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Authorities & Government

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Two Barents Sea wells lined up for Transocean rig
Authorities & Government

Two Barents Sea wells lined up for Transocean rig

Vår Energi has secured two types of permits from the Norwegian authorities for two exploration wells located in the Barents Sea off Norway.

about 4 years ago
Offer put forward for ‘largest and most prospective oilfield’ off Benin
Authorities & Government

Offer put forward for ‘largest and most prospective oilfield’ in Benin

Zenith Energy has handed over an offer for a block with “significant untapped, independently assessed oil and gas reserves” offshore Benin.

about 4 years ago
Valaris MS-1 rig
Authorities & Government

Disappointed Santos halts Barossa drilling plans after court revokes permit

A court in Australia has ruled against Santos but in favour of an indigenous group in a case related to the development of the Barossa gas project.

about 4 years ago
Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative
Authorities & Government

Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative

Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.

about 4 years ago
Illustration (Courtesy of IRENA)
Authorities & Government

IRENA: Greater international collaboration needed to get the world on net-zero track

International Renewable Energy Agency (IRENA) has released a new report, setting out urgent priorities to rapidly make more clean technologies the most affordable options in key sectors.

about 4 years ago
CGM CGM Champs Elysees
Authorities & Government

Study: Shipowners opting for LNG risk $850 bln loss in stranded assets by 2030

The world’s rapidly growing fleet of ships that can burn liquefied natural gas (LNG) is at risk of financial losses of $850bn by 2030, according to a new study by UCL Energy Institute researchers. Namely, 65% of the newbuilding deliveries by 2025 is capable of running on LNG as a marine fuel, up fro

about 4 years ago
A photo of the Deutsche Bucht Offshore Wind Farm in Germany
Authorities & Government

Nova Scotia’s green hydrogen plans lead to first offshore wind leasing in Canada

The Canadian Province of Nova Scotia will auction off 5 GW of offshore wind energy by 2030, starting in 2025, with an ultimate aim to support green hydrogen production. This is the first concrete move toward planned offshore wind development in the country which has seen significant activity in the

about 4 years ago
Norway: Oil production grows in August but gas output falls
Authorities & Government

Norway: Oil production grows in August but gas output falls

Norway recorded lower gas production in August 2022 compared to the figures from July 2022 while the oil output is higher than last month.

about 4 years ago
UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator
Authorities & Government

UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator

The NSTA says that the UK oil & gas industry is making progress on emission reduction targets but more will be required to reach 2030 goals.

about 4 years ago
Moscow Maersk
Authorities & Government

Maersk backs Clean Shipping Act

Container shipping major Maersk has voiced support for the Clean Shipping Act, the first stand-alone legislation in the U.S. that aims to address pollution from the shipping industry. The bill was introduced into the U.S. Congress in July 2022 by Congressman Alan Lowenthal who represents the Port of

about 4 years ago
New Dutch donation to bridge funding gap, allowing UN to embark on salvage ops for ‘ticking timebomb’ in Red Sea
Authorities & Government

New Dutch donation to bridge funding gap for UN’s salvage ops in Red Sea

With additional funds from the Netherlands, the UN may be able to start the salvage operation to prevent a major oil spill in the Red Sea.

about 4 years ago
Stena Forth drillship
Authorities & Government

Chevron and partners prepare investment for Aphrodite gas field as Cyprus and Israel push for swift resolution of reservoir dispute

Oil major Chevron and its partners in the Aphrodite gas field off Cyprus have allocated funds for the drilling of an appraisal well and other development costs for the project.

about 4 years ago
Aramco CEO calls for ramp up of oil & gas investments and ‘more credible’ transition plan to tackle energy security challenges
Authorities & Government

Aramco CEO calls for investments in oil & gas and ‘more credible’ energy transition plan

Ramp-up of oil & gas investments and a new energy transition plan are required for a secure and sustainable energy future, says Aramco’s CEO.

about 4 years ago
Illustration/Sabella's tidal turbine (Courtesy of Ocean Energy Europe)
Authorities & Government

Renewables associations call for removal of Innovation Fund’s ‘administrative barrier’

Ocean Energy Europe, along with 10 other renewable energy industry bodies, has sent a joint letter to European Commission, arguing that the Innovation Fund’s third call must recognize the full decarbonization potential of renewables.

about 4 years ago
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