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Oil&Gas Drilling
UAE Announces New Oil And Gas Reserves in Abu Dhabi
The Supreme Petroleum Council (SPC), the highest energy decision-making authority of the United Arab Emirates, announced on Monday major increases in Abu Dhabi …
Greenhouse Gas Emissions
UK Unveils £315m Drive to Decarbonise Heavy Industry
The UK government is on the hunt for the most effective ways to help cut industrial greenhouse gas emissions, as part of a £315m ($407m) investment drive in de…
Greenhouse Gas Emissions
Reasons Behind Decelerating Progress in Energy Efficiency
Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to…
Crude
Brazil doesn't yet Know How Much Oil has been Spilled on the Atlantic Ocean
The oil, which began washing up along Brazil’s coast in August, has hit over 300 beaches in nine states of Northeast, many of them popular tourist spots.
Energy storage technology
A Breakthrough Year for Advancing Non-Battery Storage
This has been a breakthrough year for non-battery storage, with key advances in pumped hydro, power-to-gas, and thermal storage technologies. Many industry play…
Oil And Gas Majors Must Cut Production by 35% to Keep with Paris Agreement
A new report by UK non-profit climate change think tank Carbon Tracker says the world’s listed oil and gas majors must cut combined production by 35% before 20…
Oil&Gas Drilling
UK Government Will Halt Controversial Fracking Because of Earthquake Fears
The announcement comes after a report by the Oil and Gas Authority (OGA) found it is not currently possible to accurately predict the probability or magnitude o…
LNG
Senegal Enters The LNG Race with Significant Offshore Discoveries
At present when it comes to emerging liquefied natural gas (LNG) plays the eyes of the world are on Africa’s eastern coast and the activities around Mozambique…
Rise of GHGs Will Boost Geothermal Drilling Market
The geothermal drilling market size for power generation is expected to post a CAGR of almost 9% during 2019-2023, according to the latest market research repor…
Crude
Russia: US Smuggling Syrian Oil Worth $30 million a Month
Russia has slammed President Donald Trump's plan to deploy troops into Syrian oil fields as “criminal activity,” accusing the US of seeking to smuggle out oil…
Oil Price
Oil Price can Never Get to above $100 per Barrel in Our Lifetime
Speaking as a guest lecturer at the first convocation ceremony of Edo University, Iyamho, Edo State, Emefiele said, “oil price can never get to above $100 per …
Oil&Gas Drilling
Russia’s Oil Output Still Exceeds OPEC+ Cap Even as Gap Narrows
Russia’s average daily oil production remained above its OPEC+ target in October, though the compliance gap is the narrowest since the Druzhba crude-contaminat…
Greenhouse Gas Emissions
EU greenhouse gas emissions fall two per cent in 2018
Latest preliminary estimates show continued fall in emissions across the EU, but spark concern about slow progress on transport and energy.
Oil & Gas Trade
Oil Prices Fall As EIA Reports Large Crude Build
Analysts expected a build of 729,000 barrels for last week after a 1.7-million-barrel draw interrupted a string of five weekly inventory builds, which added mor…
Oil & Gas Trade
South Korea's LNG Imports to Fall on New Nuclear, Coal Plants
South Korea’s imports of liquefied natural gas are set to fall over the next five years after reaching record volumes in 2018, squeezed by the start-up of new …
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