Onshore Energy
Onshore Energy
News, insights and thought leadership for re/insurance professionals with an interest in onshore energy.

Downstream market faces $450mn+ PKN loss after refinery fire

Downstream energy underwriters are expecting a loss of at least $450mn from a claim relating to an explosion at a PKN refinery last year, following a substantial increase in reserving...
Downstream energy underwriters are expecting a loss of at least $450mn from a claim relating to an explosion at a PKN refinery last year, following a substantial increase in reserving...
Article / 16 hours ago

'Powering Up Britain': ABI response

The Government has today published its plan to strengthen Britain’s long-term energy security and independence, ‘Powering Up Britain’ alongside the 2023 Green Finance Strategy....
The Government has today published its plan to strengthen Britain’s long-term energy security and independence, ‘Powering Up Britain’ alongside the 2023 Green Finance Strategy....
PR / 16 hours ago

Stop insuring carbon projects 'immediately', NGOs tell CEOs - Reuters

A group of climate activists has called on 30 insurance company CEOs to "immediately" stop underwriting new fossil fuel projects in the wake of a stark climate warning from U.N...
A group of climate activists has called on 30 insurance company CEOs to "immediately" stop underwriting new fossil fuel projects in the wake of a stark climate warning from U.N...
reuters.com / Article / 3 days ago

Saudi Aramco inks $12.2 billion China oil refinery, petchem complex deal - Reuters

Saudi Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical project in northeast China that is expected to start in 2026 to meet the country's growing demand for fuel and chemicals...
Saudi Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical project in northeast China that is expected to start in 2026 to meet the country's growing demand for fuel and chemicals...
reuters.com / Article / 4 days ago

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Poole harbour oil spill has potential to cause substantive damage - The Guardian
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Not enough – Chubb's oil and gas policies 'fall short,' campaigners say
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Chubb distances itself from oil and gas industry
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The Willow oil project in Alaska won’t bridge the energy gap - The Atlantic
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Biden approves controversial Willow oil project in Alaska - AP News
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Upstream underwriters fear major claim from Highlander gas blowout in Louisiana
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Should a State Surcharge P/C Insurers That Underwrite Fossil Fuel Risks?
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Fire knocks out half of Argentina's power grid - BBC News
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