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Iran Strongly Deplores US New Sanctions
The Iranian foreign ministry on Saturday strongly condemned the US administration decision to end sanctions waivers covering important Iran nuclear deal project…
Market Analysis
Siemens Deal to Enable Nigerians Receive 11,000MW of Electricity by 2023
Lai Mohammed, minister of information, says Nigerians will enjoy 11,000 megawatts (MW) of electricity by 2023.
Solar Power Plant
Solar Plant Starts Feeding Power to Oil Companies in Oman
Petroleum Development Oman, in which Royal Dutch Shell Plc and Total SA hold minority stakes, has begun receiving power from the Gulf Arab country’s largest ph…
US Ethanol Output Continues to Rise, Stocks Fall Again
US ethanol production averaged 724,000 b/d for the week ended May 22, an increase of 61,000 b/d, and the fourth consecutive weekly rise, data from the US Energy…
Oil & Gas Trade
Oil Surges 5% Falling Crude Output
Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains.
Oil&Gas Drilling
U.S. Rig Count Plunges Again
The number of operating U.S. oil and gas rigs plunged again this week in its twelfth week of losses, according to Baker Hughes.
NWMO to Begin Field Studies at Canadian Repository Site
The Canadian Radioactive Waste Management Organisation (NWMO) will focus its activities in South Bruce, Ontario on safety and protecting the environment, the or…
Invited for Maintenance of PV inverter
Tenders are invited for Maintenance of PV inverter at R & D center
Energy Storage Project
UK and Mainland Europe Battery Gigafactory Plans Boosted
The European Union's European Investment Bank has affirmed its commitment to supporting a “pan-European battery industry”, while plans of the UK's first full …
New BP America President and Chairman Named
London-based BP PLC, which has its U.S. headquarters in Houston, announced May 28 that David C. Lawler will be the next chairman and president of BP America Inc…
Oil & Gas Trade
CNOOC Waives Pre-Emption Rights on Delayed Ugandan Oil Project
Chinese state oil giannt CNOOC has waived its right to pre-empt the sale of a major oil field farm-out deal in Uganda to France's Total, project partner Tullow …
Crude Oil
China, India Soak Up Oil from Floating Storage as Demand Recovers
The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analyst…
Strategic Union Between French and British Renewable Firms
UK renewable energy specialist Dulas has finalised an agreement with French remote sensing company Leosphere, part of the Vaisala group.
Energy Investment
EIB to Support Development of 66 Solar PV Plants in Poland
The European Investment Bank has agreed to provide a loan to the Poland-based company Energy Solar Projekty for the construction and operation of 66 small-scale…
Oil&Gas Drilling
Saipem and Equinor Sign Major Engineering Services Pact
Norwegian energy firm Equinor has awarded Italian oilfield service company Saipem a two-year frame agreement to provide engineering services globally.
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