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Crude Oil

Venezuela Loads Crude Under Eased Sanctions

Venezuela started loading 250,000 bl of Boscan heavy crude in Bajo Grande, Zulia state, this weekend for export to the US under eased sanctions that allow Chevr…

Net Zero Emission

BP Buys Us Biogas Company in a Push to Reduce Carbon Intensity

UK-headquartered energy giant BP has completed the acquisition of Archaea Energy, a Texas-based renewable natural gas (RNG) company.Archaea Energy operates 50 R…

Oil & Gas Trade

What Will the New Year Bring to the Oil & Gas Industry?

The year, which is now behind us, was marked by a global energy crisis and price volatility, putting the energy trilemma into stark relief. However, 2023 is sti…

Energy Saving Products

Brits Rush To Buy Energy-saving Appliances

UK shoppers have been snapping up energy-efficient appliances in an effort to lower energy bills amid the worsening cost-of-living crisis in the country, media …

Nuclear Power Plant

Back-up Generators From German Plant Headed for Finland

Three of the six emergency diesel generators from the shuttered Krümmel nuclear power plant in the northern German state of Schleswig-Holstein are being tr…

Wind Energy Technology

Vattenfall Achieves Safer and Climate Smarter Seabed Inspection With Uncrewed Vessels

Vattenfall has conducted the first large-scale seabed survey with uncrewed surface vessels. The results were very positive, both from a climate and a safety asp…

Oil Price

Oil Prices Drop as China’s Surging COVID-19 Cases Raise Demand Concerns

Countries are imposing travel restrictions on the world's largest crude importerPump jacks in Argentina. The outlook remains highly uncertain for oil market…

Hydrogen Fuel Stations

Porsche’s Efuels Pilot Plant in Chile Starts Production

Image: HIFThe Haru Oni efuels pilot plant at Punta Arenas in southern Chile has been officially opened and production started.The plant, which is powered by its…

Hydrogen Production

Green Hydrogen to Be Used in Fertiliser Industry: Nitin Gadkari

Gadkari said India has the potential to become a global manufacturing hub and exporter of green hydrogen.Union minister of road transport & highways Nitin Gadka…

Hydropower Plant

Borealis Signs Power Purchase Agreement With Verbund to Supply Austrian Operations With Hydropower

Borealis and VERBUND have signed a ten-year power purchase agreement to supply a yearly 220 GWh of hydropower – reportedly comparable to the amount of ene…

Wave Energy

CorPower Ocean Partners With Subsea Composite Specialist Diab

CorPower Ocean has partnered with subsea composite specialist Diab for the construction of its first commercial scale Wave Energy Converter (WEC).The ocean ener…

Solar Technology

Researchers Develop a New Perovskite Solar Cell Technology

Researchers from the National Renewable Energy Laboratory (NREL) reported in the journal Science that a novel method for producing perovskite solar cells solved…

Oil&Gas Drilling

Allseas to Deliver ‘One of the Heaviest Offshore Installation Projects in History’

Allseas has won a contract with Aker BP for the delivery of offshore transport and installation (T&I) services for a new processing platform topsides facility w…

Oil&Gas Drilling

IOG Sketches Well Plan for North Sea Gas Project

UK-headquartered IOG plc is planning to drill the second Blythe production well directly after the Southwark A1 well in the first half of 2023 as part of the Sa…

Oil&Gas Drilling

Chinese Company Awarded Exploration Rights to Five Hydrocarbon Blocks in Mozambique

Sixth block awarded to Italy’s ENI; first period of exploration expected to allow investments of around US$370 million, and opening of four wells in deep …