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UK Looking To Be Net Energy Exporter By 2040, Problems Ahead
Monday, September 26, 2022The UK is planning on becoming a net energy exporter by 2040. This includes lifting the fracking ban and offering 100 new offshore licenses.
Equinor And PGNiG Agree 10-Year Gas Sales Deal
Monday, September 26, 2022Equinor has signed a long-term gas sales agreement with PGNiG which will help with Poland's energy security.
UK Families Losing Up To $4,745 From Not Owning Its Own Energy
Monday, September 26, 2022UK families could benefit up to $4,745 over the next two years if the country had the same public ownership of energy as other countries.
Cook Inlet Lease Sale Going Ahead Under New Law
Friday, September 23, 2022The Proposed Notice of Sale for Lease Sale 258 in Cook Inlet, Alaska, will be going ahead under the Inflation Reduction Act.
Renewables In Asia Pacific A $1.8 Trillion Opportunity
Friday, September 23, 2022Asia Pacific continues to set the pace for power market growth, creating a $1.8 trillion opportunity for renewables in the next decade.
Transocean Semi-Sub Rig Wins Deal Worth $437 Million
Friday, September 23, 2022OMV and Wintershall Dea have awarded a drilling contract to the Transocean Norge semi-submersible rig worth $437 million.
Diverse Strategies For Oil And Gas Energy Transition
Friday, September 23, 2022Even under the most aggressive energy transition scenario, the world will need oil and gas until 2050, Wood Mackenzie said.
China Increases Crude Oil Imports From Russia
Thursday, September 22, 2022Despite lower crude oil refining and imports overall, China has increased its crude oil imports from Russia.
Gas And LNG Have A Role To Play In Net-Zero World
Thursday, September 22, 2022Gas and LNG have an important role to play in realizing a 1.5-degree scenario by 2050 – but the resulting market could be unrecognizable.
UK Receives 26 Bids For Carbon Capture Licenses
Thursday, September 22, 2022The UK North Sea Transition Authority has received 26 bids in the country's first-ever carbon storage licensing round.
Talos To Buy EnVen Energy For $1.1 Billion
Thursday, September 22, 2022Talos Energy has bought private U.S. Gulf of Mexico deepwater operator EnVen Energy for $1.1 billion.
U.S. Selling More Crude Oil From Strategic Petroleum Reserve
Wednesday, September 21, 2022U.S. Department of Energy is putting up 10 million barrels of crude oil for sale from the Strategic Petroleum Reserve.
Cheniere Finds Partner For Pipeline To Corpus Christi LNG Terminal
Wednesday, September 21, 2022Cheniere partnered with WhiteWater to build the ADCC Pipeline between the end of the Whistler Pipeline and the Corpus Christi LNG terminal.
UK North Sea Emissions Down More Than 20 Pct Since 2018
Wednesday, September 21, 2022The North Sea oil and gas industry will meet early emissions reduction targets after posting cuts of more than 20 pct between 2018-21.
Judge Says No To Barossa Drilling Permit, Santos To Appeal
Wednesday, September 21, 2022A drilling approval given to Santos was pulled after a court found that the Australian regulator did not consult traditional owners.
Var Energi Invests Additional $1.2B In Balder X Project
Tuesday, September 20, 2022Var Energi will be making an additional investment of $1.2 billion in the Balder X development project.
Greenpeace Activists Block Unloading Of Russian Gas In Finland
Tuesday, September 20, 2022Greenpeace activists have stopped the ship Coral Energice from unloading a Russian gas cargo in Finland.
Petrobras Pulls Albacora Field From The Market
Tuesday, September 20, 2022Petrobras decided not to be selling the Albacora concession and to replace the two production units on the field.
Chevron Proceeds With Development Of Aphrodite Field
Tuesday, September 20, 2022Chevron will be developing the Aphrodite field offshore Cyprus with drilling due to begin in the first half of 2023.
Texas Oil And Gas Employment Still Rising
Monday, September 19, 2022The Texas Independent Producers and Royalty Owners Association has noted continued growth in monthly employment for the Texas upstream sector.
US Natural Gas Rig Numbers Surpass Pre-Pandemic Levels
Monday, September 19, 2022U.S. natural gas producers are operating more drilling rigs now than at the beginning of the Covid-19 pandemic in early 2020.
Petrobras Chief Executive Diagnosed With Cancer, Reports Claim
Monday, September 19, 2022The CEO of Petrobras has been diagnosed with cancer, according to a note sent by the company to its employees.
TotalEnergies Reaches FID For Gas Project Off Tierra Del Fuego
Monday, September 19, 2022TotalEnergies has approved the final investment decision for the Fenix gas development off Tierra del Fuego in southern Argentina.
EU To Redistribute $141.5B In Energy Profits, Cut Power Demand
Friday, September 16, 2022The EU proposed a plan to pull in $141.5Bn in windfall profits earned by power and fossil fuel firms and redistribute it to consumers.
GE Barred From Selling Haliade-X Offshore Wind Turbine In US
Friday, September 16, 2022General Electric has been barred from selling its Haliade-X offshore wind turbine in the U.S. by a federal judge in Boston.
