BP, a multinational oil and gas company, and the Government of Egypt have signed a memorandum of understanding (MoU) for the exploration of the potential for establishing a new green hydrogen production facility in the country. The MoU was signed by BP, Egypt’s New and Renewable Energy Authority (NR
Perenco has made an oil discovery in an exploration well located in the shallow water Pointe Noire Grand Fond (PNGF) Sud license off Congo.
Environmental group Friends of the Earth has filed a legal challenge against the UK’s government decision to approve $1.15 billion of financing for the Mozambique LNG project led by French energy major TotalEnergies. The move comes after the judicial review, brought by Friends of the Earth, ended up
The International Association of Dry Cargo Shipowners (INTERCARGO) has joined the critics of the Carbon Intensity Indicator (CII) framework voicing opposition to its use as a benchmark for medium-term measures as part of the IMO’s revised GHG Strategy. INTERCARGO said that its members expressed thei
While tackling the energy trilemma, BP has been working on multiple projects and three of these are on track to start up next year.
Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be loaded and where they would head as Moscow defines its steps in response to the [&he
Yinson Production, through its wholly-owned subsidiary, Yinson Azalea Production Pte Ltd, has entered into an agreement for preliminary activities with Azule Energy, through its wholly-owned subsidiary Eni Angola S.p.A, for the Agogo project in Angola. Under the agreement, the parties will commence
Norway’s DOF Group has secured multiple new jobs in the Atlantic region with an undisclosed operator in West Africa.
Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.
Greenhouse gas emissions from the world’s maritime fleet increased by 4.7%, between 2020 and 2021, with most of the increase coming from container ships, dry bulk carriers and general cargo vessels, the latest Maritime Transport report from UNCTAD warns. Another worrying trend is the fact that the f
Following the completion of the construction phase for an FPSO, Woodside has tucked “another important milestone” under its belt.
Westwood Global Energy has done a deep dive into the impact of the energy crisis on the energy transition to a sustainable, green future.
