Algeria. which produced nearly 2.7 million tonnes of petrol in 2019. had to import this fuel to meet the needs of the national market.
Read More »The Most Ambitious Climate Pledges from Big Oil are Still Weak
Natural gas is like the e-cigarette of fossil fuels.
Read More »US will Become Leading LNG Exporter by 2025
The US currently has a total of 32 projects on different stages from feasibility to commissioning.
Read More »US Oil Rig Count Falls Slightly As Producers Cut Spending
The U.S. Energy Information Administration projected crude output will rise about 8% in 2020.
Read More »Saudi Aramco Gets EU’s Unconditional Approval for $69 bln SABIC Deal
In March 2019. Aramco announced the deal in a key move towards its diversification into refining and petrochemicals.
Read More »BP. Eni. Equinor. Shell and Total Join Forces to Store Emissions Under the North Sea
The Net Zero Teesside project aims to decarbonise local industry by building a transportation and storage system to gather industrial carbon dioxide. compress it and store it safely in reservoirs under the sea.
Read More »Eni Targets Oil Output Peak in Clean Energy Drive
Eni is aiming to cut its greenhouse gas emissions by 80% by 2050 in absolute terms.
Read More »BP`s Net Carbon Goals Achievable
In 2018. BP invested over $10 billion to buy BHP Billiton'.s US shale business.
Read More »Petropars Says to Follow in Total Footsteps in SP11
Over recent years. the South Pars Phase 11 (SP11) development project has been one of the most controversial projects in Iran.
Read More »US Shale Oil Production Growth to Slow In 2020
Saudi Aramco CEO Amin Nasser described the project as the start of the kingdom'.s own shale gas revolution.
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