News

  • OMV to add unit at Burghausen refinery

    OMV AG, Vienna, is investing €64 million to build a unit that will produce high-purity isobutene at subsidiary OMV Deutschland GmbH’s 76,300-b/d refinery in Burghausen, Germany.   The 60,000-tonne/year ISO C4 unit – which will be integrated into the refinery’s existing metathesis plant responsible for…

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  • Faroe Islands launches latest offshore licensing round

    Jarðfeingi, the Faroese Geological Survey, has opened the Fifth Faroese offshore licensing round.   This is being run in conjunction with the 32nd UK licensing round, with acreage also on offer nearby in UK waters west of Shetland.   Both rounds will remain open for…

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  • GE Renewable Energy to Power Potegowo Wind Farm in Poland

    GE Renewable Energy has announced that it will provide 81 onshore wind turbines to power the 220 MW Potegowo Wind Project in Slupsk County, Northern Poland.   This is the first project between GE Renewable Energy and Potegowo Mashav Sp Z OO.   With a…

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  • Offshore Australia Block Goes to Inpex

    A unit of Inpex Corp. has won an exploration permit for Block AC/P66 in Australia’s North West Shelf, the Japan-based company reported on the 12th July.   Inpex stated that it will hold a 100-percent participating interest in the block, which is located in the…

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  • Report: EU to hit Turkey with sanctions over Cyprus drilling?

    The European Union is reportedly preparing to hit Turkey with sanctions over the country’s drilling operations in the contested waters offshore Cyprus.   Reuters reported it had seen a draft of what the EU sanctions would be “set to curb contacts and funding for Ankara,”…

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  • Cuadrilla to resume English gas-shale work

    Cuadrilla Resources Ltd will resume hydraulic fracturing and flow testing at its Lancashire site in Preston New Road near Blackpool and seek relief from low seismicity thresholds.   The company suspended operations last December after a 1.5 magnitude tremor, strong enough to require it to…

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  • Evolving global markets affect US LNG exports, Senate panel told

    Evolving global markets clearly are having impacts on proposed US LNG export projects, witnesses told the Senate Energy and Natural Resources Committee on the 11th July.   Overseas customers are moving away from long-term contracts and toward investing in US terminals which can export US-sourced…

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