International

Eni announces oil discovery and production in Egypt’s South West Meleiha Concession

Eni announces oil discovery and production in Egypt’s South West Meleiha Concession

Oil&Gas


Eni announces the discovery of new oil resources in the Western Desert of Egypt with a new exploration well in the South West Meleiha Concession. Production in the Concession started just one year ago and is now in excess

July 28, 2020 - 5:25 am Crude Oil News, Energy News, International
Featured Thumbnail

Shanghai Electric Shares China’s Wind Power Market Outlook in talk with Bloomberg NEF

SHANGHAI , July 27, 2020 /PRNewswire/ — With China’s first 8MW offshore wind turbi…

July 27, 2020 - 10:52 am International, Press Releases, Renewable Energy, Wind
Noble Energy’s buyout: what it means for Cyprus’ gas

Noble Energy’s buyout: what it means for Cyprus’ gas

Cyprus Mail


Oil & Gas 360 Publishers Note: This is part a larger issue going on in the Mediterranean. There are many countries trying to jockey for the lowest cost, and long term, acquisition of natural gas. This is causing

NRG Energy Acquires Direct Energy for $3.625 Billion in Cash

NRG Energy Acquires Direct Energy for $3.625 Billion in Cash

Nasdaq


Energy provider NRG Energy (NYSE: NRG) has announced it is acquiring Direct Energy, a North American subsidiary of U.K.-based Centrica PLC (OTC: CPYYF). The all-cash deal is for $3.625 billion, and is expected to close by the end …

How ESG investing can help transform Latin America

How ESG investing can help transform Latin America

World Economic Forum


Oil & Gas Publishers Note: It is nice to look at many different types of articles and opinion articles. While I agree with some of the article, however, take it with a grain (or block) of salt

July 26, 2020 - 6:58 am Climate Change, International, Politics & Opinions
Oil Profitability Around the World – or – What is the cost to keep their social programs running?

Oil Profitability Around the World – or – What is the cost to keep their social programs running?

RarePetro


Oil & Gas 360 Publishers Note: This is an outstanding piece from Kevin about world oil costs and what the countries need to make in order to keep up with their social programs. We have been covering this topic,

Russia’s ethane production is expected to increase more than ten-fold by 2025

Russia’s ethane production is expected to increase more than ten-fold by 2025

EIA


Before 2020, Russia’s natural gas processing plant ethane production was approximately 25,000 barrels per day (b/d). If all planned natural gas projects come online, Russia could produce nearly 300,000 b/d of ethane from more than 70 billion cubic feet …

Rosen Group Unveils New Tank Bottom Inspection Service

Rosen Group Unveils New Tank Bottom Inspection Service

360 Feed Wire


Stans, Switzerland, July 2020 – The ROSEN Group introduces the new TBIT Ultra service for inspection of Aboveground Storage Tanks.

 The complex nature of corrosion has compelled ROSEN’s inspection and integrity specialists to consistently improve their knowledge, …

July 23, 2020 - 11:31 am International, Press Releases, Technology
New campaign promotes Canadian energy sector’s massive contribution to economic recovery from COVID-19

New campaign promotes Canadian energy sector’s massive contribution to economic recovery from COVID-19

Calgary, Alberta, July 23, 2020 (GLOBE NEWSWIRE) — The Canadian Energy Centre (CEC) launch…

July 23, 2020 - 9:45 am Canada, Canada News, International, Jobs, Press Releases
Canada and Prince Edward Island invest in new transmission line to support wind energy production

Canada and Prince Edward Island invest in new transmission line to support wind energy production

Canada and Prince Edward Island invest in new transmission line to support wind energy pro…

Image Credit: Cengiz Tokgoz

Turkey Slams Greek Claim Over Mediterranean Seismic Survey

MarineLink


The eastern Mediterranean region where a Turkish ship will carry out a seismic survey is part of Turkey’s continental shelf, Ankara said on Wednesday, rejecting Greece’s accusation that the ship is encroaching on its own shelf.

