Iranian researchers at Amirkabir University of Technology produced gasoline and petrochemical products with natural gas through a clever and low-cost method. “The use of oil in production of catalysts is highly expensive, and in this project we used natural gas and converted the gas into light olefins by MTO method,” …
Read More »Digitalization, the Only Survivor of Oil Companies
Going digital has been on the agenda of oil companies for quite some time. They have, however, been taking their time, testing the digital waters before diving in. That was then. Now, oil companies are in a rush to digitize. Energy companies’ investment agendas were just one more thing that …
Read More »NIOC Inks Major Oil Research Deals with Local Universities
The National Iranian Oil Company (NIOC) has signed 13 major oil and gas extraction research contracts with Iranian universities and research centers. The documents, worth €35 million plus 7.16 trillion rials, were signed on Monday in a ceremony held in Tehran in the presence of Iranian Oil Minister Bijan Zanganeh. …
Read More »BP and Microsoft form Digitalization Partnership
BP and Microsoft Corp. have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net zero carbon goals of both companies. This includes a co-innovation effort focused on digital solutions, the continued use of Microsoft Azure as a cloud-based solution for BP infrastructure …
Read More »Rosneft Awarded for Developing Unique Biological Product
Rosneft has been awarded by the Rospatent in the category “100 Best Inventions of Russia for 2019 and the H1 2020” for the development of a unique biological product for cleaning the northern seas of oil pollution. The project for the development of the innovative product is being implemented by …
Read More »U.S. to Spend $625 Million in Five Quantum Information Research Hubs
The U.S. Department of Energy on Wednesday said it will provide $625 million over the next five years for five newly formed quantum information research hubs as it tries to keep ahead of competing nations like China on the emerging technology. The funding is part of $1.2 billion earmarked in …
Read More »Tesla to Build World’s Largest Energy Storage Facility in US
Tesla energyTesla partners with US utility to build li-ion battery energy storage facility in California PG&E will own the facility at its substation in Moss Landing, California, but the design, construction and maintenance operations will combine efforts by both by the San Francisco-based utility and the battery and electric vehicle …
Read More »Qatar’s First Storage Project Relies on Tesla Batteries
The Qatar General Electricity and Water Corp (Kahramaa) has installed a 1 MW/4 MWh storage system at its 11 kV Nuaija station. The facility, built in partnership with Qatari conglomerate Al-Attiyah Group and US electric car maker and battery provider Tesla, is intended to store power during peak hours or …
Read More »UK will Be Investing in Europe’s First Geotherman Lithium Recovery Plant
The UK government announced plans to invest, through its Getting Building Fund, in the construction of Europe’s first geothermal lithium recovery pilot plant at a location near Redruth, Cornwall. The public funds will support a £4-million collaboration between Geothermal Engineering (GEL) and Cornish Lithium at GEL’s deep geothermal project, which …
Read More »Membrane Technology could Cut Emissions and Energy Use in Oil Refining
New membrane technology developed by a team of researchers from the Georgia Institute of Technology, Imperial College London, and ExxonMobil could help reduce carbon emissions and energy intensity associated with refining crude oil. Laboratory testing suggests that this polymer membrane technology could replace some conventional heat-based distillation processes in the …
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