- Oil & Gas
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…
Read More » - Oil & Gas
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 » - Metals & Mining
Electric Vehicles and Robotics for Mining 2020-2030
The new IDTechEx report, ‘Electric Vehicles and Robotics for Mining 2020-2030’ shows how electric vehicles and robotics progress to the…
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…
Read More » - Renewables
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
Read More » - Renewables
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…
Read More » - Renewables
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…
Read More » - Metals & Mining
Bankwatch Romania Warns of Potentially Unlawful State Aids Granted to Complexul Energetic Oltenia
Bankwatch Romania has requested the European Commission (EC) to analyze the state aids granted to Complexul Energetic Oltenia (CEO) by…
Read More » - Power
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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Nouryon and INEOS Nitriles Open New Unit to Produce Readily Biodegradable Chelates
Nouryon and INEOS Nitriles have broken ground on new facilities to be built at INEOS’ Köln site in Germany. The…
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Transgaz – EBRD MoU on the Cooperation and Support for Investments in the Romanian Energy Sector
SNTGN Transgaz SA signed with the EBRD, the Memorandum of Understanding on the cooperation and support for Transgaz’ Investment Program.
Read More » - Power
CET Arad, One Step Closer to Modernization
CET Arad successfully continues its reorganization strategy, accessing a substantial financing of approximately EUR 8 million, offered by AOT Energy,…
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AMBRA-E Project to Receive Funding from the EC and the EIB
The AMBRA-E project, coordinated by Enel X and implemented by its Italian, Spanish and Romanian local companies, involves the deployment…
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The US-China Trade Deal
The Phase 1 trade agreement signed between the US and China will provide a major boost to US oil and…
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