BP invests $30m in breakthrough technology to produce animal feeds from natural gas

by Timothy Reeder | Jul 1, 2019 | News

BP Ventures has made an investment of $30 million in Calysta, Inc., an alternative protein producer, that will use BP’s natural gas to produce protein for fish, livestock and pet feeds. The investment supports BP’s strategy of creating new markets in which gas can...

Rolls-Royce and Yuchai Machinery broaden their collaboration

by Timothy Reeder | Jul 1, 2019 | News

The Rolls-Royce Power Systems division and its Chinese partner Guangxi Yuchai Machinery Company intend to further intensify their collaboration in the construction and sale of engines. A corresponding agreement was signed by representatives of both companies during...

Total Launches Phase 2 on the Giant Mero Field Development

by Timothy Reeder | Jun 12, 2019 | News

Total and its partners have taken the investment decision for the second phase of the Mero project (Libra block), located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin in Brazil.  This decision...

First LNG Cargo shipped from Prelude FLNG

by Timothy Reeder | Jun 12, 2019 | News

Shell, along with its Joint Venture Partners INPEX, KOGAS and OPIC, today announced that the first shipment of Liquefied Natural Gas has sailed from Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility located 475kms North East of Broome in Western...

UK: Total starts up production of the Culzean field

by Timothy Reeder | Jun 12, 2019 | News

Total has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK. With a plateau production of 100,000 barrels of oil equivalent per day (boe/d), Culzean will account for around 5% of...

ExxonMobil, Partners to Redevelop Angola Block 15 to Increase Production

by Timothy Reeder | Jun 12, 2019 | News

ExxonMobil and its partners said today they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels. As part of the agreement, Sonangol, Angola’s...