Large increase in subsurface injection of CO2 will see about 5 million metric tonnes of the greenhouse gas collected every year and locked away safely underground.
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Masdar, Statoil join forces to explore potential of battery storage solution
Under the terms of the agreement, the parties will purchase, test and install Batwind to investigate how the battery storage solution can be leveraged to improve the operational and cost efficiency of offshore wind farms.
Chevron Shipping awards global oil and LNG contract to GAC
GAC secures multi-year deal as Chevron’s global agent.
UAE Oil Minister unfazed by oil price spike
UAE Oil Minister remains cool about oil price spikes and the prospect of US shale expansion.
New survey: Geopolitics will replace oil supply cuts as the biggest driver of crude prices in 2018
The UAE Energy Forum will host the world’s first feature interview with HE Suhail Al Mazrouei, the UAE minister of energy and industry, since taking up his position as president of OPEC on 1 January 2018.
Saudi Arabia cuts February oil pricing for US
Move comes as part of the kingdom’s effort to cut shipments to help minimise worldwide supply
In numbers: Iraq’s oil revenue conundrum
Despite crude production growth remaining low, Iraq has been able to develop its ailing oil infrastructure
Comment: Grab oil and gas industry modernisation by the horns
Upstream needs to evolve and move with the times, or it will lose out on profit
Cover interview: Fostering the future of oil and gas
Dr Esra Al Hosani, believes that young people will bring fresh ideas and innovation to the oil and gas industry, and more upstream companies should look at bringing graduates on board
World Bank will no longer finance upstream oil and gas, after 2019
To align its support to countries to meet their Paris goals, World Bank Group will no longer finance upstream oil and gas, after 2019.