Libya’s oil output has risen to 295,000 barrels following a truce in the OPEC nation’s civil war and the lifting of a blockade on energy facilities. Fields that feed the newly restarted eastern ports of Hariga, Brega and Zueitina are ramping up production, according to a person with knowledge of …
Read More »Iran Exports $2.47 Billion Goods from Bushehr Province in Past Six Months
More than 11 million tons of non-oil goods worth over $2.47 billion were exported from Bushehr Province in southern Iran during the past six months of the current Iranian year (starting from March 20), Bushehr Province Department of Industry, Mine and Trade said on Sunday. Hossein Hosseini said that China, …
Read More »China Can’t Quit Its Coal Addiction
At the moment, the energy news out of China is a deluge of reports and think pieces about the government’s recently unveiled an extremely ambitious plan to become carbon neutral by 2060 – very big news from the nation that is responsible for a quarter of the world’s total greenhouse …
Read More »Oil Exploration up in the Air as Prices Dive
The coronavirus pandemic that has slammed oil demand and prices is forcing energy majors to tighten their belts on exploration, even if finding new deposits remains essential to their existence. While the sector is increasingly diversifying into greener energies such as wind power, its core business remains oil and gas. …
Read More »Iran’s Fajr Jam Refinery Ups Gas Output by 7 Percent in 6 Months
CEO of Fajr Jam Gas Refining Company Abdolsamad Najafi announced a seven percent rise in gas production of the facility in the first half of the current Iranian year (March 20, 2020-September 21, 2020). “Refining and production of natural gas as the main product of this company has increased by …
Read More »Turkey to Deploy Third Drillship in Search for Hydrocarbons
Turkey is preparing to deploy a third drill ship as part of its search for hydrocarbons, Energy Minister Fatih Dönmez said in a tweet on Thursday. “The Kanuni period begins in our seas. Kanuni will sail from Taşucu Port on Oct. 10” the Dönmez said, referring to the Kanuni drillship …
Read More »Total Sketches First Stages of Plan to Become Low-Carbon Power Producer
The French oil major plans to boost annual investments in renewables and electricity by $1bn, although gas will remain a key source of revenue Fossil fuel giant Total this week became the latest oil major to announce a major pivot towards clean energy, outlining plans to hike investments in renewable …
Read More »Iran Ready to Connect Power Grid to Europe
Iranian Energy Minister Reza Ardakanian expressed his country’s preparedness to supply electricity to Europe. Ardakanian said that, enjoying enormous energy resources and having skilled manpower and facilities in the field, Iran can pave the ground for expansion of energy corridors, especially electricity transmission corridor. “In order to help promote communications …
Read More »Amazon, Google, Microsoft and the Climate Cloud
Despite all they’re doing to address climate change with both emissions reduction plans, circular economy innovation and consumer awareness, Amazon, Google and Microsoft have been criticised for their close ties to the oil and gas sector. All of them are using their artificial intelligence prowess and analytics power to help …
Read More »Europe Announces First-Ever Renewable Energy Institute
The European Energy Centre (EEC-ECT) has been awarded Institute status by the UK Government following the distinguished work in providing accredited Renewable Energy training and research carried out in the UK and internationally. The prestigious Institute status is only awarded to well-established organisations and bodies who deliver education of the …
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