





























News from IVS
News from
the Oil&Gas World
16 February 2021
Arctic freeze shutters Texas oil refineries
Arctic freeze shutters Texas oil refineries A deep freeze in the USA is taking a toll in the energy industry....
16 February 2021
SNAM among the world’s 50 most sustainable companies
SNAM among the world’s 50 most sustainable companies SNAM has been awarded by SEAL Awards among the world’s 50 most...
16 February 2021
Record loss for oil giants in 2020
Record loss for oil giants in 2020 The five supermajors Exxonmobil, BP, Shell, Chevron and Total recorded a combined loss...
10 February 2021
The quarrels around the Southern Gas Corridor
The quarrels around the Southern Gas Corridor The SGC (Southern Gas Corridor) has started delivering gas from the Caspian Sea...
10 February 2021
Vestas launches jumbo offshore wind turbine to match rivals
Vestas launches jumbo offshore wind turbine to match rivals The Danish company has announced plans for the construction of a...
Sub-Saharan Africa to green-light 74 million tons/year LNG capacity by 2030 It is likely that Sub-Saharan Africa will approve an...
1 February 2021
New oil&gas discovery of Equinor in the North Sea
New oil&gas discovery of Equinor in the North Sea Equinor and partners have announced a new oil&gas discovery near the...
The international corruption case Eni/Shell – Nigeria is close to an end The Court of Milan has accepted as evidence,...
1 February 2021
Baker Hughes launches new onshore composite pipe
Baker Hughes launches new onshore composite pipe Energy technology company Baker Hughes last week unveiled the development of an onshore...
Urgent meeting scheduled to discuss Tempa Rossa’s recent flame risings The Regional Councillor for Environment and Energy, Gianni Rosa, has...
Equinor to make third capacity increase at Johan Sverdrup project Norwegian based company Equinor and its partners are planning to...
28 January 2021
Ecopetrol offers to acquire ISA
Ecopetrol offers to acquire ISA The Colombian state-owned oil company Ecopetrol aims to distance itself from oil to increase its...
20 January 2021
Equinor and Saipem test offshore solar in Norwegian Sea
Equinor and Saipem test offshore solar in Norwegian Sea The two companies are partnering to test an offshore floating solar...
20 January 2021
Biden suspends federal oil and gas leasing for 60 days
Biden suspends federal oil and gas leasing for 60 days The new American administration has suspended new leasing for fossil...
20 January 2021
Green light for Venice LNG storage facility in Porto Marghera
Green light for Venice LNG storage facility in Porto Marghera Venice LNG, a subsidiary of the Decal Spa Group, has...
USA ready to issue new sanctions for Nord Stream 2 by end of January Letters of warning have been sent...
12 January 2021
LNG exports to increase in the USA in 2021
LNG exports to increase in the USA in 2021 The rise in natural gas prices on the global market is...
Agreement between NOGA and Eni Rewind for the development of projects in Bahrein NOGA (National Oil and Gas Authority of...
4 January 2021
Allseas removes gas platforms in UK
Allseas removes gas platforms in UK Allseas is preparing to remove two disused Sprit Energy gas platforms from Morecambe Bay...
4 January 2021
Iraq – China: agreement on oil with advance payment
Iraq – China: agreement on oil with advance payment The company that manages Iraq’s oil exports, The State Organization for...
DNV GL interrupts certification work to Nord Stream 2 pipeline due to US sanctions The Norwegian-based quality assurance company DNV...
Finland Shuts Down Nuclear Reactor After ‘Severe Abnormal Disturbance’ A nuclear reactor at the Olkiluoto nuclear power plant 220 kilometers...
9 December 2020
ExxonMobil and Petronas discover oil&gas in Suriname
ExxonMobil and Petronas discover oil&gas in Suriname ExxonMobil and Petronas have announced a new oil&gas discovery offshore Suriname. The hydrocarbons...
9 December 2020
Snam and Linde to jointly work on clean hydrogen projects
Snam and Linde to jointly work on clean hydrogen projects Snam and Linde will work together to develop clean hydrogen...
4 December 2020
Denmark to abandon future exploration and licensing round
Denmark to abandon future exploration and licensing round According to Energy Minister Dan Jorgensen, Denmark is ready to stop offering...
4 December 2020
Eni enters huge offshore wind market project in UK
Eni enters huge offshore wind market project in UK Eni has entered the largest offshore wind project in the world....
