BP Canada Energy Group ULC was the sole bidder for the latest Canada-Newfoundland and Labrador Offshore Petroleum Board licensing round. Call for Bids NL20-CFB01 comprised 17 parcels (totalling 4,170,509 ha) in the Eastern Newfoundland Region. BP was awarded Parcel 9 (264,500 ha) after pledging…
ITK has updated its price and new supply estimates as we do each quarter, and the results are not good news for the incumbent coal generators. The main conclusions are that, rather than slowing down, there has actually been about 3.5GW of utility-scale wind…
Zenith Energy, the listed international oil & gas production company focused on pursuing African development opportunities, has announced that, in agreement with SOCAR (State Oil Company of the Azerbaijan Republic), the Contract Exploration Area (‘CEA’) of its 25-year REDPSA (Rehabilitation, Exploration, Development and Production Sharing Agreement)…
Joe Biden offered American voters a different vision of energy policy from President Donald Trump, Wood Mackenzie said in a note on the 7th November. Mr Biden looks to enter the White House with a goal of setting the US on course for net…
RLI Promotes Ahrens to VP, Inland Marine Specialty insurer RLI Corporation, based in Peoria, Illinois, has promoted Blake Ahrens to vice president, Inland Marine,. Mr Ahrens previously served as assistant vice president, Inland Marine. In his new role, he will continue to lead RLI’s…
Scottish energy company ScottishPower Renewables has said that it has achieved a “pioneering world first” by using power from the Dersalloch wind farm to re-energise a blacked-out section of the country’s power grid. ScottishPower, a subsidiary of Spanish energy giant Iberdrola, which has recently…
Qatar and Singapore has the first long-term liquefied natural gas deal which details pollution from the fastest growing fossil fuel. The accord is the latest sign of how the gas industry is focusing on getting cleaner. Even if the fuel is much less polluting…
Offshore drilling contractor Noble Corporation is preparing to emerge from Chapter 11 bankruptcy with a temporary name change to allow continued use of its name upon emergence. Noble Corporation said on the 6th November that it had changed its name to Noble Holding Corporation…
Shell has reaffirmed to partner Deltic Energy and the Oil and Gas Authority (OGA) its commitment to drilling the Pensacola gas prospect in the UK southern North Sea in late 2021. According to Deltic, the well on licence P2252 could be a potential play-opener….
Flow tests continue on Gazprom’s Leningradskoye discovery well in the Kara Sea offshore north-west Russia. Current tests are focused on the upper levels of the well, with flow rates having exceeded 1 MMcm/d of gas. This is a record-high for any field on the Russian Arctic…
