Are Foreign Oil Firms About to Return to Venezuela?

Inside a chic lounge, oil lobbyists and executives rub shoulders as Spanish, French and Italian can be heard in the halls. This isn’t the ZaZa boutique hotel in Houston, where global energy top brass like to stay. It’s the Cayena Hotel in the Venezuelan capital of Caracas….

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US warns entities involved in Nord Stream 2 to abandon work

On the 18th March, the US State Department reiterated its warning that any entity involved in Russia’s Nord Stream 2 offshore pipeline project risks US sanctions and should immediately abandon work on the pipeline.   The US Secretary of State, Antony Blinken, said: “As the…

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Scania Reports Progress on Climate Targets

For the first time since Scania set its Science Based Targets, the company reports on the progress on emission reduction both from its own operations and from vehicles in use.   In its own operations, Scania has already decreased carbon emissions by 43 percent from…

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ABB to power Mozambique LNG project

CCS JV, comprising Saipem, McDermott and Chiyoda, has contracted ABB to deliver an end-to-end electrification package for Total’s Mozambique LNG project.   The company’s team in Singapore will build 14 large onshore electrical houses (e-houses) or prefabricated electrical substation buildings.   The company will also…

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Blue Energy signs gas supply deal with Origin Energy

Blue Energy Ltd, Brisbane, has executed a non-binding heads of agreement with Origin Energy Ltd, Sydney, to supply up to 300 petajoules of gas over 1tenyears from Blue’s Bowen basin coal seam gas resources in Queensland.   The gas is to be delivered to the…

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Several US States Sue Biden Admin over Keystone XL Pipeline

Texas and several other US states have sued the administration of President Joe Biden over his decision to revoke a key permit for the Keystone XL pipeline, Texas Attorney General Ken Paxton said in a statement late on the 17th March.   The lawsuit states…

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Chrysaor discovers hydrocarbons in southern North Sea

Chrysaor discovered hydrocarbons from logs and cuttings on entering the reservoir in the Jerv 15/12-25 exploration well in production licence (PL) 973, south of Grevling and Storskrymten discoveries in the southern North Sea, partner OKEA ASA said in a release on the 17th March.  …

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Eni and Shell Acquitted in Lengthy Court Case

Eni SpA, Royal Dutch Shell Plc and several of their current and former executives have been acquitted of corruption charges related to a Nigerian oil deal by a court in Milan.   The verdict ends a three-year legal saga which loomed large over the tenure…

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Aker Solutions, Heerema to decom Equinor’s Heimdal and Veslefrikk fields

Norwegian oilfield services company Aker Solutions has signed a ‘sizeable’ letter of intent with Heerema Marine Contractors (HMC) for decommissioning work on Equinor’s Heimdal and Veslefrikk fields off Norway.   Aker Solutions said on the 18th March that the scope includes reception, dismantling and recycling…

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