News

  • Iraq and UAE sign Contract to build 5 Solar Power Stations

    Prime Minister Mustafa Al-Kazemi attended a signing ceremony on the 6th October for the construction of five new solar power stations by Masdar (Abu Dhabi Future Energy Company).   This covers the first phase of the project, covering 1,000 megawatts of power out of a…

    Read more
  • Russia Says Nord Stream 2 Clearance May Cool Gas Prices in Europe

    Russian Deputy Prime Minister Alexander Novak said on the 6th October that certification of the Nord Stream 2 undersea gas pipeline, which expects clearance from a Germany’s regulator, could cool soaring European gas prices.   Prices have spiked in response to a recovery in demand, particularly from Asia, when…

    Read more
  • Stena Power offering FSRUs for LNG projects

    Stena Power and LNG Solutions and Global Energy Storage (GES) have formed a partnership to advance LNG logistics and storage opportunities.   They plan to offer their full LNG terminal and logistics services, expertise from floating storage and regasification units (FSRU) to onshore terminals and…

    Read more
  • ExxonMobil increases participation in Scotland CCS project

    ExxonMobil has increased its participation in the proposed Acorn carbon capture project in Scotland by signing an expression of interest to capture, transport, and store CO2 from its Fife ethylene plant.   The agreement to include the ethylene plant, in Mossmorran, is in addition to a…

    Read more
  • BP in Multimillion Dollar Cherry Point Refinery Investment

    BP Plc has announced plans for a US$269 million investment in three projects at its Cherry Point Refinery in Washington state.   The projects – which aim to improve the refinery’s efficiency, reduce its carbon dioxide emissions and increase its renewable diesel production capability –…

    Read more
  • Echo Energy reactivates more wells in Campo Molino, Argentina

    Echo Energy Plc has reactivated wells in Campo Molino oil field, onshore Argentina, after being shut in since April 2020.   Three wells, part of Echo’s Santa Cruz Sur assets, have been brought online to join four wells reactivated in August. The three wells are…

    Read more