Dominion Energy’s North Anna nuclear power plant has received approval from the U.S. Nuclear Regulatory Commission to continue operating for another 20 years, a major milestone in the utility’s $3.9 billion effort to keep its two nuclear plants operating beyond mid-century. The renovation will enable the power plant’s two nuclear reactors to remain in operation […]
OMV (Norge) AS, operator of PL 1194, completes drilling in the Norwegian Sea for the “Haydn/Monn” exploration areas. The well encountered gas with an estimated total recoverable volume of 30 to 140 million barrels of oil equivalent (boe). “By focusing on gas as a transition fuel, OMV is investing in affordable energy solutions and contributing […]
(Bloomberg) — Sinopec, China’s largest oil refiner, reported a slight increase in first-half profit as better performance at its upstream operations offset weakness in refining and petrochemicals. Net profit for the first six months was 35.7 billion yuan ($5 billion), up 1.7 percent from a year earlier, according to a stock exchange statement on Sunday. […]
Chernobyl without electricity: Energy authorities fear radioactive leak The Chernobyl nuclear power plant has been cut off from the power grid. Some officials fear that there could be a leak of radioactive material. Scott L. Hall, USA TODAY Wayne County commissioners plan to hold a public discussion Tuesday on a controversial plan to move hazardous […]
(Bloomberg) — According to Kevin Gallagher, chief executive of Santos Ltd., demand for natural gas will remain strong despite government and corporate efforts to reduce emissions to zero by mid-century. Gallagher is under pressure to deliver on its ambitious strategy to increase production by more than 50% by the end of the decade and establish […]
(Bloomberg) — Russian gas producer Novatek PJSC appears to be pushing ahead with an expansion project for its Arctic LNG 2 plant despite Western energy sanctions. A small fleet of tugboats towing a second production train approached the site of the plant on Saturday, according to vessel tracking data. The platform left the construction site […]
Gas from the project will flow to Shell’s QCLNG liquefied natural gas (LNG) plant on Curtis Island near Gladstone to fulfil long-term contracts and supply domestic customers. This is part of an existing 27-year gas sales agreement between Arrow Energy and QGC. Phase 2 is expected to deliver approximately 22,400 barrels of oil equivalent per […]
ADNOC Gas, a world-class integrated gas processor, and its subsidiaries today announced strong financial results for the second quarter (Q2) of 2024, reporting adjusted net profit of US$1.190 billion, an improvement of 21% year-on-year. Second-quarter revenues increased 13% year-on-year to $6.076 billion. In the UAE, population growth and industrial growth contributed to higher revenues in […]
The Ukrainian incursion into Russia’s Kursk region – the largest since the war began, with around 1,000 troops and more than two dozen tanks and other armored vehicles storming across the border this week – poses a threat to a key gas supply pipeline from Russia to the European Union. Although it may come as […]
