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Oil and gas

Oil Shale
Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion
U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re…
Natural Gas
EU and Norway Step Up Co-Operation to Ensure Additional Gas Supplies
Norway is the biggest producer of oil and gas in Europe, delivering around one-fourth of EU countries’ gas consumption and significantly contributing to Europe…
Top 10 Energy Companies
These energy big-hitters are at the forefront of changing oil and gas dynamics and transition to renewable energy.
Hydrogen Storage
Chevron Pulls Out of Utah Green Hydrogen Energy Storage Project
Oil and gas major Chevron has pulled out of plans to acquire an equity interest in Advanced Clean Energy Storage Delta (ACES Delta), the 300GWh green hydrogen e…
United States
The Rise of Robots in the Oil and Gas Industry
The U.S. of robotics in the oil and gas industry is expected to pick up significantly over the next decade after the Covid pandemic accelerated the digitalizati…
Brazil
Brazil Government Eyes Windfall Tax on Oil Firms, but Guedes Opposed
Brazilian Economy Minister Paulo Guedes is firmly against the idea of tax increases on the oil and gas industry.
CCS
Oil Players Join Forces to Develop ‘One of the Largest CCS Facilities in the North Sea’
In pursuit of its strategy to go beyond net-zero, oil and gas company Neptune Energy has teamed up with several firms to pool resources for the development of a…
LNG
Ukraine Signs Deal to Buy LNG, Green Hydrogen From Quebec
Ukrainian state oil and gas company Naftogaz has announced a deal to buy liquefied natural gas (LNG) and green hydrogen from Quebec, beginning in just five year…
United Kingdom
Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion
The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion thro…
Energy Investment
Windfall Tax Threatens Oil and Gas Investment in North Sea, Says Shell
The energy giant has said the levy “creates uncertainty”
Oil Price
UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for househol…
Coal-Fired Power Plants
“Options Open” for Keeping UK Coal Plants at Normal Capacity This Winter
Energy Minister has said his first priority in the coming winters is to “maintain levels of investment” in the North Sea oil and gas
Russian Federation
Russia and Iran Discuss Swapping Supplies for Oil and Gas, Goods Logistics
Russia and Iran have discussed swapping supplies for oil and gas as well as setting up a logistics hub.
Geothermal Power Plant
New Geothermal Research Alliance Established in Greece
Greece's largest research center and a Greek oil and gas services firm agree to collaborate on researching geothermal energy aspects in Greece.
Energy Transition
Eni to Invest €2.5BN in UK’s Energy Sector
The oil and gas producer has said it will boost carbon capture and renewable energy projects.

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