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Gazprom launches full-scale development in Yamal Peninsula

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3/20/2019 Alexey Miller and Dmitry Artyukhov during conference call. Photo: Gazprom. MOSCOW — A ceremony was held In the Yamal-Nenets Autonomous Area to mark the launch of full-scale development of the Kharasaveyskoye field. Attending the event were Alexey Miller, chairman of the Gazprom Management Committee, Dmitry Artyukhov, governor of the Yamal-Nenets Autonomous Area, and heads Read More

BP explores buying solar energy to power operations in the U.S.

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By Brian Eckhouse and Kelly Gilblom on 3/20/2019 SAN DIEGO and LONDON (Bloomberg) — BP may become the next oil giant to power operations with clean energy. The London-based company is in talks with a solar developer it partially owns, Lightsource BP, to buy power in the U.S., according to executives at the renewable company. Read More

BP explores buying solar energy to power operations in U.S.

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By Brian Eckhouse and Kelly Gilblom on 3/19/2019 SAN DIEGO and LONDON (Bloomberg) — BP Plc may become the next oil giant to power operations with clean energy. The London-based company is in talks with a solar developer it partially owns, Lightsource BP, to buy power in the U.S., according to executives at the renewable Read More

No long-range bombers in Crimea, earlier statement was an error – Moscow

2 days ago DieselGasoil Comments Off on No long-range bombers in Crimea, earlier statement was an error – Moscow
Defense committees in the Russian parliament have denied earlier reports that strategic bombers and Iskander missile systems had been deployed to Crimea, while confirming the peninsula has been turned into a well-defended bastion. Earlier statements about the deployment of Tu-22M3 long-range bombers and nuclear-capable Iskander-M ballistic missile systems were an error, the Russian Federation Council’s Read More

Earth hit by meteor explosion 10 times more powerful than nuclear bomb, but no one noticed (PHOTOS)

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On December 18, 2018, the third largest meteor explosion in the last century occurred and almost no one noticed despite it emitting the equivalent energy of 173 kilotons of TNT – 10 times more powerful than the Hiroshima bomb. The airburst explosion happened in the skies above the Bering Sea, off Russia’s Kamchatka Peninsula. The Read More

Putin launches 2 new power stations in Crimea on anniversary of reunification with Russia

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Russian President Vladimir Putin has launched new power stations in Crimea as the region marks the fifth anniversary of reunification with Russia. The facilities will boost the peninsula’s energy independence. The Russian president came to the Balaklava power station, developed by Russian state-run conglomerate Rostec, in the city of Sevastopol on Monday to see the Read More

Western sanctions v Eastern promises: Russia's Crimea could become part of China’s new Silk Road

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Private businesses in China are interested in involving Russia’s Crimea in the implementation of projects under the Belt and Road Initiative (BRI), Beijing’s development & investment project in 152 countries on five continents. That’s according to the head of the association of Chinese compatriots on the peninsula, Ge Zhili. “Our organization is bolstering cooperation ties, Read More

Saudi Arabia looks to expand from oil to natural gas with huge LNG investment in Russia’s Arctic

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Russia’s biggest independent gas producer Novatek is considering selling up to 30 percent of its Arctic LNG (liquefied natural gas) 2 project to Saudi national oil giant Saudi Aramco. Shortly after selling a 10-percent stake in the project to France’s Total, Novatek said it is ready to consider a deal with Saudi Arabia as it Read More

CERAWeek 2019: LNG key factor in energy transition

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By CRAIG FLEMING, TECHNICAL EDITOR, WORLD OIL on 3/14/2019 HOUSTON — On the third day (Wednesday, March 13) of CERAWeek by IHS Markit, the industry’s business leaders outlined global economic trends, shifting geopolitics, emerging government policies and advances in technologies. The majority of the day’s sessions outlined how the transition will occur and to define Read More

Eni reports new gas discovery in the Nour prospect, offshore Egypt

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3/14/2019 MILAN — Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km north of the Sinai peninsula. The Nour-1 New Field Wildcat (NFW), which has led to the discovery, was drilled by the Scarabeo-9 semisubmersible in Read More