The Minister of Oil, Ihsan Abdul-Jabbar Ismail, stressed on Tuesday the importance of expediting plans for gas investment associated with oil operations in Al-Rumaila oil field. Ismail said in a statement received by Shafaq News agency, “the maintenance of production in Al-Rumaila oil field and the available investment opportunities in …

“Solar Mapper” aims to accelerate the deployment of solar panels for individuals, providing “an accurate and rapid estimate of the solar energy potential of their homes”. The tool will be rolled out for Europe and then worldwide. It will use artificial intelligence algorithms to provide better results than current tools, …

With the coronavirus pandemic fuelling the demand for plastics, from face shields to packaging used for online shopping deliveries, oil industry players are taking advantage and starting a price war between new plastics that they manufacture against recycled plastics. Across the world, statistics are also showing that recyclers are losing …

Refiners face an existential crisis as the growing divergence between refining capacity and demand for refined products will intensify sharply in the next two decades, the International Energy Agency said Oct. 13. More than 6 million b/d of new capacity will come online from now to 2025, but demand will …

German Foreign Minister Heiko Maas urged Turkey to refrain from “provocation” in the Eastern Mediterranean, while signalling support for Cyprus and Greece in gas drilling dispute. “Ankara must end the interplay between detente and provocation if the government is interested in talks – as it has repeatedly affirmed,” Maas said …

Solar output is expected to lead a surge in renewable power supply in the next decade, the International Energy Agency said, with renewables seen accounting for 80% of growth in global electricity generation under current conditions. In its annual World Energy Outlook on Tuesday, the IEA said in its central …

The world’s most authoritative body of energy analysts, the International Energy Agency, has found in its annual flagship report that the world is headed toward global warming higher than the Paris Agreement’s most aggressive limit of 1.5°C. The agency, long known for its expertise in fossil fuels, lays out a …

The Organisation of Petroleum Exporting Countries (OPEC) has projected that despite the growing need for renewables as a source of energy, crude oil and its associated products will remain the largest contributor to the energy mix in the next 25 years. In its annual World Oil Outlook (WOO) 2020, released …

CEO of Parsian Gas Refining Company Farshid Abdali Dehdezi announced a 9% year-on-year increase in the production of gas and gas condensates in the first six months of the current Iranian year (March 21, 2020-September 21, 2020) Abdali Dehdezi pointed out that his company supplied 10.34 billion cubic meters of …

Russian gas giant Gazprom expects excess supplies in Europe’s natural gas market to continue in 2021, the head of the company’s exporting arm said on Monday, blaming exports of liquefied natural gas (LNG) from the United States. Gazprom has seen its share of the European gas market, where it makes …