News

  • BHP Caribbean Project Starts Production

    BHP has begun producing oil from the Ruby Project offshore Trinidad and Tobago, the company has reported.   Located in shallow water in Block 3(a) within the Greater Angostura Field, Ruby is projected to be capable of producing up to 16,000 gross barrels of oil…

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  • Brazil’s Petrobras Reopens Bidding for Golfinho Oilfields

    Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster, two sources told Reuters, following a rise in crude prices over the last several months.   Golfinho is one of dozens of legacy production assets which Petroleo Brasileiro SA, as the…

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  • Liuhua 29-2 gas field goes onstream offshore China

    CNOOC has produced first gas from the deep-water Liuhua 29-2 field in the eastern South China Sea.   The field is in 750 metres (2,460 feet) water depth, 300 km (186 miles) south-east of Hong Kong. It produces via one well with a subsea wellhead,…

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  • Hawaii Approves Massive Battery Storage Project to Help End Coal Power

    Hawaiian regulators have approved the proposed 185MW/565MWh Kapolei Energy Storage battery energy storage project on the island of Oahu, paving the way for San Francisco-based developer Plus Power to begin construction on behalf of Hawaiian Electric Company.   The Hawaii Public Utilities Commission approved the…

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  • Jet Fuel Use Set to Surge 30% in USA

    It’s the postponed weddings and family reunions. It’s meeting new-born grandchildren and attending memorial services for loved ones lost to the pandemic. It’s the rebooked trips to Maui and adventures in new cities.   All that travel demand has been piling up for more than…

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  • Australia to see 118 oil and gas project starts by 2025

    Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData.   The analytics firm said that this number accounts for 6 per cent of the total project starts in the…

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  • Breakthrough for Equinor in Polish Offshore Wind

    Poland’s Energy Regulatory Office (ERO) has announced Equinor and Polenergia’s Baltyk II and Baltyk III projects were awarded contracts for difference (CfD) under the first phase of Poland’s offshore wind development scheme.   The projects, with a combined potential capacity of 1440 MW, are among…

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