BHP announced a partnership with Caterpillar Inc. to develop and deploy zero-emissions mining trucks at BHP sites to reduce operational greenhouse gas (GHG) emissions.
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Sarawak Shell Berhad (SSB), a subsidiary of Royal Dutch Shell plc, announced that it has taken a final investment decision (FID) on the Timi gas development project and, together with its partners PETRONAS Carigali Sdn Bhd and Brunei Energy Exploration, look forward to delivering this for Malaysia.
Continuing its strategic focus to develop a world-class energy portfolio, The National Gas Company of Trinidad and Tobago Limited (NGC), through its wholly-owned subsidiary NGC Caribbean Investments Limited (NCIL), is pleased to announce the acquisition of Heritage Petroleum Company Limited’s Non-Operated Joint Venture (NOJV) participating interest in Block 3(a), off Trinidad’s east coast. As a result of this acquisition, NGC has increased its participating interest in the block from 11.41% to 31.54%. NGC will now have access to additional equity crude, which will bolster its marketing and trading portfolio. As announced in July 2020, NGC previously executed a Gas Sales Contract with BHP to purchase 100% of the gas produced from Block 3(a) to add to its existing portfolio of natural gas supply.
Shell Brazil Holding B.V. (Shell), a subsidiary of Royal Dutch Shell plc, today marks the start of trading in shares of Raízen S.A. (Raízen), the renewable energy joint venture between Shell and Brazilian energy company Cosan, on the São Paulo Stock Exchange (B3), following the successful execution of an initial public offering (IPO).
The Board of Woodside has appointed acting CEO Meg O’Neill as the company’s Chief Executive Officer and Managing Director.
Ms O’Neill succeeds Peter Coleman who retired from Woodside in June 2021. The appointment is effective immediately.
The study found that the production of green hydrogen and green ammonia using renewable energy is technically feasible at scale in Australia. Its findings also support bp’s conviction that, with its vast potential solar and wind resources, existing infrastructure and proximity to large, long-term markets, Western Australia is an ideal place to develop large scale renewable energy assets that can in turn produce green hydrogen and/or green ammonia for domestic and export markets.
Frontera Energy Corporation and CGX Energy announced the spudding of the Kawa-1 exploration well, offshore Guyana.
The Kawa-1 well is located in the northeast quadrant of the Corentyne block, approximately 200 kilometers offshore from Georgetown. The water depth is approximately 355 meters (1174 ft) and the expected total depth of the Kawa-1 well is 6,685 meters (21,932 ft).
Trinidad and Tobago’s transition to renewable energy was given a boost today with the announcement of the 12 finalist sites chosen to receive installations of small-scale roof-mounted Solar Photovoltaic (PV) solar panels, capable of supplying energy for power generation. The announcement was made by the Global Climate Change Alliance Plus (GCCA+) Project Team at the United Nations Development Programme (UNDP) in Trinidad and Tobago. These installations form part of a EUR 2.4 M project entitled ‘Support to the Implementation of Trinidad and Tobago’s Nationally Determined Contribution’, designed to assist the country on a low carbon path, and increase its climate resilience in keeping with its stated targets and committments under the 2015 Paris Agreement.
The National Gas Company of Trinidad and Tobago Limited (NGC) together with its subsidiaries (collectively the Group) announced a profit of TT$$437M which represents an uplift of 292% compared to with the restated loss of TT$228M for the same period in 2020. Cumulatively for 2021, The Group’s financial performance compares favourably with the first half of the previous year and signals a trend of improvement that is expected to continue based on current market conditions.
The Energy Chamber of Trinidad & Tobago has noted the recent announcement concerning the merger of BHP’s Petroleum Division with Australian independent gas producer, Woodside, subject to negotiations and regulatory approval.
BHP has announced its intent to create a global top 10 independent energy company through an agreement to pursue a merger of BHP’s petroleum business with Woodside
Merging BHP’s Petroleum assets with Woodside will unlock synergies and increase value and choice for BHP shareholders. The combined business will offer ongoing value during the energy transition.
Aquaterra Energy, has completed the engineering design for a renewable-powered Sea Swift offshore platform for DeNovo Energy Limited. The offshore platform is part of the development activity for the Zandolie field, located in the Gulf of Paria, off the west coast of Trinidad and is scheduled to be installed in Q4 2021.
The National Gas Company of Trinidad and Tobago Limited (NGC) has published its 2020 Annual Report, themed ‘Embracing Opportunity, Creating Value’.
bp announced that it has agreed Memoranda of Understanding (MoUs) with a series of new potential customers for its proposed clean hydrogen production facility in Teesside in north-east England.
The Board of Directors of the Energy Chamber of Trinidad and Tobago expresses deep sadness over the sudden passing of energy pioneer Bruce Dingwall.
There is positive news for the downstream sector as The National Gas Company of Trinidad and Tobago Limited (NGC) signed a Consolidated Gas Supply Contract (CGSC) with Methanol Holdings (Trinidad) Limited (MHTL), part of the Proman family of companies. This contract will support operations at the MHTL Methanol Complex, which includes the mega-methanol M5 plant, one of the world’s most efficient low carbon methanol producers. Where in the past each of MHTL’s plants was supplied under individual gas sales contracts, the CGSC is a single contract which will govern the sale of gas to the entire complex. This new approach will streamline and enhance contract administration, relationship management, logistics and planning, and give flexibility to MHTL to manage its supply in the most efficient manner.
DeNovo Energy Limited (DeNovo) and the National Gas Company of Trinidad and Tobago (NGC) announced the signing of the Zandolie Field development Gas Sales Contract (GSC) for commercialisation of the Zandolie Field located in Block 1(a).
TotalEnergies and Apache Corporation have encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname. This announcement follows previous discoveries at Maka Central, Sapakara West, Kwaskwasi and Keskesi.
bp Trinidad and Tobago LLC (bpTT) announced the installation of the topsides of its Cassia Compression (Cassia C) platform off Trinidad’s east coast.
BHP has announced the signing of a nickel supply agreement with one of the world’s leading sustainable energy companies, Tesla Inc.