A fascinating duality is emerging for Australia’s power sector. Easily the country’s largest source of greenhouse gas emissions, Australia has simultaneously become a global leader in renewable energy deployment and has also remained one of the worst countries in the world in terms of reliance…
Predator Oil & Gas is making a submission for public consultation concerning its proposed floating storage and regasification unit and LNG project offshore Ireland (Project Rainbow). This is in conjunction with the company’s application for Marine Area Consent for the project Rainbow as being in…
Marine insurers to avoid ‘black swan event’ as Ever Given refloated Marine insurers look set to avoid worst-case scenario losses from events in the Suez Canal as the Ever Given has been freed from the shoreline after nearly a week blocking the trade route. …
Abu Dhabi has started trading futures contracts for Murban crude, its biggest oil grade, in a bid to create a benchmark for the energy market. The aim is “to make sure that Murban is a globally freely traded commodity and allows everybody around the…
Oil and gas company Neptune Energy has reduced the upper range of its volume estimate for the Dugong discovery, located in the Norwegian sector of the North Sea, following an appraisal well drilling. Neptune revealed it had found hydrocarbons in the Dugong exploration well…
The chairman of Russian gas producer Gazprom’s board was cited by the TASS news agency on the 26th March as saying that construction of the Nord Stream 2 gas pipeline to Germany would be completed this year despite US opposition to the project. The…
Total, through its affiliate Total Quadran, one of the leading renewables players in France, has announced the commissioning of the solarisation project at L’Oréal’s Vichy production plant. The project consists of photovoltaic parking lot awnings and charge points for electric vehicles. The renewable electricity…
Santos has resumed production through the FPSO Ningaloo Vision offshore Western Australia following scheduled maintenance in drydock in Singapore. The vessel, connected to the Van Gogh, Coniston and Novara oil fields, is currently ramping-up production again and should reach 10,000 b/d in the next…
Houston-based Talos Energy has announced that the unitisation process of the giant Zama oil field, located in Mexican waters, will enter its next phase, as established in Mexican regulation. Discovered in 2017 by the Talos-led consortium, Zama is a shared reservoir which extends from…
New Mexico, home to the most prized portion of the Permian Basin shale formation, has become the latest state to impose stricter rules to combat the flaring and venting of natural gas. The five-member New Mexico Oil Conservation Commission voted unanimously on the 25th…
