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Fossil Energy

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Low-Carbon TransitionOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsEnvironmentExploration & ProductionOutlook & StrategyRegulation & PolicyTechnologyTransitionLiquefied Natural GasProduction & ProcessingSubseaEquipmentProject & TendersCarbon Capture Usage & StorageCollaborationMarket OutlooksClean FuelIT & SoftwareResearch & DevelopmentGreen MarineInfrastructureVesselsFPSOFPSO & Vessels
Illustration; Source: International Energy Agency (IEA)
Fossil Energy

Fossil fuels’ 75% methane cuts by 2030 come with $170 billion price tag

A new IEA analysis emphasizes the need for more action to bring forth the required emission reductions by 2030.

about 2 years ago
Extinction Rebellion Norway
Fossil Energy

Oil & gas infrastructure in six North Sea countries hit by ‘unprecedented’ blockades

Activists have embarked on a wave of new climate action by setting up blockades to certain fossil fuel infrastructure in six North Sea countries.

about 2 years ago
OneSubsea's equipment to back landmark gas field offshore Philippines
Fossil Energy

OneSubsea’s equipment to back landmark gas field offshore Philippines

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract with a company in the Philippines to deliver subsea equipment for an offshore gas field. Under the contract signed with Prime Energy Resources Development, OneSubsea will deliver wellheads, Christmas trees (

about 2 years ago
Illustration; Source: ExxonMobil
Fossil Energy

ExxonMobil: Europe needs policy change not deindustrialization to be ‘attractive’ decarbonization playground

The president of ExxonMobil’s European arm is adamant that Europe needs industry to deliver the right set of climate tools and solutions.

about 2 years ago
Texas LNG inks 20-year LNG offtake deal with Gunvor
Fossil Energy

Texas LNG inks 20-year LNG offtake deal with Gunvor

Texas LNG has signed a heads of agreement (HOA) with Gunvor for a 20-year LNG FOB sale and purchase agreement (SPA) for 0.5 MTPA of LNG from Texas LNG.

about 2 years ago
MethaneSAT Data Rendering; Credit: MethaneSAT
Fossil Energy

Brand-new satellite with ‘superpower’ to gauge methane goes live – gallery

A satellite has been launched to glean insight into methane emissions, focusing first on oil and gas operators.

about 2 years ago
Thylacine platform in the Otway Basin; Source: Beach Energy
Fossil Energy

With public input period up and running, more gas drilling on the cards for Australia

Beach Energy has submitted a proposal for a natural gas project off the coast of Australia, which is now open for public consultation.

about 2 years ago
Illustration; Source: TotalEnergies
Fossil Energy

TotalEnergies enriches its low-carbon portfolio with Talos’ entire CCS business

TotalEnergies has expanded its carbon capture and storage (CCS) arsenal by acquiring Talos’ CCS business, including three projects along the U.S. Gulf Coast.

about 2 years ago
IEA
Fossil Energy

IEA: Oil in transit reaches record highs due to shipping disruptions

Shipping disruptions through the Red Sea are pushing the amount of oil in transit to record levels, according to the latest International Energy Agency (IEA) Oil Market Report (OMR).

about 2 years ago
Tyra II; Source: TotalEnergies
Fossil Energy

TotalEnergies resumes gas flow from first field as North Sea project enters ‘core’ start-up phase

TotalEnergies is days away from bringing its redevelopment project in the Danish sector of the North Sea back online, as gas from one of the fields flows into the offshore facilities.

about 2 years ago
Sempra breaks ground on Port Arthur LNG
Fossil Energy

Sempra breaks ground on Port Arthur LNG

Sempra Infrastructure has hosted a groundbreaking ceremony for Port Arthur LNG in Jefferson County, Texas.

about 2 years ago
Illustration; Source: CNOOC
Fossil Energy

New ‘major’ oil discovery comes to light offshore China

CNOOC Limited has made a significant oil discovery in the northcentral waters of the Bohai Sea off the coast of China.

about 2 years ago
ADNOC seals second long-term LNG deal for Ruwais project
Fossil Energy

ADNOC seals second long-term LNG deal for Ruwais project

ADNOC and SEFE signed a long-term agreement for the delivery of 1 mmtpa of LNG from low-carbon Ruwais LNG project.

about 2 years ago
Final subsea system components on their way to Enauta's Santos Basin field
Fossil Energy

Final subsea system components headed to Enauta’s Santos Basin field for first oil

Final subsea system components destined for Enauta’s field development project in the Santos Basin are on their way from the UK to Brazil. Brazilian oil and gas player Enauta reported on March 15 that the flexible pipeline system, the last pending subsea system equipment for the FPSO Atlanta product

about 2 years ago
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