Westhill-based i3 Energy has said it will seek to drill an appraisal of its “company-maker” Serenity project as early as the first quarter of next year.
A larger than previously thought share of the world’s hydrocarbons cannot be produced if the world is able to control warming to only 1.5 degrees Celsius.
A new floating LNG (FLNG) export plan is taking shape off Canada’s west coast, with an eye on achieving net zero.
Shell Canada has set out plans for a large-scale carbon capture and storage (CCS) project, in Alberta.
Despite China harassing Malaysia’s offshore gas developments last month, Malaysian national oil company (NOC) Petronas and state-backed China National Offshore Oil Corporation (CNOOC) yesterday signed a liquefied natural gas (LNG) supply deal estimated to be worth $7 billion over ten years.
i3 Energy, based in Westhill, Aberdeenshire, has signed a $53.7million (£39m) deal to acquire a package of oil and gas assets in Canada from Cenovus Energy.
As a signatory to the Paris Agreement, Canada is committed to reducing GHG emissions, recently announcing an intention to slash emissions by 40-45% below 2005 levels by 2030. These ambitious targets are driving federal and provincial governments to promote hydrogen through a combination of new regulatory schemes and financial incentives that are larger in scale and wider in scope than any that we have seen before.
Australia’s Woodside Petroleum said today that it has decided to exit its 50% non-operated interest in the proposed Kitimat liquefied natural gas (LNG) export project in Canada. However, finding a buyer for the Chevron-operated development, will prove challenging.
Japan’s Japex will sell its 10% stake in a Canadian shale gas project to Malaysia’s Petronas amid concerns over profitability and its carbon footprint.
Malaysian national oil company (NOC) Petronas is adding three new liquefied natural gas (LNG) tankers to its global fleet. The ships will primarily be used to ship LNG from Canada.
Taqa is considering options for its oil and gas assets in the UK and elsewhere, including a potential sale, as the state-owned utility focuses more on power generation, people familiar with the matter said.
Germany has expressed interest in the production of hydrogen in Angola, chiming with the European state’s energy transition goals.
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.
London and Toronto-listed i3 Energy said today it expects to declare its maiden dividend during the current quarter.
Shell has struck a deal to sell its Duvernay shale light oil assets in Alberta, Canada, to Crescent Point Energy for $707 million.
Scottish renewable energy firm Sustainable Marine is pushing on with plans to deliver the world’s first floating tidal array after unveiling its next-generation platform.
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.
The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some funds.
Staffing levels are increasing at LNG Canada following a COVID-19 outbreak in November and December.
Cenovus Energy Inc. is getting more than just a rival Canadian oil producer with its acquisition of Husky Energy Inc. It’s also shoring up its defenses against an anti-oil sands movement that could get a boost if Joe Biden is elected as the next president of the U.S.
Cenovus Energy Inc. agreed to buy Husky Energy Inc. in a C$3.8 billion ($2.9 billion) all-stock deal that will combine two of the largest players in Canada’s beleaguered oil-sands industry, which is struggling after the slump in crude prices.
Stena Drilling has struck a deal with CNOOC International for a one-well job off Newfoundland, Canada.
Oil explorer i3 Energy said today it had completed the acquisition of the petroleum and infrastructure assets of Canadian firm Gain Energy for £44.5 million.
Equinor is making job cuts in the UK, Canada and US in response to the oil downturn, with its Aberdeen workforce included in the process.