The gas pipeline at the Deir Ali power station has returned to operation after completion of repairs, the Syrian Ministry of Oil announced on the 18th September, according to Syrian state TV. Islamic State earlier claimed responsibility for an attack on a gas pipeline at the Deir Ali power station,…
ConocoPhillips agreed to acquire Royal Dutch Shell Plc’s Permian Basin assets for US$9.5 billion in cash, accelerating the consolidation of the largest US oil patch. The deal will give ConocoPhillips additional daily production in 2022 of about 200,000 barrels of oil equivalent, it said…
Shell Offshore Inc expects some of its Gulf of Mexico production to remain offline until 2022 following a comprehensive assessment of damage to its West Delta-143 (WD-143) offshore facilities from Hurricane Ida in August. The WD-143 “A” platform facilities will be offline for repairs…
A record rally in natural gas prices in Europe doesn’t mean it’s become lucrative to send every available molecule to the region. Even though European prices have more than tripled this year, they are yet to beat rates for the liquefied fuel delivered to Asia, the…
Norwegian oil and gas giant Equinor and its partners have received permission to increase gas exports from two offshore fields in Norway to supply the tight European market. Production permits for the Oseberg and Troll fields have each been increased by one billion cubic…
A group of global leaders from across the renewable energy value chain and the sector’s innovation ecosystem have launched a new organisation to ensure renewables are wholly sustainable for people and the planet and lead a just transition away from fossil fuels. The partners,…
A group of European Parliament lawmakers has asked the European Commission to investigate Gazprom’s role in soaring European gas prices, saying the company’s behaviour had made them suspect market manipulation. Gas prices in Europe have surged in recent months, helping to drive European electricity costs to multi-year…
There’s “no immediate concern” about fuel supplies running short for consumers in the UK, Conservative MP Alok Sharma said on the 19th September. Mr Sharma, president of the COP26 climate initiative, also told Sky News that government officials “don’t see any risks going into…
There has been “great interest” in the Norwegian continental shelf during the country’s latest licensing round, according to Norway’s Ministry of Petroleum and Energy. Applications from 31 companies were received by the ministry in connection with the announcement of APA (allocation in predefined areas)…
Elixir Energy Ltd, Adelaide, has uncovered a new coal-bearing subbasin within its 100%-owned Nomgon IX coal seam gas production sharing contract in the South Gobi basin of southern Mongolia. The Richcairn-1S well was drilled to a depth of 792 metres and encountered 16 metres…
