News

  • Iran to start Khesht field production

    Iranian Central Oil Fields Company, one of the major production companies of the National Iranian Oil Company, plans to start crude production at Khesht oil field on the 21st March.   Development of the field is nearly 90% complete, the company said on the 22nd…

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  • Sardinia LNG terminal nears completion

    Construction of Higas SRL’s LNG terminal at the port of Oristano, western Sardinia, is in its final phase. The terminal, Sardinia’s first, is expected to enter service first-half 2021, operated and maintained by Reganosa.   The terminal includes a jetty capable of receiving LNG vessels…

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  • Avacon to Use Rolls-Royce Battery Solution

    An mtu EnergyPack from Rolls-Royce is at the centre of a field test being carried out in the German State of Niedersachsen with the aim of supplying power sustainably and, as far as possible, independently of the public utility grid.   The project name is…

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  • Fenix gas project under review offshore Argentina

    Total and its partners are working to progress the Fenix gas field development offshore southern Argentina towards a final investment decision, according to Wintershall Dea CEO Mario Mehren.   Mr Mehren, speaking at a results presentation, said that the recent decision by Argentina’s government to…

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  • Geldof announces six tanks renovated and back in service

    Engicon nv (Geldof), Belgium, has announced that six of its tanks have been renovated and successfully put back into service by Team Terminal.   The company said: “While five tanks have already been renovated by us and successfully put back into service by Team Terminal,…

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  • Insurance Jottings

    Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine Lloyd’s insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on the 23rd February, adding to a growing list of Lloyd’s insurers who have made similar pledges.   Carmichael has provoked…

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  • Total Concerned with Myanmar Situation

    Total has noted that it is concerned with the current situation in Myanmar and revealed that it is closely following developments in the country and working to ensure the health, safety and security of its employees and contractors.   Through its subsidiary Total E&P Myanmar,…

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  • Occidental: Low-carbon business earnings could match oil

    The chief executive of US oil company Occidental Petroleum has stated that the company’s low-carbon business would generate earnings equal to its oil and gas production business in the coming decades.   Occidental has been an early mover among US oil producers in setting ambitious…

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