newszine

BW Offshore: Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field

6 hours ago DieselGasoil Comments Off on BW Offshore: Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field
Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field With reference to the stock exchange releases dated 8 and 14 March 2019. BW Offshore (BWO) is pleased to announce that The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has granted BW Offshore status as Read More

Husky to Resume Full Production at White Rose

20 hours ago DieselGasoil Comments Off on Husky to Resume Full Production at White Rose
CALGARY, Alberta, Aug. 16, 2019 (GLOBE NEWSWIRE) — Following an extensive investigation, flow line repairs, integrity testing and approval of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), Husky Energy (TSX:HSE) today announced it will resume production from the remaining two drill centres shut in following the November 2018 oil spill offshore Newfoundland and Labrador. Read More

Denmark sees resolution soon to EU rift on 2050 climate goal

1 day ago DieselGasoil Comments Off on Denmark sees resolution soon to EU rift on 2050 climate goal
COPENHAGEN (Reuters) – The new energy and climate minister of Denmark, a frontrunner in fighting climate change, said on Friday he was confident fellow EU countries would soon agree to go carbon-neutral by 2050 despite resistance in the east of the bloc. Denmark’s Climate and Energy Minister Dan Jorgensen speaks during an interview in Copenhagen, Read More

BW Offshore: Contract extension for Petróleo Nautipa

1 day ago DieselGasoil Comments Off on BW Offshore: Contract extension for Petróleo Nautipa
Contract extension for Petróleo NautipaBW Offshore has received a one-year contract extension for the lease and operation of the FPSO Petróleo Nautipa. The FPSO is operating on the Etame field offshore Gabon for VAALCO Energy. The firm period has been extended to Q3 2021 (from Q3 2020), with options until Q3 2022. For further information, Read More

Norway’s offshore production beats July forecast, still down for the year

1 day ago DieselGasoil Comments Off on Norway’s offshore production beats July forecast, still down for the year
8/16/2019 OSLO – The Norwegian Petroleum Directorate’s preliminary production figures for July 2019 show an average daily production of 1,799,000 bbl oil, NGL and condensate, which is an increase of 402,000 bpd compared to June. Total gas sales were 9.5 billion Sm3 (GSm3), which is an increase of 0.1 GSm3 from the previous month. Norwegian Read More

Trade tensions and a weaker yuan drive Chinese crypto demand, market players say

1 day ago DieselGasoil Comments Off on Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
LONDON/NEW YORK (Reuters) – Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. FILE PHOTO: Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China’s flag Read More

Canadian petroleum agency approves Hibernia platform restart following spill

1 day ago DieselGasoil Comments Off on Canadian petroleum agency approves Hibernia platform restart following spill
8/16/2019 ST. JOHN’S, NEWFOUNDLAND – The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) issued approval to Hibernia Management and Development Company Ltd. (HMDC) to resume production operations at the Hibernia platform. Hibernia platform Since the spill occurred in mid-July, C-NLOPB staff have had extensive engagement with HMDC to discuss the cause of the spill, along Read More

Upwing Energy awarded 10 new downhole rotating device patents

1 day ago DieselGasoil Comments Off on Upwing Energy awarded 10 new downhole rotating device patents
8/16/2019 CERRITOS, CA. – Upwing Energy has been awarded 10 new patents, for critical enabling technologies in the company’s downhole rotating tools, and proprietary methods used to increase hydrocarbon production and recovery. Upwing Energy SCS The U.S. Patent and Trade Office granted seven patents related to Upwing’s SCS, a downhole compressor system, and three patents Read More

STAR Market tech board offers hope to Chinese venture capitalists

1 day ago DieselGasoil Comments Off on STAR Market tech board offers hope to Chinese venture capitalists
SHANGHAI/HONG KONG (Reuters) – When Chinese venture capital firm New Vision Capital invested in two startups focusing on cloud computing and micro-optics, the plan was to eventually take them public on the Nasdaq exchange. FILE PHOTO – A sign for STAR Market, China’s new Nasdaq-style tech board, is seen after the listing ceremony of the Read More

Green energy has a plethora of failures

2 days ago DieselGasoil Comments Off on Green energy has a plethora of failures
By Will Wade on 8/15/2019 NEW YORK (Bloomberg Markets) –It must have seemed like a good idea at the time. The annals of green energy are filled with people who devised “brilliant solutions” to vexing problems, delivering more power for less money, making things cleaner, easier, and better. Some became rich and famous in the Read More