Category: energy security
-
UK signals readiness for oil & gas tax shift with £50 billion energy investment in play
UK signals readiness for oil & gas tax shift with £50 billion energy investment in play Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has taken steps to engage in talks with the UK government to strike a deal and unlock multibillion-dollar energy industry investment boost by replacing the energy profits levy…
-
Middle East oil supply disruption spurs Thailand to zero in on domestic production
Middle East oil supply disruption spurs Thailand to zero in on domestic production Canada-based Valeura Energy, an oil and gas company, is seeking further insight from Thailand regarding the Southeast Asian country’s recent request to oil producers to postpone planned downtime at oil production facilities and temporarily suspend crude oil exports. The post Middle East…
-
Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms
Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned…
-
15,066 blocks up for grabs in next US offshore oil & gas lease sale
15,066 blocks up for grabs in next US offshore oil & gas lease sale The U.S. Bureau of Ocean Energy Management (BOEM) has taken further steps to conduct the second offshore oil and gas lease sale under the One Big Beautiful Bill Act, which encompasses thirty Gulf of America (U.S. Gulf of Mexico) oil and gas…
-
Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer
Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission…
-
Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon
Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon SBM Offshore is keeping Brazil and Guyana as the core hub of its FPSO activity, while eyeing new opportunities in West Africa. The post Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges…
-
Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays
Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will…
-
Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change
Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 per…
-
More LNG for Egypt as new deal strengthens energy and gas ties with Qatar
More LNG for Egypt as new deal strengthens energy and gas ties with Qatar With the aim of bolstering its liquefied natural gas (LNG) arsenal, Egypt has fortified its bonds with Qatar within the energy and natural gas domains through a memorandum of understanding (MoU) between the Egyptian Natural Gas Holding Company (EGAS) and QatarEnergy,…
-
Global energy transition drags its feet as oil & gas reign over energy mix
Global energy transition drags its feet as oil & gas reign over energy mix Against the backdrop of rising greenhouse gas (GHG) emissions, energy security and financial prudence are running the investment policy show, putting the transition to low-carbon and green sources of supply on the back burner, as fossil fuels dominate the energy mix,…
-
Energy outlook: 12 trends set to shape 2026 power spectrum
Energy outlook: 12 trends set to shape 2026 power spectrum With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside increasing complexity, including…
-
New gas supply key to staving off shortfalls looming on Australia’s energy horizon
New gas supply key to staving off shortfalls looming on Australia’s energy horizon As Australia takes steps to up its natural gas ante, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has emphasized the importance of further exploration and production endeavors to avert potential gaps in gas supply from…
-
EU draws the line on Russian gas with gradual ban from 2026, oil set to follow suit in 2027
EU draws the line on Russian gas with gradual ban from 2026, oil set to follow suit in 2027 Given its determination to shake off the shackles of dependence on Russian oil and gas imports, the European Union (EU) has decided to lay down the law on these fossil fuels by holding the line on the…
-
Unleashing more gas at the heart of Mubadala’s partnership with Indonesian player
Unleashing more gas at the heart of Mubadala’s partnership with Indonesian player UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has pooled resources with PLN Energi Primer Indonesia (PLN EPI), a subsidiary of Indonesia’s energy and electricity supplier, to supply gas from its gas fields in…
-
$1.98 billion chapter to ‘world-class’ gas story coming up next off Australia
$1.98 billion chapter to ‘world-class’ gas story coming up next off Australia Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has decided to move forward with the third stage of development for its giant gas project off the northwest coast of Western Australia (WA) to support long-term local and regional energy…
-
Round-up: New oil & gas discoveries take center stage as LNG momentum grows
Round-up: New oil & gas discoveries take center stage as LNG momentum grows As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint…
-
Ireland handpicks spot for FSRU gas reserve to stave off supply shortfalls
Ireland handpicks spot for FSRU gas reserve to stave off supply shortfalls Emerald Isle has unveiled the location where its new strategic gas reserve (SGER) will be situated as a floating storage and regasification unit (FSRU). This FSRU will be owned and operated on behalf of the Irish state by Gas Networks Ireland, which operates…
-
Fourfold boost in store for UK’s wind-powered gas and hydrogen storage project with license submission
Fourfold boost in store for UK’s wind-powered gas and hydrogen storage project with license submission England-based energy transition-focused player EnergyPathways has handed in an application for an enlarged gas storage license, covering the natural gas and hydrogen storage elements of its flagship project, located off the Cumbria coast in the East Irish Sea. The post Fourfold…
-
Canada’s first large-scale export project sends off another LNG cargo
