Oil

Global Oil Prices Surge: Azerbaijan Boosts Production Amid Rising Demand
Conventional Fuels Global Oil Prices Surge: Azerbaijan Boosts Production Amid Rising Demand

Global oil markets are experiencing a significant upswing, marked by rising prices and increased production. As the world navigates through economic recovery phases post-pandemic, the demand for fossil fuels has regained momentum. Amidst this dynamic landscape, Azerbaijan emerges as a pivotal

Transforming Oil Wells into Eco-Friendly Solar Energy Storage Systems
Environmental & Regulations Transforming Oil Wells into Eco-Friendly Solar Energy Storage Systems

The sprawling landscapes of Kern County, California, tell a tale of transformation. Formerly known for its extensive oil production, the region is now at the forefront of an innovative shift toward sustainable energy. The heart of this change lies in a groundbreaking project called Geological

Gran Tierra to Acquire i3 Energy in £174M Deal for Expansion
Environmental & Regulations Gran Tierra to Acquire i3 Energy in £174M Deal for Expansion

In a landmark move set to reshape the energy sector, Gran Tierra Energy, Inc., a prominent US-based oil and gas exploration and production company, has confirmed the acquisition of UK-based i3 Energy plc for approximately £174.1 million (US$225.4 million). The acquisition will be executed through a

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

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