Saudi Aramco is joining the World Bank Initiative: ‘Zero Routine Flaring by 2030.’ The company says it is strongly committed to reducing flaring, which accounted for less than 1% of its total raw gas production during the first half of this year. Ahmad…
The New Zealand Rural Connectivity Group (RCG) has chosen Redflow zinc-bromine flow batteries to store energy in off-grid telecommunication sites in remote rural locations. Commercial negotiations to establish a direct relationship between RCG and Redflow to purchase batteries are now underway. The RCG…
Alberta’s delay in announcing the sale of its crude-by-rail contracts is hindering oil exports just when a pipeline shutdown has made train shipments vital. Oil producers are leaning on rail capacity now that TC Energy shut its 590,000 barrel-a-day Keystone pipeline due to a…
Australian oil and gas company Woodside has completed subsurface studies on the Scarborough gas field, resulting in a resource volume increase of 52 percent. Woodside said on the 8th November that the estimated gross contingent resource (2C) dry gas volume for the Scarborough field…
Ivory Coast wants more explorers for oil and gas as it seeks to boost economic growth, according to Energy Minister Abdourahmane Cissé. The West African nation opened a new licensing round for five offshore blocks which are close to other discoveries and infrastructure, Mr Cissé said…
Iran has discovered a new oil field in the southwest of the country which has the potential to boost its reserves by about a third, President Hassan Rouhani said on the 10th November. Mr Rouhani said that the National Iranian Oil Company had found…
According to Reuters on the 8th November, trade sources have reported that Argentina’s YPF SA has loaded its first commercial LNG cargo for export from a new floating LNG (FLNG) unit located off Bahia Blanca. This follows the news in June this year, when…
European majors remain committed to E&P West of Shetland (WoS) despite the recent withdrawals by Chevron and ConocoPhillips, according to GlobalData. However, infrastructure restraints could hinder future growth potential in the basin. Around 75% of blocks offered under the 30th UK Offshore Licensing…
Latin American states like Colombia have been important producers of oil and gas for this southern continent, the Caribbean and North American markets. Colombia’s crude oil production is primarily located onshore, in the north-west and centre of the country, close to major refined product-consuming…
Cyprus has approved the development plan and granted an exploitation licence for the Aphrodite offshore gas field to a Noble Energy-led consortium. First gas is expected to start flowing in 2025. Noble Energy operates the offshore Block 12 containing the Aphrodite discovery with a…
