The strong increase in oil and gas production helped BP to offset weaker crude prices and refining profit.
Read More »Egypt Signs MoU with US on Oil Sector Cooperation
Egypt aims to become a regional gas hub for the trade of liquefied natural gas after major gas discoveries in recent years.
Read More »Russia Competes with Saudi Arabia for Asia`s Oil Market Share
For Russia. the ongoing OPEC+ production cap deal allows it a lot more flexibility that it allows Saudi Arabia.
Read More »AMP Clean Energy and the University of Birmingham to Develop Ground-Breaking Heat Storage Solution
New heat storage system will store heat in a quarter of the space of conventional systems. Businesses will be provided with cheaper heat for 20 years. Flexible generation plants which transmit the heat will be 90% efficient.
Read More »India`s Oil Imports from Venezuela Hits Record Amount amid US Sanctions
The sanctions had driven away most of the country'.s foreign customers and operators.
Read More »Vietnam Extends Offshore Drilling Campaign despite China`s Protests
China has made clear that it expects Vietnam to cease drilling operations and respect Chinese sovereignty over the South China Sea.
Read More »Iran Warns Brazil over Stranded Ship Barred From Refueling
To resolve the stand-off. Iran is considering sending fuel to the stranded ships.
Read More »Three Contracts Worth £990m Awarded for UK-Denmark Power Link
The Viking Link interconnector will be the longest in the world and enable the sharing of renewable energy between the two countries.
Read More »China Strongly Opposes U.S. Sanctions on Chinese Firm over Iran Oil
China’s foreign ministry strongly opposes U.S. sanctions on a Chinese energy firm for allegedly violating restrictions imposed on Iran’s oil sector.
Read More »China Acts Like a Bully in South China Sea
Vietnam and China have long been locked in a maritime disagreement over the resource-rich waters of the South China Sea.
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