News

  • Enbridge to restart Line 5’s East Segment

    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…

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  • Trump Admin Arctic Plan Faces Lawsuit from Blue States

    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…

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  • Italian players team up to work on energy transition technologies

    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…

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  • Júpiter test offshore Brazil confirms high oil quality

    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…

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  • Iran Charity to Develop Marun Oil Field

    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…

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  • Giant Tuna-1 discovery could save Turkey US$21 billion

    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…

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