The money raised through carbon pricing could be allocated towards many purposes. The decarbonization of the shipping industry itself is priority number one, according to a new report released by the World Bank.
U.S. President Joe Biden announced plans for what is said to be the largest release from the strategic petroleum reserves in American history.
Petrofac has been awarded a Floating Production, Storage and Offtake (FPSO) decommissioning deal by the Australian government.
Partners in the Cambo project, Shell and Siccar Point Energy, have received a licence extension for the controversial field development.
Ithaca Energy has secured consent for the development of a subsea tie-back to its FPF-1 facility in the UK North Sea.
Shell believes that the energy transition is more than just reducing carbon emissions, but is a “political balancing act, requiring government-led policies.”
Orcadian has won an extension for a licence in the UK North Sea, bolstering its hopes of putting into action a development plan for Pilot.
Eco (Atlantic) Oil & Gas has put all the pieces into place to close the acquisition of the Azinam Group and its asset portfolio.
Aker BP has secured approval from the Norwegian government to increase gas production from a field located in the Norwegian Sea off Norway.
U.S. offshore safety regulator is getting a new director whose service record is seen as an asset in spearheading the switch to clean energy.
An investigation has been launched after a near-miss incident on the Hibernia platform located offshore Canada.
The U.S. will supply 15 bcm of LNG to the EU this year to strengthen European energy security and reduce reliance on Russian energy.
The board of directors of Saipem has approved a rescue plan to strengthen the company’s financial and capital structure.
Following an award of two new deepwater blocks during the Indonesia Petroleum Bid Round 2021, BP has expanded its footprint off Indonesia.
