An energy company backed by Indonesian tycoon Sukanto Tanoto plans to spend $500 million this year on a long-planned liquefied natural gas (LNG) project in Canada, the clearest signal yet that it may move ahead with an LNG export facility on the country’s west coast.
Boris Johnson wants a “climate change pass” for the gas industry to wean western countries off supplies from Russia.
Forty years ago on February 15 1982, the Odeco semi-submersible drilling rig Ocean Ranger was lost in heavy seas and hurricane force winds on the fabled Grand Banks offshore Newfoundland.
Malaysia’s national oil company Petronas is setting up a business unit focusing on clean energy solutions as part of a global operational shuffle.
A group of energy companies have ponied up C$79 million ($62mn) to back a turquoise hydrogen technology in Canada.
North-east firm i3 Energy (LSE: I3E) is planning for a “very busy” 2022 with an “extensive” drilling programme on the cards.
Engineering firm Brimmond Group has announced four contract wins worth £1.75 million, marking a successful period of growth for the company as it celebrates its 25th anniversary.
The hydrocarbon industry was one sceptical of change but a trio of price crashes, a pandemic and a swing from negative oil prices to positive has made companies more open to change.
Woodfibre LNG has signed an engineering, procurement, fabrication and construction (EPFC) contract with McDermott International.
ExxonMobil Canada has signed a contract for the Stena Forth to drill one well offshore Canada in the second half of 2022.
Worley has been awarded a services contract with Occidental to help develop a facility for producing low carbon fuels via direct air capture (DAC) in Canada.
QatarEnergy has struck a deal with ExxonMobil to take a stake in an exploration licence offshore Canada’s east coast.
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.