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Oil&Gas Drilling
Basra Begins Drilling the First Well in Majnoon Field
Drilling the first new production well in Majnoon oil field has started with national efforts after the withdrawal of Shell(Dutch-British oil and gas company), …
Oil & Gas Trade
US and Iran on Collision Course Over Oil Shipments to Venezuela
The first of five Iranian oil tankers headed to Venezuela has arrived, amid tension over the possibility the United States could attempt to halt the deliveries.
CCS
Developing Zero-Carbon Energy Carriers is a $500bn Opportunity
Big Oil is already setting its eyes on capturing the market for high-voltage transmission lines that could change the way clean energy is accessed.
Wind Turbine
Floating Wind's Power, the World's Biggest turbine and the battery on a Li-ion hunt
Could floating wind be the renewable energy frontier where the worlds of power and oil & gas combine to spectacular effect?
Google says it Won’t Build AI Tools for Oil and Gas Drillers
Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals M…
Crude Oil
Metals Can Leap Over the Oil Slick
After 2008, metals and oil rebounded together from the depths of the financial crisis, as China’s consumption of raw materials took off. This time, their recov…
Oil Price
Petronas Expects a Challenging Year as Q1 Profit Falls about 70 Pct
May 22, declined 4.66 per cent to US$34.38 per barrel.
Energy Storage Battery
Global Battery Storage Market Set for 23.3 GW Growth in 2025
May 21 - The global battery energy storage market is gearing for a strong rebound in 2021 after the COVID-19 turmoil, with annual capacity additions expected to…
Renewable Energy
ONGC, NTPC Sign Pact to Form JV for Renewable Energy
State run oil explorer ONGC and power generator NTPC have signed a pact to form a joint venture company for renewable energy.
Solar Power Plant
Amazon Clicks Buy on 615 Megawatts of Large-Scale Solar
Amazon will add 615 megawatts of solar projects to its existing and announced renewables portfolio of more than 2.9 gigawatts, the technology and shipping giant…
Solar Power Plant
OPEC Producer Algeria Aims To Build $3.6B Solar Power Projects
OPEC member Algeria plans to install up to US$3.6 billion worth of solar photovoltaic projects to produce renewable electricity for export and for meeting incre…
Oil Price
Canada Energy Minister: Oil Price Recovery will be Gradual
In an interview with Energy Intelligence, Sonya Savage, Energy Minister of Canada's hydrocarbon-rich province of Alberta said, the oil price recovery will be gr…
Oil & Gas Trade
Lukoil´s 1Q Hydrocarbon Production Fell
In the 1st quarter of 2020 Lukoil's daily hydrocarbon production (excluding the West Qurna-2 project) totaled 2,328 thousand boe per day, which is 2.1% lower ye…
Shell Evacuates Foreign Staff From Iraq's Basra Gas Project
Shell (RDSa.L) temporarily evacuated foreign staff, numbering around 60, from Iraq’s Basra Gas Company for security reasons and flew them out of the country bu…
CNPC
China's Crude Oil Imports to Rise 2% y/y in 2020
China’s crude oil imports are expected to increase by around 2% in 2020 amid lower prices, while apparent crude oil consumption is seen rising by 1-2%, accordi…
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