ExxonMobil pledges net-zero emissions by 2050
The announcement follows rising investor pressure to respond to climate change and impose more ambitious emission-reduction targets.
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robert sailo
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Woodside divests 49% stake in Pluto Train 2 JV
GIP will fund its 49% share of capital expenditure, as well as invest $822m as construction capital.
How is internet of things innovation progressing in the offshore industry?
Research and innovation in internet of things (IoT) in the offshore oil and gas industry operations and technologies sector…
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Equinor wins 26 production licences on the Norwegian continental shelf
Norway has awarded a total of 53 new production licences under the licencing round APA 2021.
Oil prices jump to multi-year high amid rising supply concerns
Some OPEC member countries are facing difficulties in meeting the allowed capacities due to underinvestment and outages.
UK high court rejects legal challenge to North Sea oil and gas
The claimants intend to appeal the decision, which allows the Oil and Gas Authority to pursue exploration without considering…
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Inpex to start exploratory offshore drilling in Japan
If successful, the project would help in improving energy self-sufficiency in the country.
The US has the highest share in global oil & gas transmission pipeline network
507 pipelines are to start operations in 2025 while the US currently leads with a transmission pipeline network length…
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