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Net Zero Energy
Wintershall Dea supports the goal of a climate-neutral Europe 2050 set out in the new European Climate Change Act.
Eni, has acquired the Dhamma Energy Group from the relevant founding partners.
Panasonic has joined a project led by U.S. oil services leader Schlumberger that seeks to extract lithium from underground salt water in a fraction of the time.
Digital Energy
Implementing a VR digital twins program to operations that were previously executed with lower-tech.
Wood is creating a range of innovative digital solutions and apps, integrating Microsoft Dynamics 365, to allow field workers to embrace a digital future and empower clients.
The oil and gas industry is embracing new technologies to save time and costs and, most recently, to reduce the carbon footprint.
Circularity
Stora Enso and Tetra Pak will invest in capabilities to recycle beverage cartons.
SK Innovation Co., is building an anode material plant, where plastic waste will be recycled into new materials.
The new recycling facility in Karawang, Indonesia, will recycle about 2 billion plastic bottles per year.
Petrochemicals
The complex under construction in the Leningrad Region, will drive an increase in Russia's share in the world oil and gas chemicals market.
The management of TAIF JSC and Nizhnekamskneftekhim PJSC met with top managers of СМЕС and HQC to discuss the new PP capacity in Tatarstan.
Russian non-state natural gas producer Novatek has decided to reconfigure its Obsky LNG project to produce ammonia, hydrogen and methanol
Downstream
Rosneft sold 1.05 million tons of base oils and lubricants in 2020, 4.5% less than the year before.
Gazprom Neft’s lubricant sales stood flat last year because of impacts of the COVID-19 pandemic on both domestic and foreign markets.
Lukoil increased production at its standalone lubricant blending plants by 17% to 161,000 metric tons in 2020.
Upstream
Habau Romania signed with Transgaz for the construction of the project ‘Natural gas transmission pipeline in the direction of Sighetu Marmatiei – Viseu de Sus – Borsa’.
Key offshore discoveries
and developments
in the Black Sea
The Black Sea has a strategic importance for gas production in the region and the development of large-scale offshore projects will undoubtedly lead to sustainable economic growth and significantly contribute to its energy security.
Oil and gas exploration company Serinus Energy said on 15 July that it discovered gas during the drilling of the Sancrai -1 well in Satu Mare in Romania.