The development of the Santos-operated Barossa offshore gas development that will backfill the Darwin LNG export plant in Australia looks set to be further delayed after the offshore regulator suspended planned construction of an offshore pipeline due to indigenous heritage concerns.
Carbon capture and storage (CCS) will form a key plank in INPEX’s (TYO:1605) efforts to progressively decarbonise its Ichthys liquefied natural gas (LNG) operations in Australia’s Northern Territory. It will also help Japan’s biggest energy company establish the foundations for the next generation of clean fuels.
Wintershall Dea has announced it will ‘fully exit’ Russia, joining the ranks of energy majors pulling out of the country in the wake of its invasion of Ukraine.
TotalEnergies (LON:TTE), operator of the Papua LNG project, plans to use electric liquefaction trains at its proposed LNG export development in Papua New Guinea (PNG), as part of an effort to slash emissions, which also includes CCS.
An activist investor seeking to halt Capricorn Energy Plc’s (LON: CNE) takeover by NewMed Energy LP has converted its holdings to common shares, according to people familiar with the matter.
ABZ Business Park has announced the immediate availability of new industrial and office accommodations in its prime location adjacent to Aberdeen International Airport.
Anxious oil and gas workers do not have to fear the “taps being turned” off but the region cannot rely on oil forever, a Scottish Government minister said before a major skills summit in Aberdeen.
Shell (LON:SHEL) reported quarterly results below the bumper levels of the last quarter, but said it would hike its dividend and launch another $4 billion buyback programme.
For some bankers, net zero is like a new year’s resolution—a pledge one makes and often breaks before a year has passed.
A 250% surge in the price of power has delivered a cash boost to Parkmead Group (LON: PMG) at its wind farm in Aberdeenshire.
Four companies are due to drill exploration wells in Ghana during the last quarter of this year, according to a government report. The Public Interest Accountability Committee (PIAC) also raised some concerns over tax payments by state-owned Ghana National Petroleum Corp. (GNPC).
Malaysia and Indonesia were the first countries in Southeast Asia to announce that carbon capture and storage (CCS) would play a role in decarbonising their industrial sectors. BP (LON:BP) in Indonesia, and Petronas in Malaysia, announced landmark projects in the oil and gas industry. However, while Indonesia has started having the right conversations around CCS, neighbouring Malaysia, and possibly even Thailand, appear to be making more progress within the region.
Unlike most governments in the economically developed Western world, Indonesia’s leaders are crying out for more upstream oil and gas investment. However, even as demand is projected to rise up to four times by 2050, Southeast Asia’s biggest economy is struggling to convince energy investors to come.
North Sea oil and gas revenues will make Scotland’s stubbornly high deficit smaller than that of the UK, an economic thinktank has predicted.
Saltend Chemicals Park owner, PX Group, has been awarded a 10-year Operations & Maintenance (O&M) contract by ReNew ELP at the world’s first commercial-scale plastic recycling plant.
Aberdeen-headquartered Altera Infrastructure (NYSE: ALIN-A) has said there will be no impact on its operations or employees as it enters a Chapter 11 bankruptcy process.
Veolia Environnement agreed to sell Suez’s waste activities in Britain to Macquarie Group for 2.4 billion euros (£2.01 billion) after the country’s antitrust authority raised competition concerns.
The Indonesian government is directing national oil company Pertamina to buy Shell’s (LON:SHEL) 35% equity in the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japan’s Inpex (TYO:1605).
Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the Philippines, one of Southeast Asia’s fastest growing economies. The news comes as plans to import maiden liquefied natural gas (LNG) cargoes into the country have stuttered due to surging global prices.
AG&P aims to commission the Philippines' first liquefied natural gas (LNG) import terminal this December as part of the company’s strategy to operate five LNG regasification facilities across Asia by 2025.
As of 25 July, Westwood Global Energy reports that there are five exploration wells active, three in the Northern North Sea and two in the Norwegian Sea.
The public is being asked for their opinions on how Scotland’s energy sector can reach its net zero targets in a way that will benefit Scottish residents.
Climate change advisors have warned that UK Government plans for tackling global warming will not deliver on legal targets to cut emissions in the coming decades.
A small group of deep-pocketed companies increasingly dominates exploration and, as yet, they are avoiding the boom-and-bust mentality of previous oil cycles.
Reuters Events - announced the launch of Hydrogen North America 2022 (October 12-13, Houston, Texas). The two-day summit will unite policymakers and industry leaders to collaborate and foster a hydrogen society.