The ever-widening chasm between the oil and gas industry and environmentalists is evident in this as well as other new oil projects, think of Cambo in the UK, as each group holds a vastly different opinion on the effects that this project development would have within the context of the energy trans
IOG is finishing the final works required for the start-up of its Saturn Banks Project – Phase 1 to bring it online next week.
Austria’s oil and gas company OMV is also reevaluating its engagement in Russia following the attack on Ukraine.
Russia has welcomed a new dual-fuel ferry in a flag-raising ceremony that took place in the seaport of Ust-Luga in the Leningrad region on 4 March 2022.
The OGA is encouraged by the record low level of flaring in the North Sea, as it has fallen to the lowest one ever tracked on the UKCS.
The ITEG (Integrating Tidal Energy into the Grid) project has launched a study into the social acceptance of tidal energy and hydrogen technologies.
Following reports that Nord Stream 2 AG has filed for bankruptcy, the Swiss-based company and the operator of the Russian gas pipeline has said it “cannot confirm” such reports.
Ocean Energy Europe has welcomed the political initiative for raising renewable energy share target in the revised EU Renewable Energy Directive (RED III) to 45% that would also include more diverse energy sources.
Moody’s has placed ratings of Wintershall Dea on review for downgrade, reflecting downside credit risks stemming from the potential for more severe sanctions against Russian businesses to affect the company’s operations.
QatarEnergy has signed a cooperation agreement with Namibia’s NAMCOR to support and develop a sustainable oil and gas sector in Namibia.
In response to Russia’s attack on Ukraine, the Government of Canada intends to ban Russian-owned or registered ships and fishing vessels in Canadian ports and internal waters.
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected nine marine energy projects to receive testing and technical support as part of its fifth call for applications.
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia a drilling permit for a wildcat well located offshore Norway.
Oil prices touched a peak of $113 per barrel and eased to $111 on Wednesday amid fears about the impact of Russia’s attack on Ukraine and the resulting sanctions.
