The idea was revived in the late 2010s with the rise of demand for power for offshore oil and gas drilling and the creation of safer reactor technologies.
Read More »Rosneft Starts Drilling at New Well Offshore Vietnam
Rosneft said that production offshore Vietnam is very profitable.
Read More »PetroChina Rise Gas Supply to Help Meet Demand
PetroChina raised April gas supplies by 14 percent over a year earlier.
Read More »Yuan Oil Contracts to Strengthen China`s Currency Status
The share of yuan-backed crude oil contracts has soared to 12 percent of global trading since the US withdrawal from the Iran nuclear deal.
Read More »S. Korea to Increase Incentives for Wind Farms
South Korea has been seeking to shift its focus from coal and nuclear energy to renewable energy to cope with worsening air pollution .
Read More »Europe. China Competition for LNG
Russia. Europe’s biggest gas supplier. sees higher demand for its pipeline gas. undermining the region’s efforts at diversification.
Read More »China. Iran. Panama Sign Probe Report on Sunken Oil Tanker Sanchi
It was the world'.s first collision and explosion involving a vessel carrying condensate. an ultra-light crude oil.
Read More »Iran Asks Chinese Oil Buyers to Maintain Imports after US Sanctions
China. the world'.s top crude oil buyer. imported around 655.000 barrels a day on average from Iran in the first quarter of this year.
Read More »Japan to Give Wind Power a Spin in Russia`s Far East
The experiment will see if wind power can be harnessed to cut the region'.s diesel fuel consumption.
Read More »Oil to Soar to $100. US-China Trade War Nears
Trump and his trade team have cracked down on China heavily since March.
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