Fuel and energy

Scientists have new information about the source of methane in the Arctic Ocean.

 

 

Venezuela shed another 216,000 b/d of crude production in December, bringing official monthly output to just 1.621mn b/d, the lowest level since the mid-1980s, not including a 2002-03 labor strike, according to official Venezuelan data cited by Opec

ExxonMobil today announced that it has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block.

HH Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Emir of the State of Kuwait, yesterday received HE Mohammad Sanusi Barkindo, Secretary General of OPEC, for a meeting in Bayan Palace, Kuwait City.

GE’s Power Services business announced today that its largest ever flange-to-flange (F2F) replacement project in Japan was successfully completed and is expected to save approximately $71 million in annual fuel costs.

Quinbrook Infrastructure Partners today announced that the Quinbrook Low Carbon Power Fund has closed construction and tax equity financing of the 200 Megawatt (MW) first stage of the GE-powered 365 MW Persimmon wind farm project in Oklahoma.

To expedite research and commercialization of new energy-related technologies, power management company Eaton and the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) have entered into a cooperative agreement to co-locate approximately...