General Mills has taken one of the biggest steps thus far towards its climate goal by signing a virtual 15-year power purchase agreement with Roaring Fork Wind, LLC, a joint venture partnership between RES (Renewable Energy Systems) and Steelhead Americas, for 200 megawatts (MW) of…
Valeura Energy, the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey in partnership with Equinor, has provided an operations update concerning its Basin Centred Gas Accumulation (‘BCGA’) appraisal programme. Highlights Devepinar-1 drilled to…
Occidental Petroleum has delivered a letter to the Board of Directors of Anadarko Petroleum setting forth the terms of a superior proposal by Occidental to acquire Anadarko for US$76.00 per share, in which Anadarko shareholders would receive US$38.00 in cash and 0.6094 shares of Occidental…
Venezuela’s crude oil production, excluding condensate, fell from an average of 1.1 million barrels per day (bpd) in February to an average of 840,000 bpd in March, according to estimates in the US Energy Information Administration’s (EIA) April Short-Term Energy Outlook. In a statement…
The US’ decision not to extend sanctions waivers for eight countries importing crude oil from Iran could remove around 1.1 MMb/d from global production, according to Rystad Energy. The analyst now expects Iran’s oil output to fall to 2.27 MMb/d from July onwards. Most…
Russia’s Novatek has entered into agreements with two Chinese companies under which they will acquire participating interest in Novatek’s Arctic LNG 2 project. Arctic LNG 2 project is a major liquefied natural gas development led by Novatek on the Gydan Peninsula in Russia. The…
Vestas has received a 132 MW order from Windfarm Polska III sp z o o, owned by Stadtwerke München (SWM), for the Jasna wind project Pomorskie Voivodship, in northern Poland. Underlining the strong competitiveness of wind energy, the project was awarded at the Polish…
Article by John Hannen Currently, in the UK, a no Brexit scenario seems implausible – including that of the UK leaving the EU with a ‘No Deal’. But, just what would this scenario mean for the UK’s gas industry? In this article, Flogas,…
Exxon Mobil Corporation has made a final investment decision to expand its Fawley refinery near Southampton, the company reported on the 24th April. ExxonMobil stated that it plans to increase ultra-low sulphur diesel (ULSD) production at Fawley by nearly 45 percent – or 38,000…
Lundin Norway will drill two gas pilot wells in North Sea block 16/4, following approval from the Norwegian Petroleum Safety Authority. The semi-submersible Leiv Eiriksson will initiate the 24-day program next month on wells 16/4-U-2/3/4/5/6 in production licence 359. Source: Offshore Magazine
