Snam Inks Second CNG Partnership

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Eni and the Italian gas transmission grid Snam signed a framework agreement May 25 to develop filling stations for natural gas vehicles (NGVs) in Italy.

The partnership aims at developing new compressed natural gas (CNG) and LNG pumps at Eni’s Italian network of filling stations.

At present two of Eni’s Italian filling stations offer LNG, which is used mainly in heavy trucks, and 180 offer CNG.

Snam has 32,000 km of pipelines and has dedicated a five-year budget of €150mn to roll-out up to 300 new CNG service stations by 2021. Italy though already has 1mn NGVs which consumed 1bn m³ in 2015, making it the largest European market.

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Petrobras $21bn sale plan gets green light – NGW Magazine

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Brazil’s Petrobras is planning to sell $21bn of assets but low prices and geology can attract investors to its core oil and gas businesses.

The board of Brazil’s state-run oil and gas major Petroleo Brasileiro (Petrobras) has approved the divestment of new assets, as one of the world’s most indebted companies tries to recover from a major corruption scandal.

The sale is part of the company’s $21bn divestment programme for the 2017-18 period, which is aimed at raising funds to pay off some of its $96.4bn debt at the end of 2016. 

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Shell Starts New Production off Brazil

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Shell and partners have started deep-water production at FPSO P-66 in Lula South, in the Brazilian pre-salt of the Santos Basin, the Anglo-Dutch major said May 26. Shell has a 25% stake following its purchase of BG; state Petrobras 65% is operator, while Portuguese Galp has 10%.

Afloat in water that is 2,150 metres deep, the P-66 can process up to 150,000 barrels of oil/day and 6mn m³/day of gas. The unit is the first in a series of standardised vessels operated by Petrobras to begin production within the BM-S-11 block consortium and the seventh to produce within the consortium overall, it said.  

“Achieving production at Lula South is an important accomplishment in the Santos Basin, and we recognize Petrobras’ delivery of this critical milestone,” said Shell’s upstream boss Andy Brown. “The consortium has additional FPSOs in this series planned over the next three years.  Across Shell’s deep water business in Brazil, we’re investing in projects with competitive break-even prices, and our presence as Brazil’s second largest oil producer continues to grow.”

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We must stop seabird numbers falling off a cliff. After all, we’re to blame | Adam Nicolson

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Just as science is understanding the extraordinary lives of puffins and shearwaters, we are destroying them. And climate change may finish what we started

About 70,000 tonnes of seabird are now afloat or on the wing off the shores of the British Isles. This biomass – roughly the same as Salisbury Cathedral – is made up entirely of thinking, fishing, hunting, flirting, fighting, flying, diving and feathered beauty: 8 million breeders, several million more adolescents and, by the end of the summer, armies of chicks. Perhaps 15 million creatures in all.

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Barack Obama on food and climate change: ‘We can still act and it won’t be too late’

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The former president addresses the greatest challenges facing the world, and what we can do about them

During the course of my presidency, I made climate change a top priority, because I believe that, for all the challenges that we face, this is the one that will define the contours of this century more dramatically perhaps than the others. No nation, whether it’s large or small, rich or poor, will be immune from the impacts of climate change. We are already experiencing it in America, where some cities are seeing floods on sunny days, where wildfire seasons are longer and more dangerous, where in our arctic state, Alaska, we’re seeing rapidly eroding shorelines, and glaciers receding at a pace unseen in modern times.

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Skippers and kings in the chalk rubble reserve

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Bloody Oaks Quarry, Rutland Sitting on a salad burnet flower head is a dingy skipper, then I find the royal blue chalk milkwort

This tiny nature reserve, a long thin quarry, is no bigger than two football pitches, yet it is an essential home for many types of plants and animals. The colourful name apparently dates back to the Wars of the Roses and a 1470 battle between the Yorkist King Edward IV and the Lancastrian Welles family. The king opened by beheading Lord Welles, then launched a volley of new-fangled cannon fire, causing a rout, and concluded by slaughtering captured Lancastrians in the nearby wood.

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Are Multilateral Development Banks Supporting a Low-Carbon Future?

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Are Multilateral Development Banks Supporting a Low-Carbon Future?Add Comment|PrintSolar panels in Gurgaon, India. Photo by Ggn77/Wikimedia Commons
More than 190 countries committed under the Paris Agreement on climate change to hold global average temperature rise to well below 2⁰C (3.6⁰F). The multilateral development banks (MDBs) will play a crucial role in enabling countries to finance the infrastructure and energy systems of the future. While much attention has been paid recently to the…

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Indian Oil Annual Profit Up Almost 70%

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Indian Oil Corporation has posted a net profit of rupees 191.06bn ($2.96bn) for the financial year 2016-17 that ended March 31, 2017, up by almost 70% compared with a profit of rupees 112.42bn in the previous fiscal year, the company said May 25.

Revenue stood at rupees 4.45tn as compared to rupees 4.06tn in 2015-16, it said.

Natural gas sales, at 3.79mn metric tons, registered a growth of 4% over the previous year, making Indian Oil the second largest player in the growing business segment, the company said.

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Adani Carmichael mine to get six-year holiday on royalties, report says

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Activist groups warn that swathes of farmland are at risk since the holiday would cover the Galilee basin and two other undeveloped mining regions

The Adani Carmichael project will reportedly receive a reduced royalty “holiday” offer from the Queensland government under a policy that activists say would subsidise other vast new coal projects that imperil swathes of farmland.

The state treasurer, Curtis Pitt, declined on Friday to confirm a report by the Australian that the Palaszczuk government had settled on a plan to give Adani a pause in royalties for up to six years.

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Tiny shells indicate big changes to global carbon cycle

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Experiments with tiny, shelled organisms in the ocean suggest big changes to the global carbon cycle are underway, according to a study from the University of California, Davis.

For the study, published in the journal Scientific Reports, scientists raised foraminifera — single-celled organisms about the size of a grain of sand — at the UC Davis Bodega Marine Laboratory under future, high CO2 conditions.

These tiny organisms, commonly called “forams,” are ubiquitous in marine environments and play a key role in food webs and the ocean carbon cycle.

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