Long-standing tensions between …

July 23, 2020 - 7:00 am International, Politics & Opinions, Uncategorized
Chevron’s Noble Energy takeover bets on gas future

Chevron’s Noble Energy takeover bets on gas future

Kallanish Energy


Chevron’s recently announced Noble Energy takeover bets on future natural gas demand and more geographic diversity, Kallanish Energy learns from GlobalData.

According to senior O&G analyst Adrian Lara, the $13 billion deal (including debt) signals “the optimal future …

Source: Reuters

United States and China enter a new cold war: Kemp

Reuters


LONDON – The abrupt closure of China’s consulate in Houston marks the latest incident in a rapidly escalating conflict between China and the United States.

Future historians will probably focus on 2020 as the point when intensifying strategic competition …

China’s record crude oil storage flies under the radar

China’s record crude oil storage flies under the radar

Reuters


LAUNCESTON: China’s refineries imported and processed record amounts of crude oil in June, and while these are undoubtedly bullish economic signals, it’s worth noting that flows into storage tanks were also likely at an all-time high.

The massive amount …

Energy Transition Europe

Energy Transition Europe

360 FeedWire


Energy Transition: Europe showcases the world’s most senior collection of leaders committed to transition and ready to deliver a sustainable energy future.

We are in the midst of a dramatic paradigm shift. The way in which we produce,

BP signs gas supply deal with China’s Foran Energy

BP signs gas supply deal with China’s Foran Energy

Argus


This …
July 22, 2020 - 6:09 am Corporate Performance Announcements, International, LNG
Wheelabrator Kemsley, a new waste-to-energy facility at Kemsley in Kent, enters full commercial operation.
Featured Thumbnail

Wheelabrator Kemsley enters full commercial operation

PORTSMOUTH, N.H. , July 21, 2020 /PRNewswire/ — Wheelabrator Kemsley, a new waste-t…

Oil & gas project sanctioning in 2020 set to fall by more than 75% despite activity in Norway, Russia

Oil & gas project sanctioning in 2020 set to fall by more than 75% despite activity in Norway, Russia

Oil&Gas


Global project sanctioning is set for a staggering decline this year of over 75% from 2019 levels, as the Covid-19 epidemic has caused E&P spending to drop much lower than what was expected at the beginning of the crisis.…

July 20, 2020 - 7:26 am International, Politics & Opinions, Popular 2, Uncategorized
Source: Charles Riedel, AP

Supply chains of national energy companies significantly impacted by COVID-19

Oil&Gas


75 percent of 2020 BCG National Energy Operator Survey respondents faced supply disruptions that impacted operations, says BCG report

OVID-19 has dealt a massive blow to the energy industry, and national energy companies in the Middle East must pursue …

July 19, 2020 - 11:58 am Crude Oil News, Economy, International
Oil & gas project sanctioning in 2020 set to fall by more than 75% despite activity in Norway, Russia – Rystad Energy

Oil & gas project sanctioning in 2020 set to fall by more than 75% despite activity in Norway, Russia – Rystad Energy

Energy-Pedia


Global project sanctioning is set for a staggering decline this year of over 75% from 2019 levels, as the Covid-19 epidemic has caused E&P spending to drop much lower than what was expected at the beginning of the crisis. …

July 19, 2020 - 11:36 am Crude Oil News, International, Politics & Opinions
Buffalo Coal confirms positive COVID-19 case at its Aviemore operation
Featured Thumbnail

Buffalo Coal confirms positive COVID-19 case at its Aviemore operation

Toronto, Ontario–(Newsfile Corp. – July 17, 2020) – Buffalo Coal Corp. (TSXV: BUF) Buffa…

July 17, 2020 - 9:58 am Coal News, International, Press Releases
Oil tanker off Yemen risks spilling four times as much oil as 1989 Exxon Valdez disaster, UN says

Oil tanker off Yemen risks spilling four times as much oil as 1989 Exxon Valdez disaster, UN says

Reuters


Oil & Gas 360 Publishers Note: This is very sad for the people of Yemen to have this accident waiting to happen. We hope that the oil can be extracted prior to the break up of the tanker. 