Canada’s first large-scale export project sends off another LNG cargo With another liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has reached a new milestone at its giant LNG export terminal in Kitimat, Canada’s British Columbia. The post Canada’s first large-scale…
-
Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal economy threat
Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal economy threat The Trump administration’s draft five-year offshore leasing plan continues to run the gauntlet of […] The post Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal…
-
Survey results spotlight need for oil & gas windfall tax reform, OUEK says
Survey results spotlight need for oil & gas windfall tax reform, OUEK says Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has disclosed the results of its survey, which indicate that the Energy Profits Levy (EPL) needs to be tweaked from next year to unlock investments in the offshore energy arena. The…
-
Floating regas solution gains ground: ECOnnect scores double pre-FEED win on LNG import projects
Floating regas solution gains ground: ECOnnect scores double pre-FEED win on LNG import projects Norway’s technology company ECOnnect Energy has picked up two preliminary front-end engineering design (pre-FEED) deals for its modular regasification (regas) solution, said to be designed for faster delivery and be more cost-efficient than traditional floating storage and regasification units (FSRUs or new…
-
50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach
50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence…
-
UK and US to commit to boosting nuclear power capacity
UK and US to commit to boosting nuclear power capacity Companies from the United Kingdom (UK) and the United States (U.S.) have signed “major” […] The post UK and US to commit to boosting nuclear power capacity appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
-
Stepping up oil & gas game key for Norway to stave off ‘steep’ drop in production
Stepping up oil & gas game key for Norway to stave off ‘steep’ drop in production As the global energy security mission continues to keep oil and gas in high demand, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has emphasized that the Norwegian Continental Shelf (NCS) will yield more hydrocarbons in the…
-
Australia’s upstream industry stepping up gas game with reform proposals
Australia’s upstream industry stepping up gas game with reform proposals Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has come up with a set of proposals aimed at boosting Australia’s natural gas arsenal. The post Australia’s upstream industry stepping up gas game with reform proposals appeared first on Offshore…
-
EU at energy crossroads: €700 billion to triple US oil, gas, and nuclear imports puts Europe’s decarbonization at risk
EU at energy crossroads: €700 billion to triple US oil, gas, and nuclear imports puts Europe’s decarbonization at risk The European Environmental Bureau (EEB), said to be Europe’s largest network of environmental non-government organizations (NGOs), has portrayed the new trade deal between the European Union (EU) and the United States (U.S.) in a different light…
-
Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar
Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar The latest action the United States (U.S.) has taken to unlock its energy dominance, encapsulated in a new tax reconciliation bill, which President Donald J. Trump signed into law, has set the stage for an uptick…
-
Germany’s SEFE and UAE’s ADNOC Gas strengthen energy ties with LNG deal
Germany’s SEFE and UAE’s ADNOC Gas strengthen energy ties with LNG deal Germany’s Securing Energy for Europe (SEFE) has expanded its liquefied natural gas (LNG) arsenal through a multi-year LNG supply agreement with ADNOC Gas, a subsidiary of the UAE-headquartered ADNOC, bolstering Europe’s energy security. The post Germany’s SEFE and UAE’s ADNOC Gas strengthen energy…
-
UK’s new guidance sheds light on North Sea oil & gas game as application window opens
UK’s new guidance sheds light on North Sea oil & gas game as application window opens In the wake of a Supreme Court ruling, marking the first inclusion in Britain’s history of greenhouse gas (GHG) emissions from the combustion of oil and gas in environmental impact assessments (EIAs) for hydrocarbon extraction projects, the United Kingdom…
-
Interview: High-growth regions, subsea, and FPSO jobs unlocking EnerMech’s resilience in energy realms
Interview: High-growth regions, subsea, and FPSO jobs unlocking EnerMech’s resilience in energy realms EnerMech, an Aberdeen-headquartered integrated solutions specialist, has pinpointed the focus on high-growth regions, subsea work, and floating production, storage, and offloading (FPSO) assignments as its tripartite resilience formula, which it uses as keys to achieving resilience against the backdrop of ongoing economic…
-
Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge
Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant…
-
£20 billion gas deal gives UK’s energy security a shot in the arm
£20 billion gas deal gives UK’s energy security a shot in the arm Equinor has inked a multi-year gas sales agreement with Britain’s Centrica, which is expected to strengthen energy security in the United Kingdom (UK). The post £20 billion gas deal gives UK’s energy security a shot in the arm appeared first on Offshore…
-
Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments
Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments Offshore Energies UK (OEUK), has urged the government to take action on the energy profits levy (EPL), known as the windfall tax on oil and gas profits, by next year to put all ingredients in place to secure jobs, energy…
-
WATCH: FPU heads off to Black Sea ahead of doubling Türkiye’s gas production in 2026
