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Total Announces First Oil from Iara license in Brazil

Total Announces First Oil from Iara license in Brazil

November 15, 2019 No Comments

Total announce first oil from the Iara license (Block BM-S-11A), located in the deepwater Santos Basin pre-salt. This marks the start-up of the FPSO P-68, the first of the two floating production, storage and offloading units (FPSO) already launched and to be installed on the license. The second, the P-70, is expected to come on […]

ADNOC and Total collaborate on Use of Unmanned Drones and Vehicle

ADNOC and Total collaborate on Use of Unmanned Drones and Vehicle

November 13, 2019 No Comments

The Abu Dhabi National Oil Company (ADNOC) and Total announce their collaboration to deploy the world’s first automated seismic acquisition system in Abu Dhabi. This pilot project, performed with Total’s Multiphysics Exploration Technology Integrated System (METIS®), uses autonomous drones and a ground vehicle to drop off and retrieve seismic sensors without human intervention, therefore at […]

Eni presents 2nd volume of the World Oil, Gas and Renewables Review

Eni presents 2nd volume of the World Oil, Gas and Renewables Review

November 8, 2019 No Comments

Eni has released the second volume of the World Oil, Gas and Renewables Review, the annual statistics report arrived at the 18th edition. The volume follows the first published in July focused on the oil market and the refining industry. It provides data and statistics on natural gas, modern renewable energy sources (solar and wind) […]

Total Reviews Its Membership in Industry Associations in Line with Their Climate Stance

Total Reviews Its Membership in Industry Associations in Line with Their Climate Stance

November 8, 2019 No Comments

In its fourth Integrating Climate Into Our Strategy report, released today, Total reviews the 30 most significant industry associations of which it is a member to verify that their stances on climate issues are aligned with the Group’s, based on six criteria in particular: The scientific position: Total considers the link between human activity and […]

Baker Hughes Announces October 2019 Rig Counts

Baker Hughes Announces October 2019 Rig Counts

November 7, 2019 No Comments

Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for October 2019 was 1,130, down 1 from the 1,131 counted in September 2019, and up 113 from the 1,017 counted in October 2018. The international offshore rig count for October 2019 was 242, unchanged from September 2019, and up 35 from the 207 counted in October 2018. The average U.S. rig count […]

Zenith Energy’s Proposed acquisition of Norwegian oil & gas company

Zenith Energy’s Proposed acquisition of Norwegian oil & gas company

November 6, 2019 No Comments

Zenith Energy Ltd., (“Zenith” “), announced that it has formalised an offer to acquire Nordic Petroleum AS (“Nordic”), by way of an exchange of equity. The proposed acquisition is structured to be for a minimum of 90 percent of the outstanding shares in Nordic with a proposed equity exchange of 100 Nordic common shares for […]

Solar, Wind Are Now Cheaper Than Coal In Most Of The World

October 21, 2019 No Comments

The world’s premiere authority on global warming, the Intergovernmental Panel on Climate Change (or IPCC for short), announced in an alarming report at the end of last year that the world is running out of time to curb carbon dioxide emissions. In fact, the data they collected found that in order to keep global temperatures […]

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Eni presents the 18th edition of the World Oil, Gas and Renewables Review

Eni presents the 18th edition of the World Oil, Gas and Renewables Review

July 29, 2019 No Comments

Eni has released the 18th edition of the World Oil, Gas and Renewables Review, the annual statistics report on oil, natural gas and renewables sources. The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on […]

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Ten Countries With The Greatest Fossil Fuel Production

Ten Countries With The Greatest Fossil Fuel Production

July 22, 2019 No Comments

Despite the rapid growth of renewable energy over the past decade, fossil fuels still dominate global energy consumption. According to BP’s recently-released Statistical Review of World Energy 2019, fossil fuels represented 84.7 percent of global energy consumption in 2018. A few weeks ago I received a press kit on this topic. I usually receive several of these each week, […]

Finboot Secures Cornerstone Repsol Investment and Blockchain Solution Contract

Finboot Secures Cornerstone Repsol Investment and Blockchain Solution Contract

July 3, 2019 No Comments

Finboot, a leading software innovation group creating enterprise-level products, announces that it has secured an investment from global energy giant Repsol as part of its latest fundraise, in addition to securing a commercial contract with the company. Repsol has acquired a c.8% stake in the company through its strategic investment fund. The funds will be […]

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