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Crude Oil
Brazil Assures US it will Increase Oil Production
The Brazilian government on Monday (Mar 14) assured the United States it will increase its oil production, a decision that could help ease concerns over global …
Crude Oil
BP may Take $25 Billion Hit from Divestment from Russian Oil Company
BP expects to lose up to $25 billion, more than a fourth of its market capitalization, after divesting from its 19.75% stake in the Rosneft oil company in Russi…
Google Products and Services to Utilise Carbon-Free Energy
Maud Texier from Google Data Centres provides insight into Google’s 100% carbon-free energy initiatives and leveraging T-EACs to encourage renewable energy.
Hydropower Plant
Andritz to Equip Upper Trishuli 1 Project, Nepal
Andritz has announced it is to supply the hydro and electromechanical equipment for the 216MW Upper Trishuli 1 hydropower plant in Nepal.
Crude Oil
Japan to Sell Additional 1.89 Mil Barrels Hout Crude From National Reserves
Japan plans to sell an additional 300,000 kiloliters, or 1.89 million barrels, of Hout crude from its national petroleum reserves via a public tender in April.
Oil Price
WTI Crude Dives Below $100 on China Demand Concern
WTI crude dived more than five percent Tuesday to fall back below $100 a barrel as concerns about a possible slowdown in China's economy lead investors to rethi…
The Perfect Energy Source Is Already Here – Endless Geothermal Is Poised for Release From Deep in the Earth
A virtually limitless supply of energy exists in the form of this supercritical fluid snaking its way through the crust and mantle of the planet, and just 0.01%…
Hydrogen Transport
Now is the Time to Move in Hydrogen
Now is the time to move, Pierre-Etienne Franc, CEO of Hy24, enthused to H2 View’s virtual Hydrogen Summit Europe yesterday (March 15).
Natural Gas
Greece to Launch New Gas Trading Hub on March 21
A new Greek natural gas trading platform will go live on March 21, enhancing interconnectivity and supply security in the region amid volatility on global marke…
Coal Production
New Coal Mine Projects Seen Swelling Global Methane Emissions by a Fifth
Global methane emissions from the extraction of coal could rise by as much as 21.6% if all new mining projects now under development go into operation
Wind Power Project
Vestas Secures First Estonian Wind Project
Vestas has received a 21 MW order from Enefit Green AS’s subsidiary, Enefit Wind Purtse, for the Purtse wind project in Estonia, which represents Vestas’ mark…
Crude Oil
Brent Crude Down Almost 6% but Still Above US$100 a Barrel
Brent crude was off almost 6% but remained above US$100 barrel with a potential cessation to violence in Ukraine helping quell sentiment-driven panic price rise…
Crude Oil
Global Crude Oil Prices Extend Losses Ahead of Fed Meeting
Brent crude futures were last down by $3.05 or 2.7% at $109.62 a barrel at 0351 GMT on Monday.
Oil Exploration
Drilling Firm Challenging Denial of Oil Exploration Efforts in Big Cypress Swamp
Burnett Oil Co. did not have a rendering of its proposed exploratory oil drilling facility it might build in the Everglades should permits be granted. This is a…
Crude Oil
Petroecuador Plans to Double Oil Output in Next Five Years. Target Set at 800,000 Boed
Petroecuador, Ecuador's state-owned oil company, on Friday said it will look to double production to 800,000 barrels of oil equivalent per day (boed) in the nex…
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