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HomeAuthorsClark Savage

Articles by Clark Savage

Aruba-grapple-with-distressed-oil-assets-energynewsbeat
Crude Oil News

Curacao, Aruba grapple with distressed oil assets

November 23, 2020 Clark Savage

Bogota, 23 November (Argus) Curacao severed an oil storage contract with SPS Drilling E&P six weeks after it was signed, underscoring the challenge of monetizing Caribbean assets formerly run by Venezuela’s state-owned PdV. The 15 […]

Energy Storage

Australian utility AGL reveals latest big step towards 850MW of battery storage

November 23, 2020 Clark Savage

AGL said it has also lodged a Scoping Report – a necessary step in the process to get planning approval – for a 50MW battery facility at its Broken Hill solar farm in NSW (pictured). […]

Finance

BP agrees London headquarters sale and leaseback with Lifestyle Intl

November 23, 2020 Clark Savage

LONDON (Reuters) – BP BP.L has agreed to sell its London headquarters for 250 million pounds, a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy. […]

Total in talks with Libya to expand oilfield investment -energynewsbeat.com
Crude Oil News

Total in talks with Libya to expand oilfield investment

November 23, 2020 Clark Savage

(Bloomberg) –France’s Total SE is in talks to increase energy investment in Libya, where oil output has surged in the past two months amid a truce in the OPEC member’s civil war. Total and Libya’s […]

ConocoPhillips - Northslope - Energynewsbeat.com
Crude Oil News

ConocoPhillips to resume drilling on Alaska’s North Slope

November 22, 2020 Clark Savage

Anchorage, Alaska — ConocoPhillips plans to restart drilling on Alaska’s North Slope before the end of the year and will have four rigs operating in 2021, company officials said Wednesday. Next year’s budget hasn’t been approved […]

International News

Trump Administration proposes revised Arctic regulations

November 22, 2020 Clark Savage

The U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement and Bureau of Ocean Energy Management announced that they will issue an Arctic Exploratory Drilling Proposed Rule to remove unnecessary, burdensome provisions while ensuring that energy exploration on the […]

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