(Argus, 3.Jul.2020) — Venezuela will receive another products cargo from Italy next week, highlighting the endurance of debt-related oil trade with EU companies that falls […]
Category: Europe
Europe energy
AlgaEnergy Expands To France And North Africa
(AlgaEnergy, 2.Jul.2020) — AlgaEnergy S.A., a global leader in microalgae biotechnology, continued its global expansion with the appointment of Bachar Blal as Regional Business Manager […]
Aker Solutions Awarded LOI For Breidablikk
(Aker, 24.Jun.2020) — Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project […]
Total Joins The “Getting To Zero Coalition”
(Total, 8.Jun.2020) — Total has joined the Getting to Zero Coalition to support the maritime industry’s decarbonisation by collaborating with companies across the maritime, energy, […]
Women At The Top Of UK Energy Sector Rises
(PwC, 3.Jun.2020) — POWERful Women and PwC have today published the latest ‘state of the nation’ on the gender balance at the top of the […]
Total Enters Into North Sea Wind Farm Project
(Total, 3.Jun.2020) — Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1 offshore wind farm project […]
US Senators Expected To Sanction Nord Stream 2
(Reuters, 29.May.2020) — Two U.S. senators are expected to introduce next week sanctions on the Nord Stream 2 natural gas pipeline that Russia is trying […]
Financing For Development During Era Of COVID-19
(IMF, 28.May.2020) — Opening remarks from International Monetary Fund (IMF) Managing Director Kristalina Georgieva at an United Nation event on financing for development in the […]
First Semi-submersible Floating Wind Farm Sets Sail
(Repsol, 28.May.2020) — The WindFloat Atlantic project is taking one of the final steps towards becoming fully operational. The last of the three pre-assembled wind […]
FBI Probes Firms Over Venezuela Oil Trading
(Reuters, 13.May.2020) — The FBI is probing several Mexican and European companies allegedly involved in trading Venezuelan oil as it gathers information for a U.S. […]
Nynas Exits US Sanctions
(Nynas, 12.May.2020) — The US Treasury Department’s Office of Foreign Asset Control (OFAC) announced today that Nynas is no longer being blocked pursuant to the […]
France’s Total Adopts A New Climate Ambition
(Total, 5.May.2020) — Total announces today its ambition to get to net-zero emissions by 2050 together with society for its global business across its production […]
Aker Solutions ASA: First Quarter Results 2020
(Aker, 30.Apr.2020) — Aker Solutions reported first-quarter revenue of NOK 6.5 billion, a decline of 10 percent compared with the first quarter 2019, as the […]
Repsol Launches Solmatch
(Repsol, 30.Apr.2020) — Repsol has launched Solmatch, the first large solar community in Spain, as part of its commitment to offering different supply alternatives to […]
LNG Continues Enhancing Global Energy Security: IGU
(IGU, 27.Apr.2020) — The International Gas Union (IGU) is pleased to launch its annual LNG report for 2020. The comprehensive analysis highlights all the material […]
Core Lab Reports 1Q:20 Results
(Core Lab, 22.Apr.2020) — Core Laboratories N.V. reported that continuing operations resulted in first quarter 2020 revenue of $152,400,000. The financial results for the first […]
Saudi OSPs For Oil Exports Bode Well For Asian Refiners
(WoodMac, 16.Apr.2020) — On 13 April, Saudi Arabia announced the Official Selling Prices (OSPs) for its May crude oil exports. The new OSPs speak volumes […]
Wärtsilä Awarded LatAm Power Plant EPC Contracts
(Wärtsilä Corp., 15.Apr.2020) — The technology group Wärtsilä has been awarded full engineering, procurement, and construction (EPC) contracts for two power plants in Latin America. […]
OPEC And Non-OPEC To Cut Output By 9.7 MMb/d
(OPEC, 12.Apr.2020) — The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Sunday, 12 April 2020, under the Chairmanship of HRH […]
Collapsing Demand Sets Terms In OPEC+ Battle
(WoodMac, 9.Apr.2020) — Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking […]
WoodMac On OPEC+ Production Plan
(WoodMac, 9.Apr.2020) — As OPEC+ agreed at cut of 10 million b/d, WoodMac’s Ann-Louise Hittle said: “A 10 million b/d cut would be very supportive […]
Brief Intro Remarks By OPEC Secretary General
(OPEC, 9.Apr.2020) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting, 9 April 2020, via […]
COP’s Exploration Strategy From Norway To Argentina
(ConocoPhillips, 30.Mar.2020) — ConocoPhillips’ exploration strategy emphasized flexibility and discovering new barrels accretive to its existing portfolio. The company’s 2019 exploration focused on select business […]
Nynas Applies For Company Reorganization
(Nynas, 12.Mar.2019) — Nynas AB (publ) has today filed for company reorganisation at Södertörn’s District Court. Nynas loans have not been extended by the banks. […]
Ecopetrol Restricts Travel To Asia And Europe
(Reuters, 2.Mar.2020) — Colombia’s state-run oil company Ecopetrol SA placed restrictions on business travel to all Asian and European countries on Monday in response to […]
LONGi Inaugurates 191MW Pachamama PV Power Plant
