Abu Dhabi National Oil Co. plans to raise as much as 3.31 billion dirhams ($902 million) from the initial public offering of its fuel-retailing unit after lowering the top end of the offer price and deciding to only sell a 10 percent stake.
Many of the largest oil and gas drillers operating in the US will voluntarily reduce emissions of methane, a potent greenhouse gas, even as the Trump administration takes steps to to roll back existing environmental regulations targeting those emissions.
Energy Intelligence Group, the publisher of 15 newsletters for the oil and gas industry, has sued more than a dozen energy companies and investment houses in Houston for violating federal copyright law by buying a handful of subscriptions of its pricey publications and passing them around the office to non-subscribers. With settlements reached in nearly all the cases, one is left.
The head of a north-east economic development body said yesterday that a strong oil and gas industry would bolster efforts to create an “economic renaissance” in the region after the downturn.
A director at Deloitte said yesterday that North Sea industry had made real progress in its collaboration drive, but urged companies to “go faster” to lock in the gains.
A director at Deloitte said today that North Sea industry had made real progress in its collaboration drive, but that companies needed to "go faster" to lock in the gains.
Construction work on the £2.6billion Beatrice Offshore Windfarm Limited (BOWL) project has reached a significant milestone with the installation of the final foundation piles.
Three "globally innovative" projects to deliver smart and flexible energy systems for customers are sharing in £20.6 million of funding from regulator Ofgem.