues while US troops remain in the cou…
Gas turbine engine
ExxonMobil And GE Launched the Mobil SHC 918 EE Gas Turbine Oil
ExxonMobil and GE announced the launch of Mobil SHC 918 EE gas turbine oil, a new technology that can improve turbine bearing efficiency by up to 15% compared t…
Oil&Gas Drilling
Is Big Oil Wasting Its Time in The US Shale Patch?
Growth in the U.S. shale industry is dramatically slowing down, with cash-strapped drillers slashing spending and scrapping rigs. At the same time, the oil majo…
Oil & Gas Trade
U.S. to no Longer Waive Sanctions on Iranian Nuclear Site
The United States said on Monday it will no longer waive sanctions related to Iran’s Fordow nuclear plant after Tehran resumed uranium enrichment at the underg…
Oil & Gas Trade
Poland Will Not Extend 9bcm Gas Supply Deal with Russia
Polish gas firm PGNiG said on Friday it will terminate its long-term gas supply deal with Russia when it expires at the end of 2022 and will rely on LNG and Nor…
Oil&Gas Drilling
Ghanaian Firm Springfield Makes Historic Oil Discovery of 1.2bn Barrels in Deepwater
The company last month commenced its drilling activity in the West Cape Three Points Block 2 and a little over a month later made a discovery that was set to be…
Market Analysis
IEA : The Share of Natural Gas in the African Energy mix Will Increase from 5% to 25% by 2040
According to the energy outlook of the International Energy Agency (IEA), the share of natural gas in the energy mix of the African continent will increase from…
PowerGrid Technology
How the DOE Plans to Modernize the Grid in the Near Term
Twenty-three projects chosen by the Department of Energy (DOE) in response to its 2019 Grid Modernization Lab Call provide a broad look at the critical issues t…
Crude
Russia Plans To Boost Crude Oil Exports
Russia expects to increase its crude oil exports by around 400,000 bpd-500,000 bpd to more than 5.6 million bpd within five years, Energy Minister Alexander Nov…
Crude
Russia Sent 17.8% Less Crude Oil to Germany in Jan-Sept
Russia reduced exports of crude oil to Germany in the year to September by 17.8%, still reflecting a halt in the Druzhba pipeline between April and June due to …
Crude
China Oct Refinery Output Rises 9.2% from Year Ago to Second-Highest Ever
China’s crude oil throughput in October rose 9.2% from a year earlier to the second-highest on record, as refineries in the world’s second-biggest oil consume…
Oil&Gas Drilling
Pakistan, China Agree to Work on Four Key Projects for Oi l& gas
Pakistan and China have agreed to include four key projects for oil and gas cooperation including finalisation of feasibility study on South North Gas Pipeline …
Oil & Gas Trade
BNP Paribas Analysis Says Demise of Big Oil Is Coming Within A Decade
According to a new analysis by BNP Paribas, the big oil industry is “now in relentless and irreversible decline,” mostly thanks to the dip in prices for batte…
Oil & Gas Trade
Global Oil Demand to Hit a Plateau Around 2030, IEA Predicts
Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century, the …
DEEP Advances Field Work for First Geothermal Power to Saskatchewan Grid
DEEP Earth Energy Production Corporation commenced work on the second well for its Saskatchewan geothermal power project in early October, CEO Kirsten Marcia to…
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