Oil

How Is AI Secretly Transforming the Oil Industry?
Infrastructure & Technology How Is AI Secretly Transforming the Oil Industry?

In a world increasingly driven by technological advancements, generative artificial intelligence (AI) stands out as a revolutionary force making ripples across various sectors. Surprisingly, one of the most discreet yet potentially transformative adoptions of AI is happening within the oil

Yarra Valley Water Upgrades Biogas Plant for Sustainable Future
Renewable Energy Yarra Valley Water Upgrades Biogas Plant for Sustainable Future

Yarra Valley Water’s biogas plant in Melbourne’s northern region is undergoing a significant modernization. Originally implemented in 2017, this state-of-the-art facility has been a model of energy self-sufficiency and sustainability. Known for converting organic waste into renewable energy, the

Iraq Modernizes Oil Contracts to Draw Foreign Investment, Boost Output
Conventional Fuels Iraq Modernizes Oil Contracts to Draw Foreign Investment, Boost Output

Nestled in one of the globe’s most oil-rich regions, Iraq is embarking on an ambitious journey to overhaul its oil and gas industry. This shift aims to attract foreign investment, boost output, and cement Iraq’s role as an energy powerhouse. Central to this transformation is the adoption of

What's the Impact of Gran Tierra's Acquisition of i3 Energy?
Environmental & Regulations What's the Impact of Gran Tierra's Acquisition of i3 Energy?

The acquisition of i3 Energy plc, an independent oil and gas company listed on the London Stock Exchange and TSX, by Gran Tierra Energy, Inc., marks a significant strategic move in the energy sector. Gran Tierra's $225.4 million purchase of i3 Energy, structured through a combination of cash and

Debate Over Causes of California's High Gas Prices Heats Up
Conventional Fuels Debate Over Causes of California's High Gas Prices Heats Up

High gasoline prices in California have ignited a fervent debate among state leaders, energy experts, and policymakers. With prices averaging $4.60 per gallon, far above the national average, the search for answers has led to a complex discussion involving corporate practices, state policies, and

Will China's Economic Woes and Geopolitical Tensions Impact Oil Prices?
Conventional Fuels Will China's Economic Woes and Geopolitical Tensions Impact Oil Prices?

In a significant turn of events, oil prices have declined following OPEC's downward revision of its oil demand growth forecast, primarily attributing this adjustment to weakening consumption in China. Brent crude oil prices dropped by 0.66 percent to $81.76 per barrel, while West Texas Intermediate

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