Lloyd’s heavyweights lead 2020 pre-emption approvals With the 2020 syndicate business approval process well underway, Lloyd’s blue-chip carriers Beazley, Hiscox and Tokio Marine Kiln head the list of syndicates with third-party capital that have received approval to expand significantly next year. Chinese companies eye…
The busiest US fuel pipeline might expand jet fuel deliveries to respond to growing demand in the home of country music. Shippers on Colonial Pipeline Company, which carries as much as 1.37 million barrels a day of fuel from the Houston area to North…
Recently established North Sea-focused oil and gas company Waldorf Production has agreed to buy Endeavour Energy UK. In a statement on the 22nd October, Waldorf Production said the acquisition marked the company’s entry into the UK North Sea, “firmly establishing the company as a…
JinkoSolar Holding Company Ltd, one of the largest and most innovative solar module manufacturers in the world, has announced that it has supplied 13.6 MW of PV solar modules to Photon Energy Solutions HU Kft (“Photon Energy”) for installation in three projects composed of 19…
The future of two projects in the Kazakh sector of the Caspian Sea is uncertain following multiple withdrawals by the various partners. Shell decided to exit the Khazar project and the Kashagan consortium is pulling out of the Kalamkas More development. Ashley Sherman,…
Fugro has signed a Memorandum of Understanding (MoU) with Underwater Survey Technology 21 (UST21) in a move which opens up the South Korean offshore wind farm market. Growing demand for alternative energy sources has led South Korea to explore its potential for wind energy,…
Total oil production from Atrush field in Iraq’s Kurdistan region has reached 45,000 b/d, reported Vancouver-based ShaMaran Petroleum Corporation, holder of a 27.6% working interest in Atrush block. The field, which lies 85 km north-west of Erbil, is one of the largest new oil…
The installation of solar PV systems on homes, commercial buildings and industrial facilities is set to take off over the next five years, transforming the way electricity is generated and consumed, according to the International Energy Agency’s latest renewable energy market forecast. These applications…
Jadestone Energy Inc has submitted a development plan for the Nam Du and U Minh gas fields offshore south-western Vietnam. Assuming PetroVietnam’s endorsement, the plan will then require approval from the Vietnamese government, but Jadestone expects to get the go-ahead later this year. …
Temasek, the Singaporean investment company owned by the Government of Singapore, has announced its plans to buy a controlling interest in Keppel Corporation. Temasek, which currently owns 20,45 percent in Keppel, intends to offer S$7.35 per share for 30,55% Keppel shares, an offer estimated…
