energy insurance News

Nord Stream 1 Operator Finds Craters at Damaged Pipeline Site

The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at location of the pipeline damage on line 1 in the Swedish exclusive economic zone and found “technogenic craters.” “According to …

Norway Police Arrest 2nd Russian for Flying Drones, Amid Heightened Security

Norwegian police took into custody a 51-year-old Russian man on Friday after he was observed taking photos near Tromso airport, the second such occurrence in a week. The police took possession of a drone, a large amount of camera equipment …

Extreme Weather Poses as Big a Threat to Global Energy Security as Ukraine War: WMO

Energy infrastructure will become more vulnerable to extreme weather such as heatwaves and hurricanes, the World Meteorological Organization warned on Tuesday, with a senior official saying that climate change poses as big a threat to global energy security as the …

Norway Sends Soldiers to Guard Major Oil & Gas Plants After Nord Stream Leaks

Norway’s military said on Monday it had posted soldiers to help guard major onshore oil and gas processing plants, part of a wider effort to boost security amid suspicion that sabotage caused leaks in the Nord Stream gas pipelines last …

TotalEnergies Reports Unusual Drone Activity Near North Sea Oil & Gas Field

TotalEnergies SE said it spotted an aerial drone close to an oil field in the Danish North Sea, intensifying concerns of an energy conflict erupting in Europe. Unusual drone activity was seen near its Halfdan B oil and gas field …

Russia Gas Pipelines Now Have Four Leaks, Blamed by Some on Sabotage

Another leak on the Nord Stream 1 and 2 natural gas pipelines in the Baltic Sea has been disclosed, bringing the total number of ruptures to four, according to the Swedish Coast Guard’s Command Center. Sweden’s Coast Guard became aware …

EU Suspects Sabotage Is Cause of Leaks in Russia Gas Pipelines

Any deliberate disruption to the EU’s energy infrastructure would meet a “robust and united response,” its top diplomat said, after several states said two Russian pipelines to Europe that have been spewing gas into the Baltic had been attacked. It …

Gas Leaks in Russia-Europe Nord Stream Pipelines Raise Sabotage Fears

Europe was investigating leaks in two Russian gas pipelines that churned up the Baltic Sea with bubbles on Tuesday and raised concerns from Copenhagen to Moscow about sabotage on infrastructure at the heart of a European energy standoff. But it …

People Moves: Lockton Hires Starr Cos.’ Shephard for Aviation; Arch Promotes Bonneau; AXA XL Names Zhou, Lui as Energy U/Ws in Canada

This edition of International People Moves details appointments at Lockton, Arch Insurance International and AXA XL. A summary of these new hires follows here. Lockton Hires Starr Cos.’ Shephard for Aviation Lockton announced the appointment of Carl Shephard has been …

Chaucer Forms Renewable Power Team in Move to Expand Energy Division

Specialty re/insurance group Chaucer announced the creation of a dedicated team for Renewable Power as part of plans to broaden its Energy Division and provide dedicated support to oil and gas clients as they transition towards cleaner and more sustainable …