According to comments from Abdullah Hussain Haroon, Pakistan’s Minister for Maritime Affairs and Foreign Affairs, ExxonMobil is on the verge of discovering huge new oil reserves Continue reading ExxonMobil set for major oil discovery in Pakistan
Top seven countries by wind power capacity
With a steadily increasing efficiency, wind power (both onshore and offshore) is proving itself to be a cost-efficient source of electricity generation for a Continue reading Top seven countries by wind power capacity
Wind to power blockchain facility in Morocco
Many tech giants have been turning to wind power to offset the carbon footprint of their power-hungry data centres, but one company is going a step further Continue reading Wind to power blockchain facility in Morocco
Scottish oil industry shows signs of recovery
Scotland oil industry is preparing to reverse years of regression, according to the Scottish newspaper Daily Record.
The paper quotes port bosses, in Continue reading Scottish oil industry shows signs of recovery
Seven billionaires who made their fortune from oil
Oil is often described as black gold, an essential commodity that drives economic growth. It’s therefore no surprise that many shrewd operators have amassed vast Continue reading Seven billionaires who made their fortune from oil
US oil production falls short of forecast
In what has been predicted to be a record-breaking year for US oil production, there is an indication that the recent boom may be faltering.
Drillers in Continue reading US oil production falls short of forecast
Texas set to break annual oil production record
The US state of Texas looks likely to shatter its all-time annual oil production record of 1.263 billion barrels from 1972. What’s more, this will be achieved with fewer rigs and workers than a few years ago.
Texas oil economist Continue reading Texas set to break annual oil production record
US not producing enough oil for prices to be lowered
The International Energy Agency’s energy markets and security director has testified before the Senate Energy and Natural Resources Committee that the US alone cannot ramp up production enough to have a significant effect on Continue reading US not producing enough oil for prices to be lowered
US to soon become world’s top oil producer
The US is set to become the world’s top oil-producing nation for the first time since the mid-1970s, according the July short-term energy outlook from the Continue reading US to soon become world’s top oil producer
New poll suggests strong support for onshore wind power
A new poll of UK citizens has shown a clear majority in favour of onshore wind power and who want the Government to change its current policy, which has effectively banned onshore wind power by excluding projects from the Continue reading New poll suggests strong support for onshore wind power