4 December 2020
OPEC and Russia agree to raise oil supply starting from January
OPEC and Russia agree to raise oil supply starting from January OPEC and Russia have found a new agreement on...
Saipem and national research institute to collaborate on geothermal project Saipem, together with the Italian National Institute of Geophysics and...
24 November 2020
Last heir of rich oilmen dinasty John Gilbert Getty died in Texas
Last heir of rich oilmen dinasty John Gilbert Getty died in Texas John Gilbert Getty, the grandson of oil tycoon...
24 November 2020
New oil discovery in Abu Dhabi
New oil discovery in Abu Dhabi About 22 billion barrels of non-conventional and recoverable crude oil were recently discovered in...
17 November 2020
Ansaldo Energia presents its new GT36 gas turbine to the world
Ansaldo Energia presents its new GT36 gas turbine to the world After seven years of planning and construction, Ansaldo Energia,...
17 November 2020
Norway to offer fresh exploration licenses
Norway to offer fresh exploration licenses Norway is offering new exploration licenses. According to Petroleum and Energy Ministry Tina Bru,...
17 November 2020
Biden’s promise to ban new oil and gas permitting
Biden’s promise to ban new oil and gas permitting The new elected president of the United States Joe Biden made...
12 November 2020
ERG to increase capacity of two wind farms in Scotland
ERG to increase capacity of two wind farms in Scotland Erg has obtained the authorization to increase capacity of the...
12 November 2020
Maersk Drilling awarded one-well contract by Brunei Shell Petroleum
Maersk Drilling awarded one-well contract by Brunei Shell Petroleum Brunei Shell Petroleum has awarded Offshore drilling contractor Maersk Drilling a...
12 November 2020
ERG to increase capacity of two wind farms in Scotland
ERG to increase capacity of two wind farms in Scotland Eni, together with the Norwegian energy investor HitecVision have set...
3 November 2020
Snam takes first step into India with hydrogen business
Snam takes first step into India with hydrogen business Snam has signed a series of deals involving hydrogen and low-carbon...
3 November 2020
Shell to shut down refinery in south Louisiana
Shell to shut down refinery in south Louisiana Shell is ready to shut down its 53 years old Convent refinery...
3 November 2020
Offshore wind power project in Italy ready to start
Offshore wind power project in Italy ready to start Legambiente, Greenpeace and Kyoto Club have signed together with Anev (National...
30 October 2020
Libya’s NOC announces oil fields reopen
Libya’s NOC announces oil fields reopen Blocked for more than 10 months, the state-run National Oil Corporation (NOC) has announced...
Venezuelan oil tanker in the Caribbean Sea to split its contents? A vessel filled with 1.3 million barrels of crude...
30 October 2020
ExxonMobil announces staff cuts
ExxonMobil announces staff cuts The company is about to cut around 1,900 employees as a result of ongoing reorganizations and...
22 October 2020
Trans Adriatic Pipeline TAP construction is complete
Trans Adriatic Pipeline TAP construction is complete The Trans Adriatic Pipeline TAP is finally complete and has been filled with...
Eni awarded “Sustainability governance” leader for the second year Eni was recognized, for the second year, as an example of...
22 October 2020
MOA signed by Israel and UAE for oil&gas transportation
MOA signed by Israel and UAE for oil&gas transportation The Israeli company Asia Pipeline Company (EAPC) has signed a memorandum...
14 October 2020
EU is about to introduce carbon emissions border tax
EU is about to introduce carbon emissions border tax Although its exact structure is yet to be agreed upon, the...
14 October 2020
Salvatore Pinto new President of Energia Libera
Salvatore Pinto new President of Energia Libera Salvatore Pinto, President of Axpo Italia, was unanimously elected new President by the...
14 October 2020
Saras refinery accused of doing business with ISIS
Saras refinery accused of doing business with ISIS Saras, one of the biggest Italian oil refineries located in Sardinia, is...
5 October 2020
Poland fines Gazprom € 6,47 billion over Nord Stream 2
Poland fines Gazprom € 6,47 billion over Nord Stream 2 Russian giant Gazprom was fined by the Polish anti-monopoly watchdog...
Norway strike threatens to cut a quarter of oil and gas output Six offshore oil and gas fields were shut...
Vestas wins wind turbine order for Serra del Vento project in Sicily AM Energie Rinnovabili has placed a 28MW order...
28 September 2020
Denmark allows Nord Stream 2 to operate offshore
Denmark allows Nord Stream 2 to operate offshore The DEA (Danish Energy Agency) has granted a permit to Nord Stream...
