On 16 August WindEurope CEO Giles Dickson spoke at the kick-off meeting of the ELWIND project, the joint Estonia/Latvia project to develop a hybrid offshore wind farm in the Gulf of Riga. Mr Dickson gave an introduction about offshore wind developments in Europe and shared…
Hungary has accused Ukraine of meddling in its internal affairs on the 27th September after Kyiv criticized it over the signing of a new 15-year natural gas supply deal with Russia’s Gazprom. Ukraine, which stands to lose millions in transit payments, issued a statement saying Hungary’s…
A recently discovered natural gas field in the Black Sea is set to provide nearly a third of Turkey’s domestic needs when it reaches peak production capacity by 2027, Energy Minister Fatih Donmez said, unveiling details of his ambitious timeline to bring last year’s find…
China hopes to increase oil and natural gas production in the next few years to meet rising domestic demand and reduce the record-high share of imports in its oil consumption. Rystad Energy projects a surge in spending until 2025, which will be accompanied by a…
Workers in London’s Financial Services Industry Are Returning to Their Desks in Droves On the lower floors of HSBC Holdings Plc’s Canary Wharf headquarters, the desks are filling up. Traders, salespeople and close support staff not currently in the office have been told they…
Codan bolsters depleted renewable team with Sørensen hire Codan has restrengthened its renewable energy team with the hire of sector specialist and former CNA Hardy executive Jon Blønd Sørensen as CEO of its technical lines unit. Mosaic builds out UK cyber team Mosaic Insurance…
Italian oil and gas major Eni has started production from its Cabaça North development project in the Eastern area of Block 15/06 in deep waters offshore Angola using the Armada Olombendo FPSO. Eni said that the Cabaça North development, with an expected peak production…
Oil and gas company Neptune Energy has received consent from a Norwegian offshore safety authority to use the Deepsea Yantai semi-sub rig for operations on a field off Norway. The Petroleum Safety Authority Norway (PSA) said on the 27th September it has given Neptune…
TotalEnergies and Safran have signed a strategic partnership agreement to jointly develop technical and commercial solutions for the decarbonisation of the aviation industry. In line with the ambition of both companies to reach net zero CO2 emissions by 2050, this major partnership aims to…
In July, the statewide flaring rate in Texas fell to its lowest rate in years according to Railroad Commission data, falling by more than 75% since August 2019. The Commission’s recent production data report shows that the percentage of natural gas flared fell…
