Refiners are shifting towards renewable diesel (RD) for higher growth and better returns, according to analysis from Morgan Stanley. The prospect of higher growth and better returns through renewable diesel is attracting US refiners. With growing focus on sustainability, Morgan Stanley expects carbon reduction…
After defying US sanctions by shipping a cargo of oil condensate to Venezuela just last week, Iran is using the same ship to help the Latin American country export its crude. The Iran-flagged supertanker Honey, also known as Horse, is loading Venezuela’s top exported…
Neptune Energy and its joint venture partners BP and JAPEX have started the subsea construction phase of the Seagull tie-back project, which is located in the UK North Sea. According to information on Neptune’s website, first oil from the project is expected in 2022….
RusGazAlyans, a joint venture of Gazprom and RusGazDobycha, has completed construction of the first production well at Semakovskoye gas field in the Yamal-Nenets Autonomous Area of Russia (north-western Siberia) Commercial gas inflow was obtained, and studies will be performed to determine the reservoir properties…
National Grid Ventures, the commercial development arm of National Grid, and Dutch Transmission System Operator TenneT have announced a cooperation agreement to explore the feasibility of connecting Dutch and British wind farms to the energy systems of both countries via subsea electricity cables called interconnectors….
A new energy future beckons for the developing northern region of Bangladesh thanks to a new 150MW simple cycle power plant to be built in Saidpur, Rangpur. Global energy technology company Siemens Energy is helping with this sustainable transition after winning the project during…
CGG will soon deliver fast-track results from its recent 3D multi-client seismic survey over the Gippsland basin offshore south-east Australia. The broadband data will be available to support bidders for blocks V20-3 and V20-4, which are offered under Australia’s 2020 Offshore Petroleum Exploration Acreage…
Greece, Italy, Egypt, Israel and two other countries will form a permanent organisation to promote co-operation over natural gas in the Eastern Mediterranean. Turkey, which has raised tensions by exploring for the fuel in contested waters, is not as yet included. Energy ministers from the…
The Malin Sentinel, the final newbuild vessel of nine in a £150 million investment programme by Sentinel Marine, has arrived in Aberdeen. Sentinel Marine, a Scottish offshore support vessel provider, placed an order for nine new ships back in 2015. The Malin Sentinel…
Dogger Bank Wind Farm and GE Renewable Energy have announced contracts confirming the 13MW Haliade-X turbine for the Dogger Bank A and Dogger Bank B phases of the world’s largest offshore wind farm. The contract award, which is subject to Dogger Bank A and…
