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PGS Withdraws Refinancing

5 hours ago DieselGasoil Comments Off on PGS Withdraws Refinancing
June 19, 2019: Oslo, Norway, reference is made to the press releases published May 27, 2019 and June 3, 2019 where PGS initiated a process (“the transaction”) seeking to raise approximately $525 million of 5-year first lien term loan and approximately $150 million of 5.5-year second lien notes. The proceeds were intended to repay the Read More

Canada approves 590,000 b/d expansion of Trans Mountain pipeline

14 hours ago DieselGasoil Comments Off on Canada approves 590,000 b/d expansion of Trans Mountain pipeline
Highlights Start-up likely by 2022 Government to invest profits in green energy Opens way for exports to Asia Canada’s federal government approved a 590,000 b/d expansion of the Trans Mountain pipeline network, paving the way for construction to restart on the stalled project this construction season, Prime Minister Justin Trudeau said Tuesday. Not registered? Receive Read More

Anadarko approves $20 billion LNG export project in Mozambique

17 hours ago DieselGasoil Comments Off on Anadarko approves $20 billion LNG export project in Mozambique
LONDON (Reuters) – U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie. FILE PHOTO: The logo for Anadarko Petroleum corp. Read More

Airbus seeks new partners to expand in U.S. space market

17 hours ago DieselGasoil Comments Off on Airbus seeks new partners to expand in U.S. space market
PARIS (Reuters) – Airbus’ defense division is looking for new partners to expand its presence in the growing U.S. space market, and could potentially build components for a lunar program there, Airbus Defense and Space Chief Executive Dirk Hoke told Reuters. An Airbus A350-1000 performs during the 53rd International Paris Air Show at Le Bourget Read More

From gas in Russia to China-bound plastics, Austria’s OMV shifts focus for growth

1 day ago DieselGasoil Comments Off on From gas in Russia to China-bound plastics, Austria’s OMV shifts focus for growth
VIENNA (Reuters) – After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his vision of making the Austrian oil and gas group a major supplier of plastics. FILE PHOTO: The logo of Austrian oil and gas group OMV is seen Read More

Casa dos Ventos places 445 MW order of V150-4.2 MW turbines for Vestas’ largest order to date in Brazil

1 day ago DieselGasoil Comments Off on Casa dos Ventos places 445 MW order of V150-4.2 MW turbines for Vestas’ largest order to date in Brazil
News release from Vestas Mediterraneanand Casa dos VentosMadrid, 18 June 2019 Casa dos Ventos, one of the pioneers and largest investors in the development of wind projects in Brazil, has placed a 445 MW order for the supply and installation of 106 Vestas V150-4.2 MW wind turbines for the Rio do Vento project in the Read More

US planning ‘tactical assault’ on Iran in response to ‘tanker attack’ — report

2 days ago DieselGasoil Comments Off on US planning ‘tactical assault’ on Iran in response to ‘tanker attack’ — report
UN sources believe that the United States is planning to carry out a “tactical assault on Iran” in response to the attack on two oil tankers in the Gulf of Oman, which it blamed Tehran for without providing credible evidence. Diplomatic sources based at the UN’s New York headquarters told the Hebrew-language Israeli newspaper Maariv Read More

Equinor completes drilling of wildcat southeast of Korpfjell discovery

2 days ago DieselGasoil Comments Off on Equinor completes drilling of wildcat southeast of Korpfjell discovery
6/17/2019 STAVANGER — Equinor Energy AS, operator of production license 859, has completed the drilling of wildcat well 7335/3-1. The well has been drilled about 8 km southeast of the 7435/12-1 (Korpfjell) gas discovery in the Barents Sea, and about 435 km north of Vardø. The primary exploration target for the well was to prove Read More

Aker BP granted drilling permit for wildcat east of Frigg field

2 days ago DieselGasoil Comments Off on Aker BP granted drilling permit for wildcat east of Frigg field
6/17/2019 STAVANGER — The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 25/2-20, cf. Section 15 of the Resource Management Regulations. Well 25/2-20 will be drilled from the Deepsea Stavanger drilling facility in position 59°52’27.05″ N and 02°27’29.23″ E after completing the drilling of wildcat well 15/6-16 S for Aker Read More

Dutch court orders Shell to pay $2.8 million fine for 2014 plant blast

2 days ago DieselGasoil Comments Off on Dutch court orders Shell to pay $2.8 million fine for 2014 plant blast
FILE PHOTO: Staff members work at the booth of Royal Dutch Shell at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo AMSTERDAM (Reuters) – A Dutch court on Monday ordered Royal Dutch Shell to pay a 2.5 million euro ($2.8 million) fine for failing to Read More