Month: December 2018
Scrapping 79 Japanese nuclear facilities to cost roughly $17.1B
The state-backed Japan Atomic Energy Agency (Jaea) said last week it would have to spend roughly 1.9 trillion yen ($17.1 billion) to close 79 facilities over 70 ...
Iraq’s policies on upstream development ‘stalled’: GlobalData
Despite Iraq’s ambitions to expand its crude oil and natural gas production, the country’s policies to support upstream development appear stalled, Kallanish Energy learns from data/analytics firm GlobalData. Iraqi oil ...
Anti-energy activists cost U.S. $91.1B in delayed, cancelled projects
A new analysis by the U.S. Chamber of Commerce’s Global Energy Institute finds the anti-energy “Keep It in the Ground” movement has prevented at least $91.9 billion ...
Shell, Eni knew of corruption in Nigeria’s OPL 245 deal: judge
European oil majors Shell and Eni reportedly knew of the corruption ongoing during their OPL 245 acquisition in Nigeria, a case in which they are being tried ...
Pennsylvania proposes methane rules for existing wells, facilities
The Pennsylvania Department of Environmental Protection has rolled out a draft plan to curtail air emissions from thousands of existing oil and natural gas wells — a move that could have ...
Hess to focus on Bakken, Guyana in 2019
Hess Corp. has announced it plans to spend $2.9 billion in its 2019 capital and exploratory budget, with 75% of that money earmarked for high-return growth assets in the Bakken ...