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Cuadrilla Says Drillrig Has Arrived at UK Site
Cuadrilla Resources said July 27 that the drilling rig that will be used to drill the first two horizontal wells to be drilled into UK shale rock has been delivered to its shale…
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UK Follows France's 2040 Lead on Cars, But Without a Roadmap
The UK is to ban the sale of new petrol and diesel cars in 2040, following the lead set three weeks ago by France. The July 26 announcement by UK environment and transport…
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UK Indie to Partner YPFB in Bolivia
UK-listed South American gas explorer Echo Energy said July 26 it had signed a technical evaluation agreement for Rio Salado Block, onshore Bolivia. The agreement is a long way…
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Tullow Posts Big 1H Loss, After Ghana Impairment
Tullow Oil posted a net loss in first half 2017 of $309mn after impairments, it said July 26, contrasting with its 1H 2016 net profit of $30mn. The latest result was net of a…
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UK's Cadent Appoints Chairman
Cadent Gas, the UK gas distribution company spun off by National Grid, said July 25 it has appointed Adrian Montague (below) as its chairman. He joined the Cadent board for the…
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Gasunie Expects Tariff Ruling to Shrink 2017 Revenue by 25%
Netherlands state-owned infrastructure operator Gasunie has reported a fall in turnover and profits in 1H 2017, which it says will get steeper later this year following changes…
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UK Offers Mature Blocks in 30th Licensing Round: Update
(Adds industry comment in final two paras) UK upstream regulator, the Oil and Gas Authority (OGA) has offered 813 blocks or part-blocks in mature offshore UK areas in its 30th…
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UK Issues 'Hydrogen for Homes' Tender
The UK government's Department for Business Energy and Industrial Strategy (Beis) is tendering for a contractor to manage the delivery of a £25mn programme to explore…
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First Culzean Gas on Target for 2019: Maersk
Maersk Oil has said that its $4.5bn North Sea Culzean gas field development is on target to produce first gas on schedule in 2019, having reached a key milestone with the safe…
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NextDecade In Irish FSRU Talks
Texas-based LNG export projects developer NextDecade last week announced it has signed a memo of understanding with Ireland's Port of Cork. Under the MoU, both parties have…
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BP Eyes US Midstream IPO, But Not Sale of UK Fields
BP said July 18 it is evaluating the formation and initial public offering (IPO) of a master limited partnership (MLP) to enhance shareholder value and to support BP's strategy…
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German RWE Mulls Building Giant UK Gas Plant
German utility RWE is to begin the planning process to develop future energy options at its former Tilbury B coal-fired power station, it said July 20, adding that this could…
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Price Revision Lifts Iberdrola
Power-oriented Spanish utility Iberdrola said July 20 that its 1H 2017 profit rose by 4.2% year on year to €1.52bn ($1.75bn), of which 11% was from cheaper gas. It said the&nb…
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Cuadrilla Expects UK Frack in 2H 2017
Six years after a moratorium was imposed in 2011 on all UK shale gas activity, lifted in late 2012 – and three years since the government said that UK shale gas reserves…
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Scottish LNG Ferry to Start Up 2H2018
A key stage in the construction of the UK's first LNG-fuelled ferry was marked July 14 when an 88-metric-ton LNG tank was delivered to the Ferguson shipyard on the River Clyde…
