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 INPEXโs (TYO:1605) efforts to progressively decarbonise its Ichthys liquefied natural gas (LNG) operations in Australiaโs Northern Territory. It will also help Japanโs biggest energy company establish the foundations for the next generation of clean fuels.
Wintershall Dea has announced it will โfully exitโ 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 Plcโs (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 โtaps being turnedโ 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.
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, Indonesiaโs 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 Asiaโs biggest economy is struggling to convince energy investors to come.
Saltend Chemicals Park owner, PX Group, has been awarded a 10-year Operations &
Maintenance (O&M) contract by ReNew ELP at the worldโs 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 Suezโs waste activities in Britain to Macquarie Group for 2.4 billion euros (ยฃ2.01 billion) after the countryโs antitrust authority raised competition concerns.
The Indonesian government is directing national oil company Pertamina to buy Shellโs (LON:SHEL) 35% equity in the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japanโs 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 Asiaโs 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 companyโs strategy to operate five LNG regasification facilities across Asia by 2025.
By Stephen Coomber, senior analyst, Westwood Global Energy Group
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 Scotlandโs 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.