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Offshore Wind Power
North Sea Decarbonisation at the Forefront of Scotland’s Leasing Round Connecting Offshore Oil & Gas with Wind
A new leasing opportunity has been unveiled in Scotland, connecting offshore oil and gas with offshore wind in a push to boost innovation and help decarbonise t…
Net Zero Emission
HSBC Targets 34% Cut to Emissions from Oil and Gas Clients by 2030
HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% this decade, the bank’s sustainability chief told Reuters, marking the …
Oil Price
Putin’s Threats Against Ukraine Could Reinvigorate the U.S. Oil and Gas Industry
Russian President Vladimir Putin has long made it clear that he is no fan of U.S. shale drilling. But, if he invades Ukraine, he may unwillingly help bring back…
Offshore Wind Power
Eni Acquires 20% Stake in Dogger Bank C Offshore Project in UK
Italian oil and gas company Eni has acquired a 20% stake in the Dogger Bank C offshore wind project in the UK following the completion of agreements with SSE Re…
South Africa
President Ramaphosa Calls for Expansion of South Africa’s Upstream Oil and Gas Industry
The President of South Africa, H.E. Cyril Ramaphosa, announced that the government would continue to support the development of the southern African country’s …
Oil Price
Higher Oil & Gas Prices Lift TotalEnergies Profit
French energy major TotalEnergies saw its quarterly profit soar at the end of last year while returning to the black on a year-over-year basis driven by higher …
Oil Price
White House: No Oil Producer Should Hold Back Supply As Oil Hits $90
The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could…
Oil Field
Will the UK Greenlight Six New Oil and Gas Fields in North Sea?
The government is allegedly planning to give the go-ahead to six new oil fields in the North Sea.
Oil&Gas Drilling
Shell Makes Significant Oil & Gas Discovery Offshore Namibia
Shell has made a significant oil and gas discovery offshore Namibia, one of the expected hotspots for exploration this year.
Crude Oil
Norway Recorded Higher Oil & Gas Output in December
Norway’s oil and gas production increased in December 2021 when compared to the previous month but it was slightly below predictions made by the Norwegian Petr…
Geothermal Power Plant
DOE awards $8.4M for Accessing Geothermal Potential from Abandoned Oil and Gas Wells
The US DOE selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells.
Crude Oil
Tunisia's Energy Output up 33% in 2021 to 4.7mln Tonnes of Oil Equivalent
Energy deficit reached 4.1mln tonnes of oil equivalent
Oil Exploration
Eni Wins Five New Exploration Licences in Egypt
Italian oil and gas company Eni has been awarded five new exploration licences – located in the Eastern Mediterranean Sea, Western Desert, and Gulf of Suez – …
Oil Field
Equinor Makes Oil Discovery Near Existing Infrastructure in North Sea
Norwegian oil and gas company Equinor has made a new oil discovery, located near the Fram field in the North Sea offshore Norway, and will consider tying it to …
Oil Field
PetroRio Forging Ahead with Field Development off Brazil
Brazilian oil and gas company PetroRio has undertaken the required steps to move forward with the development of the Wahoo field – located offshore Brazil.
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