The …

during Aida Cruise - Highlights am Polarkreis (2017-06-25 - 2017-07-12) at Kiel, Kiel, Schleswig-Holstein, Germany on 2017-06-25, Photo: Sven Mandel

Norwegian firm OKEA acquires stake in Equinor’s Aurora gas discovery

Offshore


Norwegian oil firm OKEA has signed a sale and purchase agreement (SPA) with Equinor to acquire the latter’s 40% operated working interest (WI) in two licences offshore Norway.

The acquisition of interests in production licences PL195 and PL195 B …

Trident Energy wraps up buy of ten offshore fields from Petrobras

Trident Energy wraps up buy of ten offshore fields from Petrobras

OffShore


Trident Energy has completed the acquisition of the Pampo and Enchova clusters offshore Brazil from the state-owned oil company Petrobras.

Trident said on Thursday that the ten concessions in question were initially developed by Petrobras in the 1980s.

Namely, …

GasLog Ltd. and GasLog Partners LP Refinance 2021 Debt Maturities with New Loan Agreements Totalling $1.1 Billion and Provide Organizational Update

GasLog Ltd. and GasLog Partners LP Refinance 2021 Debt Maturities with New Loan Agreements Totalling $1.1 Billion and Provide Organizational Update

Piraeus, Greece, July 16, 2020 (GLOBE NEWSWIRE) — Refinancing of Bank Debt Maturities …

July 16, 2020 - 5:03 am Finance, International, Press Releases
Westcoast Wins Right to Service Natural Gas Flow for LNG Canada with NGTL

Westcoast Wins Right to Service Natural Gas Flow for LNG Canada with NGTL

NGI


Oil & Gas 360 Publishers Note: We have been tracking delays and interference in the ability for companies to build pipelines. It is nice to share good news once and a while. 

Enbridge Inc. has won a contest with …

Accelerating the Energy Transition in Germany: Industry Leaders Discuss the Opportunities Offered by Innovation and Grid Optimization

Accelerating the Energy Transition in Germany: Industry Leaders Discuss the Opportunities Offered by Innovation and Grid Optimization

360 Feedwire


BERLINJuly 15, 2020 /PRNewswire/ — The German transmission grid needs to quickly and significantly increase its transfer capacity to successfully manage an increasing level of renewables and deliver on the Clean Energy package.

German transmission system …

July 15, 2020 - 7:00 am International, Power Generation
Ellomay Capital Wins a Quota of 20 MW in a Quota Tender Published by the Israeli Electricity Authority for Combined Photovoltaic and Electricity Storage Facilities

Ellomay Capital Wins a Quota of 20 MW in a Quota Tender Published by the Israeli Electricity Authority for Combined Photovoltaic and Electricity Storage Facilities

TEL AVIV, Israel , July 15, 2020 /PRNewswire/ —  Ellomay Capital Ltd. (NYSE Americ…

July 15, 2020 - 6:17 am Finance, International, Press Releases
Aramco plans downstream shake up

Aramco plans downstream shake up

EnergyVoice


Saudi Aramco has launched a reorganisation of its downstream business with the aim of maximising value.

The company expects to complete the work by the end of the year.

Aramco Downstream’s senior vice president Abdulaziz M. Al Gudaimi said …

OPEC launches its 2020 Annual Statistical Bulletin

OPEC launches its 2020 Annual Statistical Bulletin

360 Feedwire


The OPEC Secretariat today launched the 55th edition of one of its flagship publications, the Annual Statistical Bulletin (ASB), via videoconference and livestream on the OPEC website (www.opec.org).

The launch was attended by Mohammad Sanusi Barkindo, OPEC Secretary …