News

  • People in the News

     Standard Syndicate taps London Market for head of claims Charles Taylor-managed Standard Syndicate 1884 has appointed London Market expert Paul Crockford to the role of head of claims.   Standard Syndicate focuses on providing a broad range of marine and non-marine insurance covers to the…

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  • A Trump Darling, Gas Exports, Set to Gain as Iran Deal Dies

    Another darling of the Trump administration is poised to gain from the Iran deal break-up as oil surges: natural gas exports.   With the move to curb Iran’s oil output encouraging more shale drilling, prices for natural gas produced alongside crude in West Texas could…

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  • Gas finds offshore Equatorial Guinea to connect to ‘mega-hub’

    Equatorial Guinea’s government plans to construct a natural gas mega-hub, Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima announced on the 10th May at the Africa Oil and Power conference in London.   The project, led by the Ministry of Mines and Hydrocarbons in…

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  • Canada divided over oil pipeline from tar sands to Pacific

    A pipeline project which would vastly expand Canadian oil exports to Asia is dividing the country, pitting indigenous groups and people who fear damage to the scenic coastline near Vancouver against the central government and the influential energy industry.   The Trans Mountain pipeline expansion…

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  • Argentina Offshore Auction Attracts Interest From Oil Producers

    International oil firms including Norway’s Statoil, US Anadarko Petroleum, China’s CNOOC and Malaysia’s Petronas have shown interest in Argentina’s auction this year of offshore blocks for exploration and production, the country’s energy minister said on the 9th May.   Argentina faces growing regional competition as…

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  • Cyprus, Israel, Greece push for gas pipeline to Europe

    The leaders of Cyprus, Israel and Greece said on the 8th May that they are determined to push ahead with plans for a pipeline which would supply east Mediterranean gas to Europe as the continent seeks to diversify its supplies.   Israeli Prime Minister Benjamin…

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  • Statoil gets consent to use new pipeline on Heidrun field

    Statoil has received consent from the Petroleum Safety Authority (PSA) to use a replacement pipeline on the Heidrun field off Norway.   The PSA said on the 10th May that the Norwegian oil and gas company would use the replacement pipeline between Heidrun and subsea…

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