Mitsubishi Corporation (MC) has reached agreement to invest in Impact Energy Asia Development Limited (IEAD), the developer of a 600MW capacity onshore wind farm project in Laos. MC will invest through an intermediate holding company together with a group company of Impact Electrons Siam…
Equinor and its partners have decided to extend operations at the Heimdal gas centre in the northern North Sea to 2023. Located in PL036, Heimdal is a gas processing and distribution hub, consisting of an integrated steel platform and riser platform. Production from…
Romanian oil and gas company Romgaz has signed an exclusivity agreement with ExxonMobil’s subsidiary in Romania for the acquisition of a Black Sea offshore block. Romgaz said on the 17th June that the exclusivity agreement grants it an exclusivity right for a period of…
The future of China’s vast oil-refining industry may hinge on what government investigators find in the small seaside city of Panjin. This little-known energy hub about 300 miles east of Beijing has emerged as the focal point of a probe which industry insiders say could…
Oiltanking and Azur Drones have successfully equipped Oiltanking’s terminal in Copenhagen with state-of-the-art drone technology to support safety and operations. The project is part of Oiltanking’s digital transformation as it enhances the use of smart and sophisticated digital technology at its sites. Safety…
Britain’s Oil and Gas Authority (OGA) has approved Hurricane Energy’s development plan addendum for the basement Lancaster oil field west of Shetland. The approval, and associated production, flare, and vent consents, will allow for production with a flowing bottom-hole pressure up to 300 psi…
Covenant Energy Ltd has let contracts to Haldor Topsoe AS and Gas Liquids Engineering Ltd (GLE) as part of the operator’s plan to advance construction of Canada’s first standalone hydrogenation-derived renewable diesel (HDRD) and sustainable aviation fuel (SAF) refinery in southern Saskatchewan. As technology…
Fast growing Chinese wind turbine manufacturer CRRC Zhuzhou Institute Company Ltd has now joined Global Wind Organisation, becoming part of a global network of stakeholders driving standards for safety. CRRC is one of the world’s top wind turbine manufacturers, with 3.84 Gigawatts of new…
Marathon Oil Corporation used to represent everything which was wrong with US shale: enormous debt loads, lavish executive pay and a seeming willingness to spend whatever it took to boost output. The company haemorrhaged money, and the stock plunged 84% from a peak in 2014…
Lime Petroleum, a subsidiary of Singapore’s Rex International, is buying Repsol’s interest in the Brage field located off Norway as part of its strategy to transform into a full-cycle E&P company. On 15 June 2021 Lime Petroleum entered into a conditional sale and purchase…
