Norwegian oil and gas company Pandion Energy has launched its strategy to achieve net-zero carbon emissions, recognizing the importance of climate change.
The Biden administration has opted to temporarily suspend oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program.
Brazilian oil and gas company PetroRio has approved the acquisition of the 30 per cent interest in Frade field from compatriot state-owned company Petrobras.
Production on the Ithaca Energy-operated platform located in the North Sea has been shut down due to a Covid-19 outbreak.
Norwegian oil major Equinor has hired compatriot data solutions company Nordic Unmanned to conduct a study on how remotely piloted aircraft systems (RPAS) could be used in an offshore setting.
UK oil and gas company Serica Energy has received a renewed license and secondary sanctions assurance from the U.S. Office of Foreign Assets Control (OFAC) relating to the North Sea Rhum field in which the company has a 50 per cent interest.
The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.
Mubadala Petroleum has signed a concession agreement for the Shell-operated Block 4 located in the Red Sea offshore Egypt.
Oil and gas company Energean has informed that first gas from its Israeli fields could start flowing in the first quarter of 2022, instead of the current target of around year-end 2021.
Wintershall Dea has decided to postpone the commercial gas production from its Dvalin field due to a high level of mercury in the gas flow.
HitecVision’s NEO Energy has entered into exclusive negotiations to buy ExxonMobil’s upstream assets located in the central and northern North Sea.
Australian gas producer and GLNG operator, Santos reported record annual production, as well as record quarterly production in the quarter ending December 31, 2020.
U.S. President Joe Biden has announced America would return to the international Paris Agreement to fight climate change.
Australia’s Woodside Petroleum on Thursday reported a jump in revenue in the fourth quarter of 2020, as oil and gas prices increased.
