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  • UK’s offshore oil and gas licensing round attracts over 100 bids

    24 January 2023

    More than one hundred applications have been received for the UK’s 33rd offshore oil and gas licensing round, the North Sea Transition Authority (NSTA) announced on January 17. The round, which has now closed, attracted a total of 115 bids across 258 blocks and part-blocks, from a total of 76 companies....

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  • Phillips 66 fuel storage facility explosion injures three people

    20 January 2023

    An explosion and fire at a fuel storage facility in northern Texas, US injured three people on January 17. The incident happened at the Phillips 66 Johnson Tank Farm which is linked to the oil company’s Borger Refinery....

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  • Norway to earn over $200 billion from oil and gas sector in 2023

    17 January 2023

    Norway’s oil and gas operations in the North Sea will continue to churn out cash as the Scandinavian country maintains high production to help support Europe’s energy crisis according to a new report by energy research and consultancy firm Wood Mackenzie....

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  • Pipeline explosion in Lithuania due to rupture, not sabotage

    16 January 2023

    A pipeline explosion near Lithuania’s border with Latvia on January 13 occurred as a result of a rupture and not because of an attack or sabotage. Lithuania's gas transmission operator Amber Grid said the explosion, which resulted in a large fire and the evacuation of a local village, happened due to a welding seam simply tearing open. Police had opened an investigation to determine whether the pipeline was damaged intentionally....

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  • Final report into 2018 Husky Superior Refinery explosion released

    06 January 2023

    The US Chemical Safety and Hazard Investigation Board (CSB) released its final report on the 2018 refinery explosion and fire at the Husky Superior Refinery in Superior, Wisconsin. The accident injured 36 workers, caused roughly $550 million in damage to the facility and released almost 18 tonnes of flammable hydrocarbon vapor into the air....

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Robots will be the oil and gas industry’s growth engine, new report says 03 January 2023

Advances in modular and customizable robots is expected to result in growing deployment of robotics in the oil and gas industry, says data and analytics company GlobalData. Automation enables extensive inspection and maintenance tasks to be conducted while feeding back data to help limit operational costs and improve efficiency which is leading to the volume of robotics use cases in oil & gas growing rapidly....

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Explosion at one of Siberia’s largest refineries kills two, injures five 19 December 2022

An explosion and fire at the Rosneft-operated Angarsk refinery, the biggest by output in eastern Siberia, killed two workers and injured five others on December 15. The incident is the second to have occurred at the facility in a matter of weeks after a fire broke out in November....

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New report highlights five key developments for the energy sector over the next 12 months 13 December 2022

Energy research and consultancy firm Wood Mackenzie has released a new report offering views from across the energy and natural resources sectors on five key developments that are laying the foundations for the delivery of more reliable, affordable and sustainable energy....

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CNOOC invests almost $2 billion in world's largest deepwater oilfield 06 December 2022

On December 1, CNOOC announced the acquisition of a 5% interest in the Petrobras-operated Búzios project in Brazil, the world's largest deepwater oilfield, for US$1.913 billion (£1.57bn). As a result, it became the largest partner of Petrobras in the oilfield....

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Shell to evaluate £25 billion British investment plans following windfall tax announcement 25 November 2022

Shell’s UK Country Chair has said the energy major would be evaluating plans to spend up to £25 billion in Britain over the next decade on a “case by case basis” following the UK government’s decision to increase a windfall tax on oil and gas producers....

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