News

  • OGA Highlights Benefit of UK Energy Integration

    Integrating oil and gas, renewables, hydrogen and Carbon Capture and Storage (CCS) energy systems could deliver around 30 percent of the carbon reduction needed to meet the UK’s 2050 net zero target, according to a new report from the UK Oil and Gas Authority (OGA)….

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  • Report: Floating production market shows signs of recovery

    In its 2021-2025 Floating Production Systems Outlook Report, Energy Maritime Associates (EMA) analysed the activity in 2020 and how the COVID-19 pandemic and subsequent crash in oil prices has affected the floating production market.   According to the report, only six new floating production units…

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  • Most Emissions from Fossil Fuels Come from Wasted Energy

    It’s been much discussed among energy nerds over many years, but the role waste plays in energy accounting is starting to get more attention.   When you burn fossil fuels, only some the energy produced is captured and used; the majority is wasted as heat…

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  • NLE to invest US$1 billion in Keystone XL pipeline

    Natural Law Energy (NLE) has agreed to make an equity investment of up to US$1 billion in TC Energy Corporation’s Keystone XL pipeline project.   The first phase of the transaction is expected to close third-quarter 2021, contingent on NLE securing financing.   As Keystone…

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  • Oil Search puts new emphasis on Papua LNG

    Oil Search Ltd is moving its development focus in Papua New Guinea operations to the two-train Papua LNG (Elk-Antelope) project without waiting for the earlier plan to link it to a third-train expansion of the existing PNG LNG project.   Last year the proposed Total-operated…

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  • Petronas Calls for Stronger ET Collaboration

    Petroliam Nasional Berhad (Petronas) has called for a stronger collaboration among ASEAN governments, energy players and the public and private sectors to collectively leverage each other’s strengths in achieving a sustainable, low carbon future.   In a special address at the opening of the virtual…

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  • Prysmian to provide cables for Sofia wind farm offshore the UK

    Prysmian Group has signed a preferred bidder agreement with RWE Renewables for the turn-key high voltage submarine and land export cable connection for the Sofia offshore wind farm in the UK.   The finalisation of the contract is subject to final negotiations and the final…

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