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  • People in the News

    Markel hires AGCS’s Castriotta to cyber team Kelly Castriotta has joined Markel Corporation as senior director, global cyber underwriting, having most recently served as head of cyber underwriting and product development for financial lines at Allianz Global Corporate & Specialty (AGCS).   EPIC adds Marsh’s…

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  • Russia Sees Oil Above US$50 in 2021

    Russia sees oil prices averaging US$50 to US$55 a barrel in 2021 as the development of Covid-19 vaccines spurs an economic recovery, said Energy Minister Alexander Novak.   That would be an improvement from this year and enough to cover Russia’s budget, but still well…

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  • RWE expands its renewables business in the Netherlands

    RWE is making good progress in expanding its solar business.   Having recently completed the construction of solar farms in the US, Canada and Spain, the company has now started the construction of its first ground mounted solar project in the Netherlands.   The solar…

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  • Rolls-Royce Supplies Battery Storage for Microgrid on Cook Island

    Rolls-Royce has been awarded a contract to supply three 40-foot MTU-brand battery containers for a microgrid on the Pacific island of Rarotonga.   The MTU EnergyPacks will be integrated by Vector Powersmart, an energy solutions provider in New Zealand, into an existing power plant run…

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  • Bakong gas field goes onstream offshore East Malaysia

    SapuraOMV Upstream says production is now stable from its Bakong gas field offshore Sarawak, which came onstream in June.   Bakong is part of the same SK408 production-sharing contract (PSC) as the company’s operated Larak gas field, which entered production started last December, and the…

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  • OGA offers awards for UK’s 32nd Offshore Licensing Round

    The Oil and Gas Authority (OGA) offered for award 113 licence areas over 259 blocks or partial blocks to 65 companies in the UK’s 32nd Offshore Licensing Round.   The round offered blocks in mature, producing areas close to existing infrastructure, under the flexible terms…

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