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Oil & Gas Trade
What is Behind the Eastern Mediterranean Oil and Gas Rush?
Tensions are rising as countries compete for control of oil and gas reserves in the Eastern Mediterranean.
China
PetroChina Posts $4.4 Billion H1 Loss, Pledges Near-Zero Emissions by 2050
PetroChina Co pledged on Thursday to cut emissions to near zero by 2050, as it reported a plunge to a first-half net loss of 29.98 billion yuan on lower oil pri…
Nuclear Fusion
Building The World’s First Nuclear Fusion Reactor
70 years after the first energy was made using nuclear power at an experimental station near Arco, Idaho, nuclear energy remains at the heart of a contentious d…
Oil Field
Brazil's Petrobras Puts Another Small Refinery and 26 Oilfields on the Block
Brazil's Petrobras has initiated the sale process for a group of 26 onshore and shallow water oilfields and a small nearby refinery in the northeastern part of …
Wind Farm
EDF and ESB Kickstart Construction of £1.8bn NnG Offshore Wind Farm
Energy companies EDF Renewables and ESB have started constructing the first phase of the Neart na Gaoithe (NnG) offshore wind farm in the UK.
Russian Federation
Gazprom Neft profit slumps 80% in Q2
Russia's Gazprom Neft, the oil business of state gas company Gazprom, said weak oil prices had driven a near 80% slump in second-quarter net profit to 22 billio…
Oil Pipeline
Egypt Brings Online New Crude Pipeline at al-Hamra port
Egypt has brought online a new crude oil pipeline at the al-Hamra petroleum port on the Mediterranean Sea.
Offshore Wind Power
Asia to Nearly Double Global Offshore Wind Share by 2030
China’s dominance in the market might weaken as more countries ramp up capacity.
Microgrid
BESS System on Hybrid Microgrid Powers Remote Alaskan Community
The small town of Cordova, Alaska, is located 150 miles southeast of Anchorage, near the picturesque head of the Orca Inlet on the Prince William Sound, at the …
Nuclear Power Plant
Nearly a Decade After Tsunami, Clean-up Continues at Japan’s Fukushima Nuclear Plant
Nearly a Decade After Tsunami, Clean-up Continues at Japan’s Fukushima Nuclear Plant.
LNG
Low Gas Prices Could Derail Papua New Guinea’s LNG Ambitions
Papua New Guinea first started producing liquefied natural gas in April 2014 when the flagship $19bn PNG LNG project came on-line months ahead of schedule.
Energy-Eficient Building
Green Homes Grant Boosts Interest in Energy Efficiency by 96%
The government’s Green Homes Grant has nearly doubled Brits’ interest in energy efficiency.
Saudi Arabia
Saudi Aramco Profit Collapses But Oil Giant Retains $75bn Dividend
State oil giant Saudi Aramco saw profit collapse nearly 75 per cent in the second quarter as the coronavirus pandemic decimated oil prices around the world.
Oil&Gas Drilling
Turkey Resumes Energy Exploration in Eastern Mediterranean
Turkey has resumed energy exploration activities in the eastern Mediterranean Sea.
Australia
GE co-Develops Pumped Hydro Storage to Underpin 4GW Wind and Solar Complex
“Nearly half of the more than 8GW of hydropower capacity operating in Australia today is powered by our turbines, generators or both,” said Pascal Radue, chie…
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