KN Energies has widened its footprint in Germany with its first deal to provide technical operation and maintenance services to an LNG terminal in the country.
KN Energies (KN) has confirmed the departure of an FSRU to Denmark, where an inspection and repair is planned to be carried out in the dry dock.
Shell has made strides in the pursuit of its strategy, which aims to bring more energy to the fore with a reduced emissions footprint.
Eight companies have submitted their applications to the Norwegian Ministry of Energy for CO2 storage licenses for two areas on the Norwegian Continental Shelf (NCS). Aker BP, Equinor Low Carbon Solution, Lime Petroleum, Northern Lights JV, OMV (Norge), PGNiG Upstream Norway, Vår Energi and Wintersh
OMV is the latest in the long line of oil and gas players that have thrown their support behind the Oil & Gas Methane Partnership (OGMP 2.0).
Türkiye is going all out to wean itself from its dependence on foreign natural gas, as demonstrated by the ongoing LNG negotiations with ExxonMobil.
TotalEnergies has set its cap on pursuing a balancing act between hydrocarbons and low-carbon and green sources of supply, which cushioned the fall in profit due to the downward trend in gas prices.
As its current CFO steps down from the role, Norway’s Aker Carbon Capture has appointed an interim CFO, who will take the reins in 2Q 2024.
Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.
The EU is one step closer to pulling out of the Energy Charter Treaty (ECT), as there is no end in sight for the stalemate over revamping its terms.
With natural gas prices being nearly cut in half, Italy’s energy giant Eni has seen a 46% drop in net profit in the first quarter of 2024 compared to the sum collected in the same period last year.
Eni has ironed out an agreement on the combination of its upstream assets in the UK, excluding East Irish Sea ones and CCUS activities with Ithaca Energy.
Europa Oil & Gas has published a report suggesting that its prospect offshore Ireland could help curb the firm’s carbon footprint.
Aker BP has started production from a field in the North Sea, which has been tied back to an existing platform off the coast of Norway.
