To tackle the energy crisis, the UK has revealed a set of measures, which will be undertaken to boost domestic oil and gas production.
Saipem and Worley have backed an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030.
Rystad Energy forecasts that global oil and gas exploration spending and activities are expected to shrink even further this year.
API advocates for a ramp-up of U.S. oil and gas production to solve energy security and energy transition concerns.
Norway’s H2Carrier and Statkraft have entered into a Memorandum of Understanding regarding a study for the possible use of H2Carrier’s green ammonia floating production vessel, the P2XFloater™, on certain offshore wind locations. The P2XFloater™ will utilize renewable power to produce green hydrogen
As the UK gets its new PM, OEUK believes this is an opportunity to accelerate energy transition with domestic oil & gas investments.
With the global energy crisis unfolding and energy prices soaring, governments and companies are ramping up investments in renewables, energy efficiency and clean technologies.
The High Court in Makhanda has ruled that Shell’s exploration right to conduct seismic surveys on the Wild Coast of South Africa was granted unlawfully, setting it aside and putting an end to the months-long battle between climate activists and the oil major. The case sought to review the exploratio
A study, undertaken to assess potential routes for electrification of oil and gas platforms, has found four options to make this happen.
Woodside, BP, MIMI, Shell, and Chevron will join forces to evaluate the potential for a large-scale, multi-user CCS hub off Australia.
Centrica has received the green light from the UK’s North Sea Transition Authority for a gas storage project in the Southern North Sea.
The Australian energy crisis highlights the challenge of finding the balance between energy security and net-zero goals, says Wood Mackenzie.
Vermilion Energy and Nephin Energy are looking into the feasibility of a renewable energy hub at the existing Corrib gas field offshore Ireland.
The IEA and the OECD outline in their new analysis that the backing for fossil fuels almost doubled in 2021, reaching $697.2 billion.
