Reducing methane leaks to the atmosphere is the single most important and cost-effective way for the industry to reduce these emissions.
Read More »Brazil Stays out of OPEC to Maximize Its Output Expansion
Petrobras has a lot of oil and lot of areas to exploit. but it doesn’t have enough funds to prospect all these areas.
Read More »Iran’s Steel Production Increases by 30% in 2019
Iran’s crude steel production increased by 30 percent in 2019 while the average global growth in this sector stood at 3.5 percent.
Read More »Global Oversupply Sets Up LNG for a Year of Record Low Prices
Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.
Read More »Zangeneh Promises New Gas Output Record in Near Future
The purpose of signing these contracts is to solve the problems of the fields considered in the deals and enhancing their recovery factor.
Read More »Brazil to Stay Out of OPEC to Make the Most of Output Expansion
Brazil. which became a net oil exporter last year. wants to expand its footprint in global energy markets without joining OPEC.
Read More »New $212m Financing for Climate-Friendly Projects in Vietnam
The funding from IFC will enable VPBank to expand its lending to small and medium businesses and boost financing for projects that help reduce carbon emissions.
Read More »Oil Prices Expected to Remain in $61-$65 Range in 2020
Economic conditions in the Gulf region are expected to moderately improve in 2020.
Read More »UK Financing Fossil Fuel Projects Overseas Emitting 69m Tonnes of Emissions
The projects are backed by UK Export Finance – a government agency in the Department for International Trade – that provides loans and financial guarantees to UK companies involved in major projects around the world.
Read More »EIA Expects U.S. Net Natural Gas Exports to Almost Double by 2021
The U.S. Energy Information Administration forecasts that U.S. natural gas exports will exceed natural gas imports by an average 7.3 Bcfd in 2020.
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