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Colorado university sees busy Atlantic hurricane season
Forecasters at Colorado State University in an April 9 report are predicting this year’s Atlantic hurricane season will be busier than ever, posing a potential threat to oil and gas operators along the US Gulf Coast.
“We anticipate that the 2021 Atlantic basin hurricane season will have above-normal activity,” the report from the university’s tropical meteorology project predicts.
The probability that at least one storm stronger than a category 3 hurricane, the low-point for classification as a major hurricane, will make landfall in the continental United States is 69%, above the 52% average for the last century.
India to see 647 oil, gas project start-ups in 2021-25: GlobalData
Apr 1, 2021 9:45:am
Summary GlobalData estimates that India would account for a third of the total upcoming project start-ups across the value chain in the Asia-Pacific region.
by: Shardul Sharma
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India to see 647 oil, gas project start-ups in 2021-25: GlobalData
India is likely to see the start of 647 oil and gas projects during 2021 to 2025, accounting for a third of the overall project launches across the value chain in the Asia-Pacific (Apac) region within the period, analytics firm GlobalData said on April 1.
According to a GlobalData report, 80 of the projects will be in the upstream sector, 123 in the midstream, 85 in refining and 359 in petrochemicals.
US discusses energy transition with Saudi Arabia
Apr 1, 2021 3:09:pm
Summary
by: Daniel Graeber
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US discusses energy transition with Saudi Arabia
On the eve of a pivotal meeting among OPEC and its allies, US energy secretary Jennifer Granholm said March 31 she had a “productive call” with her Saudi counterpart on the energy transition.
Granholm said she spoke by phone with Abdulaziz bin Salman, the Saudi energy minister, to discuss international cooperation on affordable and reliable energy sources.
“We also discussed closer collaboration to solve common challenges and develop renewable energy sources, increase efficiency, reduce methane in oil and gas production, and develop clean forms of hydrogen to combat climate change,” she said in a social media post.
BP Walks Away from Kazakh Projects
Mar 15, 2021 1:50:pm
Summary
by: Joe Murphy
BP has opted against proceeding with exploration at three upstream projects in the Kazakh section of the Caspian Sea in light of the shift in its strategy last year towards renewables and away from oil and gas.
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