Latest news
Siemens, Total to work on “green” LNG production
A unit of German engineering giant Siemens has entered into a deal with French energy group Total to advance new concepts for “green” liquefied natural gas production.
read more... 12/06/2020
IAEA: Reactors are maintaining safe operation during pandemic
There has been no enforced shutdown of a nuclear power reactor due to the effects of COVID-19 on the workforce or supply chains, according to reports from operators and regulators received through the International Atomic Energy Agency's (IAEA's) COVID-19 Operational Experience Network (OPEX) and International Reporting System for Operating Experience (IRS).
read more... 12/06/2020
Equinor, Aker BP agree 3 oil, gas licenses in North Sea
Area with these licenses contain recoverable resources estimated at more than 500 million barrels of oil equivalents
read more... 12/06/2020
Daily (11.06.2020): U.S. WTI crude gained 1.7% on Wednesday despite an unprecedented level of U.S. crude inventories
Crude oil prices gained ground on Wednesday despite news that crude oil stockpiles rose by 5.7 million barrels last week, as shown by EIA. Hence, Brent crude for August delivery rose by 55 cents, or 1.3%, to settle at $41.73 a barrel. At the same time, U.S. WTI crude gained 66 cents, or 1.7%, to end at $39.60 after falling more than 2% in the session.
read more... 11/06/2020
Norway to make renewable aviation fuel
A newly-established industry consortium today unveiled plans for the construction in Norway of Europe’s first commercial plant for hydrogen-based renewable aviation fuel.
read more... 11/06/2020