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Oil
Oil Price
Oil Prices Fall As Libya Reopens Ports
Libyan strongman General Khalifa Haftar has pledged to reopen the country’s oil ports this weekend, the U.S. embassy in the North African country said in a sta…
Oil&Gas Drilling
Apache Kicks Off Drilling Operations on Fresh Well Off Suriname
Apache Corporation has gathered further reservoir and technical data from its Kwaskwasi-1 discovery well located in Block 58 offshore Suriname and started drill…
Distributed Generation
Flexible Small-Scale Generation Empowered by Once-Through Boiler Technology
Distributed generation integrated with intermittent renewable generation responds to the growing need for highly flexible small-scale power generation resources…
Iran
Iran Launches Phase 1 of Qeshm Oil Export Terminal
Iranian president Hassan Rohani has inaugurated the first phase of a new oil export terminal on Iran's Qeshm island, at the mouth of the Gulf of Oman.
Oil Price
Oil Edges Higher Ahead of Opec+ Meeting with Demand in Focus
Oil edged higher toward US$38 a barrel in New York ahead of an OPEC+ meeting this week that will assess the group’s production cuts as the recovery from virus-…
Oil Pipeline
Uganda and Tanzania Sign $3.5bn Oil Pipeline Deal
Tanzania and Uganda have signed an agreement allowing for the construction of a 1,445 km crude oil pipeline.
Elliott Attempting to Prevent Chevron’s Takeover of Noble Energy
Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon plans to sell itself to oil major Chevron.
Energy Transition
Italian Players Team up to Work on Energy Transition Technologies
Italian oilfield services provider Saipem and energy infrastructure operator Snam have signed a Memorandum of Understanding to work together on new energy trans…
Oil & Gas Trade
Kazakhstan Will Export Natural Gas to China As Planned
Kazakhstan Gas Transportation Company completed the export of natural gas to China in accordance with the contract.
Offshore Wind Power
Oil Major BP Makes First Ever Move In Offshore Wind Energy
BP is making its first move into the offshore wind market with a strategic partnership in U.S. offshore wind assets with Equinor in a deal worth US$1.1 billion.
Oil Price
Russia’s Central Bank Warns That Oil Could Slide To $25
Russia’s central bank has warned that crude oil prices could slump to $25 in its risk scenario for monetary policy over the next three years, TASS reports.
Netherlands
Total and PitPoint.LNG to Build Multi-Fuel Station in the Netherlands
Total Nederland and PitPoint.LNG have started construction of a new multiple-energy truck station at the new A1 business park in Deventer, the Netherlands.
Oil & Gas Trade
Russia's Gazprom Boosts Natural Gas Supplies to China
Russia's supply of natural gas to China via the Power of Siberia rose to 12 million cubic meters per day in July and August.
Fire Aboard Oil Supertanker Off Coast of Sri Lanka is Now Extinguished
A fire on a supertanker abandoned off Sri Lanka's east coast has been extinguished.
Energy Storage System
Gravitational Energy Storage Using Soil Batteries
The technology uses storage cores (large drums filled with compacted soil) that could be shifted between lower and higher points.
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