Top News

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 …

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 …

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 …

Baker Hughes BKR, -0.86% on Friday reported that the number of active U.S. rigs drilling for oil rose by 6 to 189 this week. The increase followed an increase of 4 oil rigs in the previous week. The total active U.S. rig count, meanwhile, was up 5 to 266, according …

Lithium producers do not feel threatened by Tesla’s plan to produce lithium in Nevada. Miners, as well as analysts, believe that despite the recent drop in lithium prices, the industry is in for a supply shortage after 2025 as automakers significantly ramp up electric vehicle (EV) production. Massive amounts of …

There is a new emerging trend in renewable energy with a rather idyllic sounding name: energy communities. These communities are designed as a model for the brave new world of producer-consumers–individuals that not only take energy from the grid, but feed back into it via their personal energy production devices, …

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 …

The OPEC+ alliance has 2.375 million b/d of so-called “compensation cuts” due to make up for previous overproduction in violation of quotas, but not all members have submitted plans to implement the extra reductions, according to an internal document seen by S&P Global Platts. Of the 13 OPEC+ members required …

U.S. oil output rose 538,000 bbl/d in July to 10.984 million bbl/d, up from 10.446 million bbl/d in June, the U.S. Energy Information Administration (EIA) said in a monthly report on Sept. 30. Oil production fell in March, April and May as U.S. crude producers were reeling from falling prices …

Iran’s crude steel production reached 18.625 million tons in the first eight months of 2020 to register an 11.3-percent increase year on year, Mehr news agency reported. The country’s steel output stood at 16.739 million in the previous year’s same eight months. The increase in the Iranian steel production comes …