WATCH: FPU heads off to Black Sea ahead of doubling Türkiye’s gas production in 2026 As part of its efforts to wean itself off energy imports and bolster its domestic production capacity, Türkiye has sent its first-ever floating production unit (FPU) on a journey to the Black Sea, where it is expected to enable a…
-
US wards off Gulf of America’s oil & gas shutdown while new bill awaits Senate’s endorsement
US wards off Gulf of America’s oil & gas shutdown while new bill awaits Senate’s endorsement A new biological opinion for the Gulf of America, formerly the U.S. Gulf of Mexico, has forestalled the risk of ending new and existing oil and natural gas operations, staving off the danger to American energy security, based on…
-
Exclusive interview: Balancing act between energy security and decarbonization unlocking oil & gas resilience
Exclusive interview: Balancing act between energy security and decarbonization unlocking oil & gas resilience Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges. The…
-
Moldova inks ‘historic’ Black Sea gas deal to bolster energy security
Moldova inks ‘historic’ Black Sea gas deal to bolster energy security Moldova’s state-owned energy company Energocom has signed what it says is its first long-term gas purchase contract with Southeastern Europe’s integrated energy player OMV Petrom. The post Moldova inks ‘historic’ Black Sea gas deal to bolster energy security appeared first on Offshore Energy. Dragana…
-
Oil, gas, and LNG weaving energy security web
Oil, gas, and LNG weaving energy security web The winds of change are still gathering speed as they blow across the global energy industry, but they have not managed to dislodge oil and natural gas from their top spots in the energy mix. These fossil fuels, alongside LNG, are still keeping their finger on the…
-
Step on the gas, pretty please
Step on the gas, pretty please Developments in 2024 hammered home the enduring nature of oil, gas, and liquefied natural gas (LNG) projects and the progress made in developing new ones and extending the lifetimes of older ones. The post Step on the gas, pretty please appeared first on Offshore Energy. Melisa Cavcic Go to…
-
TotalEnergies follows in Aramco’s footsteps with 20-year US LNG offtake deal secured
TotalEnergies follows in Aramco’s footsteps with 20-year US LNG offtake deal secured TotalEnergies has exercised its purchase option and inked a multi-year LNG sale and purchase agreement (SPA) with NextDecade, enabling sufficient commercial agreements in place to back a positive final investment decision (FID) on the fourth train at an LNG export project in Texas, United…
-
Reversal of EU’s energy playbook on Russian oil barrels cannot be ruled out, MSI warns
Reversal of EU’s energy playbook on Russian oil barrels cannot be ruled out, MSI warns MSI has contemplated the possibility of a shift in energy policy within the European Union (EU), where the EU changes its mind about the ban on Russian fossil fuels and decides to take a page out of U.S. President Donald…
-
Australia’s gas supply secure for next quarter amid industry commitments
Australia’s gas supply secure for next quarter amid industry commitments The Australian Government has decided not to activate the mechanism to secure additional quantities of liquefied natural gas (LNG) for 3Q 2025 as it feels confident that the current volumes are sufficient to cover the forecasted demand. The post Australia’s gas supply secure for next…
-
Canada throws its weight behind $4 billion hydro-powered floating LNG project
Canada throws its weight behind $4 billion hydro-powered floating LNG project The Canadian government has handpicked Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure player Pembina Pipeline Corporation, to be on the receiving end of millions in support for a floating liquefied natural gas (LNG) (FLNG) facility. The post Canada throws…
-
‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put
‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty…
-
American Energy ready to fortify Puerto Rico’s security of supply with LNG cargos
American Energy ready to fortify Puerto Rico’s security of supply with LNG cargos Crowley has joined forces with Naturgy, enabling it to send what it describes as the first U.S. LNG carrier (LNGC) to Puerto Rico, bolstering the North American country’s energy security amid growing power demand. The post American Energy ready to fortify Puerto…
-
US player keeps its eyes on expansion plans as clean energy underinvestment makes room for more LNG
US player keeps its eyes on expansion plans as clean energy underinvestment makes room for more LNG Given the worldwide spike in total demand for natural gas, Houston-headquartered NextDecade is contemplating further capacity expansion of its liquefied natural gas (LNG) export terminal at the Port of Brownsville, Texas. The post US player keeps its eyes…
-
Gneiss: More UK production, fewer LNG imports key to meeting demand and keeping emissions at bay post-2030
Gneiss: More UK production, fewer LNG imports key to meeting demand and keeping emissions at bay post-2030 Gneiss Energy, a UK-based strategic and corporate finance advisory firm operating within the energy and natural resources sectors, has published a report on the potential negative effects the UK’s gas policy discouraging investments in local gas production could…
-
Alaska’s LNG terminal shaking off years-long stasis with revamp to stave off gas shortages
Alaska’s LNG terminal shaking off years-long stasis with revamp to stave off gas shortages Three players have signed on the dotted line to enable an existing liquefied natural gas (LNG) terminal in Nikiski on Alaska’s Kenai Peninsula to change hands and be given a kiss of life through redevelopment, which will unleash new flows of…
-
Exclusive interview: Velesto going after three Ds – Digitalization, decarbonization, and diversification for enhanced drilling and oil & gas era
