Latest news
Russian oil & gas firms plan to invest $20 BILLION in Iraq’s energy industry
Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee at the Russian Federation Council, has announced. The companies may spend up to $20 billion on oil projects in Iraq, Fyodorov said at a meeting with Iraqi Ambassador to Russia Abdul-Rahman Al-Husseini, according to Russian media.
read more... 11/02/2020
Oil production reaches a record high in Kazakhstan
Oil production in Kazakhstan reached a record high in the entire history of the development of the oil and gas industry in the country, the FinFeview reported.
read more... 04/02/2020
German solar grows 30% in 2019
The solar market grew by about 30% in 2019 with almost 4GW of new projects installed, according to initial analysis by the German solar industry association BSW.
read more... 06/01/2020
German gas industry targets 5 GW of power-to-gas capacity in five years
Germany’s gas industry aims to build power-to-gas capacity of five gigawatts (GW) over the next five years, and 40 GW by 2050, as it seeks to develop zero-carbon fuels for homes, factories and vehicles, industry group DVGW said on Tuesday.
read more... 27/11/2019
Total seeks to sell stake in major Nigerian offshore block
Total is seeking to sell its 12.5% stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources said, in an effort to adjust the energy company’s Africa portfolio amid a broad expansion.
read more... 07/11/2019