Thinking Holistically about Hydrogen’s Place in the Energy Transition
As energy operators across the world come to terms with the continuously changing nature of the energy transition, the need for a wide-lens view of the situation is clear. This includes knowing the capabilities and pitfalls of renewable energy sources at our fingertips, hydrogen being one that is especially prevalent.Kees van Wingerden…
Thinking Holistically About Hydrogen’s Place in the Energy Transition
As energy operators across the world come to terms with the continuously changing nature of the energy transition, the need for a wide-lens view of the situation is clear. This includes knowing the capabilities and pitfalls of renewable energy sources at our fingertips, hydrogen being one that is especially prevalent.Kees van Wingerden…
Stepping on the Gas: Rochester Researchers Team to tackle Methane Emissions
With global temperatures rising, oceans warming and ice caps melting, carbon dioxide attracts the bulk of the blame throughout media, public discourse and academia. All too many—save some scientists and researchers—neglect methane, the second biggest greenhouse gas that’s influenced by human activity.
Crude Spill Hits Environmentally-sensitive Area in Venezuela, Report
Crude oil spilling from one of state-run PDVSA's joint ventures has hit an environmentally sensitive area at Venezuela's eastern region, three sources close to the operations said on Tuesday.Oil spills and gas leaks have become frequent in recent years in Venezuela, where lack of investment and delayed…
Shell Working to Fix Gas Disruption at Corrib Field
Royal Dutch Shell and Gas Networks Ireland (GNI) are working to remove unodourised gas that entered the network from the country's Corrib gas field and has curbed output since last week, Shell said. Due to a technical problem at the Shell-operated Bellanaboy Bridge gas terminal in Ireland, unodourised gas entered the network…
US Completes Rule to Curb Methane from Federal O&G Production
The U.S. Interior Department finalized rules on Tuesday aimed at preventing methane leaks from oil and gas production on federal and tribal lands, one of the last major Obama administration rules aimed at fighting climate change. Interior's Bureau of Land Management (BLM) said on Tuesday the rule…
Norway May Review Oil Safety Rules After Eni's Arctic 'Failures'
Norway will review whether to tighten offshore safety rules after "repeated failures" at Eni's Arctic Goliat platform including a power outage last week, a minister said. Norway's only oil-producing platform in the Barents Sea has been shut since last Friday, when a power supply loss triggered a partial evacuation…
Kashagan Targets 2017 Oil Exports
Companies developing the giant Kashagan oil field in Kazakhstan plan to export 12-14 million tonnes of oil in 2017 after launching commercial output, the chief executive of Kazakh oil pipeline firm KazTransOil said on Wednesday. Operations at the field, expected to eventually reach production of 400…
Kashagan Oil Production to Resume in 2017
Production from Kazakhstan's giant Kashagan oilfield is expected to resume in 2017, more than three years after being suspended due to a pipeline leak, stake holder Royal Dutch Shell said. Operations at the major field, expected to reach production of 300,000 barrels of oil equivalent, started in…
Saipem Bags Kashagan Contract
Italian oil service company Saipem said on Friday it had won a contract to lay replacement pipelines at the giant Kashagan field in Kazakhstan, worth around $1.8 billion. Last month sources with knowledge of the matter told Reuters Saipem was in pole position to win the pipeline contract which could be worth up to $2 billion.
Saipem Frontrunner for Kashagan Pipeline Contract
Embattled Italian oil services group Saipem is in pole position to win a contract worth up to $2 billion to replace pipes at the Kashagan oilfield in Kazakhstan, two sources with knowledge of the matter said on Tuesday. Saipem has had 10 billion euros ($11.31 billion) wiped from its value over the past two years…
Boston Pipes Leak $90m in Fuel Yearly -Study
Boston's ageing pipeline network leaks about $90 million worth of natural gas each year, marking a sizeable financial loss and a threat to the environment, according to a study released on Thursday by Harvard researchers. The findings come as state energy officials struggle with a regional infrastructure…
Kashagan Pipe Repairs to hit $3 bln
The consortium developing Kazakhstan's giant Kashagan oilfield will have to spend more than $3 billion to replace faulty pipes before output at the deposit resumes in the second half of 2016, a senior Kazakh official said on Wednesday. Production at the Caspian Sea reservoir, the world's biggest oil find in recent times…
New Pipelines to Boost Kashagan Project Costs
Kashagan, the world's most expensive oil project, will have to spend another up to $3.6 billion to replace leaking oil and gas pipelines, which also could delay the restart of production, the Kazakh energy ministry said. Production at the Kashagan reservoir, the world's biggest oil find in recent times…
Kazakhstan Okays Chevron-led Expansion
Kazakhstan has backed an expansion project to boost output of Tengizchevroil (TCO), the nation's biggest oil producer, despite higher than originally estimated costs, Kazakh Energy Minister Vladimir Shkolnik said on Tuesday. TCO's output is crucial to keep Kazakhstan's oil output roughly unchanged…
Total Shedding More Assets, Cuts Output Estimate
Cuts 2017 output target, 2015 free cash flow goal, keeps 2017 free cash flow goal at $15 bln. French oil company Total is to sell more assets and cut costs to generate more cash and is to revamp exploration plans after reducing its oil production target. Total, which has struggled with production outages in Libya…
Google Street View Takes on US' Gas Leaks
Google Inc's Street View cars have captured the world's roads, highways and back alleys for years. Now they are being used for something entirely different: detecting the thousands of natural gas leaks blighting major U.S. cities. Google cars fit with air monitors have taken millions of readings along the streets of Boston…
Exxon may take over as Kashagan Operator
U.S. oil major Exxon Mobil is in line to take over as operator of the giant Kashagan field in an attempt to fix the beleaguered $50 billion project offshore Kazakhstan, industry publication Nefte Compass reported on Friday. Discussions are continuing but Exxon could be appointed as soon as at the end of June, the newsletter quoted a senior Kazakh official as saying.
Asia-Pacific Crude-Firmer; Exxon Ramping up Indonesian Output
The Asia-Pacific crude market firmed on Wednesday as trading for July-loading cargoes got underway with regional refiners gearing up purchases for peak summer demand, while trading of regional condensate cargoes for July-loading had yet to start, traders said on Wednesday. Malaysia's Petronas may…
Saipem: No Complaints about Kashagan Leaks
Italian oil industry services company Saipem said on Tuesday it had not received any complaint regarding pipes it laid for the giant Kashagan offshore oil field in Kazakhstan where production has been halted due to leaks in the network. Production at Kashagan, the world's biggest oil find in 35 years…
