News

  • 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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  • Huge 2GW Wind, Solar and Storage Project Gets Underway in Mongolia

    Chinese wind turbine manufacturer MingYang Smart Energy has begun construction of a 2GW hybrid project in Inner Mongolia which, upon completion, will boast 1.7GW of wind power capacity, 300MW of solar PV capacity, and 320MW of battery capacity with three hours of storage.   MingYang…

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  • Serbia’s NIS starts up new processing complex at Pančevo refinery

    Serbia’s Naftna Industrija Srbije (NIS) JSC Novi Sad has commissioned its long-planned deep conversion, or bottom-of-the barrel (BOTB), complex as part of the operator’s second-stage modernisation programme to improve energy efficiency, boost production of higher-quality products, and ensure operational reliability at its 4.8-million tonnes/year refinery…

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  • US$2 billion Pacific LNG Export Project Advances

    A joint venture between Sempra LNG and Infraestructura Energetica Nova, SAB de CV (IEnova) has taken a final investment decision (FID) to develop, construct and operate the Energia Costa Azul LNG (ECA LNG) Phase 1 project in Baja California, Mexico.   The first liquefaction-export facility…

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  • UK offshore sector needs collaboration to capitalise on renewable energy

    Emerging technologies such as hydrogen production, carbon capture and underground storage, as well as offshore wind power are set for significant expansion across the UK continental shelf, according to Westwood Global Energy Group.   However, a successful transition will depend on collaboration between existing offshore oil and gas and…

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