Energy
Pump CO2 Into Rocks Under The North Sea, Ministers Told
The huge undertaking would require planning not seen since the 2012 Olympics. Parliamentary advisors have urged the government to invest in a vast network of pipes designed to store CO2 in rocks under the North Sea. The scheme would require…
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…
Successful installation of world’s largest offshore wind turbine
The first of 32 8MW wind turbines has been successfully installed at the Burbo Bank Extension offshore wind farm, under construction by DONG Energy in Liverpool Bay. The project is a joint partnership between DONG Energy (50%), PKA (25%) and…
China’s Oil Production Tanks, Foreign Oil Dependency Nightmare Intensifies
It might seem disingenuous to call any country’s foreign oil dependency a nightmare, but that’s exactly what it is. A myriad of problems stem from foreign oil dependency, ranging from a massive transfer of wealth, to securing vital supply lines…