Blog


Oil & Gas

ARAMCO LEADS OIL INDUSTRY INVESTMENT IN AI.

Global Data has reported that Aramco, a leading oil company, is the largest investor in artificial intelligence (AI) in the oil industry, having spent $3.5 billion on research and development last year.

  • 2 years
Power Grid

CHINA'S CLEAN ENERGY EXPORTS JUMP DESPITE LOWER PROFITS.

In 2023, China's clean energy exports surged by nearly a fifth compared to the previous year, exceeding $150 billion.

  • 2 years
Oil & Gas

TANZANIA: EWURA GETS AN AWARD FOR BEST MANAGEMENT IN CENTRAL PROJECTS.

The Authority for Energy and Water Services Regulatory (EWURA), has received the second winner award in the Best Management of Indigenous Participation in Strategic Projects in the Country.

  • 2 years, 1 month
Oil & Gas

SAUDI ARAMCO SEEKS INVESTMENT OPPORTUNITIES IN NEW ENERGIES ABROAD.

Aramco is expanding its investment focus to include new energy sources and technologies beyond Saudi Arabia. The company has doubled its venture capital fund to $7 billion, aiming to support innovative startups and disruptive technologies.

  • 2 years, 1 month
Oil & Gas

BP SUSPENDS PRODUCTION FROM GIANT OIL FIELD PLATFORM IN AZERBAIJAN.

The British oil company BP has halted oil production from a platform at a significant oil field in Azerbaijan, shortly after commencing production at a new offshore rig. The suspension is part of a scheduled maintenance plan, with operations expected to resume on May 10, 2024.

  • 2 years, 1 month
Oil & Gas

DRONE ATTACKS TAKE KHOR MOR GAS FIELD OFFLINE, CLAIMS LIVES.

Four expatriate workers lost their lives, and two others were injured in a recent drone attack on the Khor Mor gas field in Iraq's Kurdistan region. This attack, reported by an advisor to the Iraqi Kurdish Prime Minister and a senior Kurdish political source, has also led to the suspension of production at the site.

  • 2 years, 1 month