Exclusive interview: Velesto going after three Ds – Digitalization, decarbonization, and diversification for enhanced drilling and oil & gas era Technological advancement, supportive policy regulations, and integration of greener and cleaner power innovations are a bedrock of an equitable energy transition age for Malaysia’s Velesto Energy, which has set its cap on growth and expansion…
-
$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza
$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross domestic product (GDP) promise spotlighted in a recent S&P Global study, making a strong case for an LNG boom. The post $1.3 trillion…
-
Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave
Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the job…
-
CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays
CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays China’s CNOOC has set out its multibillion-dollar business strategy and development plan for 2025. The post CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays appeared first on Offshore Energy. Melisa Cavcic…
-
Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause in effect
Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause in effect Will Trump’s upcoming oil and gas era be a setback, holding back U.S. renewables’ progress, or a shot in the arm galvanizing greener zest? The post Trump makes good on all his energy promises:…
-
Shell and Chevron cheer first oil as Whale song enriches energy security courtship in US Gulf of Mexico
Shell and Chevron cheer first oil as Whale song enriches energy security courtship in US Gulf of Mexico Shell, and its partner, Chevron, have boosted their oil and gas arsenal in the U.S. Gulf of Mexico by starting production from a deepwater project more than seven years after the original hydrocarbon discovery. The post Shell…
-
SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts
SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and…
-
Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on Trump’s energy agenda
Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on Trump’s energy agenda President Joe Biden’s legacy has now added an offshore drilling ban, spanning over 625 million acres of the U.S. ocean, to the mix. The post Biden’s US offshore oil & gas drilling…
-
Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025
Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025 The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels. The post Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025…
-
Gazprom greenlights $15 billion investment plan to bolster gas production capacity
Gazprom greenlights $15 billion investment plan to bolster gas production capacity Russia’s giant Gazprom has set its investment program and budget for next year at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% compared with the planned spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024. The post Gazprom greenlights $15…
-
ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while ramping up oil & gas and LNG output
ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while ramping up oil & gas and LNG output ExxonMobil has unveiled its new corporate plan up to 2030, expecting to deliver a growth potential of $20 billion in earnings and $30 billion in cash flow. The post ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while…
-
US LNG export projects on hold until environmental reviews are out of the way
US LNG export projects on hold until environmental reviews are out of the way As the Department of Energy (DOE) has confirmed the environmental reviews will need to be completed with all agencies before pending projects can get back on track, the pause appears to still be in effect, even though a preliminary injunction from…
-
US-Qatar oil & gas ties are ‘win-win’ but EU’s green agenda bound to cause exodus, QatarEnergy’s CEO warns
US-Qatar oil & gas ties are ‘win-win’ but EU’s green agenda bound to cause exodus, QatarEnergy’s CEO warns QatarEnergy’s CEO has pinpointed the potential detriments the EU’s new sustainability rules may bring, including energy security woes for the top global liquefied natural gas (LNG) import market, given the high penalties gas and LNG importing club…
-
$111 billion investment on Petrobras’ five-year agenda
$111 billion investment on Petrobras’ five-year agenda Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050), outlining its focus and priorities to reinforce its long-term vision. The post $111 billion investment on Petrobras’ five-year agenda appeared first on Offshore Energy. Melisa Čavčić Go to offshore…
-
Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects
Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects As the climate crisis intensifies, so do legal challenges for hydrocarbon projects, especially in the United Kingdom (UK), where two North Sea operators and climate activists are locked in a court battle with the potential to put…
-
COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas
COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for…
-
Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts?
Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts? Canada has come up with draft regulations to set a greenhouse gas (GHG) pollution cap for the oil and gas industry. The government claims the latest regulatory tool in the raft of measures that are part of its wider…
-
Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security
Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security Germany’s Brunsbüttel Ports is poised to play an important role in the country’s energy supply security and make a significant contribution to achieving climate goals. The post Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security appeared first on Offshore Energy. Naida Hakirevic Prevljak…