Prime Minister Justin Trudeau’s government plans to unveil its proposal to cap oil and gas emissions this fall, a policy that will test Canada’s ability to meet its climate targets without knee-capping a crucial economic sector.
Equinor (OSLO: EQNR) is chewing over whether to make a play for a package UK North Sea assets currently owned by Suncor, according to reports.
Further North Sea oil and gas players are being tipped to up sticks next year as companies look to streamline their portfolios.
Campaign groups have vowed a virtual “day of action” in protest against the development of the Rosebank oil field.
Sval Energi has closed its acquisition of interests in the Martin Linge and Greater Ekofisk Area from Equinor and the acquisition of Suncor Energy Norge.
Sval Energi has signed an agreement to acquire Suncor Energy’s Norwegian business, as the Canadian group looks also to sell off its UK assets amid a pull back from the North Sea.
Equinor (OSLO:EQNR) has published economic analysis for its long-awaited Rosebank project, which sets out commitments to support thousands of UK jobs and invest billions of pounds in the local supply chain.
Energy giant Equinor and Altera Infrastructure are “fully engaged” in a study that could result in the vessel owner’s Petrojarl Knarr FPSO being picked for the 300 million barrel Rosebank gig.
S&P Global Ratings has downgraded its outlook for a number of energy majors, driven by concerns around the energy transition and pressure on profitability.
A government report has revealed CNOOC was the biggest tax spender in the North Sea last year while energy giant Shell paid the least on balance after a reimbursement.
An oil and gas firm has uncovered a dinosaur skeleton amid an excavation in Canada.
Have a look inside one of the world’s largest offshore oil platforms, the Hebron. Suncor Energy has shared footage of the inner workings of the giant ExxonMobile-operated structure. Located off the coast of Newfoundland and Labrador, the Hebron project is shared by Exxon, Chevron, Suncor Energy, Equinor and Nalcor Energy.
Any buyer of Chevron's North Sea Rosebank stake will "need to have very deep pockets", according to a Wood Mackenzie (Woodmac) research chief.
US major Chevron is getting ready to launch a fresh tender for a floating production, storage and offloading (FPSO) vessel for its giant Rosebank project in the UK North Sea.
Suncor Energy said production from the fields off Canada’s east coast helped the firm increase output in the first quarter of 2017.
North Sea oil and gas is on the crest of a “third wave” in its evolution following a series of major deals worth more than $6billion (£4.8billion), energy professionals have claimed.
Suncor Energy said it has reached an agreement to sell its Petro-Canada Lubricants (PCLI) in a $1.125billion deal.
Suncor Energy Inc. is making the biggest bet on oil among the world’s largest producers, counting on recent purchases to help push costs lower while betting demand will outweigh supply -- and environmental angst over one of the dirtiest forms of the fossil fuel.
Suncor Energy's hostile takeover of Canadian Oil Sands shareholders remains on track after it extended its offer to COS shareholders until January 8.
Suncor Energy has made an offer to acquire Canadian Oil Sands Limited in a $4.3billion takeover bid. The company said it formally commenced an unsolicited offer to acquire all of the firm’s outstanding shares. Under the terms of the offer each shareholder would receive a consideration of $0.25 of a Suncor share.