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Oil Price
Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price
Oil giant Saudi Aramco reported a 50% fall in net income for the first half of its financial year, reflecting a devastating year for oil markets and the global …
Oil&Gas Drilling
Turkey Resumes Energy Exploration in Eastern Mediterranean
Turkey has resumed energy exploration activities in the eastern Mediterranean Sea.
Portugal
European Energy Giants Partner on H2Sines Green Hydrogen Production Project
EDP, Galp, Martifer, REN, Vestas and several European partners have proposed to evaluate the viability of the H2Sines project.
Coal-Fired Power Plants
U.S. Rapidly Shutting Coal in Favour of Natural Gas
Since 2010, utilities have retired or announced the closure of more than 500 coal-fired power plants in the U.S.
Geothermal Power Plant
Indonesia not to Offer Geothermal Working Areas for the Next Two Years
Reported this morning, the Indonesian Ministry of Energy and Mineral Resources has confirmed that it will not offer geothermal working areas for the next 2 year…
EV Market
Gilbarco Analyzes Electric Vehicle Market In South America
Electric vehicles, with each passing year, spreads on the streets of different countries of the world, and are seen with increasing frequency, with automakers i…
Oil&Gas Drilling
Demand For Offshore Oil Rigs To Return In 2022
Demand for offshore rigs will slump this year as a result of the pandemic and the low oil prices that are forcing offshore operators to delay drilling activitie…
Oil & Gas Trade
U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia
The U.S. sent in June its first crude oil shipment to Saudi Arabia since the ban on crude export was lifted in 2015, which was also the first shipment since one…
Swedish Energy Agency Allocates $3.5M in Latest Marine Energy Call
The Swedish Energy Agency has recently opened a call for the development of cost-effective and sustainable marine energy systems.
LNG
Chevron Can Make Lsrael’s Leviathan a Global Gas Supplier
According to the chief executive officer of Delek Drilling, Chevron’s entry into Israel’s Leviathan natural gas field will help deliver the technical and mark…
LNG
Inpex Hit by $1.3 bln Australian LNG Assets Impairment
Japan’s oil and gas giant Inpex has flagged a 139.7 billion yen ($1.33 billion) impairment loss on its Australian LNG assets.
Oil Field
Petrobras Reaches Record Buzios Output in July
Brazilian oil major Petrobras has broken a monthly oil production record on its Buzios deepwater field offshore Brazil.
Electricity Transmission
New Zealand: Powerco to Trial Wireless Power Transmission Technology
Kiwi start-up Emrod claims to have developed the world’s first long-range, high-power, wireless power transmission technology.
India
Total and Adani Group to Apply for Petrol Pump Licence in India
A newly formed joint venture of French supermajor Total and an Adani group firm will soon apply to the government for permission to open petrol pumps in India.
Crude Oil
Iraq Says Will Make Additional Oil Cuts in August
Iraq said on Thursday it would make an additional cut in its oil production of about 400,000 barrels per day in August.

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Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price

Turkey Resumes Energy Exploration in Eastern Mediterranean

European Energy Giants Partner on H2Sines Green Hydrogen Production Project

U.S. Rapidly Shutting Coal in Favour of Natural Gas

Indonesia not to Offer Geothermal Working Areas for the Next Two Years

Gilbarco Analyzes Electric Vehicle Market In South America

Demand For Offshore Oil Rigs To Return In 2022

U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia

Swedish Energy Agency Allocates $3.5M in Latest Marine Energy Call

Chevron Can Make Lsrael’s Leviathan a Global Gas Supplier

Inpex Hit by $1.3 bln Australian LNG Assets Impairment

Petrobras Reaches Record Buzios Output in July

New Zealand: Powerco to Trial Wireless Power Transmission Technology

Total and Adani Group to Apply for Petrol Pump Licence in India

Iraq Says Will Make Additional Oil Cuts in August