E.ON with robust first-half results despite COVID-19

by Timothy Reeder | Aug 18, 2020 | News

Following the conclusion of the innogy takeover, European energy company E.ON has again demonstrated its resilience in the current economic crisis. Assuming that there is not another far-reaching lockdown in E.ON’s core markets, the company expects that the bulk of...

TOTAL ANNOUNCES THIRD SIGNIFICANT DISCOVERY IN BLOCK 58 OFFSHORE SURINAME

by Timothy Reeder | Aug 18, 2020 | News

Total and Apache Corporation have made a significant third discovery with the Kwaskwasi-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central in January and Sapakara West in April. The well was drilled by a water depth of...

Eni stands with Italy: the company supports local health facilities in fight against Coronavirus

by Timothy Reeder | Apr 7, 2020 | News

As part of its work to stop the spread of coronavirus, Eni has launched a series of initiatives to help local health facilities in the areas it operates in. These initiatives, which are additional to those announced on 13 March, bring Eni’s total contribution to...

E.ON secures energy supply in crisis mode

by Timothy Reeder | Apr 7, 2020 | News

After more than a month of energy supply in corona crisis mode, E.ON’s initial interim assessment is positive. The power, gas, and heat networks that E.ON uses to secure the energy supply in large parts of Europe are running stably, even in this difficult operational...

Oil discovery in the US Gulf of Mexico

by Timothy Reeder | Apr 7, 2020 | News

Equinor and co-venturers Progress Resources USA Ltd and Repsol E&P USA Inc. have encountered oil in the Monument exploration well in the US Gulf of Mexico. The Monument exploration well found approximately 200 feet (c. 60 metres) of net oil pay with good reservoir...

TOTAL ANNOUNCES A SECOND DISCOVERY IN BLOCK 58

by Timothy Reeder | Apr 7, 2020 | News

Total and Apache Corporation have made a second significant discovery with the Sapakara West-1 well on Block 58 offshore Suriname. It follows the previous discovery at Maka Central-1. The well was drilled by a water depth of about 1,000 meters and encountered 79...