Company News
Another bank says no funds for Arctic refuge drilling
Another international financial institution has publicly said it will not fund drilling for oil in Alaska’s Arctic National Wildlife Refuge, Kallanish Energy reports. The announcement came last week in a ...
U.S. LNG 25% cheaper than Russian gas: PGNiG
As Poland announced the first U.S. liquefied natural gas (LNG) import deal in Central Europe, state oil and gas company PGNiG says importing North American gas is 25% cheaper than buying ...
Dominion Energy wants to keep Surry NPP running to 2053
Dominion Energy on Tuesday filed an application with the U.S. Nuclear Regulatory Commission to renew the operating licenses for its Surry Power Station, Kallanish Energy reports. The Virginia-based company wants ...
Qatar Petroleum ‘in talks’ for 3 new LNG train FIDs
BARCELONA, Spain — Qatar Petroleum CEO Saad Al-Kaabi said his company is planning to make the final investment decision (FID) on three new liquefied natural gas (LNG) trains by the end of ...
Cost of U.S. nuclear generation at 8-year low
The average total generating costs for U.S. nuclear reactors in 2017 were 19% lower than in 2012, the highest-cost year in the last eight, a study released ...
Saudis could invest $5B in Russia’s Arctic LNG 2
Saudi Arabia is willing to put some $5 billion into the $25 billion Russian liquefied natural gas (LNG) project Arctic LNG 2, Russian Direct Investment Fund (RDIF) CEO ...
Colombia’s Ecopetrol plans first fracking project
Colombia’s state-run oil company, Ecopetrol, has applied for a permit to launch the country’s first hydraulic fracturing project, targeting unconventional resources in Magdalena Medio, central Colombia. According to CEO Felipe ...
Rosneft abandons planned Pechora LNG project
Russian oil giant Rosneft will abandon its planned Pechora LNG project in the country’s northwest district of Nenets, a spokesperson told Kallanish Energy on Thursday. You have reached your allocation of free ...
Shale gas means billions in chemical industry investment
The availability of, and inexpensive price for, U.S. shale gas since 2010, has resulted in 333 chemical industry projects cumulatively valued at $202.4 billion being announced, with ...
NN Group won’t invest in oil sands projects, pipelines
An international financial services company has announced its withdrawal from financing tar sands oil and pipeline projects in Canada and the U.S., Kallanish Energy reports. The announcement ...