An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis […]
Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf. The strait is a major shipping and trading lane connecting the Mideast Gulf with […]
ENB Publishers Note: We expect cuts to be implemented as the COVID-19 cases continue to rise around the world, despite vaccine rollout. Follow Energy New Beat’s LIVE daily show at 2 PM MST everyday for […]
OPEC warned of risks to the oil market from the resurgent pandemic, a day before the group and its allies meet to consider whether to increase production. “The outlook for the first half of 2021 […]
Iranian energy companies have agreed deals worth $1.2 billion to raise the nation’s crude output, state-run National Iranian Oil Co. said. The signings were initially meant to take place on Monday in Tehran in the […]
Energy News Publishers Note: This $1 billion dollar group of wells is only the beginning for drilling in the Mediterranean, Red Sea, and even the Black Sea. The deals with major oil companies in the […]
The United States is doubling down on nuclear power and propulsion systems in the new space race with China. The Trump Administration unveiled in the middle of December a National Strategy for Space Nuclear Power and Propulsion, the […]
Russian oil and gas condensate output declined to 10.27 million barrels per day (bpd) last year, according to energy ministry data cited by the Interfax news agency MOSCOW: Oil production in Russia declined last year […]
The US Congress has authorized the White House to impose sanctions against companies constructing the Nord Stream 2 natural gas pipeline from Russia to Germany, with lawmakers overriding President Donald Trump’s veto of a broader […]
China, the world’s biggest auto market, has set a target for NEVs, including plug-in hybrids and hydrogen fuel cell vehicles, to make up 20 per cent of auto sales by 2025, up from 5 per […]
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