Tagged Environment

French quintet joins methane emissions reduction initiative

By Adnan Bajic A French quintet including Elengy, GRDF, GRTgaz, Storengy and Teréga joined the OMGP partnership aiming to cut methane emissions from their respective operations. Courtesy of Elengy The Oil and Gas Methane Partnership 2.0 is launched by the United Nations Environment Program (UNEP) with the support of the European Commission. The OGMP’s objective…

Milorad Doljanin resigns as Avenir LNG CEO

By Adnan Bajic Avenir LNG, a joint venture between Stolt-Nielsen, Hoegh LNG and Golar LNG, said its CEO Milorad Doljanin has filed his resignation. Milorad Doljanin (Courtesy of Avenir LNG) The company said in its statement that Peter Mackey will assume the additional CEO responsibilities on an interim basis effective November 18, 2020. Mackey joined…

Green Light for the Narrabri Gas Project

By Zlatan Hrvacevic Australian giant Santos has welcomed the New South Wales Independent Planning Commission’s (IPC) decision to give green light to the Narrabri Gas Project. According to Santos, the company will accept the conditions proposed by the IPC and will now work with the Federal Department of Agriculture, Water and Environment as it considers…

GasLog tightens Q2 loss

By Adnan Bajic Greece-based LNG shipping company GasLog tightened its losses in the second quarter of the year. Courtesy of GasLog The shipper reported a loss of $21.3 million for the quarter ending June 30, 2020, which compares to a net loss of $26 million reported in the corresponding quarter in 2019. The company noted…

Repsol swings to loss as asset impairments bite

By Nermina Kulovic Repsol booked a loss in the second quarter of the year after being forced to re-evaluate its upstream assets due to the effects of the coronavirus pandemic and the low oil price environment. The… … Read Full Article Here For more great articles: Offshore Energy Today