Improving the efficiency of road-freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency’s (IEA) latest report, The Future of Trucks: Implications for energy and the environment. Trucks are a major contributor to the growth in transport-fuel consumption, as well…
Wavefront Technology Solutions Inc. (TSX-V: WEE) a global leader in the advancement of fluid injection technology for oil and gas well stimulation and enhanced oil (EOR) recovery is pleased to announce it has been issued a campaign of 15-well stimulations in Kuwait (through a local distributor). It consists of 10 Powerwave-driven acid stimulations on water…
The global natural gas market is undergoing a major transformation driven by new supplies coming from the United States to meet growing demand in developing economies and as industry surpasses the power sector as the largest source of gas demand growth, according to the IEA’s latest market analysis and five-year forecast on natural gas. This…
Bloomberg News is reporting that Iran is injecting large volumes of natural gas from the South Pars field to boost production from its aging oil fields, on the border between it and Iraq. “The country required 93 billion cub metres of gas for re-injection in 2014, but could only allocate 32 billion,” it says. “Gas…
Japan, one of the biggest importers of liquefied natural gas (LNG), recently imported its first liquefied shale gas cargo from the United States earlier this year. Sources say that Japanese Prime Minister Shinzo Abe is considering increasing U.S. energy imports to enable the country to lessen its dependence on the Middle East for its LNG…
GlobalData, a leading research and consulting firm, predicts that Russia will bring on-stream 29 new oil and natural gas projects by 2025. The company’s latest report states that, among operators, Gazprom is expected to lead with six planned natural gas projects. The other major operators in the Former Soviet Union are Surgutneftegas with five projects…
