Articles
Pakistan Poised for Progress with Saudi Aramco’s $10 billion “Oil City” in Gwadar
It was recently reported that Pakistan will indeed begin plans for a significant refinery complex to be built in Balochistan’s Gwadar district.
Is Sweden's enthusiasm for onshore wind running out of puff?
Sweden is facing up to the prospect of a looming green-electricity shortage, but its plan to build its way out of the problem has been dealt a blow.
Shell's outlook on LNG's future
Global LNG trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook, despite the unprecedented volatility caused by the Covid-19 pandemic.
Northland Power investing heavily
Northland Power could invest C$20 billion in offshore wind in the next five years. As part of this it also aims to increase its position and footprint in Asia. Current development activities are focused on the giant Hai Long project in the Taiwan Strait, 50-70km off Changhua county. Construction is..
Texas Freeze Could Bolster a Growing Recovery with New Demand
A historic arctic freeze that quickly spread over the state of Texas has caused short-term ceases in production for several refineries.
Are all oil and gas majors onboard with the energy transition?
In recent months we have seen an interesting trend, it has become clear that the oil and gas majors have started to present themselves as Integrated Energy Company’s (IECs) rather than International Oil Company’s (IOCs).
Big Oil transitions to Big Wind
The Crown Estate announced the results of its Round 4 seabed leasing for offshore wind in the UK.
Qatar expansion gets the go ahead
Qatar Petroleum has taken FID on four more trains at Ras Laffan, the most competitive LNG project in the world.
India's giant offshore addition
Hoegh LNG has completed and signed all documentation for its 10-year charter with H-Energy. Following a binding commitment signed in November 2020, Hoegh LNG has selected the 170,000cm Hoegh Giant to serve as the FSRU at the Jaigarh port in Maharashtra, on India’s west coast. The 4.0m t/y Jaigarh [..
U.S. Refiners Look Towards Renewable New Hopes
After seeing demand devastation in 2020 refiners in the United States are starting this year with new talk around the growth of renewable fuels to bolster their future in this ever-changing fuel scenario.
Australia – Time to think big
The thought of powering large cities using renewable energy is not new.
Shell takes a shine to Emerald
Shell has taken a majority stake in a large Irish floating wind project being developed off the South coast.
Gas Projects in the U.S. Face Increasing Opposition in 2021
As 2021 began, a few projects in the United States quickly faced delays and challenges to their progress.
Data is king, integration is queen
Harnessing the power of data science and real-time intelligence offers a powerful single view of the market Few people know that data intelligence firm Kpler’s journey actually started in 2014, when the founders were told by an LNG trader: “I receive many proposals for ship-tracking software, but I don’t care about the ships. I care about cargoes into them, their volumes and the commercial information related to them”.
Biden Issues Order to Block Keystone XL Pipeline
U.S. President Joe Biden revoked a necessary permit needed to construct the disputed Keystone XL Pipeline, foreshadowing a victory for U.S. landowners, Native American tribes and environmentalists in a lengthy battle spanning nearly twelve years.
Scotland's future is offshore
The Crown Estate Scotland launched ScotWind, a round of seabed leasing for offshore wind. The 10GW first cycle was opened following the publication of the Sectoral Marine Plan for Offshore Wind Energy by Marine Scotland, which outlines the areas most suitable for development. This will enable regis..
Blow for Oregon's export hopes
The last remaining planned LNG export plant on the US West coast was dealt another blow by the Federal Energy Regulatory Commission (FERC), potentially delaying the project even further. Pembina’s 2-train, 7.8m t/y Jordan Cove Energy Project, located on the North Spit of Coos Bay in Oregon, planned..
Refinery Closures Continue as Imports Grow in Australia
BP’s Kwinana oil refinery, the largest in Australia with a capacity for 146,000 barrels per day, is expected to shut in its production this year, resulting in a reduction of over one-fifth of the country’s fuel production ability. Once production is shut in, BP plans to convert the facility into an import terminal for a country growing increasingly reliant upon imported fuel.
Prelude FLNG finally returns
LNG cargoes have resumed from Shell’s floating LNG (FLNG) facility, offshore Western Australia.
Equinor goes large
Equinor announced that it had been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in US history.
UAE leads the way in solar power in the Middle East
The United Arab Emirates (UAE) is pushing ahead with its transition to alternative fuels. According to a report from Deloitte the key drivers for the growth of the UAE solar sector are large scale government sponsored solar energy projects and a strong sovereign credit rating offering low risk for Independent Power Producers (IPPs) with Power Purchase Agreements (PPAs). This is evident in the scale of projects that have already been completed or under construction
UAE Energy Minister believes oil demand could recover by the end of 2021
According to recent reports, United Arab Emirates Energy Minister Suhail al-Mazrouei has commented on a potentially updated timeline for a return to form for global oil demand. He believes that global demand will make a somewhat optimistic return to pre-pandemic level by the end of 2021 or early 2022.
Energy minister pushes to diversify energy sources with 'hydrogen-ready' gas pipelines
After the EU turned down funding for natural gas energy infrastructure to focus on clean-hydrogen networks, Malta’s application for a proposed pipeline from Malta to Sicily was denied.
Mixed messages in Mozambique
Total only has a skeleton staff remaining at its LNG construction site in Afungi after evacuating most workers amid the worsening security situation in the Cabo Delgado province.
Expanding Texan footprint
Clearway Energy Group (CEG) announced that it had closed financing and commenced construction on its second largest windfarm in Texas.
Petrochemicals Group Sets up JV at Gas Chemical Complex
SIBUR Holding and China Petroleum & Chemical Corporation (Sinopec) have closed the deal to set up a joint venture (JV) at the Amur Gas Chemical Complex after obtaining all the necessary approvals from the regulators of both countries.
Refinery shutdowns continue, likely more in 2021
As the coronavirus pandemic decimated global demand in 2020, refineries around the world reacted immediately with a variety of methods to survive. Temporary shut ins, cold circulation, conversion to renewable production, and outright refinery closures all became commonplace as responses to the pandemic effect.
Partners move onshore US
Siemens Gamesa and Orsted have signed an agreement for their first US onshore project together. The 51-turbine, 298MW Haystack project in Wayne county, Nebraska is expected to be commissioned in the fourth quarter of 2021. The order also includes a 30-year, full-scope service and maintenance agreem..
Greece extends its import influence
DESFA, the operator of the Greece natural gas transmission system, has been awarded the operation and maintenance services of Kuwait’s newest LNG import terminal. The 11.5m t/y Al Zour LNG import terminal, currently under construction for 2021 will have eight storage tanks with a capacity of 225,00..
Pembina Ceases Plans for Canadian Petrochemical Project
Pembina Pipeline of Canada and Kuwait’s Petrochemical Industries Company through their joint venture, Canada Kuwait Petrochemical Limited Partnership, have announced that their $4.5 billion integrated propane dehydration plant (PDH) and polypropylene upgrading facility in Alberta would be indefinitely suspended until further notice. This follows another recent indefinite deferment for a major project in North America just last month with Formosa’s $9.4 billion Sunshine complex in Louisiana.
