The Dutch capital of Amsterdam has pledged to ban all petrol and diesel cars and motorcycles from 2030 as part of a plan to improve the city’s air quality. The plan, announced on the 2nd May, will start next year with a ban of…
In a corner of outback Australia, a drilling crew will soon try tapping shale rocks which could hold more than three times the world’s annual consumption of natural gas. Origin Energy Ltd plans to drill two wells later this year in the Northern Territory’s…
RockRose Energy expects to spend around $85 million on its North Sea E&P assets. Much of this is related to the Arran gas field tieback to Shell’s Shearwater platform in the UK central North Sea. Elsewhere in the sector, programmes are under way to…
Offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea, using the Island Innovator drilling rig. The well is located on PL888 Canela licence, Block 6507/7, located west of Heidrun field offshore…
Angus Energy has provided an update on operations at its Brockham well site. The BRX4Z side-track has now been successfully re-perforated from 988 – 1044m MD, in order to establish the best possible communication with the fracture system present in the Kimmeridge Clay Formation….
The Woodlands liquefied natural gas company Excelerate Energy has placed its second offshore LNG facility in Bangladesh into service. Specialising in offshore import terminals which use a special type of LNG tanker known as floating storage and regasification units, or FSRUs, Excelerate Energy said…
The outlook for oil and gas drilling in Canada continues to darken. The Petroleum Services Association of Canada (PSAC) again has lowered its forecast for 2019 drilling – to 5,300 wells drilled from 6,600 in the original forecast published last November. In January,…
One of Germany’s “big four” utilities, RWE, has announced it will no longer invest in new coal-fired power stations, instead focusing entirely on electricity generation from renewable energy sources. The company’s new direction will see it cancel plans for the BoAplus project, a 1,200…
Convex Group launches with London and Bermuda regulatory approval Stephen Catlin has formally unveiled his new international specialty (re)insurer with US$1.8 billion of initial committed capital, an AM Best A- (excellent) rating and regulated platforms in Bermuda and London approved to begin underwriting from the…
How do you get millions of barrels of dirty Russian oil out of the pipelines? Eastern European nations are working on an unprecedented logistical operation to do just that. Russian crude flows to Europe are said to have been suffering from high levels of…