EU Revenue Cap Could Hinder European Renewable Energy Ambitions
Friday, September 16, 2022The EU's measures to tackle the energy crisis may fall short of their intended goals, at least regarding renewable energy ambitions.
Asian LNG Buyers Cannot Compete With European Demand
Friday, September 16, 2022Surging European LNG demand is hitting Asian buyers hard and only a few can compete to secure spot cargoes at this year's prices.
Current Pipeline Of Blue Hydrogen Projects Will Exceed UK 2030 Targets
Thursday, September 15, 2022Westwood has revealed that blue hydrogen projects account for over 16 GW of total announced hydrogen capacity in the UK and Norway.
TechnipFMC Scores Work On TotalEnergies Lapa North East Field
Thursday, September 15, 2022TechnipFMC has been awarded an EPCI contract by TotalEnergies for its Lapa North East field in the pre-salt Santos Basin offshore Brazil.
BOEM Accepts 307 Bids From GOM Lease Sale Held In November
Thursday, September 15, 2022The Bureau of Ocean Energy Management has accepted 307 highest valid bids from Lease Sale 257 in the Gulf of Mexico.
ADNOC Refining Completing Phase 1 Of Waste Heat Recovery Project
Thursday, September 15, 2022ADNOC Refining is set to complete the first phase of its Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi.
Tailwind Starts Production From Evelyn Field Off UK
Thursday, September 15, 2022Tailwind has produced first hydrocarbons from the Evelyn offshore field on September 3, 2022.
Jan De Nul Installs Final Turbine On French First Offshore Wind Farm
Wednesday, September 14, 2022Jan De Nul's jack-up installation vessel Vole Au Vent has installed the final turbine on France's very first commercial offshore wind farm.
Colombia Upstream Sees Positive Results In 2022
Wednesday, September 14, 2022Offshore exploration of the Colombian Caribbean has delivered in 2022 with Shell and Petrobras hitting the target with their wells earlier this year.
US Grid-Scale Energy Storage Market Hits Record Highs
Wednesday, September 14, 2022The US energy storage market set a new record in the second quarter of 2022, with grid-scale installations totaling 2,608 MWh.
TransGlobe Advises Shareholders To Vote For Vaalco Merger
Wednesday, September 14, 2022TransGlobe Energy Corporation advised its shareholders to vote for the business combination with Vaalco Energy.
New Record For Q2 Global Wind Turbine Orders
Tuesday, September 13, 2022Strong activity in China pushed global wind turbine order intake to 43 GW in the second quarter of 2022, a new record, up 36 percent from year-ago levels.
Grijalva Finds Support For Permitting Reform Opposition
Tuesday, September 13, 2022Grijalva and 77 other members of Congress oppose permitting reform legislation being proposed by the American Petroleum Institute.
Federal Team Surveying Appalachia For Abandoned Oil Wells
Tuesday, September 13, 2022The U.S. National Energy Technology Laboratory experts have made three trips to the Olean area to survey for abandoned oil wells.
U.S. Pushing For Better Offshore Oil And Gas Safety Standards
Tuesday, September 13, 2022U.S. Department of Interior proposes even higher safety standards for offshore oil and gas operations, to build on reforms stemming from the Deepwater Horizon disaster.
Global Energy Employment Above Pre-Covid Numbers, O&G Still Lagging
Monday, September 12, 2022Global employment in the energy sector has risen above its pre-pandemic levels, led by increased hiring in clean energy, the IEA said in its latest report.
Carbon Capture Not Good Enough To Achieve Decarbonization
Monday, September 12, 2022A new study reviewed 13 carbon capture projects – 55 percent of the total worldwide capacity – and found both the technology and regulatory framework wanting.
Tailwater Sells Natural Gas Supplier For $423M To Williams
Monday, September 12, 2022Tailwater Capital has entered into a definitive agreement to sell NorTex Midstream to the Williams Field Services Group for $423 million.
Duo Set To Work On Darwin Pipeline Duplication Off Australia
Monday, September 12, 2022Van Oord and DEME have been awarded a contract from Allseas to support the Darwin Pipeline Duplication Project, located off Northern Australia.
U.S. Solar Market Recovering After Rough First Half Of 2022
Friday, September 09, 2022The Inflation Reduction Act will help the US solar market grow 40 pct over baseline projections through 2027, equal to 62 GW of additional capacity.
Delfin Midstream Inks LNG Parnership With Devon Energy
Friday, September 09, 2022Delfin Midstream has entered into a liquefied natural gas (LNG) export partnership with Devon Energy.
New UK Prime Minister To Freeze Energy Bill Prices For Two Years
Friday, September 09, 2022New UK Prime Minister Liz Truss has set out decisive action to support people and businesses by limiting energy bill rises for all households for two years.
Halliburton Wraps Up Exit From Russian Operation
Friday, September 09, 2022Halliburton has completed the sale of its Russia operations to a Russia-based management team made up of former Halliburton employees.
Global Oil And Gas Licensing Falls To All-Time Lows
Thursday, September 08, 2022Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows.
TotalEnergies Grabbing Production Rights On South African Block
Thursday, September 08, 2022TotalEnergies and its partners in a South African offshore block have filed an application for a production right to the country's Petroleum Agency.