I

Oil Price

U.S. To Become Net Oil Exporter This Year: EIA

The United States will become a net oil and oil product exporter this year thanks to continued growth in production combined with slacker domestic demand, the E…

Market Analysis

Shell's Oil and Gas Reserve Life Drops for Sixth Year in a Row

The number of years of production left in Royal Dutch Shell's oil and gas reserves fell for the sixth year in a row in 2019 to below eight.

Researchers Seek to Improve Hydropower, Lower Electricity Costs

The U.S. Department of Energy (DOE) has awarded nearly $1 million to a research team led by Missouri University of Science and Technology to study ways to bette…

NIB Provides Loan to Finance Norwegian Hydropower Project

Nordic Investment Bank (NIB) is set to provide an Nkr600m (€59.39m) loan to finance Agder Energi’s Åseral Nord hydropower project along the Mandal watercours…

Hydrogen Project

Belgium Hopes to Lead World with New Hydrogen Project

Surplus wind power could soon light and heat Belgian homes thanks to a planned hydrogen plant on the North Sea coast, set to be the world’s first commercial-sc…

Thermal Plant

Bac Lieu approves $4b LNG-fired thermal power plant

The People’s Committee of Bac Lieu Province on Tuesday granted an investment certificate to Singapore’s Delta Offshore Energy Pte Ltd Co to develop a liquefie…

MHPS Supplying Steam Turbine Power Plant

Mitsubishi Hitachi Power Systems (MHPS) has received an order for a steam turbine power plant for a natural gas and oil-fired power plant in Cartagena, a major …

Green Hydrogen Costs Projected to Decrease by up to 60% by 2030

A new report from Hydrogen Council predicts that the cost of renewable hydrogen production will fall drastically by up to 60% over the coming decade due to the …

Wind Power Project

2,319 MW More of Wind Power in Spain

Red Eléctrica de España, operator and transporter of the Spanish electricity system, released on January 23 the data of new installed renewable power 2019 wit…

Energy Storage Battery

Queensland Backs New Mega-Battery to Help Power Grid

Queensland will get its biggest battery system to help back up its rapid growth in solar and wind power thanks to a 15-year deal involving retailing giant AGL E…

Oil&Gas Drilling

Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean

Exxon Mobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks afte…

Oil & Gas Trade

Libya’s Oil Chief Denounces Port Blockades As Crude Output Plummets

Blockades of Libya’s export terminals risk cutting off virtually all of the OPEC member’s 1.2 million barrels per day in crude oil exports, warned the chairma…

Oil and Gas Technology

Portuguese Tech Institute to Produce Advanced Biofuels From Tree-Pruning-waste

A project to use the waste from pruning vines and fruit trees to produce advanced biofuel is being developed at the BLC3 Campus of Technology and Innovation in …

Coal Mine

Coal India Output in January Rises 10.7%

Coal India on Tuesday said it has registered a double-digit production growth of 10.7 percent in January. The company as a whole has been averaging close to 2 M…

Solar Power Plant

Oil Giant Total Links with Finance Group for Wind and Solar

Total sold a half share in a French onshore wind and solar portfolio to finance group Banque des Territoires, in a deal the oil and gas major said creates a bas…