News

  • Prax concludes purchase of Total’s UK refinery, downstream assets

    Prax Group (also known as State Oil Ltd), a London-based global independent trading, storage, distribution, and retail firm, has completed its proposed acquisition of Total SE’s UK downstream business, including subsidiary Total Lindsey Oil Refinery Ltd’s 109,000-b/d refinery in North Killingholme, Immingham, Lincolnshire, and associated…

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  • Moroccan Ministry supportive of Anchois gas proposals

    Chariot Oil & Gas and partner ONHYM have signed a memorandum of understanding (MoU) with Morocco’s Ministry of Industry, Trade and Green and Digital Economy.   The MoU signals the Ministry’s support of the partners’ offshore Anchois gas development as potentially providing significant volumes to…

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  • Tethys Hits Hydrocarbons Onshore Oman

    Tethys Oil AB has announced that exploration well Thameen-1, which is located on Block 49 onshore the Sultanate of Oman, has encountered hydrocarbon shows in its primary target, the Hasirah Sandstone.   The company said the next step in evaluating the well is to commence…

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  • Woodside to withdraw drilling team from Myanmar

    Woodside Petroleum has decided to withdraw its workers from its drilling program offshore Myanmar in response to suspected human rights violations following the military coup in the country.   Woodside initially continued drilling after the coup in early February but said on the 27th February…

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  • Vestas Secures 126 MW EnVentus Order in Ukraine

    Vestas has announced it has signed the first EnVentus order in the Eastern Europe region for the 126 MW DTEK Tiligulska project in Ukraine, building on a track record of 660 MW already installed by Vestas in Ukraine.   The Tiligulska project is being developed…

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  • People in the News

    Axa XL bolsters UK downstream and power unit with StarStone’s Bishop Axa XL has named StartStone’s Matthew Bishop as downstream and power senior underwriter for the UK and Lloyd’s market.   Lancashire names Jones group head of specialty insurance London-listed Lancashire has named former Axa…

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