Speaking at the Indian Energy Forum in New Delhi, Bernard Looney, the CEO of BP, has called for the energy system to be made more robust in future through investment in diversification, storage and longer-term Continue reading BP calls for greater investment in energy storage and long-term deals
Category: Oil Industry
Northern Lights orders two CO2 carriers
Northern Lights, a carbon capture and storage (CCS) project based in Norway, has ordered two carbon dioxide (CO2) carriers from Dalian Shipbuilding Industry Co. of China.
The project is a Continue reading Northern Lights orders two CO2 carriers
TotalEnergies adopts tech to lessen methane emissions
Energy firm TotalEnergies has announced it will deploy a revolutionary new technology to reduce emissions of methane at its Barnet gas field Continue reading TotalEnergies adopts tech to lessen methane emissions
Saudi Aramco poised to become world’s most valuable company
The predominantly state-owned oil giant Saudi Aramco may soon overtake Apple as the world’s biggest company by market capitalisation. According to Bloomberg, Apple’s market cap of US$2.3 trillion is being closely followed by Aramco, at Continue reading Saudi Aramco poised to become world’s most valuable company
Major shale player says oil prices in OPEC’s hands
Pioneer Natural Resources, one of the biggest US shale operators, has said that the US shale patch will not have a big say in which direction oil prices go, with it being mostly determined by the OPEC+ group of Continue reading Major shale player says oil prices in OPEC’s hands
TotalEnergies helps establish clean hydrogen fund
Energy company TotalEnergies, together with industrial gas supplier Air Liquide and concessions and construction company Vinci, has set up an investment fund to Continue reading TotalEnergies helps establish clean hydrogen fund
Shell starts producing renewable natural gas in the US
Shell New Energies, a subsidiary of the energy company Shell, has started production at its first renewable natural gas (RNG) plant in Continue reading Shell starts producing renewable natural gas in the US
TotalEnergies pledges to safeguard biodiversity in Arctic project
France-based energy company TotalEnergies has published its biodiversity implementation strategy and Environmental, Safety and Health Impact Assessment (ESHIA) for the Artic LNG 2 project, in line with its commitment to engage with society and be transparent about Continue reading TotalEnergies pledges to safeguard biodiversity in Arctic project
Brent Crude breaks through $80 threshold
The price of benchmark Brent Crude broke through the $80 per barrel price towards the end of September as the oil markets tightened before receding slightly due to concerns about China’s lower Continue reading Brent Crude breaks through $80 threshold
TotalEnergies publishes Energy Outlook 2021
France-based energy company TotalEnergies has published its updated scenarios for the ongoing energy transition and how this may influence Continue reading TotalEnergies publishes Energy Outlook 2021
