Companies

Algeria will announce shortly a major solar project of 4.000 Megawatts as part of its renewable energy development.

Bandar Abbas Refinery’s mazut production will be reduced to less than 10% of the total while sulfur output will fall to less than 1%.

Baker Hughes have built a new deepwater fracturing tool that it claims can save companies “hundreds of millions of dollars”. The American-based oil service firm announced the new tool. DEEPFRAC. which eliminates certain steps of offshore fracturing operations and induces rapid stimulation of over 20 stages. On a recent job …

Many environmentalists and Democrats counter that Obama-era measures were critical to reducing America'.s contribution to climate change.

Conventional offshore stimulation systems are often limited to only five zones or ‘stages’ and these systems lack configuration flexibility.

Saudi Aramco. the kingdom'.s state-owned oil behemoth. took 100% control of the sprawling Port Arthur refinery in Texas.

BP plans to apply the technology to other fields in Azerbaijan. Angola. and Trinidad and Tobago.

Automaker are feeling pressed by strict emissions reduction rules in Europe and China.

The innovation has enabled BP to enhance the clarity of images that it collects during seismic surveys.

Most of the survey respondents expect Arab Light crude to be cut by 40 cents in June.