28 September 2020
Shell expects to make between 7,000 and 9,000 job cuts
Shell expects to make between 7,000 and 9,000 job cuts Shell’s CEO Ben van Beurden has declared that the company...
28 September 2020
SNAM enters the field of biomethane
SNAM enters the field of biomethane SNAM has completed the acquisition of 50% of the share capital with right of...
Snam and Saipem start working together on new energy transition technologies Snam and Saipem, who already work together in the...
23 September 2020
France looking for German collaboration on clean hydrogen projects
France looking for German collaboration on clean hydrogen projects France’s finance minister Le Maire has revealed that the country is...
23 September 2020
BP invests in offshore wind
BP invests in offshore wind Following a century of oil exploration, BP is now planning to move into offshore wind...
14 September 2020
Erdogan looking for allies to block sanctions over drilling activities
Erdogan looking for allies to block sanctions over drilling activities Turkish President Erdogan is currently having talks with European leaders...
14 September 2020
Amazon plans to invest in a new 115MW wind farm project
Amazon plans to invest in a new 115MW wind farm project Amazon is about to become one of the largest...
14 September 2020
Eni makes new gas discovery offshore Egypt
Eni makes new gas discovery offshore Egypt Eni has announced a new gas discovery offshore Egypt in the Great Nooros...
2 September 2020
Merkel pressed to cancel Nord Stream 2 after Navalny poisoning
Merkel pressed to cancel Nord Stream 2 after Navalny poisoning Merkel has been asked to rethink Nord Stream 2 pipeline...
2 September 2020
France and Iraq talk nuclear energy project
France and Iraq talk nuclear energy project French President Macron has met Prime Minister Mustafa Al Kadhimi’s in Baghdad on...
2 September 2020
The UK government will review offshore oil and gas licensing
The UK government will review offshore oil and gas licensing UK has announced the possibility to review its policy regarding...
Total signs security pact with Mozambique to boost LNG project security A famous Islamic terrorist organization has recently claimed responsibility...
Is the latest gas discovery going to change the future of Turkey? A few days ago Turkey has announced its...
27 August 2020
Saipem to develop offshore wind park in Adriatic Sea
Saipem to develop offshore wind park in Adriatic Sea Saipem, who operates in more than 70 countries and is present...
18 August 2020
Total Launches the third phase of Giant Mero Field in Brazil
Total Launches the third phase of Giant Mero Field in Brazil Total, together with its partners, have announced the launch...
18 August 2020
USA and Norway sign Energy Deal
USA and Norway sign Energy Deal USA and Norway announced to have formalized their partnership by signing a Memorandum of...
Sogin has started with the dismantling of the nuclear power plant in Latina Sogin SpA (Societa Gestione Impianti Nucleari) has...
27 July 2020
Russia’s Oil Hedge program
Russia’s Oil Hedge program Russian President Vladimir Putin has asked its ministries to work on a report about the pros...
Webinar of Confindustria Energia about infrastructures and investments The webinar of Confindustria Energia concerning infrastructures and investments was held on...
Ferreira re-elected as chairman of Petrobras by shareholders Eduardo Bacellar Leal Ferreira has been re-elected as chairman of the Brazilian...
Sinopec creates new record by drilling 8,725 meters deep oil Sinopec (China Petrochemical Corporation) has announced that a well was...
13 July 2020
Shell’s Louisiana refinery might be put for sale
Shell’s Louisiana refinery might be put for sale Shell is checking the market to sell its Convent refinery in Texas....
Mexican oil company Pemex plans a $22.4 billion debts swap Mexico’s Petroleos Mexicanos (Pemex), who has amassed $105 billion in...
30 June 2020
Trans Adriatic Pipeline (TAP) close to completion
Trans Adriatic Pipeline (TAP) close to completion The 105 km long offshore section of the TAP pipeline across the Adriatic...
American Chesapeake Energy Corporation files for bankruptcy The hydrocarbon exploration giant Chesapeake Energy Corporation is going to go out of...
Eni’s new gas discovery in Mediterranean Sea offshore Egypt Energy major Eni has announced a new gas discovery in Egypt’s...
Global natural gas demand to drop by the most in history According to the International Energy Agency Global, the demand...
Italy and Greece sign historic deal delimiting Mediterranean Sea borders Italy and Greece have reached an agreement for the demarcation...
8 June 2020
Eni gas e luce acquires startup Tate
Eni gas e luce acquires startup Tate The energy company Eni gas e luce has completed the acquisition of a...
