Oil

PowerGrid Technology

How the DOE Plans to Modernize the Grid in the Near Term

Twenty-three projects chosen by the Department of Energy (DOE) in response to its 2019 Grid Modernization Lab Call provide a broad look at the critical issues t…

Crude

Russia Plans To Boost Crude Oil Exports

Russia expects to increase its crude oil exports by around 400,000 bpd-500,000 bpd to more than 5.6 million bpd within five years, Energy Minister Alexander Nov…

Crude

Russia Sent 17.8% Less Crude Oil to Germany in Jan-Sept

Russia reduced exports of crude oil to Germany in the year to September by 17.8%, still reflecting a halt in the Druzhba pipeline between April and June due to …

Crude

China Oct Refinery Output Rises 9.2% from Year Ago to Second-Highest Ever

China’s crude oil throughput in October rose 9.2% from a year earlier to the second-highest on record, as refineries in the world’s second-biggest oil consume…

Oil&Gas Drilling

Pakistan, China Agree to Work on Four Key Projects for Oi l& gas

Pakistan and China have agreed to include four key projects for oil and gas cooperation including finalisation of feasibility study on South North Gas Pipeline …

Oil & Gas Trade

BNP Paribas Analysis Says Demise of Big Oil Is Coming Within A Decade

According to a new analysis by BNP Paribas, the big oil industry is “now in relentless and irreversible decline,” mostly thanks to the dip in prices for batte…

Oil & Gas Trade

Global Oil Demand to Hit a Plateau Around 2030, IEA Predicts

Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century, the …

DEEP Advances Field Work for First Geothermal Power to Saskatchewan Grid

DEEP Earth Energy Production Corporation commenced work on the second well for its Saskatchewan geothermal power project in early October, CEO Kirsten Marcia to…

Oil and Gas Technology

'Artificial Leaf' Successfully Produces Clean Gas

A widely-used gas that is currently produced from fossil fuels can instead be made by an 'artificial leaf' that uses only sunlight, carbon dioxide and water, an…

Shale Gas

Argentina's Shale Trove Risks Staying Buried, Oil Chiefs Say

Investments had been picking up in Vaca Muerta, a Maryland-sized shale formation in Patagonia that could turn the troubled nation into a global energy provider.…

General Election 2019: SNP Calls for Oil Revenues to be Used to Fight Climate Change

Billions of pounds of tax revenues set to be generated by the UK's oil and gas sector over the next five years should be automatically set aside to tackle clima…

Energy Effficiency - The ABB Way

Sleman Saliba, Global Product Manager, Energy Management, and Stein Trostheim, Global Product Manager for Oil & Gas at ABB Energy Industries, discuss how operat…

Oil & Gas Trade

Oil Demand could Peak in 20 years, Says Saudi Aramco IPO Prospectus

A second scenario in the Saudi Aramco prospectus assumes a faster transition away from fossil fuels that leads to peak oil demand occurring in the late 2020s.

Oil and Gas Equipment

EU's New List of Energy Projects Includes 32 Gas Facilities

The EU says it wants to get out of fossil fuels and become climate neutral as soon as possible. But the European Commission’s latest list of energy projects el…

Oil&Gas Drilling

China's CNPC Launches Deepest Onshore Gas Field

CNPC has fully launched the deepest onshore gas field in the country, Keshen 9, in the south foot of Tianshan in Tarim oilfield, Xinjiang region, reported state…