Merry Christmas!
In spite of all the restrictions imposed on us this year, all of us at Longdown|EIC hope that all of our readers can pull together and make the most of the Festive Season!
News
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Oil Market Predictions for 2021
Read moreStrong oil demand growth will lift prices next year. That’s one of several oil and gas market predictions for 2021 made by Wood Mackenzie analysts, which were released in an opinion piece posted on the company’s website recently. The price prediction, which was…
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India Asked to Pay US$1.2 billion to Cairn
Read moreIndia has been ordered to return over $1.2 billion to Cairn Energy Plc after Prime Minister Narendra Modi’s administration lost arbitration proceedings in a tax dispute, its second defeat since September over such levies. An international arbitration tribunal ruled that India’s tax claim was…
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Nord Stream 2 to start laying pipes in Danish waters in January
Read moreRussia’s Nord Stream 2 project is expected to start laying pipes for the gas pipeline in waters offshore Denmark in January 2021 after construction was suspended in December 2019 due to a threat of sanctions by the United States. The Nord Stream 2 gas…
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Heerema’s Thialf removes Sable facilities for ExxonMobil
Read moreEarlier this month, Heerema’s semi-submersible crane vessel Thialf completed the eight-month-long campaign to remove the Sable Project’s offshore facilities on behalf of ExxonMobil in Canada. According to Heerema’s statement on the 23rd December, the Thialf arrived in Canada in early April and mobilised to…
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Enel Green Power Brings Online Two New US Wind Farms, Including Its Largest Renewable Plant in Operation Worldwide
Read moreEnel, through its US renewable subsidiary Enel Green Power North America, has begun operating a 199 MW expansion of the Cimarron Bend wind farm in Clark County, Kansas, making the overall 599 MW facility the largest renewable plant owned by the Enel Group currently in…
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Vestas Wins 34 MW Order In The Netherlands
Read moreVestas has received an order from Eneco Verda BV, a subsidiary of Eneco BV, a leading company in the Dutch and Belgian energy sector for the 34 MW wind project Landtong Rozenburg. Located on a peninsula in the port of Rotterdam, the project features…
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Insurance Jottings
Read moreLloyd’s reduces underwriting room access to Wednesdays only amid Tier 4 restrictions Lloyd’s has limited access to the underwriting room to one day a week following the introduction of Tier 4 Covid-19 restrictions in London.
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Court Rejects Challenge to Field Near Gatwick Airport
Read moreAn activist’s effort to block oil drilling near London’s Gatwick Airport on the grounds that it would worsen climate change was rejected. A High Court judge dismissed a legal challenge from Sarah Finch, supported by the Weald Action Group, to the development of the Horse…
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Norway Court Rejects Climate Group Arctic Oil Appeal
Read moreNorway’s top court has dismissed an attempt by climate activists to halt Arctic oil exploration by Western Europe’s biggest petroleum-producing nation. The Nordic government beat back a lawsuit by environmental groups in the country’s Supreme Court, which ruled on the 22nd December the authorities…