Kyrgyzstan aims to venture into nuclear energy for electricity production, Azernews reports, citing Kyrgyz Deputy Energy Minister Taalaibek Baigaziev telling at the ATOMEXPO-2024 forum in Sochi, Russia.
Eni, Fincantieri and RINA have signed an agreement to develop joint initiatives for the energy transition, the shipbuilding company announced in a press release.
Italian energy major Eni has renewed its membership in the MIT Energy Initiative (MITEI) as a founding member until the end of 2027. The company said in a media release that this step reaffirms its commitment to the field of low-carbon energy research.
The Nigerian federal government plans to adopt trucks and barges to transport crude oil to tackle pipeline vandalism.
This was contained in a document by the Nigerian Upstream Petroleum Regulatory Commission on “Stability in the Nigerian Energy Sector: Integrated Strategies for Infrastructure, Transportation and Security”.
Singapore onshore fuel oil inventories fell to a two-week low, driven by a fall in imports to the city state for the week ending 27 March, according to Enterprise Singapore data.
The Federal Government has adopted a virtual means of evacuation of crude oil that involves the utilisation of barges and trucks for the transportation of crude from the point of production to injection/storage points for eventual transportation to export terminals.
HOUSTON, April 1, 2024 /PRNewswire/ — Darcy Partners (“Darcy”), a leading provider of technology-focused market intelligence to the energy sector, recently announced awards for the Top Innovators across five key areas in the upstream Oil & Gas value chain.
The cut in oil production measure put in place by the Organisation of Petroleum Exporting Countries (OPEC+) towards the end of last year may be yielding the desired results.
Despite being blessed with abundant oil and gas resources, Wood Mackenzie, also known as WoodMac, a global provider of data and analytics for the energy sector, has said that Africa will account for only 6% of global upstream investment over the next ten years, noting that the Continent’s production will drop from a projected 12.4 million Barrels of Oil Equivalents Per Day (BOEPD) in 2024, to 10.1 million in 2033 due to under-investment.
PetroChina Co. Ltd. has reported CNY 161.15 billion ($20.6 billion) in net income for 2023, up 8.3 percent compared to 2022 as growth in both upstream and downstream output offset weaker oil prices.