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China Embarked on Wind Power Frenzy, Says IEA

China has been building two wind turbines every hour, the International Energy Agency (IEA) has told BBC News. This is the world’s biggest programme of turbine installation, double that of its nearest rival, the US. The nation’s entire annual increase…

Europe’s Largest Gas Field Could Face Larger Production Cap

The Dutch Parliament adopted a motion to review production at the Groningen gas field annually, Reuters reported on Thursday. In June, the legislature passed a 5-year output bill that sought to limit the risk of earthquakes linked to production activity…

Boosting Global Renewables, One Island at a Time

Islands from the Caribbean to the South China Sea are perhaps best known for their beautiful beaches, azure waters and rich sea life, but they are rich in something else as well: renewable energy. In most small island developing states…

Shell Starts Production at Stones in the Gulf of Mexico

Shell announces recently  that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day  when fully ramped up at the end of 2017. The host…

Gazprom Neft acquires two new licences in the Yamalo-Nenets Autonomous Okrug

Gazpromneft-Noyabrskneftegaz and Gazpromneft-Yamal, subsidiaries of Gazprom Neft, have won recent tendering rounds for subsoil usage rights to the Yuzhno-Noyabrskoye and Kamennomysskoye (onshore) fields, both located in the Yamalo-Nenets Autonomous Okrug, in close proximity to Gazprom Neft’s existing infrastructure. Recoverable oil…

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