Aramco is worth more than the top five oil companies – Exxon Mobil. Total. Royal Dutch Shell. Chevron. and BP – combined.
Read More »Oil Market will Remain Oversupplied despite OPEC+ Pact
The biggest reduction is expected to be in U.S. shale output.
Read More »Japanese Energy Majors may Invest in Russia’s Oil Megaproject in Arctic
The project will require significant funding to develop the fields and related infrastructure.
Read More »Lavrov Stresses Iran`s Right to Peaceful Nuclear Energy at Pompeo Meeting
Russia’s foreign minister Sergey Lavrov said he has stressed Iran'.s right to peaceful nuclear energy during his meeting with US Secretary of State Mike Pompeo in Washington. DC.
Read More »Iran. Tajikistan Stress Boosting Economic Ties
Minister of Finance of the Republic of Tajikistan Qahhorzoda Faiziddin Sattor stressed the expansion of economic cooperation with Iran.
Read More »China Opposes US Illegal Anti-Iran Sanctions
Chinese Ambassador to the Islamic Republic of Iran Chang Hua said that his country is against the unilateral and illegal sanctions imposed by the United States on Iran.
Read More »ABB’s Submersible Robots Halve Cost of Transformer Maintenance
The technology firm has used its submersible robotic technology to help silicon producer Simcoa Operations safely. quickly and efficiently inspect one of the two power transformers its manufacturing facility relies upon.
Read More »Ørsted Unveils More Than £50k for STEM Skills Across Lancashire and Cumbria
The renewable energy developer says the wave of new finance will be sourced from the Walney Extension Skills Fund.
Read More »Renewables to Become France’s Main Energy Source by 2027
GlobalData predicts clean power’s share of the generation mix will soar to 42.9% by 2023. up from 19.9% in 2018.
Read More »Drax to Become Carbon Negative by 2030
The energy producer says it will rely on combining bioenergy generation with carbon capture and storage.
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