- Oil & Gas
Naftogaz Signs Contract with Expert Petroleum to Increase Gas Production on Depleted Fields
Partnership between Naftogaz and Expert Petroleum will generate at least an additional 300 million cubic meters of gas within 5…
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Daimler and Volvo to Partner for Large-scale Production of Fuel Cells
Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture.
Read More » - Renewables
World’s First Offshore Green Hydrogen Project
Neptune Energy announced leading energy infrastructure company, Gasunie, will join as a new partner on the PosHYdon pilot, the world’s…
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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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