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FPC-led group bids for Shell’s stake in Philippine gas field
A group of companies, led by Hong Kong-based First Pacific Co. (FPC), has submitted an offer for Royal Dutch Shell’s 45% stake in the Philippines’ largest natural gas field.
Santos hires rig for two wells off WA
Australian independent Santos has hired a jack-up drilling rig to drill two wells at the greater Phoenix project offshore Western Australia, according to junior partner Carnarvon Petroleum.
Petronas launches exploration bid round
State-owned Petronas has launched a new bid round for 13 exploration blocks offshore Malaysia, including nine shallow-water acreages and four deepwater permits.
Jordan Cove LNG project in doubt
The future of Pembina Pipeline’s proposed Jordan Cove LNG export terminal in Oregon looks increasingly in doubt, with the firm taking a write-down on its investment in the project and saying it can no longer predict when the facility will be built.
CPC MT crude oil shipments up by 8.4% y/y in Jan-Feb
US state goals will require some 90 GW of new renewable-energy capacity by 2030
US state-level Renewable Portfolio Standards (RPSs) require some 90 GW of new renewable energy capacity by 2030 and will require total US non-hydro renewables generation to reach 17% of electricity sales, according to a new study.
Former Austrian Foreign Minister Karin Kneissl has been nominated to the board of directors of Rosneft
Renewable energy edges ahead of coal in the US, according to official figures for 2020
Renewable energy has inched past coal in the US for the first time ever, according to official figures for 2020 published by the Energy Information Administration (EIA). The market leader for production of electricity remains natural gas.
Jennifer Granholm sworn in as the 16th Secretary of Energy
Jennifer Granholm was sworn in as the 16th Secretary of Energy on 25 February, becoming the second woman to lead the crucial Department of Energy.
Ørsted delays Skipjack commissioning by another three years to 2026
Ørsted has announced that it is delaying commissioning of the 120-MW Skipjack offshore wind farm, planned for a site off the coast of Delaware and Maryland in the eastern US, by another three years to mid-2026.
Albania’s electricity production almost flat in 2020
China’s State Grid sets out greener goals
State Grid Corp. of China has announced ambitious plans to cut its reliance on coal and to reduce its emissions from a future peak by 2025.
IEA warns emissions dip did not last
Global energy-related emissions fell by 5.8% in 2020, but a sharp recovery at the end of the year indicates that emissions are already rising again.
Fluxys signs up for German LNG project
Prospex seals Spanish gas-to-power deal
Guterres calls for comprehensive coal phase-out
UN Secretary General Antonio Guterres this week has called for a comprehensive coal phase-out if the world is to meet its 1.5 degree goal for global warming.
Rosneft pushes ahead with Carbon Management Plan
Russia’s Rosneft has unveiled ambitious plans to reduce Scope 1 and 2 emissions by 30% and to prevent 20 mn tonnes of CO2 equivalent of future emissions by 2035 as the country’s corporate giants pay more attention to green issues and ESG goals.
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