Developed in collaboration with TechnipFMC, DNVGL-RP-A204: Qualification and assurance of digital twins sets a benchmark for the sector’s varying approaches to building and operating the technology. SourceContinue Reading

OTC organizers said that new in-person and virtual activities will be planned to “ensure the conference continues to provide a platform for energy professionals to meet and exchange ideas.” SourceContinue Reading

Japan Looks To Open The World’s First Hydrogen Import Facility | 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 – Nov 16, 2020, 11:00 AM CST Japan is...Continue Reading

Michigan Order Enbridge To Shut Down Line 5 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 16, 2020, 10:30 AM CST Michigan’s Governor Gretchen Whitmer and the director of the state’s Department of Natural Resources have revoked Enbridge’s easement for the operation of the...Continue Reading

NASA Wants To Build A Nuclear Plant On The Moon | 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 – Nov 16, 2020, 10:00 AM CST NASA is planning to build a base and...Continue Reading

Twitter Blocks Iran Oil Minister’s Account | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 16, 2020, 9:30 AM CST Twitter has blocked the official account of Bijan Zanganeh, the Petroleum Minister of Iran, IRNA has reported. The U.S. government slapped sanctions Ion Zanganeh in...Continue Reading

Oil Prices Leap Higher On Fresh Vaccine Hopes | 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 – Nov 16, 2020, 8:30 AM CST Oil prices jumped by 4 percent early on...Continue Reading

Slumping profits have left Aramco unable to generate enough cash to fund the investor payouts, almost all of which go to the Saudi government, which in turn needs the money to plug a widening budget deficit. SourceContinue Reading

Moderna’s shot had efficacy of 94.5% in a preliminary analysis of a large late-stage clinical trial. It follows similar positive developments in a vaccination being jointly developed by Pfizer Inc. last week, buoying commodity prices globally. SourceContinue Reading

Crude prices have rallied to a 10-week high on hopes that Moderna, Pfizer Inc. and BioNTech SE’s breakthroughs could soon revive the economic activity that underpins fuel consumption. Nonetheless, the alliance of producers led by Saudi Arabia and Russia is discussing a delay of the supply boost they’d hoped to make in January. SourceContinue Reading