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Video: How Offshore Oil Rigs Work
How Offshore Oil Rigs Work
Battered by Virus and Oil Slump, Biofuels Fall out of Favour
The production of biofuels for transport in 2020 is expected to decline 11.6 percent on 2019 levels, the first fall in 20 years, according to the International …
Baker Hughes Reports US Rig Rebound
The total number of rotary drilling rigs operating in the United States rebounded this past week, Baker Hughes Co. reported Wednesday.
Genel Begins Production from Sarta Oil Field in Iraq
Iraq-focused independent Genel Energy said production has started at the Sarta oil field in the semi-autonomous Kurdistan region of northern Iraq.
Hydrogen Fuel Stations
Air Products and Nogaholding to Develop Bahrain’s Hydrogen Economy
Air Products and nogaholding, an investment and business development arm of National Oil and Gas Authority, will assess the potential development of a hydrogen …
Mozambique’s Ambitious Northern Gas Plans Head South
Natural gas was supposed to help industrialise the northern provinces, but after a string of project cancellations it will be transported to the more prosperous…
Significant Progress Made on Arctic LNG 2
PAO NOVATEK has announced that a regular working meeting was recently held regarding the status of Arctic LNG 2 project with the respective management of the pr…
The OPEC Producer Looking To Sell A Stake In Its Oil Company
OPEC producer Angola plans to raise much-needed cash via selling a stake in its state oil firm Sonangol by early 2022 as the crash in oil prices—and the pandem…
U.S. Crude Oil Inventories Decrease by 0.8 million Barrels
U.S. commercial crude oil inventories decreased by 0.8 million barrels from the previous week.
Kazakhstan will Produce 86 Million Tons of Oil in 2021
According to media reports on November 20, Kazakhstan’s Minister of National Economy Ruslan Dalenov said on Thursday that the country’s oil production next ye…
GE Makes Deal for Vietnam LNG Project
General Electric Co. and a Vietnamese company signed a memorandum of understanding to develop an LNG power plant near Ho Chi Minh City.
Fitch Affirms Sinopec at ‘A+’; Outlook Stable
Fitch Ratings has affirmed China Petroleum & Chemical Corporation’s Long-Term Foreign- and Local-Currency Issuer Default Ratings at ‘A+’.
Marginal Oilfields Output Dips to 1.52mb
Marginal oil fields in Nigeria produced 1.52 million barrels of crude oil and condensates in August 2020, accounting for 2.97 per cent of Nigeria’s total oil a…
Oil Dynamics GmbH: Recertified for Quality and Environmental Management
The renewed verifications referring to the factory in Hockenheim will be valid for the next three years.
Norway and CO2 emissions
Oil nation Norway plans to help fight climate change by capturing and storing Europe’s carbon emissions.