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Oil Exploration

Namibia: TotalEnergies Makes Significant Discovery In Offshore Block 2913B

TotalEnergies said Thursday it has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Bas…

CCS

An Overview of Europe's Carbon Capture and Storage Developments

The EU made a target to be climate-neutral by 2050, including goals to cut 2030 net greenhouse gas emissions by a minimum of 55 percent compared to 1990.

Oil & Gas Trade

Sri Lanka Needs US$1,285mn for Three Months of Oil, US$500mn from India: Minister

Sri Lanka needs 1,285 million US dollar for oil imports in the next three months, of which 500 million will come from an Indian credit line, Energy Minister Uda…

Crude Oil

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the…

Electric Car

127 Hydrogen Buses to Arrive in Bologna by 2026

The first 34 vehicles will arrive by December 2024 and the others by June 2026.

Energy Transition

The Energy Transition Is Just Getting Started

2021 saw continued positive momentum for the energy transition, with policy commitments and investments made to accelerate the decarbonization of the global ene…

Oil Price

Oil at $103: No Fears of Supply Disruption to India, Prices a Concern

International oil prices surged to over a seven-year high of USD 103 a barrel on Thursday after Russia attacked Ukraine, but supply lines to India remain unaffe…

Oil Price

Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts

The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…

Energy Storage System

Subsea 7 and FLASC Awarded Grant for Offshore Energy Storage Project

Subsea 7 and technology partner FLASC B.V., have been awarded a grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) for …

Oil Price

Oil Hovering Around $100 may Give a Crude Shock to Inflation, CAD, GDP

Brent crude oil crossed $100 a barrel on Thursday for the first time since 2014 prompted by the Russia-Ukraine conflict.

Nuclear Power Plant

Russian Forces Just Captured Chernobyl. What Are the Radioactive Risks?

The facility suffered a catastrophic meltdown in 1986, but actual nuclear weapons represent a more concerning atomic threat.

Oil Price

Oil Tops $105/bbl After Russia Attacks Ukraine

Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia's attack on Ukraine exacerbated c…

Hydrogen Production

What will the UK’s 1GW Hydrogen Hub Look like?

Vertex Hydrogen, a joint venture between Essar Oil UK and Progressive Energy, last month (January 2022) said it will develop what it believes to be the UK’s la…

Hydropower Plant

Greenland's Huge Meltwater Waterfalls Generate Massive Hydropower

The surface of the Greenland ice sheet is melting, creating a network of ephemeral rivers and waterfalls that scientists say produces more hydropower than the c…

China

China's Major Shale Gas Field Adds 19 New Wells

The Fuling shale gas field in southwest China's Chongqing Municipality has put 19 new wells into operation this year, increasing the daily gas output by 1.06 mi…