Oil

Procurement of Transformer Oil

Tenders are invited for For Procurement of Transformer Oil

Oil Price

Oil Rises on View that Demand may Rebound Beyond Pre-Virus Level

Oil rose as the head of the International Energy Agency forecast demand will likely grow past its level before the global pandemic.

Crude Oil

Surprise Boost for Nigeria's Economy Comes with Higher Oil Flows

Nigerian economic growth beat estimates in the first quarter as oil production rose to the highest in at least four years.

Oil Price

Negative Pricing Seen Spreading from Oil to Gas

Almost a month after US crude oil prices collapsed into negative territory for the first time, European gas markets are facing the prospect of also slipping int…

Oil & Gas Trade

Which Oil Major Is Best Prepared For The Future?

European oil supermajors are slashing costs but sparing their renewable energy business. U.S. giants are cutting across the board and focusing on their core bus…

Oil&Gas Drilling

Basra Begins Drilling the First Well in Majnoon Field

Drilling the first new production well in Majnoon oil field has started with national efforts after the withdrawal of Shell(Dutch-British oil and gas company), …

Oil & Gas Trade

US and Iran on Collision Course Over Oil Shipments to Venezuela

The first of five Iranian oil tankers headed to Venezuela has arrived, amid tension over the possibility the United States could attempt to halt the deliveries.

CCS

Developing Zero-Carbon Energy Carriers is a $500bn Opportunity

Big Oil is already setting its eyes on capturing the market for high-voltage transmission lines that could change the way clean energy is accessed.

Wind Turbine

Floating Wind's Power, the World's Biggest turbine and the battery on a Li-ion hunt

Could floating wind be the renewable energy frontier where the worlds of power and oil & gas combine to spectacular effect?

Google says it Won’t Build AI Tools for Oil and Gas Drillers

Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals M…

Crude Oil

Metals Can Leap Over the Oil Slick

After 2008, metals and oil rebounded together from the depths of the financial crisis, as China’s consumption of raw materials took off. This time, their recov…

Oil Price

Petronas Expects a Challenging Year as Q1 Profit Falls about 70 Pct

May 22, declined 4.66 per cent to US$34.38 per barrel.

Energy Storage Battery

Global Battery Storage Market Set for 23.3 GW Growth in 2025

May 21 - The global battery energy storage market is gearing for a strong rebound in 2021 after the COVID-19 turmoil, with annual capacity additions expected to…

Renewable Energy

ONGC, NTPC Sign Pact to Form JV for Renewable Energy

State run oil explorer ONGC and power generator NTPC have signed a pact to form a joint venture company for renewable energy.

Solar Power Plant

Amazon Clicks Buy on 615 Megawatts of Large-Scale Solar

Amazon will add 615 megawatts of solar projects to its existing and announced renewables portfolio of more than 2.9 gigawatts, the technology and shipping giant…