Chairman and CEO of ConocoPhillips spoke about his company’s hyper focus on returns highlighting that the returns the energy industry has generated have been negative over the last 10 to 15 years.
Read More »Odfjell Drilling Secures $775Million in Debt Refinancing
Odfjell Drilling has today received firm bank commitments for a refinancing related to its 2019 debt maturities.
Read More »Total Announce the Launch of Innovative Project for the Capture and Storage of CO2 on an Industrial Scale
A consortium of 11 European stakeholders including ArcelorMittal. Axens. IFP Energies nouvelles (IFPEN) and Total. is launching a project today to demonstrate an innovative process for capturing CO2 from industrial activities.
Read More »The Second Machine Age Could Crash Oil Prices
Forecasters at these major oil organizations simply do not understand that we are in a new age of rapid technological advancement and innovation.
Read More »The Single Biggest Challenge For The Oil & Gas Industry
New oil and gas discovered through high-impact drilling fell by as much as 50 percent between 2014 and 2018.
Read More »More People Have Access to Electricity Than Ever Before. But the World Is Falling Short of Its Sustainable Energy Goals
A substantial further increase of renewable energy is needed for energy systems to become affordable. reliable and sustainable. focusing on modern uses.
Read More »Iran Increases Exports from Persian Gulf Special Economic Zone
Iran has boosted exports of goods from its Persian Gulf Economic Zone. a senior official said.
Read More »Samsung Uses AI to Transform Still Facial Photos into Talking Video Sequences
Researchers from Samsung'.s AI Centre located in Moscow have created a new system that can transform still facial images into video sequences of the human face making speech expressions.
Read More »Rotterdam Sends Smart Container Around the World
The smart shipping container. Container 42. has left the port of Rotterdam on the first leg of a two-year data-collecting mission around the world.
Read More »China Using Freon Gas Violating Intl. Agreement in Destruction of Ozone Layer
This could create setbacks in international efforts to restore the ozone layer to its 1980s level by 2050.
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