French-headquartered energy giant TotalEnergies has completed all the required steps to pull out of Myanmar while Thailand’s PTTEP has taken over the operatorship helm at the Yadana offshore gas field. Back in January 2021, TotalEnergies announced its decision to withdraw from its operations in Myanmar, specifically the Yadana field and …
Read More »Nord Stream Says Russian Gas Shipments Resumed on Thursday
Russia started sending gas through it’s biggest pipeline to Europe after a 10-day maintenance period, according to Nord Stream AG. Flows restarted on Thursday, a spokesperson for the pipeline operator said by phone. Restoring flows to the levels requested will take some time. Gazprom PJSC declined to comment. The resumption …
Read More »Eight more Equinor Wells Lined up for Odfjell Rig
After Norway’s state-owned giant Equinor decided to exercise its option to add more wells to the backlog of an Odfjell Drilling-owned rig, this rig now has eight more wells to drill for the Norwegian company. Back in May 2021, Odfjell Drilling and Equinor inked a deal for the Deepsea Stavanger …
Read More »TotalEnergies in New Papua LNG Milestone
On 20 July, TotalEnergies, as the operator, announced the decision of the Papua LNG joint venture to launch the first phase of these FEED studies. In parallel, studies for the downstream liquefaction facilities are progressing in line with the overall project schedule, according to TotalEnergies. The objective is to launch …
Read More »Gazprom Tells European Buyers it cannot Ensure Gas Supplies
Russian state-owned energy giant Gazprom has told European buyers it may not be able to continue sending gas because of “extraordinary circumstances,” according to an exclusive report by Reuters, raising fears that the ongoing annual maintenance of a key pipeline might extend beyond Thursday, the day it is expected to …
Read More »Gazprom Declares Force Majeure on some European Gas Supplies
Gazprom has declared force majeure on gas supplies to Europe to at least one major customer, according to a letter from the Russian energy firm. Dated July 14, the legal force of the letter is to shield Gazprom from compensation payments for disrupted supplies. The letter said Gazprom, which has …
Read More »Gazprom Asks Siemens to Provide Papers on Gas Turbine Return
Russia’s Gazprom has announced it has requested Siemens for documents that will allow the return of a gas turbine that is a “crucial part” of the Nord Stream pipeline. In a statement, the energy giant said: “On 15th July Gazprom formally approached Siemens with a request to provide documents that, …
Read More »Gazprom Asks Siemens for Turbine Repaired in Canada
Russian energy giant Gazprom said Saturday it had asked German group Siemens to return a turbine it has repaired in Canada to ensure the Nord Stream pipeline delivering gas to Europe works. Gazprom started 10 days of maintenance on the Nord Stream 1 pipeline on Monday, with the European Union …
Read More »Gazprom Says it can’t Guarantee Gas Pipeline will Work after Return of Equipment
Russian gas monopoly Gazprom said on Wednesday it wouldn’t guarantee the resumption of gas shipments to Europe through its pipelines, despite recent political decisions in Canada allowing the return of key compression equipment from maintenance. Under pressure from European allies in the throes of an energy crisis, the Canadian government …
Read More »Shell Sees $1 Billion Gain in Refining after Record Fuel Prices
Shell Plc said surging margins from fuel production could have added more than $1 billion to the earnings of its refining business last quarter, when gasoline prices broke records in several countries. The trading update from the London-based energy giant is the first indicator of just how much cash was …
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