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Market Analysis

Opec's President Calls for an Earlier Meeting of Producers

The proposal would allow members to factor any policy changes to Opec+ cuts ahead of their monthly export allocations

Oil Price

Oil Price Crash to Fuel Japan and South Korea's Coal-to-Gas Switch

LNG volumes sold on an oil-indexed basis could become cheaper.

Oil & Gas Trade

Two Iranian Tankers Sail Back After Delivering Fuel to Venezuela

Two Iranian tankers that delivered fuel to Venezuela as part of a five-vessel flotilla have begun to sail back, according to Refinitiv Eikon, as the government …

Energy Storage Technology

Ultracapacitor, Responding Mementary Blackouts for UPS

VINATech’s Ultracapacitors have been used in the applications of Energy, Automotive, and Industrial. VINATech’s technologies for the energy and industrial.

Clean emission

EI Sets Initial Science-Based Targets to Reduce GHG Emissions

The UK chartered professional membership body Energy Institute has set initial science-based targets to reach net-zero greenhouse gas emissions.

Oil Shale

Oil Explorers Revert to Pre-Shale Drilling Level Across U.S.

Oil explorers are drilling at the slowest pace in more than a decade as the pandemic-driven collapse in energy demand wipes out cash flow, jobs and even entire …

Solar Power Plant

Solar Plant Starts Feeding Power to Oil Companies in Oman

Petroleum Development Oman, in which Royal Dutch Shell Plc and Total SA hold minority stakes, has begun receiving power from the Gulf Arab country’s largest ph…

Solar Power Plant

Europe Needs a Solar Boom Now or Regret Missing Out

Europeans need to urgently increase the solar power that their economies generate or face a reckoning with climate change they could regret.

US Ethanol Output Continues to Rise, Stocks Fall Again

US ethanol production averaged 724,000 b/d for the week ended May 22, an increase of 61,000 b/d, and the fourth consecutive weekly rise, data from the US Energy…

Biobattery

Minute Molecular Movements Might Lead to More Efficient Biofuel Cells

Leiden researchers have found minute movements in the laccase enzyme. This discovery could lead to the development of much more efficient biofuel cells.

Oil & Gas Trade

Oil Surges 5% Falling Crude Output

Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains.

NWMO to Begin Field Studies at Canadian Repository Site

The Canadian Radioactive Waste Management Organisation (NWMO) will focus its activities in South Bruce, Ontario on safety and protecting the environment, the or…

Nuclear Technology

Assembly of ITER Fusion Machine Gets Under Way

The 1250-tonne steel base of the cryostat - which will insulate the magnetic system at cryogenic temperature from the outside environment - has been installed a…

Oil&Gas Drilling

UAE's ADNOC to Cut July Crude Nominations by 5% After OPEC+ Pact

State-run Abu Dhabi National Oil Company (ADNOC) has informed customers of a cut in its crude oil nominations for July in line with a decision by OPEC+ last mon…

Oil & Gas Trade

CNOOC Waives Pre-Emption Rights on Delayed Ugandan Oil Project

Chinese state oil giannt CNOOC has waived its right to pre-empt the sale of a major oil field farm-out deal in Uganda to France's Total, project partner Tullow …