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Oil and gas
LNG
Central African Countries Champion 6500-Km of New Pipeline Construction
Central African countries have signed an agreement to construct three multinational oil and gas pipeline systems of around 6,500 km, storage depots, LNG termina…
Net Zero Emission
Singapore Bank DBS Sets Decarbonisation Targets for Key Sectors
Singapore's DBS Group has set decarbonisation targets for nine industry sectors, including power, oil and gas, aviation and shipping, and reinforced its commitm…
Coal Mine
Can South Africa Kick Its Coal Addiction?
A South African court has ruled that Shell will not be allowed to go ahead with its offshore oil and gas exploration project off the Indian Ocean Coast.
Oil & Gas Trade
New UK Prime Minister Opposes Windfall Tax on Energy Companies
UK's new Prime Minister Liz Truss said she was against the windfall tax on oil and gas companies operating in the UK.
Oil Price
Energy Bonanza Drives Shareholder Payouts to New Record
Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and …
Oil Refinery
Venezuela’s Second Largest Refinery Resumes Gasoline Production
Venezuela's state oil and gas company PDVSA has restarted gasoline production at the country's second largest refinery after repairing a breakdown.
Oil Field
Norway’s Climate Choice: Old Oil, Gas Fields Switch to Green Power or Close Early
Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offs…
CCS
Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects
Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas prop…
Crude Oil
It’s Time for an Oil and Gas Boom in Africa
There are plenty of promising oil and gas opportunities in Africa, but the global transition away from carbon-intensive energy sources makes it a controversial …
Crude Oil
The Burgeoning Energy Partnership Between Azerbaijan and the EU
As the European Union continues to pursue new sources of energy to replace Russian oil and gas, it is expanding its energy partnership with Azerbaijan.
Oil&Gas Drilling
Shell: UK North Sea Needs Investments in New Oil and Gas Projects
The UK North Sea oil and gas sector needs more investments in new developments as Britain will need domestic fossil fuel resources, Shell’s UK head of upstream…
Crude Oil
Japan Intends to Keep Stake in Sakhalin-1 Oil Project - Industry Minister
Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned …
Offshore Wind Power
Floating Offshore Wind to Power North Sea Oil and Gas Field
A wind turbine will supply the energy needed for the operation of the oil and gas facility.
SINOPEC
Saudi Aramco Signs Deal With China’s Sinopec to Boost Collaboration in New Projects
The two companies will look for opportunities in the kingdom's oil and gas sector.
Carbon Neutral
Australian Pension Fund Dumps $133 Mln in Oil, Gas Stakes in Carbon Neutral Push
Australian pension fund NGS Super on Thursday said it had sold all its holdings in oil and gas companies, worth A$191 million ($133 million), in a drive to achi…
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