A review of nuclear power and predictions for future performance

Article by Stephen Aw Amongst the growth of the renewable energy sector and the negative coverage surrounding the industry, it has not been plain sailing for the nuclear power sector of late.   However, is the negativity surrounding the industry justified? Looking behind the headlines…

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Bright Skies for Plant–Based Jet Fuels

With an estimated daily fuel demand of more than five million barrels per day, the global aviation sector is incredibly energy-intensive and almost entirely reliant on petroleum-based fuels.   Unlike other energy sectors such as ground transportation or residential and commercial buildings, the aviation industry…

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Alberta Increases Oil Production Limits

Alberta has increased its oil production limits for May and June, the Alberta government announced earlier this week.   May’s production limits will increase by a total of 25,000 barrels per day followed by another 25,000 more barrels per day in June.   “As we…

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Malaysian explorers targeting new deep-water plays

Deepwater frontier successes are needed to sustain future exploration offshore north-west Borneo, according to a new report by Westwood.   “Sabah & Sarawak Basins: Looking deep into NW Borneo” reveals that 153 exploration wells have been drilled in the region since 2008, resulting in 37…

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Topaz gets BP extension for 12 vessels in Azerbaijan

Topaz Energy and Marine, an offshore energy logistics company, has signed contract extensions for 12 of its vessels currently supporting the offshore operations of BP Exploration (Caspian Sea) Limited in Azerbaijan.   Topaz said on the 20th March that, under the terms of the agreement,…

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Aker BP makes North Sea oil, gas discovery

Aker BP has confirmed an oil and gas discovery with a gross resource estimate of 60-130 million boe from the Froskelar Main exploration well in licence 869 in the North Sea’s Alvheim area.   The nearby 24/9-3 (Gamma) oil discovery can be viewed as being…

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Demand for Russian Gas In France Continues To grow

A working meeting between Alexey Miller, Chairman of the Management Committee of Gazprom, and Isabelle Kocher, CEO of Engie, took place in St Petersburg on the 15th March.   Through their respective representants, Gazprom and Engie discussed current Russian gas supplies to France.   By…

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Insurance Jottings

Brexit Makes It Harder for Fintech, Financial Services Firms to Recruit Top Talent: Report Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said on the 19th March, threatening to slam the brakes on a…

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