Greenpeace investigation names worst companies for flaring in UK North Sea
A Greenpeace investigation has named the five worst firms for flaring and venting in the UK North Sea, emitting nearly 20million tonnes of CO2 equivalent between 2015-2019.
Total
‘Serious intent’ to get major west of Shetland oil projects to net zero – Orion
West of Shetland operators are working with “serious intent” to get huge new oil projects “to a net zero outcome”, according to the head of a major clean energy scheme on the islands.
Plexus: Bilderbeek weighs fundraising options to ‘extend the runway’ for business
Plexus CEO Ben van Bilderbeek is weighing fundraising options to “extend the runway” for the business, which has been faced with years of losses but may now be on the verge of success.
Updated: Total’s Gryphon becomes latest North Sea facility to suffer Covid outbreak
French giant Total has become the latest oil company to suffer a serious outbreak of Covid-19 on one of its UK North Sea facilities.
SEC’s sympathy with Big Oil will test Biden Administration’s climate credibility
Now that Biden has committed to shifting from fossil fuels, the incoming chairman of the Securities and Exchange Commission, Gary Gensler, must decide whether Big Oil are exempt from basic principles of shareholder democracy.
Aramark wins five-year contract for Total North Sea assets
Catering firm Aramark has landed a five-year contract award with Total across several of its UK North Sea assets.
S&P swings downgrade axe on energy majors amid transition
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.
Total gets fastest start on net zero race among Europe oil majors
Total SE has had the fastest start in the race between oil supermajors to achieve net zero carbon emissions.
CHC to support delivery of offshore wind farms from Aberdeen base
North Sea helicopter operator CHC has bagged a contract to provide services for three offshore wind farms, including two in Scotland.
‘We can win this’: Scottish firms urged to go for $100m CCS prize from Elon Musk
Elon Musk has said he’s putting $100million up for grabs to the best carbon capture and storage (CCS) tech – and Scottish firms are being told to go for it.
Green power to the people
After a truly challenging 2020, hopefully 2021 will offer something to look forward to.
Total buys 20% stake in Indian solar developer from Adani
Total has bought 20% of solar developer Adani Green Energy (AGEL) from Adani Group, India’s leading infrastructure platform.
Total confirms $100m Suriname contract award to Maersk Drilling
French energy giant Total has confirmed the award to Maersk Drilling of contracts worth $100 million for its exploration and appraisal campaign in Suriname's Block 58.
Total pulls out of API over climate dispute
Total has opted not to continue being a member of the American Petroleum Institute (API), expressing differences of opinion over climate change.
Babcock continues to decry ‘weakness’ in oil and gas helicopter business
Babcock bosses have continued to hit out at its oil and gas helicopter business, saying “weakness” persisted through the third quarter.
Total joint venture to develop 12 solar projects across US
A joint venture involving French oil major Total is planning to develop a dozen solar and energy storage projects in the U.S., including five in Texas.
Total scores fourth Suriname success
Total and Apache have announced a fourth discovery at Block 58, offshore Suriname.
Uganda goes to the polls amid ruling party crackdown
Uganda goes to the polls today in an election that is likely to see President Yoweri Museveni returned for a sixth term.
Total and Engie to build France’s biggest green hydrogen site
Energy firms Total and Engie have agreed to build and operate France's largest renewable hydrogen production site.
Altrad snaps up contracts worth £30m for work at major oil refinery
Industrial services giant Altrad has signed two long-term contracts with a major oil refinery on the east coast of England, worth an estimated £30 million.
UK North Sea exploration well tipped as ‘one to watch’ in 2021 by Westwood Global
An oil and gas market researcher has highlighted a UK North Sea exploration well expected to be drilled this year by Shell as “one to watch”.
Strohm bags pipe testing contract with Total and ExxonMobil
Strohm has secured a contract with Total and ExxonMobil to trial high pressure, high temperature thermoplastic composite pipe (TCP).
Financial benefits of spinning off renewables assets misses wider decarbonisation issue, warns HSBC
Europe’s oil and gas majors could access a wide pool of investors and “unlock value” by spinning off their renewables assets in initial public offerings (IPOs).
North Sea firms enjoy share price bump on OPEC deal
North Sea firms ranging from BP to Hurricane Energy have enjoyed share price hikes after a deal was reached by OPEC to curb oil production.
Technical development at heart of the solution
Oil and gas companies across the globe are facing something of a balancing act currently.