Cheniere aims for carbon accountability on LNG cargos
Cheniere Energy has set out plans to provide greenhouse gas emissions data from its LNG cargoes as of 2022.
Americas
Death of Keystone XL sparks rush to ship oil-sands crude by rail
US President Joe Biden’s decision to cancel the Keystone XL pipeline is sparking renewed interest in shipping Canadian oil-sands crude by rail, and that comes with its own environmental risks.
i3 to declare maiden dividend, in talks over Serenity stake sale
London and Toronto-listed i3 Energy said today it expects to declare its maiden dividend during the current quarter.
Oil Search eyes selldown of promising $3bn Alaska oil project
Oil Search will start a 15% selldown process for its proposed 80,000 barrels of oil per day Pikka low emissions oil project in Alaska by April. Phase 1 of Pikka is expected to cost about $3 billion and produce oil at a break-even cost of supply less than $40 per barrel Brent, inclusive of a 10% return, reckons the Australian-based company.
BlackRock takes GasLog off the market
BlackRock’s Global Energy & Power Infrastructure (GEPIF) will acquire all publically held shares of GasLog, taking the LNG carrier private.
Updated: Stena Drilling launches petition urging UK quarantine exemption for oil workers
An Aberdeen-based drilling contractor has launched a petition urging the UK Government to give oil workers returning from overseas a full quarantine exemption.
Shell fetches $700m for non-core oilfields in Canada
Shell has struck a deal to sell its Duvernay shale light oil assets in Alberta, Canada, to Crescent Point Energy for $707 million.
What links America’s Cup racing sails and the energy transition?
It may seem an unlikely link but advances in racing sails have given a team of marine robotics experts at Innovo inspiration in their quest to help reduce carbon emissions from some vital energy industry activities.
RigQuip expands its US presence as two directors appointed
An Aberdeen-headquartered drilling equipment inspection and maintenance firm has expanded its US division, with bigger premises and the appointment of two Houston-based technical directors to manage its international operations.
Perseverance yet to pay off for Bahamas oil explorer
Bahamas Petroleum Company (BPC) has said its Perseverance well struck oil, but not commercial volumes.
Equinor to sell Bakken assets for $900m, slides to losses of $4.2bn in 2020
Equinor has reached a deal to sell its stakes in the Bakken field, onshore US, to Grayson Mill Energy, backed by EnCap Investments, for $900 million.
NOC spending plans at risk from climate goals
Investments by the world’s NOCs are incompatible with limiting climate change, according to new research published by the Natural Resource Governance Institute (NRGI).
Promotions for long-serving duo at pipeline tech firm Stats Group
Pipeline technology company Stats Group, of Kintore, has promoted two long-serving employees to senior executive positions.
Guyana-Suriname sees rig ‘demand surge’ as region bucks global trend
The Guyana-Suriname basin is helping drive a “surge” of oil rig demand in South America, bucking the global trend of depressed activity, according to new analysis.
VIDEO: 60,000 tonne BP Argos platform sails off on voyage to Texas
Argos, the second platform for the "super-giant" BP Mad Dog field in the Gulf of Mexico, has set sail from its manufacturing yard in South Korea.
Ex-Petronas CEO joins ExxonMobil board in surprise move
The former boss of Malaysian national oil company (NOC) Petronas, Tan Sri Wan Zulkiflee, has joined ExxonMobil’s board of directors, in a move that has surprised some industry watchers.
Plexus: Bilderbeek weighs fundraising options to ‘extend the runway’ for business
Plexus CEO Ben van Bilderbeek is weighing fundraising options to “extend the runway” for the business, which has been faced with years of losses but may now be on the verge of success.
Sasol upbeat on profit expectations
Sasol expects to post strong results for the second half of 2020, while adjusted EBITDA will drop by as much as 10%.
Oxy delivers world-first carbon neutral crude to India
Occidental Petroleum has delivered a first shipment of carbon-neutral oil to Reliance Industries, in India.
Fluor rethinks risks, sets out Stork sale plans
Fluor plans to sell off its Stork asset within the next 12-18 months, the company said, while also moving the unit’s results into discontinued operations in the first quarter of this year.
BP gets pushback from Texas agency it urged to ban gas flaring
Last year, BP called on Texas regulators to take bold action to stamp out the routine flaring of natural gas, a harmful environmental practice that’s drawn increasing scrutiny from investors.
Keystone XL Pipeline, canceled by Biden, may yield 48,000 tonnes of scrap
The scrapping of the Keystone XL pipeline by Joe Biden not only means the end of multibillion-dollar pipe dream for TC Energy Corp. -- it also leaves behind 48,000 tons of steel.
Biden cancellation of Keystone XL Pipeline prompts TC Energy to slash 1,000 Jobs
TC Energy Corp. has cut 1,000 jobs in both the US and Canada after President Joe Biden canceled the Keystone XL oil pipeline project.
UAE eager to build bridges to Biden admin
The day before US President Joe Biden was inaugurated in Washington DC, Adnoc’s CEO was speaking in support of the ties that bind the two.
Fresh investment of £1.6m secured at Deep Casing Tools
Bosses at Deep Casing Tools (DCT) will use a cash injection of £1.6 million to bring more ground-breaking oil and gas technology to the global market.