Cenovus to focus 2019 budget on Foster Creek, Christina Lake

Cenovus Energy Inc, Calgary, expects to allocate the majority of its planned 2019 budget of US$1.2-1.4 billion to sustain base production at its Foster Creek and Christina Lake oil sands operations.   The company also plans to complete construction of the Christina Lake Phase G…

Read more

Total to further expand oil exploration footprint in Mauritania

Global energy company Total and the Mauritanian Ministry of Petroleum, Energy and Mines have signed an agreement which awards Total two new exploration and production contracts for blocks C15 and C31, which are deep offshore Mauritania.   The contracts cover an area of 14 175…

Read more

People in the News

Energi appoints CUO to support Vermont captive Insurance programme provider Energi has appointed Michael Windstein as chief underwriting officer.   In this role, Mr Windstein will be supporting the underwriting operations of Energi’s recently introduced Vermont-domiciled captive, eCaptiv, which offers programmes for the energy and…

Read more

ADNOC Claims Industry First

Calling the move unprecedented, Abu Dhabi National Oil Company (ADNOC) reported on the 11th December that it has safely completed the first co-loading of liquefied petroleum gas (LPG) and propylene onto the same vessel.   The products are typically shipped separately.   According to ADNOC,…

Read more

UK approves Chevron’s plan for Captain EOR project

UK’s Oil and Gas Authority (OGA) has approved Chevron’s field development plan to progress its Captain Enhanced Oil Recovery (EOR) project in the Central North Sea.   Chevron made the Final Investment Decision to proceed with the first phase of the Captain EOR project back in October…

Read more

EU, World Bank support Iraq Energy Sector Reforms

In the framework of the financing agreement signed on the 11th December by the Government of Iraq (GoI) and the European Union (EU) committing €14 million (US$15.8 equivalent) to support the government’s efforts to ensure increased and more reliable energy access for the Iraqi population,…

Read more

Yamal LNG begins Train 3 exports

PAO Novatek has begun LNG exports from Train 3 of its Yamal LNG plant in Russia, reaching the site’s planned full capacity of 16.5 million tonnes/year.   Novatek said it completed work on the 5.5-million tpy third train more than a year ahead of schedule….

Read more

Allete, Xcel Energy ink new 5-year contract for existing wind farms

Allete Clean Energy, a Minnesota-based independent power producer and supplier, has recently approved a new five-year power sale agreement between its Viking wind farms in southern Minnesota and Xcel Energy, Inc, whose original 15-year PPAs will expire in December 2018.   As per an official…

Read more