News

  • Total, Apache to appraise offshore Suriname oil discoveries

    Apache Corporation has filed appraisal plans for its Maka and Sapakara oil discoveries in block 58 offshore Suriname.   A further submission should follow by year-end for Kwaskwasi, the largest find on the block to date, the company said in its latest results statement.  …

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  • Exelon May Split Its Utilities From Nuclear, Generation Business

    Exelon Corporation has confirmed that it is exploring a plan to separate its multistate utilities businesses from its generation business, which is preparing to close two of its 21 nuclear power plants due to money-losing market conditions.   CEO Chris Crane confirmed the “review of…

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  • OGUK launches first-of-its-kind D and I survey to drive sector change

    OGUK has launched a first-of-its-kind survey that will deliver a baseline for diversity and inclusion (D&I) demographic and sentiment within the sector, and act as an essential catalyst for progress and change.   As the energy mix becomes increasingly integrated, differences of perspective and background…

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  • Philippines Okays Drilling in South China Sea

    The Philippines said oil exploration in the disputed South China Sea can proceed without China, in what could be a further sign of the Southeast Asian nation’s tougher stance against Beijing.   Philippine Energy Secretary Alfonso Cusi said PXP Energy Corporation can survey Reed Bank…

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  • Turkey starts drilling second well in Black Sea

    Turkey has begun drilling a second borehole on the Sakarya natural gas field in the Black Sea where it made its largest-ever discovery earlier this year with the Tuna-1 (Danube-1) well.   Turkish President Recep Tayyip Erdoğan announced last month that the Tuna-1 discovery holds…

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  • Wyoming CO2 pipeline system granted federal EIS

    The state-run Wyoming Pipeline Corridor Initiative (WPCI) has received the US Bureau of Land Management’s (BLM) final environmental impact statement (EIS) for the federally managed portions of its proposed 1,914-mile CO2 pipeline system.   The system would cross about 1,150 miles of BLM-managed land, transporting…

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