Uranium Energy Corporation (UEC) has applauded the US Department of Commerce (“DOC”) for negotiating an amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation (“RSA”) which reduces America’s dependence on Russian natural uranium concentrates up to 75% from prior levels….
Abu Dhabi’s main sovereign wealth fund disclosed a 5.1% stake in Cheniere Energy Inc, the largest US exporter of liquefied natural gas. Abu Dhabi Investment Authority disclosed its holding in a filing dated the 14th September, giving it an interest in Cheniere valued at…
Italian oil and gas player Eni has made a new gas discovery in the Great Nooros Area, located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt. Eni is the operator of the Block located in…
Hungary’s MOL Group has let a contract to Frames Group BV, Alphen aan den Rijn, the Netherlands, to supply a new hydrogen recovery and purification system for converting low-purity hydrogen by-product into a high-purity gas stream for subsequent processing at its 8.1-million tonnes/year Duna refinery…
Subsea 7 has contracted JDR to supply a 9.3-km (5.8-mile) production and control umbilical, topsides equipment and subsea terminations for the Elgood field development in the UK southern North Sea. The umbilical, due to be delivered next spring, will connect the Elgood subsea well…
ABO Wind is off to a strong start in Poland. The company’s first Polish project will be constructed in 2021. Donaborów wind farm is located about 90 kms northeast of Wroclaw and is planned to consist of 9 Siemens Gamesa SG114 turbines with a…
The oil market is even more fragile as the uncertainty created by COVID-19 shows little sign of abating, the International Energy Agency said in its September oil market report. A resurgence of COVID-19 cases in many countries, local lockdown measures, continued teleworking, and the…
Dutch FPSO provider SBM Offshore and Brazilian oil giant Petrobras are in talks for the charter of an FPSO vessel for operations on the Buzios field located in the Santos basin, offshore Brazil. In an update on the 15th September, Petrobras said it has…
Venezuela’s capacity to produce some much-needed gasoline and diesel of its own hinges on a single oil play. To tap it, the Nicolas Maduro regime is willing to cannibalise the country’s crumbling energy infrastructure to pay contractors with scrap metal. Unlike the tar-like crude…
The drillship Noble Sam Croft has started drilling the Keskesi East-1 in block 58 offshore Suriname. Operator Apache and partner Total plan to test upper Cretaceous targets in the Campanian and Santonian intervals at the location, 14 km (nine miles) south-east of the Sapakara…
