According to the experts, this is crucial as it determines whether they crystalize – making them fit for extraction – or stay dissolved in fluids. In detail, the team led by Michael Anenburg simulated the crystallization of molten carbonate magma to find out which elements would be concentrated in the hot waters leftover from the...Continue Reading

Gazprom Expects Gas Glut In Europe Will Continue In 2021 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 12, 2020, 12:30 PM CDT Russian gas giant Gazprom doesn’t see...Continue Reading

How The New Conflict Between Armenia And Azerbaijan Threatens Oil Markets | OilPrice.com Vanand Meliksetian Vanand Meliksetian has extended experience working in the energy sector. His involvement with the fossil fuel industry as well as renewables makes him an allrounder… More Info Premium Content By Vanand Meliksetian – Oct 12, 2020, 12:00 PM CDT Sunday...Continue Reading

Libya’s state energy company lifted force majeure on the western deposit of Sharara and instructed its operator to resume production, according to a statement on Sunday. The field will initially pump 40,000 bpd, before reaching its capacity of almost 300,000 bpd next week, a person with knowledge of the situation said. SourceContinue Reading

IEA: Natural Gas Demand To See Largest Drop Ever In 2020 | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Oct 12, 2020, 11:00 AM CDT Despite some uptick in consumption...Continue Reading

EU Targets Emission Savings From Buildings | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 12, 2020, 10:30 AM CDT The European Union (EU) aims to make buildings more energy...Continue Reading

Libya Restarts Oil Production At Its Largest Oilfield | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Oct 12, 2020, 10:00 AM CDT Libya has restarted production at its largest field, Sharara, as...Continue Reading

OPEC’s No.2 Expects Another Weak Quarter Of Oil Prices | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Oct 12, 2020, 9:30 AM CDT Iraq expects the pressure on oil prices to continue...Continue Reading

Oil Prices Slide As Gulf Of Mexico Operators Race To Restart Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 12, 2020, 9:00 AM CDT Oil and gas companies operating in the Gulf of Mexico are beginning to return evacuated staff to offshore platforms...Continue Reading

Total production capacity from Block 61 is expected to rise to 1.5 Bcfd and more than 65,000 bpd of associated condensate. With an estimated 10.5 Tcf of recoverable gas resources, the block has the capacity to deliver approximately 35% of Oman’s total gas demand. SourceContinue Reading