Iraq invites foreign bids for oil, gas blocks in new areas
Iraq on Monday invited foreign companies to bid for contracts to explore and develop oil and natural gas reserves in nine new blocks as the OPEC nation seeks to boost Continue Reading
Kazakhstan hopes for Karachaganak gas field deal by year-end
Kazakhstan hopes to settle a dispute with global energy companies developing the Karachaganak gas condensate field in the coming weeks, Energy Minister Kanat Bozumbayev told reporters on Monday. “I hope Continue Reading
Maduro says taps military officer to ‘clean up’ oil company PDVSA
Venezuelan President Nicolas Maduro on Sunday tapped a FILE PHOTO: The corporate logo of the state oil company National Guard major general to lead state oil company PDVSA [PDVSA.UL] and Continue Reading
Venezuelan General With No Oil-Industry Experience to Lead State Sector
President Nicolás Maduro named an active general to lead the state oil industry, the nation’s last major economic sector that had been outside the military’s control. National Guard Maj. Gen. Continue Reading
Venezuela Could Lose A Lot More Oil Production
PDVSA reportedly told employees that they needed to carry out an austerity campaign, looking for ways to cut costs by 50 percent. The internal memo said that savings needed to Continue Reading
Crude oil output, exports at Mexico’s Pemex rise in October
Production and exports of crude oil at Mexican state oil company Petroleos Mexicanos, or Pemex, increased in October, the firm said on Friday.Crude output rose by 9.9 percent from the Continue Reading
Samsung moves toward graphene-based fast-charging battery
Samsung Electronics has developed core battery technology using graphene to make lithium-ion batteries last longer and charge more quickly, a potential industry milestone if mass produced. The South Korean conglomerate Continue Reading
Automakers struggle with the future in Los Angeles
Car manufacturers’ attempts to square what U.S. consumers want against the clean vehicles regulators and investors demand will be on display in Los Angeles this week at an auto show that Continue Reading
U.S. Energy To See Huge Investments From China
During President Trump’s visit to China, the U.S. signed US$250 billion worth of potential trade and investment deals that would boost American exports to China and Chinese investment in the Continue Reading
A Low-Cost Alternative To Lithium-Ion Batteries
Forschungszentrum Juelich researchers with American Oak Ridge National Laboratory scientists have now successfully observed with nano-scale precision how deposits form at the iron electrode during operation. A deeper understanding of Continue Reading