There’s a widespread view within the group that the market can absorb additional barrels, according to people familiar with the deliberations. While the usual differences are present — with Saudi Arabia cautious and Russia keen to open the taps — all sides are ready to increase production, they said, asking …
Read More »Total and Google Create Tool to ‘Map’ Solar Potential of European Homes
“Solar Mapper” aims to accelerate the deployment of solar panels for individuals, providing “an accurate and rapid estimate of the solar energy potential of their homes”. The tool will be rolled out for Europe and then worldwide. It will use artificial intelligence algorithms to provide better results than current tools, …
Read More »Iraq to Sign Memorandum with Chevron to Explore for Oil
Iraq plans to sign a memorandum of understanding with Chevron Corp. to explore for oil in the country’s southern province of Dhi Qar, according to a person familiar with the matter. The deal formalizes Chevron’s interest in exploring the eastern and western parts of Nasiriyah, the capital of Dhi Qar, …
Read More »Simec Atlantis Chief Claims Cash is Good Despite £3m Dip in Profit
Simec Atlantis Energy remains in a good financial position despite reporting more than £3 million in pre-tax losses for the first half of 2019. according to the boss of the Highland tidal firm.
Read More »North Sea Tested Marine Power Buoy Wins £1.5m Deal in Chile
The firm behind a marine powered buoy tested in the North Sea has announced a £1.5m million contract to supply the technology in Chile.
Read More »NOC Swings at Eastern Competition
Libya’s National Oil Corp. (NOC) is fighting a rearguard action to secure the company’s unity. following the establishment of a rival board of directors for the Brega Petroleum Marketing Co. (BPMC).
Read More »FERC Approves Eagle LNG
The Federal Energy Regulatory Committee (FERC) has conditionally approved a small-scale liquefaction project in Jacksonville. Florida.
Read More »Moray West Director Vows We Will Build This Project After CfD Disappointment
An influx of almost £2 billion in investment to the Highlands was put on hold yesterday as a giant wind farm project missed out on a bid to produce power in the Moray Firth.
Read More »12-Point Plan to Tackle Climate Emergency Unveiled
Business leaders and environmentalists have created a 12 point plan of steps it says the Scottish Government should take to tackle climate change.
Read More »More Than 100 Suppliers to Converge at Scottish Offshore Wind Event
An event in Inverness today will bring together more than 100 supply chain companies that have joined the recently established DeepWind Offshore Wind Cluster.
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