TOKYO – Fossil fuels should account for less than half of Japan’s mix of power sources in 2030, a group of ruling party lawmakers proposed on Wednesday as Prime Minister Yoshihide Suga aims to cut the nation’s greenhouse gas …
MOSCOW – Russia’s largest oil producing company Rosneft plans to sell some old underperforming oil fields, mostly to local companies, at least two Moscow-based brokerages said on Tuesday following a conference call with Rosneft’s management.
Sova Capital brokerage said …
RIO DE JANEIRO – Petrobras does not expect to invest in renewables over the next five years, Chief Executive Roberto Castello Branco said on Tuesday, adding that the Brazilian state-controlled company will instead put money into technologies to reduce …
Image: Algerian Energy Minister Abdelmadjid Attar, current rotating OPEC president….
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The reactor, which was connected to the national grid on Friday, can generate 10 billion kilowatt-hours of electricity each year and cut carbon emissions by 8.16 million tons
BEIJING: China has powered up its first domestically developed nuclear reactor…
Algeria, 10 th largest gas producer, said it will record a fall of 4.7% of its gas exports. These negative forecasts will also impact the country’s ability to support local demand for gas, which continues to grow.
Algerian Energy …
Industrial action could result in the closure of more Norwegian oil and gas fields, with Norway’s security personnel union to strike at heliports used for transport to offshore platforms from midnight tonight.
Security guards will begin strike action at …
Bloomberg
BP said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions.
The company is a major producer in countries such as Iraq, where it …
Iraq has long been forced to juggle a heavy reliance on oil revenues to meet domestic funding requirements alongside pressure from the Opec+ alliance to comply with crude production quotas. But the strain has started to show ahead of …
Rescheduling of Work Commitments in Corentyne Block, Guyana Canada NewsWire …
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Bloomberg
Saudi Arabia and Russia summoned OPEC+ ministers who oversee their oil production cuts for last-minute talks on Saturday, as the cartel prepares for a decision on whether to delay January’s output increase.
A clear majority of OPEC+ watchers expect …
What seemed to be shaping up as a smooth OPEC+ meeting, with traders largely expecting a rollover of production quotas, has hit some turbulence with an airing of grievances.
The UAE may be considering splitting from the group, …
WARSAW – Poland should scrap a plan to merge state-run energy groups after they have shifted coal assets into a separate entity because it won’t deliver on EU climate targets, a report by environmentalist group ClientEarth and think tank …
NEW YORK/LONDON – Activist hedge fund Elliott Management Corp has invested at least $30 million in Cataleya Energy, a small firm focused on oil exploration in Guyana, the world’s newest oil and gas hot spot, two people familiar with …
JEDDAH – Saudi Aramco said on Tuesday its domestic fuel supplies had not been affected by an attack the previous day by Yemen’s Houthi group on a petroleum products distribution plant in Jeddah, with operations resuming three hours after …
Unidentified persons on Monday attacked oil facilities operated by Shell Petroleum Development Company (SPDC) and Nigerian Agip Oil Company (NAOC) at Ikarama community, Yenagoa Local Government Area of Bayelsa.
Mr Ben Warder, a youth leader in Ikarama …
RIYADH/DUBAI – Yemeni Houthi forces fired a missile that struck a Saudi Aramco oil company distribution station in Saudi Arabia’s Red Sea city of Jeddah, a Houthi military spokesman said on Monday.
There was no immediate Saudi confirmation of
FortisBC takes significant step towards implementing hydrogen in the natural gas system …
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Energyworld
Oil & Gas 360 Publishers Note: Narendra Modi, Prime Minister of India, again is demonstrating that his power policies are using the “balanced diet of power” to include fossil and renewable sources. His leadership in power principals should be …
360 Feed Wire
Oil & Gas 360 Publishers Note: Norway is still in the top 14 world oil producing countries, and top EU producer.
Preliminary production figures for October 2020 show an average daily production of 1 877 000 barrels …
Energyvoice
Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council (SPC) has said.
This came in addition to a 2 billion barrel conventional oil discovery, taking the country’s total to 107bn …
Reuters
Turkey said it was extending the seismic survey work being carried out by its Oruc Reis ship in a disputed part of the eastern Mediterranean until Nov. 29, a move that could add to tensions in the region, according …
Bloomberg
Earlier this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana. Unlike many oil refineries shut in recent years, Convent was far from obsolete: it’s fairly big by U.S. standards and sophisticated enough to …
Bloomberg
President Recep Tayyip Erdogan called on the European Union to keep its promises to Turkey and avoid discrimination as the threat of EU sanctions looms over the country.
“We see ourselves in Europe, not anywhere else, and we want …
SINGAPORE – Saudi Arabia and Russia are in a tight race to become China’s top oil supplier in 2020, with both countries boosting crude exports to the economic powerhouse even as the coronavirus pandemic hit global demand for oil …
EIA
Oil & Gas Publishers Note: Getting a “Balanced diet of power” is critical to get the lowest kWh to all of the people, while being good stewards of our natural resources.
In the International Energy Outlook 2020 (IEO2020), the …
(Bloomberg) –China’s oil giants China National Petroleum Corp. and CNOOC Ltd. are considering acquiring Exxon Mobil Corp.’s remaining stake in an oil field in Iraq, which could fetch at least $500 million, according to people familiar with the matter.
The …
CAPP issues statement on Canadian Net-Zero Emissions Accountability Act Canada …
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Climate Action 100+, a leading investor group pushing corporations to act on climate change, has added Saudi Aramco to its list of target companies.…
Aramco announced a new contracting strategy for its oil and gas brownfield and plant upgrade projects. The strategy focuses on …
