Indonesian upstream regulator SKK Migas expects operations at BP’s (LON:BP) Tangguh liquefied natural gas (LNG) Train 3 project, which is under construction, to start in Q2 2022.
ExxonMobil (NYSE:XOM) is planning a carbon capture utilisation and storage (CCUS) project at its giant Cepu block in East Java, said Dwi Soetjipto, the head of Indonesia’s upstream regulator SKK Migas.
As the number of failed British electricity suppliers continues to rise, two of the world’s largest oil and gas giants are feeling the ripple effect.
UK-based Aquadrill – formerly Seadrill Partners – reported that its Capella drillship will head to Indonesia’s Andaman area to carry out a deep-water drilling programme for Harbour Energy (LON:HBR) and Repsol (BME:REP).
A handful of workers have been flown off a North Sea platform after Covid-19 cases were picked up on board.
A senior figure at BP (LON: BP) says “compromises will need to be made” over access to space for North Sea energy transition projects.
Chevron committed for the first time to an aspiration of net zero emissions from its operations as the company responded to rising investor and societal pressure to play a bigger role in a transition to a low-carbon future.
Activist group Greenpeace has lost its court battle to block production from the Ithaca Energy and BP Vorlich oilfield in the North Sea.
The long-awaited UN Climate Change Conference (COP26) kicks off in Glasgow in November when world leaders arrive in Scotland to seek agreement on how to tackle clime change collectively.
Increasing pressure is being put on upstream operators to decarbonise their operations, from investors, the regulator and the wider public. But while North Sea energy companies are moving to cut emissions, they still have challenging assets on their hands.
Is it my imagination or are things looking up a bit on the renewables front here in Scotland?
A BP executive told internal investigators he was concerned about the energy giant’s dealings with a Nigerian middleman and payments being discussed to secure lucrative contracts.
BP’s UK country head says the oil and gas giant’s move into the renewables market is being driven by society demanding “different things” from energy.
Oil and gas giant BP has successfully started up production from its Thunder Horse South Expansion Phase 2 project.
BP (LON:BP) has signed a heads of agreement to buy 3.75 million tonnes per year (t/y) of liquefied natural gas (LNG) from Beach Energy’s (ASX:BPT) onshore Waitsia gas project in Western Australia’s Perth basin for a five-year term.
BP has said it will ration out supplies of petrol and diesel to stations across the UK as the shortage of lorry drivers bring concerns of supplies running out.
As the UK finds itself in the midst of a gas crisis, stark figures have shown that North Sea production could be on course to wrap up by the end of the decade.
BP traders lost $100 million in a “debacle” of a deal with a West African commodities firm, according to details from a London employment lawsuit that offers a rare glimpse into the business on the oil giant’s trading floor.
With COP26 approaching, amid reports that police are preparing for major civic disruption, there are also plans that the Scottish criminal courts may be opened for extra sessions to deal with a potentially high number of arrests during the conference.
BP fired an ex-oil trader because he voiced concerns about bribes being paid in Nigeria to secure local contracts, according to a sprawling London employment suit that sheds light on the energy giant’s lucrative trading floor.
BP has safely achieved first gas from its Matapal project offshore Trinidad.
BP has chartered an accommodation vessel to provide gangway connected operations at one of its North Sea platforms.
Tributes are being paid to Eric Marston, chief operating officer of Ancala Midstream, who has died aged 56 following a Covid-19 diagnosis.
BP, Adnoc and Masdar have teamed up to invest “billions of dollars” in clean and low carbon energy.
House Democrats are investigating the role oil and gas giants and their trade groups may have played in misleading the public on the role of fossil fuels in causing climate change.