All articles by Florence Jones
Florence is a staff writer across energy titles and a graduate of MLitt Global Social and Political Thought.
UN-led investor group cracks down on upstream oil and gas
An investment group convened by the UN has cracked down on new upstream oil and gas investments with new measures.
Russia claims all sanctioned oil “successfully redirected” to “friendly countries”
Russia’s Energy Minister claims that all Russian oil exports affected by Western sanctions have been rerouted, despite falling oil production.
UK tax hikes “lead to 500 million barrels of oil left in the ground”
OEUK have predicted that the UK government’s windfall taxes on energy profits will result in reduced production in the UK North Sea.
Report: Offshore oil and gas set for highest growth in a decade
Offshore oil and gas demand remains strong as research firm Rystad Energy predicts record spending in the sector, notably in the Middle East, Brazil and the UK.
Société Générale withdraws from Rio Grande LNG project
French banking giant Société Générale announced its withdrawal from the controversial Rio Grande LNG project on Tuesday, ceasing financing for all American LNG projects.
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Chubb announces plans to only insure projects that cut methane emissions
Chubb announced new climate and conservation targets on Wednesday, which will require oil and gas producers to show evidence of reducing methane emissions to access cover.
US: Biden administration clamps down on oil and gas methane leaks
The US government remains committed to its Emissions Reduction Plan to reduce the release of methane, especially from the oil and gas industry.
Oil prices fall to lowest level in 15 months
Global financial volatility following the banking crisis is credited for causing the lowest oil prices since December 2021.
Report: US natural gas firms add the most new rigs in over four years
The number of new US oil and gas rigs rose by eight this week as the Biden administration continues to push for increased natural gas production.
Norway earns $50.2bn from oil and gas licenses in 2022
State-owned Norwegian oil and gas company, Petoro, has reported record profits for 2022 as Norway has become Europe’s biggest gas supplier.