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When Will Russia Run Out Of Oil?

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On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 In 2015, only seven new hydrocarbon discoveries were made in Russia, three of them in the Baltic Sea. In 2016, only 3.7

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. Both, it would seem, have incentive to do so, as each has lost over $100 billion in crude revenues in 2015—and Russia bears the extra burden of U.S. by Dalan McEndree for Oilprice.com. and $65.65

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CNPC’s first hydrogen station in Beijing in operation

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Early in February, CNPC had put into operation its first hydrogen station for the 2022 Winter Olympics in Chongli District, Zhangjiakou City, refueling more than 470 hydrogen fuel cell vehicles during the Winter Olympics test events. CNPC) is an integrated international energy company.

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Rosneft and BP sign agreement on development of Domanik tight-oil formations

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Rosneft and BP Exploration Operating Company Limited signed a Heads of Agreement on Domanik tight oil formations. The joint venture company (Rosneft 51%, BP 49%) will be incorporated in Russia. The Domanik region in Russia. Source: USGS. Click to enlarge. The document was signed within the framework of the St.

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Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

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Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? Is this a relatively short term event like 2008, or a longer term slump like the one in the mid 1980’s?

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KIT and Wintershall Dea collaborating to develop industrial-scale methane pyrolysis for CO2-free production of hydrogen

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relating to methane pyrolysis was granted the Innovation Award by the German Gas Industry and additionally won the audience award of the ERDGAS 2018 Zukunftswerkstatt, an event staged by the Zukunft ERDGAS industry initiative. In 2018, the research of KIT and the Institute for Advanced Sustainability Studies e.V. Resources.

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Tesla’s Elon Musk en route to Norway to speak at 2022 Offshore Northern Shore conference

Teslarati

Musk’s appearance at the 2022 ONS conference has been announced by the event’s organizers themselves. The 2022 ONS conference promises to be an important event. The Tesla CEO also warned about the dangers of letting the oil and gas industry deplete the Earth of its fossil resources at the 2014 ONS.

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