Lebanon postpones deadline for the 2nd offshore licensing round for the third time Due to the coronavirus epidemic and its...
Italgas extends its networks of gas distribution in Belluno Italgas has officially been awarded a 12-year concession for the distribution...
Green Arrow Capital acquires biomethane plants for 75 million Euro The independent financial group Green Arrow Capital (GAC) based in...
Equinor awards Saipem a contract to provide engineering services globally Saipem has signed a two-year frame agreement with Norvegian company...
Alberta’s Energy Minister: Expansion of Trans Mountain oil pipeline to begin soon According to Alberta’s Energy Minister Sonya Savage, it...
Eni redesigns eniSpace, a dedicated platform for its suppliers Eni has launched an updated platform for its suppliers as a...
Repsol threatened by Trump over its drilling business in Venezuela The US President has threatened Repsol with “devastating” sanctions if...
Denmark plans the construction of two big energy islands to meet 2030 climate target Denmark, who has committed to become...
Shell, 60 foreign workers temporarily evacuated from Basra Gas Company As a security measure and following staff protests regarding delayed...
Eni is working with Citi bank to sell natural gas assets Due to the coronavirus pandemic and the drop of...
Iberdrola acquires two wind projects in central Scotland Iberdrola-owned ScottishPower has purchased two onshore wind farms near Douglas in South...
Petrobras discovers excellent quality oil in Buzios and Albacora fields offshore Brazil The Brazilian oil company has revealed it has...
Wind energy industry to generate 4 million jobs by 2030 According to GWEC (Global Wind Energy Council), the wind sector...
The last Austrian coal-fired plant has shut down The Alpine country has closed his last coal-fired powered plant. The shutdown...
Gazprom continues to supply natural gas to China despite contractor’s work suspension A contractor working for Gazprom has stopped the...
Ben van Beurden: Demand may not recover once Covid19 is over? According to Ben van Beurden, CEO of Shell oil...
27 April 2020
Saipem awarded for first Egyptian polybutadiene plant
Saipem awarded for first Egyptian polybutadiene plant Saipem awarded for first Egyptian polybutadiene plant Saipem has been awarded a contract...
27 April 2020
Final round for Nord Stream 2 gas pipeline issue
Final round for Nord Stream 2 gas pipeline issue The German Federal Network Agency will soon decide about the future...
UK based offshore drilling company Valaris to explore bankruptcy options The largest offshore drilling and well drilling company in the...
20 April 2020
Oil prices at the mercy of the coronavirus, glut in markets and storage facilities full
Oil prices at the mercy of the coronavirus, glut in markets and storage facilities full On Friday last week, the...
Claudio Descalzi and Francesco Starace reappointed as CEOs of Eni and Enel The Italian government has confirmed Claudio Descalzi and...
12 March 2020
SNAM works from home in response to Coronavirus outbreak
SNAM works from home in response to Coronavirus outbreak As a precautionary measure, SNAM has allowed its employees living in...
Wells Fargo stops financing new oil and gas projects in the Arctic Wells Fargo joins Goldman Sachs and JPMorgan and...
Eni has completed the gas pipeline in Algeria with Sonatrach Eni and Sonatrach have completed the 185 km gas pipeline...
Steps forward for the phase out of the coal plant in Civitavecchia (Italy) The President of the central-northern Tyrrenian Port...
Aramco ready to invest $110 billion for the Jafurah unconventional gas field Saudi Aramco has received the regulatory approval to...
Kuwait excludes oil carriers from ban over coronavirus The restrictions related to coronavirus implemented in Kuwait do not cover oil...
24 February 2020
Italy is Azerbaijan’s main country for oil export
Italy is Azerbaijan’s main country for oil export The state visit by Azerbaijani President Ilham Aliyev to Italy this week...
Brazil decides to stay out from OPEC to maximize its output expansion Brazil does not have any plans to join...
24 February 2020
Vaalco Energy discovers oil in the offshore Gabon
Vaalco Energy discovers oil in the offshore Gabon The US-based company Vaalco Energy has encountered oil sands in the new...
14 February 2020
Oil demand to peak in 2040 according to IMF
Oil demand to peak in 2040 according to IMF Global oil demand will significantly decelerate and peak around 2040. This...
14 February 2020
OPEC considers production cuts until June due to Coronavirus
OPEC considers production cuts until June due to Coronavirus The fast drop of oil prices during the past week due...
14 February 2020
Leading the global market flow
Leading the global market flow ENI, together with Eni New Energy has officially inaugurated a new photovoltaic plant in Porto...
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