- Oil & Gas
How to Turn the Black Sea into an Economic Driver After the Crisis
The global energy sector is hit hard by the corona-crisis. The sharp decrease in the oil and gas demand, which…
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Oil Market Remains Under Pressure
Despite this massive cut, the global oil market will continue to remain under pressure in the following months.
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The 56th Rompetrol Gas Station in Bulgaria
Rompetrol Bulgaria officially opened a new gas station in Shumen, town situated 90 km West of the city of Varna,…
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Total and Apache Made an Important Oil Discovery Offshore Suriname
Total and Apache Corporation announced a second significant discovery with the Sapakara West-1 well on Block 58 offshore Suriname.
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The European Gas Market | Analysing the Role of Transmission Tariffs
ACER published a report assessing the implementation of the Network Code on harmonized transmission tariff structures for gas, which was…
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ExxonMobil Slashes its 2020 Capital Spending by 30%
ExxonMobil announced it is reducing its 2020 capital spending by 30 percent and lowering cash operating expenses by 15 percent…
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Equinor’s Oil Discovery at Monument Prospect in the US Gulf of Mexico
Norwegian oil firm Equinor and co-venturers Progress Resources USA Ltd and Repsol E&P USA Inc. have encountered oil in the…
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Oil Well Cementing Market Worth USD 848.6 Million by 2026
The global oil well cementing market was estimated at a worth of USD 503.0 million in 2017 and is projected…
Read More » - Construction
VARD Secures NOK 500mln New Contract
VARD secured a new contract for the design and construction of one stern trawler for P/F Akraberg, a subsidiary of…
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Two New Projects Approved by the Kazakh-Romanian Energy Investment Fund
The Kazakh-Romanian Energy Investment Fund (FIEKR) has recently approved two new investment projects in total amount of USD 43 million…
Read More » - Renewables
European Tidal Power Generation 50% Higher in 2019
Europe still leads the world in tidal energy installations, and European tidal stream projects generated 50% more electricity in 2019…
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First Renewable Energy Financing in Oman
This deal also represents the first renewable energy financing in Oman as well as the GCC region by AIIB, the…
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Solaria PowerXT Passed PID Test
Solaria PowerXT® panels have passed Potential Induced Degradation (PID) test, exceeding the requirements of IEC Technical Specification 62804-1:2015
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Turning Wave Power into Electricity
ABB is part of a cooperation project with CorPower Ocean, which has developed a prototype in the form of a…
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Total’s First Floating Offshore Wind Project in the UK
The Group has signed an agreement with the developer Simply Blue Energy (SBE) to acquire 80% stake in the pioneering…
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New Gas and Condensates Discovery in the North Sea
Total, Operator, and its partners have made an encouraging discovery with the Isabella 30/12d-11 well on the license P1820, located…
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Largest Battery-based Energy Storage Project in France
With a storage capacity of 25 megawatt hours (MWh) and output of 25 MW of power, the new lithium-ion energy…
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Talking to Experts: NAMR President Nicolae Turdean
We discussed with the National Agency for Mineral Resources (NAMR) President Nicolae Turdean about challenges faced by the regulatory authority,…
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