Rhode Island-based Deepwater Wind reached its first “steel in the water” milestone in the early construction phase of its Block Island Wind Farm at the end of July, and the company has some other projects planned offshore of the Atlantic coast.
The bountiful ethane that comes from natural gas liquids and U.S. shale production would become more scarce, according to the IHS report. Ethane is used to make ethylene, which which is the main building block for plastics.
Iran has been barred from selling oil in Europe since 2012 when the European Union imposed a ban on crude imports. Coupled with tougher U.S. sanctions making it more difficult to buy Iranian oil with dollars, that caused output to drop from 3.6 million barrels a day in 2011 to 2.6 million barrels last year.
The announcement that investigators were considering whether to charge Mikhail Khodorkovsky with ordering the killing came as he is becoming an increasingly strong voice in Russian opposition politics.
Opposition to hydraulic fracturing has stymied development of the U.K.’s shale industry since a drilling moratorium was lifted in 2012. The U.K. government has promoted fracking by cutting taxes and relaxing planning rules to try to lower reliance on imported gas.
As BP Chief Executive Officer Bob Dudley recalls, it all started with himself and his peers from Statoil, Total and Royal Dutch Shell, on stage at the forum debating their response to the climate change challenge.
Economic Affairs Minister Henk Kamp announced Tuesday that production in the Groningen region this year will be brought back to 39.24 billion cubic yards of gas from the previously announced maximum of 51.53 billion cubic yards.
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