Oil & Energy A collection of news releases from around the globe on the oil industry including announcements on technology, environmental concerns and impact, as well as corporate earnings and reports for key oil energy industry players.

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25 Jun, 2020, 10:00 BST Ecotrade Group Highlights Its Digital Catalytic Converter Pricebook Tool

Ecotrade Group recently acknowledged the growing popularity of its free pricebook app. Compatible with all devices, the Eco Cat App serves as an...


24 Jun, 2020, 21:20 BST Weatherford Production Optimization Software Boosts Revenue by $156M, Increases Production by Nearly 6,000 Barrels Per Day for Middle East Operator

Weatherford International plc (OTC Pink: WFTLF) today announced its Production Optimization Software Platform increased production by nearly 6,000...


24 Jun, 2020, 18:28 BST Aker Solutions Awarded Letter of Intent for Breidablikk

Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea. The ...


24 Jun, 2020, 15:39 BST CATL Sets Up 21C Lab to Expand R&D on Novel Energy Technologies

Contemporary Amperex Technology Co. Limited (CATL) <300750.SZ>, a leading lithium-ion battery maker, breaks ground on a new innovation laboratory,...


24 Jun, 2020, 15:02 BST Cautious Optimism that the Worst is Over for Oil and Gas Markets on the Back of Production Adjustments and Countries Opening Up, Revealed at this Week's ADIPEC Energy Dialogue

The huge and unprecedented oil market imbalance that faced the industry in April in the wake of COVID-19 pandemic required an unparalleled response...


24 Jun, 2020, 14:25 BST Lower Power Costs Becoming Essential Component for Profitability of Digital Mining Operations

The rise in popularity of digital mining and the underlying blockchain technology presents both challenges and opportunities to the energy sector....


24 Jun, 2020, 13:52 BST Shanghai Electric Dubai MSR Completes World's Tallest Tower Top Receiver in Record Time

Shanghai Electric (SHA:601727) announced today that it has completed the Molten Salt Receiver (MSR) tower top receiver in Dubai's DEWA IV phase 700MW ...


24 Jun, 2020, 13:45 BST Global Lithium-Ion Power Battery Market Size Projected to Reach $100 Billion By 2025

In the global lithium-ion power battery market, recent reports on total revenue numbers differ in size, but they agree that future revenues will...


24 Jun, 2020, 13:15 BST LF Energy Launches Digital Substation Initiative to Modernize Power Grid Infrastructure

LF Energy, a Linux Foundation nonprofit coalition that seeks to radically improve power grid infrastructure through open-source projects, today...


24 Jun, 2020, 07:13 BST Azelio Signs a MoU With Trimark Associates in the US for Energy Storage Projects Across North America

Azelio's MoU with US-based company Trimark Associates Inc. (Trimark) covers a collaboration over 45 MW capacity of Azelio's energy storage until 2025 ...


23 Jun, 2020, 15:00 BST GoExpedi Lauded by Frost & Sullivan for Its Specialized Approach to Real-time Supply Chain Management and Logistics

Based on its recent analysis of the North American upstream oil & gas supply chain market, Frost & Sullivan recognizes GoExpedi, an innovative...


23 Jun, 2020, 11:08 BST Aker ASA: Aker BioMarine AS - Shortening of Private Placement Application Period

Reference is made to the announcement published on 19 June 2020, regarding the commencement of the application period in a private placement of new...


23 Jun, 2020, 09:29 BST Sasol Announces Beneficial Operations of Fifth and Sixth Lake Charles Chemicals Project Facilities

Sasol today announced that the Guerbet alcohol unit at our Lake Charles Chemicals Project (LCCP) achieved beneficial operations on 19 June 2020. This ...


23 Jun, 2020, 05:47 BST One More Hengtong Megawatt Energy Storage Project Connected to the Grid

An 8MWh energy storage project contracted by Jiangsu Hengtong Energy Storage Technology Co., Ltd. succeeded in reverse power transmission and was...


22 Jun, 2020, 11:58 BST Talos Energy Announces Borrowing Base Redetermination Results And Bolt-On Acquisition

Talos Energy Inc. ("Talos," or the "Company") (NYSE: TALO) today announced that its borrowing base has been confirmed at $985 million following its...


22 Jun, 2020, 10:30 BST Base Oil Market to Reach Valuation of ~USD 42 Billion by 2030: Transparency Market Research

Moderate growth would be charted by the global base oil market over the forecast period of 2020 to 2030. The compound annual growth rate anticipated...


22 Jun, 2020, 07:00 BST Enlight Signed Financing for 312 MW Gecama, the Largest Wind Farm in Spain with Two Leading Spanish Banks: Banco de Sabadell and Bankia

Enlight Renewable Energy (TASE: ENLT) announce it had completed the project financing for the 312 MW Gecama wind farm in Spain with two of Spain's...


22 Jun, 2020, 05:00 BST Ecolog International and Siemens Energy Sign Strategic Cooperation Agreement to Join Forces to Provide an Efficient Solution for Industrial Wastewater Treatment

ECOLOG International, a leading global provider of integrated services, technology, environmental solutions, energy, logistics, engineering and...


22 Jun, 2020, 02:00 BST JA Solar Supplies Solar Modules for an 110MW PV Project in Kansai, Japan

JA Solar announced recently that it has won the order to supply Mono PERC MBB modules for the 110MW photovoltaic (PV) power plant in Kansai, Japan,...


19 Jun, 2020, 16:36 BST Venture Global Announces Arrival of First Liquefaction Equipment at Calcasieu Pass LNG Export Facility

Venture Global LNG, Inc. is proud to announce that Calcasieu Pass LNG has begun installing the first equipment to liquefy natural gas at its export...


19 Jun, 2020, 13:30 BST Hydrogen Fuel Cell Market Size to Reach USD 5515.89 Million by 2026 - Valuates Reports

A hydrogen fuel cell is an electrochemical power generator that combines hydrogen and oxygen to produce electricity, with water and heat as...


19 Jun, 2020, 10:37 BST Completion of RBL Redetermination - Significant Increase in Borrowing Capacity

Norwegian Energy Company ASA ("Noreco" or the "Company") is pleased to announce that its bank group has completed the scheduled June 2020 semi-annual ...


18 Jun, 2020, 19:41 BST Venture Global LNG Announces Hiring of Jack Thayer as Chief Financial Officer

Venture Global LNG, Inc. announces that Jonathan (Jack) Thayer has joined the company as Chief Financial Officer. Mr. Thayer has over fifteen years...


18 Jun, 2020, 13:00 BST The Revolutionary Tech That's Turning Waste Into Energy

The $150-billion organic food industry has a major fertilizer problem that could hinder its growth. Massive livestock operations from Europe to North ...


18 Jun, 2020, 04:15 BST Sungrow Releases Latest Product Portfolio Covering a Wide Range of PV and Energy Storage Applications

Sungrow, the global leading inverter solution supplier for renewables, rolled out flagship PV and energy storage product solutions at the ongoing...