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OPEC+ plans review in Baku in March, Ministers' meeting in April

7 days ago DieselGasoil Comments Off on OPEC+ plans review in Baku in March, Ministers' meeting in April
By Grant Smith on 1/14/2019 Photo: Azerbaijan oilfield. LONDON (Bloomberg) — OPEC and its allies plan to hold a meeting in March to assess their oil-production accord in Azerbaijan, and then ministers will gather to set policy in April, according to the organization’s top official. The body that reviews the implementation of OPEC’s supply cuts, Read More

Scottish global hub aims to transform decommissioning

1 week ago DieselGasoil Comments Off on Scottish global hub aims to transform decommissioning
1/11/2019 Photo: George Boyne, Colette Cohen, Paul Wheelhouse MSP and Lord Duncan at NDO opening. ABERDEEN — The National Decommissioning Centre (NDC), a global technology R&D hub, is today opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor. The government ministers Read More

Wentworth Resources Plc : Commercial, Operational Update and 2019 Production Guidance

1 week ago DieselGasoil Comments Off on Wentworth Resources Plc : Commercial, Operational Update and 2019 Production Guidance
PRESS RELEASE 11 January 2019 WENTWORTH RESOURCES PLC(“Wentworth” or the “Company”) Commercial, Operational Update and 2019 Production Guidance Wentworth, the Oslo Stock Exchange (OSE: WEN) and AIM (AIM: WEN) listed independent, East Africa-focused oil & gas company, is today providing an update to shareholders. Tanzania Operations Gas demand for the Company’s producing reserves continued to Read More

China slips open door for U.S. natural gas as winter hits

4 weeks ago DieselGasoil Comments Off on China slips open door for U.S. natural gas as winter hits
By Naureen S. Malik on 12/24/2018 Photo: Corpus Christi LNG terminal. NEW YORK (Bloomberg) — China last month imported two tankers of U.S. liquefied natural gas, nudging open a doorway that had been closed shut for a month at a time when America is rapidly expanding its ability to export the heating fuel. The three Read More

Explorers face pain as oilfield costs jump: Wood Mackenzie

1 month ago DieselGasoil Comments Off on Explorers face pain as oilfield costs jump: Wood Mackenzie
By David Wethe on 12/14/2018 HOUSTON (Bloomberg) — Shale explorers are in for higher equipment and service costs in 2019 after getting hit with double-digit inflation this year, according to Wood Mackenzie Ltd.  The rate of well-cost increases — which includes everything from cement to drilling rigs — is expected to average 9% across the Read More

With steel waste in crosshairs, China extends its war on pollution

1 month ago DieselGasoil Comments Off on With steel waste in crosshairs, China extends its war on pollution
ANSHAN, China/MANILA (Reuters) – China’s self-styled war on pollution is extending to a new front: the solid waste that makes up thousands of slag heaps around the country, a byproduct of its record steel output. Samples of processed steel slag are seen at a steel slag treatment plant of Ansteel in Anshan, Liaoning province, China Read More

HydraWell has executed Aker BP's Valhall field plugging program expeditiously

1 month ago DieselGasoil Comments Off on HydraWell has executed Aker BP's Valhall field plugging program expeditiously
12/7/2018 Valhall is a giant oilfield in the southern Norwegian North Sea. Production started in 1982 and following commissioning of the new PH platform in 2013 the field now has the potential to continue producing for several decades. Photo: Aker BP. STAVANGER — Through utilization of the PWC (Perforate, Wash & Cement) plug and abandonment Read More

Global carbon emissions set to rise further this year: study

2 months ago DieselGasoil Comments Off on Global carbon emissions set to rise further this year: study
(Reuters) – Global carbon dioxide emissions are set to rise nearly 3 percent this year due to continued fossil fuel use, scientists said on Wednesday, dashing hopes that an increase in 2017 was temporary after two years of slowdown. FILE PHOTO: Smoke rising from a family house in Bedzin, near Katowice, Poland, December 5, 2018. Read More

Dealmaker Albert Frere, Belgium's richest man, dies aged 92

2 months ago DieselGasoil Comments Off on Dealmaker Albert Frere, Belgium's richest man, dies aged 92
BRUSSELS (Reuters) – Albert Frere, a veteran dealmaker whose impeccable business timing made him Belgium’s richest man, died on Monday at the age of 92, the firm he built, Groupe Bruxelles Lambert (GBL), said. FILE PHOTO: Belgium businessman Albert Frere leaves the Elysee Palace in Paris, October 29, 2008. REUTERS/Philippe Wojazer/File Photo Frere had stepped Read More

Pressure mounts to bury carbon emissions, but who will pay?

2 months ago DieselGasoil Comments Off on Pressure mounts to bury carbon emissions, but who will pay?
LONDON (Reuters) – When countries gather on Sunday to hammer out how they will enact pledges to cut carbon emissions, a Norwegian-led oil consortium will offer a solution: pump some of your excess carbon dioxide to us and we could store it for you. Smoke and steam billows from Belchatow Power Station, Europe’s largest coal-fired Read More