News

  • Liebreich: Energy Efficiency Key To Covid-19 Recovery

    We are living through one of the most extraordinary years in recent history, a year none of us will ever forget. Much has been written about the parallels with 1918, the year of the Spanish Flu, but I want to start by taking you back…

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  • Neptune joins hydrogen alliance

    Neptune Energy has joined the European Clean Hydrogen Alliance, supporting development of the European Union’s hydrogen strategy.   The alliance, formed last week with support from industry, public authorities and civil society, is part of the EU’s strategy to help Europe to become carbon neutral…

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  • Asia dominates global LNG regasification capacity additions

    Asia is expected to witness the highest global LNG regasification capacity additions, contributing about 69% of the total regasification capacity additions by 2024, says GlobalData, a data and analytics company.   The company’s report, ‘Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2020…

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  • MOL Discovers Significant Reserves in Pakistan

    MOL revealed on the 14th July that it has discovered “significant” gas and condensate reserves in Pakistan.   The Mamikhel South-1 exploratory well, which is located in Pakistan’s TAL Block, achieved a flow rate of 6,516 barrels of oil equivalent per day during testing, according to…

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  • Mubadala boosts output capacity at Manora field

    Mubadala Petroleum has increased the production capacity on the Manora oil field in the Gulf of Thailand following the completion of the 2020 development drilling and workover programme.   The Manora field is located in the G1/48 concession in the Gulf of Thailand, operated by…

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  • Weatherford signs 18-month contract with Iraqi Drilling Company

    Weatherford International has signed an 18-month contract with the Iraqi Drilling Company (IDC) to provide services and project management for the drilling and completion of twenty wells in the Al-Nasiriyah field in the Dhi Qar province in southern Iraq.   Basim Khudair, General Director for…

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  • Borssele 1 & 2 array cables installed offshore the Netherlands

    Ørsted and Van Oord have installed all 94 array cables connecting the turbines of the Borssele 1 & 2 offshore wind farm in the Dutch North Sea.   The installation started, ahead of schedule, in February 2020.   Van Oord’s cable-laying vessel Nexus installed the…

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  • Will Covid-19 Hasten The Demise Of Fossil Fuels?

    The fossil fuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global Covid-19 pandemic is pushing it over the edge and into “terminal decline”.   Although global coal consumption…

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