by Vasu Jit Kalia | July 30, 2024 | Energy, Industry
ABU DHABI, 30th July, 2024 (WAM) — ADNOC announced today that its offshore Satah Al Razboot (SARB) field has achieved a 25% increase in production capacity by implementing industry-leading advanced digital technologies. The increase at SARB field, to a total of...
by Vasu Jit Kalia | July 26, 2024 | Energy
In order to potentially develop three gas compression plants at Saudi Arabia’s largest unconventional gas field at Jafurah, Saudi Aramco signed a non-binding letter of intent (LoI) with a joint venture with Spain’s Técnicas Reunidas and Chinese oil and gas...
by Vasu Jit Kalia | July 25, 2024 | Energy
Vienna, July 25 (IANS) The Organisation of the Petroleum Exporting Countries (OPEC) Secretariat said that it received compensation plans from Iraq, Kazakhstan, and Russia for their overproduced oil volumes in the first half of 2024. OPEC said in a statement that the...
by Vasu Jit Kalia | July 23, 2024 | Energy, Industry
WUHAN, China, 22nd July, 2024 (WAM) — PetroChina today became the newest Signatory of the Oil & Gas Decarbonisation Charter (OGDC), joining more than 50 oil and gas producers committed to reducing emissions. With PetroChina joining the OGDC, the...
by Vasu Jit Kalia | July 22, 2024 | Energy
New Delhi, July 22 (IANS) The Union Budget 2024-2025 will give a further push to prioritise environmental, social, and governance (ESG) and sustainability initiatives to drive long-term economic growth and environmental resilience, experts said on Monday. Last month,...
by Vasu Jit Kalia | July 17, 2024 | Energy
Mumbai, July 16 (IANS) Tata Power on Tuesday announced plans to invest Rs 20,000 crore during 2024-25, a large part of which would go to projects in the renewable energy segment of the company. Addressing the company’s 105th Annual General Meeting (AGM), Tata Power...