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Shell expects continued emissions breaches despite $10m fine
Shell has been fined $10m for emission limit breaches at its plant in Beaver County, Pennsylvania, US, but expects further …
Norway’s wealth fund to support activist resolutions against Chevron and ExxonMobil
Norway’s $1.4tn wealth fund, the largest sovereign fund in the world, said on Friday it would back activist resolutions calling …
India to build smaller-capacity oil refineries amid land purchase issues
India’s future oil refineries may be smaller in capacity than current ones due to problems with acquiring land, Indian Oil …
Asda acquires EG Group’s 350 petrol stations in a $2.82bn deal
British supermarket chain Asda is set to acquire all operations of retailer EG Group in the UK and Ireland, including …
TGS, PGS, and Schlumberger to conduct 3D seismic survey offshore Malaysia
TGS and its partners PGS and oilfield services company Schlumberger have secured pre-funding for a multi-client 3D seismic survey offshore …
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Worley secures contract to service Shell’s global projects
Australian engineering company Worley has secured a contract to offer services to UK energy major Shell’s operations across the globe. The three-year enterprise …
UK’s opposition leader will block all new North Sea oil and gas drilling if elected
The UK’s Labour Party leader Sir Kier Starmer has announced plans to end UK domestic drilling in the North Sea …
ONGC announces $12bn in green project investment by 2030
India’s largest oil explorer Oil and Natural Gas Corporation (ONGC) has announced plans to invest Rs1tn ($12.1bn) by the end …
Trinidad and Tobago to award onshore exploration licences
The Government of Trinidad and Tobago has accepted bid recommendations for six of eight onshore oil and gas exploration blocks, …
Namibia looks to acquire minority stakes in petroleum companies
Namibia is looking to take minority stakes in petroleum production companies, joining nations considering nationalisation of resources, reported Bloomberg News. A …
Ecopetrol and Repsol records new hydrocarbons discovery in Colombia
Colombian majority-state-owned oil company Ecopetrol and its partner Spanish energy business Repsol have made a hydrocarbons discovery at the Tinamú-1 …
Prime Energy signs condensate supply deal with Abu Dhabi’s AGT
Prime Energy Resources Development has signed an agreement to supply condensate from the Malampaya gas field offshore north-west Palawan, Philippines, …
Who’s innovating where? Shale related patent filings activity decreased by 23% in the oil & gas industry in Q1 2023
The global oil & gas industry experienced a 23% decline in the number of shale-related patent applications in Q1 2023 …
Who’s innovating where? Renewable Energy related patent filings activity decreased by 9% in the oil & gas industry in Q1 2023
The global oil & gas industry experienced a 9% decline in the number of renewable energy-related patent applications in Q1 …
Who’s innovating where? LNG related patent filings activity decreased by 8% in the oil & gas industry in Q1 2023
The global oil & gas industry experienced an 8% decline in the number of lng-related patent applications in Q1 2023 …