New oilfields discovered in Belarus

Belorusneft has discovered two new oilfields, Izbynskoye and North Omelkovichi, in Khoiniki district, Gomel region, south-east Belarus.   Reserves of light, sweet, low-viscosity oil with high light fraction yield are estimated in excess of 2.5 million tons.   The discoveries increase prospects and resource potential…

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Brent Over US$40 as OPEC+ Cut Extension Looks Likely

Brent oil rose above US$40 a barrel for the first time in almost three months on signs that OPEC+ producers are close to agreeing on a short extension of their historic deal to cut output.   Futures in London climbed around 2% after closing at…

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Dorado FPSO enters pre-FEED phase

Carnarvon Petroleum has issued a progress update on the Dorado field development in the Bedout basin offshore Western Australia, operated by Santos.   The proposed offshore facilities include an FPSO and a wellhead platform.   Three contractors are working on pre-front-end engineering design (pre-FEED) for…

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Wärtsilä and Partners Develop Emissions-Free Barge Concept

The technology group Wärtsilä has joined a consortium of key partners to form Zero Emission Services BV (ZES), an enterprise aimed at making inland waterway shipping more sustainable.   The other founders of ZES are ING Bank, energy and technical service provider Engie, and the…

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HollyFrontier converting Wyoming refinery into renewable fuels plant

HollyFrontier Corporation will permanently cease processing of crude oil at its 52,000-b/d refinery in Cheyenne, Wyoming., and convert the plant into a renewable diesel refinery by 2022 as part of the operator’s increased focus on expanding and integrating its renewables business.   Approved by the…

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Fire Extinguished on Suncor FPSO

A fire was successfully extinguished on board Suncor Energy’s Terra Nova floating production, storage and offloading vessel on the morning of the 30th May, according to a incident disclosure from the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) on the 1st June.   The fire…

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Green light to Ineos for Cavendish field decommissioning plan

UK authorities have approved Ineos’ decommissioning plan for the removal of the Cavendish platform and associated pipelines located in the UK southern North Sea.   The Cavendish field is located some 125 kilometres east of the UK coastline at Flamborough Head and 65 kilometres west…

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