Oil & Gas
News & Press Releases
Portugal-Netherlands Green Hydrogen Supply Network Looms
An agreement to investigate the viability of manufacturing, liquifying, and shipping green hydrogen from Portugal to the Netherlands, so it would subsequently be stored and distributed for sale, has been signed by Anthony Veder, Shell New Energies NL BV,...
News & Press Releases
Hard Cold Awaits As Europe May Want Interim Coal, Oil Power
To combat the energy market turmoil that has become "especially perilous," European leaders should reduce their use of gas in the power sector, momentarily increase their use of coal and oil, and accelerate their use of low-carbon sources, according...
News & Press Releases
Malaysian Gasoline Subsidies Ease Inflation, Says Economist
An economist describes the current situation in Malaysia as "enviable" due to the fact that fuel subsidies have protected households from the effects of rising oil prices. Even though there is this acceleration in inflation, and one is going to be...
News & Press Releases
Aramco Expanding Namaat With 55 MoUs And Collaborations
A huge expansion of the Namaat industrial investment strategies has been announced by the Saudi Arabian Oil Company (Aramco), with 55 agreements and Memorandum of Understanding covering the sustainability, digital, manufacturing, industrial, and social innovation sectors.
Namaat, which has increased...
News & Press Releases
Germany Braces For Hybrid War As Russia Cuts Gas To Europe
German Foreign Minister Annalena Baerbock declared in the last week of June that her nation was engaged in a hybrid war as the energy situation in Europe was made worse by Russia's fight in Ukraine. Baerbock said at a...
News & Press Releases
U.S. Stocks May Fall In Earning Time Due To High Energy Cost
High oil costs present yet another barrier to U.S. business earnings, and a few on Wall Street are concerned that this could further depress stock prices. Due to low supply, increased demand, and the conflict in Ukraine, Brent crude...
News & Press Releases
China, India may be buying more Russian Oil than US thought
According to one of President Joe Biden's economic advisers, China and India may be purchasing more Russian oil than the US previously thought, lessening a supply shortage on the world market and possibly causing the current price drop. With...
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