The first turbine of the massive 312MW Moorabool wind farm in central-western Victoria is now connected to the state grid and generating electricity, the project’s developer Goldwind Australia said on the 16th July. Goldwind Australia managing director John Titchen said the start of the…
Premier Oil plans to shut down production permanently from the Balmoral Area of the UK central North Sea in October, the company revealed in its latest results statement. Earlier this year the company closed down its Huntington field in the same area, and is…
Premier Oil has provided an update on recent operational activities and guidance in respect of its half year financial results to 30 June 2020. Production averaged 67.3 kboepd to the end of June; 2020 guidance of 65-70 kboepd (before any contribution from the proposed…
Middle East producers are banking on robust demand from Asia for its more sulphurous and dense crude, boosting prices for the dirtier oil even as OPEC+ considers loosening cuts that would increase supply. Iraq and the UAE — two of the biggest OPEC producers…
Aberdeen Renewable Energy Group (AREG) and OGUK have signed a reciprocal membership agreement to reflect the aligned goals of supporting the energy industry to achieve net zero emissions. AREG, the membership body for renewable energy in the north east of Scotland, and OGUK, the…
We are living through one of the most extraordinary years in recent history, a year none of us will ever forget. Much has been written about the parallels with 1918, the year of the Spanish Flu, but I want to start by taking you back…
Neptune Energy has joined the European Clean Hydrogen Alliance, supporting development of the European Union’s hydrogen strategy. The alliance, formed last week with support from industry, public authorities and civil society, is part of the EU’s strategy to help Europe to become carbon neutral…
Asia is expected to witness the highest global LNG regasification capacity additions, contributing about 69% of the total regasification capacity additions by 2024, says GlobalData, a data and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, 2020…
Twinza Oil Ltd, Perth, has begun negotiations with the government of Papua New Guinea on a gas agreement for development of Pasca A gas-condensate field in the Gulf of Papua. The discussions centre on fiscal terms. Roppe Uyassi, Twinza’s PNG country manager said…
Petrobras completed offshore well 7 GLF 49H ESS in early July in half the historical time and for half the cost using the True One Trip Ultra Slender (TOTUS) concept. Pioneering use of TOTUS resulted in a 44-day well completion time compared with the…
