1. Last week, the total number of oil and gas rigs in the United States increased by the most since April last year
On March 19, Baker Hughes, an American oil and gas company, said in a closely watched report that as of March 19, the number of active oil and gas rigs in the United States, the leading indicator of future production, increased by 9 to 411, the highest level since April last year.
As oil prices have been rising since October 2020, some energy companies have increased spending in 2021 after cutting drilling and completion spending in the past two years.
2. Wanner engineering launches Hydra cell q330 sealless pump
Wanner engineering, Inc. has launched a new series of Hydra cell q330 pumps, which are designed without seals to avoid mechanical or dynamic seal and packing maintenance problems that may cause leakage and wear. It can be used in a variety of high-capacity applications, including brine treatment, brine injection, bulk transportation and hydraulic lifting of oil fields, as well as steam generation, reverse osmosis, mine dewatering, boiler feed water and high-pressure cleaning in water and wastewater treatment. The company said that the pump can meet the API 674 performance standard.
3. British private equity firms seek to buy stakes in Angolan oil giant Sonangol
Gemcorp, a British private equity firm, said it intends to buy a stake in Sonangol, Angola’s state-owned oil company.
Angola is the second largest oil producer in Africa after Nigeria, but due to the lack of investment incentives to attract foreign oil companies, the country has been in a state of depletion of reserves. To avoid this, the ANCA has embarked on an ambitious reform plan, one of which will be the sale of a minority stake in state-owned operator Sonangol.
4. Gazprom reviews hydrogen energy development
On Friday, Gazprom discussed the use of existing natural gas production infrastructure for hydrogen and methane production. Gazprom plans to make use of the unique characteristics of natural gas, namely, ecological friendliness and cost-effectiveness, to accumulate its own technical capabilities in the field of hydrogen energy. These will be submitted to the board of Gazprom for consideration.
5. In 2020, Apple will invest $2.8 billion in 17 renewable energy projects
In 2020, apple raised funds through green bonds, providing nearly $2.8 billion for 17 renewable energy projects. The world’s second-largest mobile phone maker continues to work towards its goal of carbon neutrality by 2030.
6. The United States once again threatened to sanction all enterprises involved in Beixi 2
Last Friday, U.S. Secretary of state Abraham Lincoln once again threatened in a statement that any organization involved in the “North Creek 2″ project would face the risk of U.S. sanctions. This shows that Biden’s administration will continue its predecessor’s foreign policy at least in part.
“Beixi 2″ is jointly built by enterprises from Russia, Germany and other European countries. It can bypass Ukraine to supply gas to Europe, and more than 90% of the pipelines have been laid. After Beixi 2 is put into operation, Russia’s natural gas exports to Germany can double. The pipeline project resumed construction in December 2020 after a nearly one-year suspension due to US sanctions. Analysts expect it to be completed in September 2021.
7. Masdar plans to double its clean energy capacity in the next five years
Masdar, Abu Dhabi’s clean energy company, predicts that “a significant part” of renewable energy growth in the next five years will come from Southeast Asia and Central Asia.
To this end, the company will seek to develop new projects in Malaysia, Vietnam, Indonesia and other places. At the same time, the company is optimistic about new opportunities in Uzbekistan, Kazakhstan, Azerbaijan and Armenia.
Masdar is owned by mubadara investment company and currently operates in more than 30 countries with a total investment of about US $19.9 billion. The company plans to double its renewable energy capacity from its current 10.7 gigawatts in the next five years
Post time: Mar-22-2021