Genel Energy has published its first comprehensive Sustainability Report, prepared in accordance with the Global Reporting Initiative (‘GRI’) Standards core option. Bill Higgs, Chief Executive of Genel, said: “Genel has had a longstanding commitment to positively impact the communities in which we operate. This…
Sri Lanka oil tanker fire threatens latest large P&I market loss The marine market is bracing for another potential sizeable loss as it closely monitors the situation off the coast of Sri Lanka where a very large crude carrier (VLCC) carrying two million barrels of…
Swiss Re CorSo Canada names third property and energy head in two years Swiss Re Corporate Solutions (CorSo) has appointed its third head of property and energy Canada in just over two years with James Gasco stepping up and taking on the role. Munich…
UK oil and gas firm Premier has seen the jacket and topsides sent off to their final destination at the Tolmount field in the Southern North Sea. The infrastructure will meet the Sleipnir heavy lift vessel for installation in late September / early October….
BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more. Oil consumption may never return to levels seen before the coronavirus crisis took hold,…
Malabar Resources has won state government approval to build a 25MW solar farm on a former open cut coal mine in the Hunter Valley region of New South Wales. The solar farm was proposed in March 2019 by Malabar, as part of the rehabilitation…
PGS’ Ramform Tethys has started a new project in the Barents Sea which uses what the company claims is the most advanced configuration ever towed by a seismic streamer vessel. Last weekend, the Ramform Tethys reconfigured from a wide-tow triple source set-up to an…
Two of Europe’s biggest oil companies have urged Texas regulators to end the routine flaring of natural gas, joining with large investors who want greater oversight of the harmful environmental practice. BP Plc and Royal Dutch Shell Plc are calling for tougher rules than…
CNOOC Limited has started production from the Nanbao 35-2 oilfield S1 area located offshore China. The Nanbao 35-2 oilfield S1 area is located in the central Bohai with an average water depth of 17 metres. In addition to fully utilising the existing facilities…
Pharos Energy gas has announced that it has received approval from the Prime Minister of Vietnam for the TGT Full Field Development Plan (‘FFDP’). This represents the last stage of the required process and follows the recent approval of an initial two-year licence extension…
