OMV AG, Vienna, has commissioned a new unit for production of high-purity isobutene at subsidiary OMV Deutschland GmbH’s 3.8-million tonnes/year Burghausen refinery on the German-Austrian border in Bavaria. Equipped with a nameplate high-purity isobutene production capacity of 60,000-tpy, the new ISO C4 unit –…
US Secretary of State Antony Blinken said on the 23rd March that the Nord Stream 2 pipeline being built from Russia to Germany ran counter to the European Union’s own interests and could undermine Ukraine. Germany is pushing for the pipeline’s completion, despite sustained…
Norway’s Petroleum Safety Authority (PSA) has ordered Valaris to take action following an investigation of an incident onboard the jack-up Rowan Stavanger last September. A ram door was blown off the BOP during a connection test, which was working at the time for Equinor…
As California’s last nuclear facility – the 2.2 GW Diablo Canyon power plant – approaches its scheduled retirement date, some energy experts worry that the state hasn’t fully prepared for what comes next. The Diablo Canyon plant is located on California’s Central Coast and…
Orange has signed a Corporate Power Purchase Agreement (CPPA) with Total, through its subsidiary Total Quadran – one of the leaders in renewable energies in France. Total will supply Orange with 100 GWh a year of renewable electricity over a period of 20 years….
Premier Oil has issued updates on its North Sea decommissioning and field development programs, ahead of the company’s forthcoming merger with Chrysaor. Production from the Balmoral Area in the central North Sea ceased last November, with sail-away of the floating production vessel scheduled for…
The US fossil fuels industry is still churning out emissions, but it’s talking more than ever about what to do about them. That, at least, is the conclusion of a Bloomberg analysis of conference calls involving the nation’s oil and gas behemoths, including Exxon…
Singapore’s oil and gas company KrisEnergy has entered into a fourth extension of the long stop date under a farm-out agreement for Block 115/09 offshore Vietnam. KrisEnergy entered into the initial farm-out agreement with an unnamed “major international oil and gas company” for the…
For its third consecutive year, Hywind Scotland – the world’s first floating offshore wind farm – reaches the highest average capacity factor for any wind farm in the UK. With an average capacity factor of 57.1% in the twelve months to March 2021, the…
German energy infrastructure company Friedrich Vorwerk is guiding investors to expect its initial public offering (IPO) to price at €45-48 (US$53.55-57.12) per share, one of the bookrunners organizing the deal said on the 22nd March. Books are well covered throughout on full deal size,…
