News

  • Norway eyeing deep-sea metal mining future instead of oil

    Norway, one of the wealthiest countries in the world due to its oil and gas reserves, is looking to transition to deep-sea mining for copper, zinc, and other metals in high demand in green technologies.   According to Reuters, Norway could license companies for deep-sea…

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  • Total Becomes French Leader in Renewable Gas

    Total has announced the acquisition of Fonroche Biogaz, a company which designs, builds and operates anaerobic digestion units in France.   The company is currently the French market leader in the production of renewable gas with more than ten percent of market share, Total highlighted….

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  • Wintershall produces first gas from Sillimanite South field

    Wintershall Noordzee BV, a 50-50 joint venture of Wintershall Dea GmbH and Gazprom EP International BV, has started production of the D12-B3 well, the Sillimanite South field discovery well.   The gas field was discovered in 2020 following completion of the second Sillimanite development well…

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  • Energy from Solar Wind Favours the North

    Using information from ESA’s Swarm satellite constellation, scientists have made a discovery about how energy generated by electrically-charged particles in the solar wind flows into Earth’s atmosphere – surprisingly, more of it heads towards the magnetic North Pole than towards the magnetic South Pole.  …

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  • Boeing to Provide Six More Solar Arrays for International Space Station

    Boeing will support the International Space Station’s (ISS) growing research capabilities and commercial opportunities with new solar arrays to increase the orbiting laboratory’s power supply.   The modification to Boeing’s ISS sustainment contract with NASA calls for Boeing to deliver six additional solar arrays to…

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  • North Sea Grieg area boosts Lundin’s reserves

    Lundin Energy has updated its estimates for its 2P and 3P net resources.   As of the 31st December 2020, 2P (proved plus probable reserves) were 670.9 MMboe, an upward revision of 39.3 MMboe related mainly to the Edvard Grieg field in the North Sea….

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  • Premier Oil shareholders sign off on Chrysaor merger

    The merger between Premier Oil and Chrysaor has been approved by Premier’s shareholders and the deal is expected to close by the end of the first quarter this year.   Premier reached an agreement with Harbour’s UK operating company Chrysaor regarding a proposed all-share merger…

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  • LNG Benchmark Tops US$30

    North Asia’s liquefied natural gas benchmark rose above US$30 per million British Thermal units for the first time, breaking a barrier that few thought possible.   Freezing temperatures across north Asia have boosted gas consumption and caught short some end-users, sending the spot rate to new highs….

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  • Global gas production down 3.6% in 2020

    Global natural gas production dropped 3.6% to 3,918 billion cu m/year (bcmy) in 2020 as low oil and gas prices led to lower exploration and production, according to Rystad Energy estimates.   With production estimated to have dropped by 47 bcm to 1,103 bcm in…

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  • Neoen Plans Massive 500MW Big Battery West of Sydney

    Australia’s largest battery storage project could be built just outside of Sydney, with planning documents revealing the plans of renewable energy developer Neoen kick-starting the planning process for a 500MW/1,000MWh big battery in New South Wales.   Neoen submitted a scoping study for the project…

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