(LONGi Solar, 25.Feb.2020) — Invested by French solar energy firm Neoen, the Pachamama photovoltaic power plant, located in the state of Aguascalientes in central Mexico, […]
Looney’s New Course For BP With Climate Targets
(WoodMac, 12.Feb.2020) — Speaking after BP’s new chief executive Bernard Looney unveiled the major’s ambitious climate commitments today, Luke Parker, vice president, corporate analysis, said: […]
Petrobras On Collective Action In The Netherlands
(Petrobras, 29.Jan.2020) — Petrobras, further to the press release dated September 19, 2018, announces that the District Court of Rotterdam (the Court) today considered some […]
Apache And Total Report Significant Oil Discovery Offshore Suriname
(Apache, 7.Jan.2020) — Apache Corporation and Total S.A. announced a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58. The […]
Mann+Hummel Sells Mann+Hummel Fluid Brasil
(Mann+Hummel, 6.Jan.2020) — On 31 December 2019, the former CEO of Mann+Hummel Fluid Brasil, Luis Guilherme Pozzani da Rocha, officially signed the 100 percent purchase […]
WindFloat Atlantic Project Supplies Energy To Portugal
(WindFloat, 2.Jan.2020) — WindFloat Atlantic wind farm is now operational. After the energisation of the 20-km cable connecting the offshore wind farm and the substation […]
Apache Stock Jumps On Suriname JV
(Zacks, 24.Dec.2019) — Shares of Apache Corporation rallied more than 17% in yesterday’s trading, hitting an all-time high among the S&P 500 components, after the […]
British Firms Among Bidders For Petrobras Oilfields
(Reuters, 19.Dec.2019) — Anglo-French firm Perenco, UK-based Trident Energy and Premier Oil Plc are among the companies examining the purchase of a cluster of Petrobras […]
S&P Releases 2020 Energy Outlook
(S&P Global Platts, 11.Dec.2019) — Analysts at S&P Global Platts, the leading independent provider of information, analysis and benchmark prices for the commodities and energy […]
Petrobras Plans $34bn In Dividends
(Bloomberg, Simon Casey and Sabrina Valle, 5.Dec.2019) — Petrobras plans to pay its shareholders $34 billion in dividends over the next five years as it […]
Lightsource BP to Accelerate Global Solar Growth with Further Investment from BP
(Lightsource bp, 5.Dec.2019) — The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint […]
Petrobras Host Investor Day In NYC
(Energy Analytics Institute, Aaron Simonsky, 4.Dec.2019) — Brazil’s state-controlled oil giant Petrobras hosted media and analyst during its annual investor day event in New York […]
COP25: Developing world Still Paying
(Asia Times, Vijay Prashad, 3.Dec.2019) — On Monday in Madrid, the 2019 UN Climate Change Conference – known as COP25 – began. Representatives of the […]
JinkoSolar Supplies Almelo Project In The Netherlands
(JinkoSolar, 3.Dec.2019) — JinkoSolar Holding Co., Ltd.’s affiliate has supplied approximately 40 MW of its ultra-high efficiency Cheetah HC 60 solar modules to Obton, one […]
UN Secretary Chief Guterres: “Point Of No-Return Hurtling Towards Us”
(Energy Analytics Institute, Aaron Simonsky, 1.Dec.2019) — UN Secretary-General António Guterres addressed the media in a press briefing one day ahead of the COP25 2019 […]
Equinor Says Brazil ‘Hotspot’ Of Int’l Efforts
(Reuters, 26.Nov.2019) — Norway’s Equinor plans to drill 30-40 oil and gas exploration wells globally in 2020, similar this year, with Brazil being a “hotspot” […]
JinkoSolar To Supply 950MW To X-ELIO
(JinkoSolar, 26.Nov.2019) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, announced it has delivered to […]
Valaris Announces New Contract Awards
(Valaris, 25.Nov.2019) — Valaris plc announced new contracts and contract extensions, with associated revenue backlog of approximately $285 million, awarded subsequent to a prior fleet […]
Höegh LNG Updates On Colombia, Other Ops
(Höegh LNG, 21.Nov.2019) — Höegh LNG Partners LP provided its quarterly outlook for the LNG market with details on its operations in Cartagena, Colombia. A […]
Trinidad Gas Gap To Claim More Industries
(Argus, Lucien Chauvin, 18.Nov.2019) — Trinidad and Tobago’s industries regulator is warning that a natural gas shortage is slowly chipping away at the country’s industrial […]
Venezuela Using Invisible Oil Tankers To Skirt Sanctions
(Oilprice.com, Irina Slav, 16.Nov.2019) — U.S. sanctions on Venezuela have been squeezing the life out of its economy in an attempt to remove the government […]
BPTT reports Ginger natural gas discovery offshore Trinidad
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 15.Nov.2019) — BP Trinidad & Tobago (BPTT) made a natural gas discovery with the Ginger exploration well, offshore […]
Rosneft Head Sechin Attends BRICS Summit In Brazil
(Rosneft, 15.Nov.2019) — During the visit of the President of the Russian Federation Vladimir Putin to the BRICS summit in Brazil, the Chief Executive Officer […]
Saipem Inks Subsea Contract In Guyana
(Saipem, 14.Nov.2019) — Milan-based Saipem has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) for the proposed Payara […]
Ramnarine Talks Of TT Energy Sector Crisis
(AZP, 13.Nov.2019) — There is a crisis in the energy sector in Trinidad and Tobago. This is the view of former energy minister Kevin Ramnarine […]