Enbridge Inc will restart the east segment of its Line 5 liquids pipeline in the Straits of Mackinac after receiving authorisation from the US Pipeline and Hazardous Materials Safety Administration (PHMSA) and approval from the Michigan Circuit Court. Following a review of data from an…
A group of 15 Democrat-led states sued to block the Trump administration’s decision to sell drilling rights in the Arctic National Wildlife Refuge, alleging the plan fails to account for the danger to wildlife and climate-change impacts. The plan to open drilling in the…
Italian oilfield services provider Saipem and energy infrastructure operator Snam have signed a Memorandum of Understanding to work together on new energy transition technologies, green hydrogen development, and CO2 capture and reuse. The aim of the agreement is to jointly define and develop initiatives…
Kiamal – majority owned by European joint venture Total Eren, with the Clean Energy Finance Corporation owning a small stake – is by far the biggest solar project in Victoria, and one of the biggest in the country, but has been delayed by a combination…
Equinor has entered into an agreement with BP to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of US$1.1 billion. Through this transaction, the two companies are also establishing a strategic partnership for further growth within…
Royal Dutch Shell Plc subsidiary BV Dordtsche Petroleum Maatschappij has agreed to acquire interest in certain frontier exploration assets from Kosmos Energy, Dallas, for US$100 million plus future contingent payments of up to US$100 million. Under the terms of the agreement, Shell will acquire…
Petrobras has completed a drillstem test (DST) over the area of the Júpiter discovery in the presalt Santos basin offshore Brazil. The company operates the surrounding BM-S-24 concession with an 80% interest, in partnership with Petrogal Brazil. The DST assessed the presalt carbonate…
A company owned by Iran’s biggest state-controlled charity has signed a contract to develop part of the country’s second-largest oil field. Sina Energy Development Company will carry out drilling and repair work on 18 wells as well as building pipelines for Phases 1 and…
If Turkey develops the giant Tuna-1 (Danube-1) gas discovery, it could potentially save the country up to US$21 billion in import costs, Rystad Energy estimates. Rystad said on the 9th September that this would depend on the field’s peak output, which remains to be…
Latin America is emerging as a green powerhouse, with some of the strongest renewable capacity growth expected globally in the coming years. With auctions already adopted throughout Latin America, Rystad Energy expects the region’s 49 gigawatts (GW) of renewable capacity will skyrocket to 123…
