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Rosneft touts major light oil find from “northernmost well in the world” in the Arctic

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Rosneft announced a major oil discovery at the East-Prinovozemelskiy-1 license area in the Kara Sea, following the successful completion of the drilling of the northernmost well in the world—the Universitetskaya-1 well. I can inform you about the discovery of the first oil/gas-condensate field in the new Kara sea oil province.

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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. —Prof Wetzel. In 2018, the research of KIT and the Institute for Advanced Sustainability Studies e.V.

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Norway to start seismic surveys in the Barents Sea; “High North” strategy

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Norway Prime Minister Jens Stoltenberg announced that the Norwegian Government intends to start additional seismic surveys further north in the area of the Barents Sea previously disputed with Russia. The survey will provide us with important knowledge about possible oil and gas resources in the area.

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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

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Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The gradual decline foresees a decrease in crude oil production by around 30% and natural gas production by around 15% by 2030.

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Stanford launches major new natural gas research initiative

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Idle natural gas import terminals are being retooled to export liquefied natural gas to Asia and Europe, which is looking to lessen its dependence on Russia for natural gas. Shrock Professor of Sedimentary Geology at Indiana University, Ritts is a National Science Foundation CAREER grant recipient, and an expert on oil and gas exploration.

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UK To Add 300,000 New EV Chargers By 2030

EV Info

Transport secretary Grant Shapps added, “No matter where you live — be that a city center or rural village, the north, south, east or west of the country — we’re powering up the switch to electric and ensuring no one gets left behind in the process. The post UK To Add 300,000 New EV Chargers By 2030 appeared first on evinfo.info.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

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