Neptune Energy fell to a loss in the third-quarter as its figures came under pressure from lower oil and gas prices and “operational issues” in Norway and Algeria.
Independent exploration and production (E&P) firms that fail to adjust to the energy transition face extinction before 2050, an analyst said today.
Total has carried out the largest LNG bunkering operation ever, at the Port of Rotterdam on November 13.
If the rising cost and environmental pressures experienced by the oil and gas exploration sector this year have shown us anything, it is this: it is time to make the impossible affordable.
Swiss companies will no longer be able to deduct bribes paid from taxes – as of January 2022.
Novel injection, dispersion & mixing technology combats refinery corrosion
Activists have mounted demonstrations at Shell’s headquarters in London and The Hague, in protest over the killings of the Ogoni 9 in Nigeria, 25 years ago.
Germany’s planned Wilhelmshaven regasification terminal is reconsidering import plans and may opt to shift to hydrogen.
France’s Engie has pulled out of a proposed agreement to secure LNG from NextDecade’s Rio Grande LNG project, over concerns about shale gas development.
Total has no clear view on prices in 2021 and is taking a cautious stance on spending plans, the company’s CFO Jean-Pierre Sbraire said after the company published its third quarter results.
Total has reported adjusted net income of $848 million, with an organic cash breakeven below $25 per barrel.
Restructuring for offshore drillers will accelerate, Rystad Energy has predicted, and as much as one quarter of the global floater fleet could be scrapped.
Following a day during which the Nave Andromeda product tanker was held by stowaways, UK special forces have retaken the ship offshore the Isle of Wight.
The French government is delaying plans for Engie to secure a deal to import US LNG, citing concerns over emissions.
Turkey has increased the amount of gas it believes to lie in the Tuna discovery by 85 billion cubic metres.
Total remains committed to developing hydrocarbon resources, but the cost must be sufficiently low to survive in a world of lower prices, the company’s chairman and CEO Patrick Pouyanné has said.
Blue Ocean Seismic Services (BOSS) has won £10 million of backing from a range of companies including BP Ventures, Woodside Energy and Blue Ocean Monitoring.
Senior Sonatrach executives have held a meeting with Naturgy to review gas agreements.
Subsea service firm Rovop said yesterday it was well-positioned, despite challenging trading conditions, to invest in and secure future growth as the market recovers.
Natural gas demand fell only 3% in 2020 as a result of COVID-19 but its future is looking bleaker, a new report from S&P Global has warned.
One of the Nordic region’s biggest oil refineries has halted an expansion that threatened to break up Sweden’s governing coalition, comprising the Social Democrats and the Green Party.
Total SE will halt oil refining in the Paris region and spend more than 500 million euros ($582 million) by 2024 replacing its facility with renewable-fuel and bioplastic plants.
Danish developer Ørsted has announced Mads Nipper as its next chief executive and group president, effective from the beginning of next year.
Extraordinary times call for extraordinary solutions. In response to the travel constraints in Europe, BGS Group, the organizer of PRC Europe 2020, has announced the launch of a new virtual platform - BGS online.
Axens has won work to act as the technology provider for a greenfield 200,000 barrel per day refinery and petrochemical plant in Nigeria.