Actuality

By   – 2.4.2022

President Joe Biden extended Trump-era tariffs on imported solar energy equipment by four years, but excluded bifacial cells, which increasingly are used in utility-scale projects.

The extension doubles the import quota on solar cells to 5 GW, and opens the door for duty-free imports from Canada and Mexico.

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Solar tariffs get an extension, but bifacial cells are excluded 9 February 2022

UPSIDE WISER 7 October 2020

ExxonMobil Corp. affiliate Esso Exploration & Production Guyana Ltd. (EEPGL) made a final investment decision to proceed with Payara field development offshore Guyana and has let contracts to advance the project’s next phase.

Mikaila Adams
Oct 1st, 2020

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ExxonMobil moves ahead with Payara development offshore Guyana

  • Reuters
  • August 03, 2020, 17:28 IST
  • Germany agreed a national hydrogen strategy to help decarbonise the economy, including providing 9 billion euros ($10.58 billion) to help promote new projects

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German oil refinery to build 30 MW hydrogen electrolysis plant 3 August 2020

Published in Oil Industry News on Wednesday, 27 November 2019

OPEC and its Russia-led non-OPEC partners in the production cut deal may roll over in early December the current cuts into June 2020, as Russia will likely support the cartel’s efforts to raise the price of oil, Reuters reported on Thursday, citing OPEC sources and delegates.

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OPEC+ May Extend Output Cut Deal Until June 2020 27 November 2019

Published in Oil Industry News on Friday, 4 October 2019

There definitely is a lower-carbon model in the oil and gas industry’s future, agreed executive participants in the opening session of SPE’s 2019 Annual Technical Conference and Exhibition.

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Industry Must Remain Productive While Targeting Zero Emissions 7 October 2019

HOUSTON, Apr. 3
04/03/2019
By OGJ editors 

Light, sweet crude oil prices on the New York market gained on Apr. 2, with both May and June contracts closing close to $1/bbl higher. Brent prices in London also rose for June and July contracts. The increases mark record 2019 highs for the second day in a row as concerns continue over cuts by members of the Organization of Petroleum Exporting Countries as well as Venezuelan disruptions.

 

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MARKET WATCH: Oil prices gain on OPEC cuts, Venezuelan disruption woes 4 April 2019

Baker Hughes: US rig count climbs 9 units to 1,059
HOUSTON, Jan. 25
01/25/2019
By OGJ editors
 The US will position itself as a net energy exporter in 2020 and will remain so throughout a projection period to 2050 resulting from large increases in production of crude oil, natural gas, and natural gas plant liquids (NGPL) coupled with slow growth in energy consumption, according to the US Energy Information Administration’s Annual Energy Outlook 2019.

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EIA: US to become net energy exporter in 2020 28 January 2019

by  Valerie Jones    Rigzone Staff|Monday, November 12, 2018

The global upstream oil and gas sector could save $75 billion per year through digitalization … and the U.S. Lower 48 is leading the way, according to a study released Nov. 12 by Wood Mackenzie.

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Digitalization Can Save Upstream Sector $75B Each Year 13 November 2018

by Nicholas Sakelaris
Washington (UPI) Oct 3, 2018

 

 

Qatar’s energy minister defended the oil market strategy of his country and other OPEC nations Tuesday.

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Qatar, Russia defend OPEC, deny manipulation of oil prices 8 October 2018