Türkiye is taking steps to scale up its natural gas storage capacity and slash greenhouse gas emissions with renewables.
While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.
The oil and gas industry become a hotspot for multi-billion mergers and acquisitions in 2023 while hinting at further consolidation in the fossil fuel machinery.
Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.
Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.
The oil and gas industry is always on the lookout for ways to boost production levels at offshore fields and gain access to stranded and untapped reserves that are not easy to bring online.
Offshore hydrogen project PosHydon is entering its final stage with the first hydrogen expected to be produced in the second half of 2024, René van der Meer, Head of New Energy Development at Neptune Energy, revealed during the Offshore Energy Exhibition & Conference (OEEC) 2023. PosHYdon, an initia
Equinor has signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) to divest all its remaining assets in Azerbaijan where it has been present since 1992. The assets comprise a 7.27% non-operated interest in the Azeri Chirag Gunashli (ACG) oil fields in the Azerbaijan sector of the
Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.
Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explor
The Dutch government, through Energie Beheer Nederland (EBN), has joined the PosHYdon project, the world’s first pilot which aims to produce green hydrogen on an operational gas platform in the North Sea. The project, which will integrate three offshore energy systems – offshore wind, offshore gas,
DeepC Store and Azuli International have agreed to jointly pursue and acquire greenhouse gas (GHG) storage acreages in Commonwealth waters offshore Australia said to have strong potential for significant CO2 storage capacities. The two companies have jointly bid for GHG Assessment Permits released b
A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.
Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS have progressed their large-scale CO2 storage project offshore the Netherlands to the next phase. L10CCS, to be connected to the Aramis CO2 transport and storage initiative in the Dutch part of the North Sea, has entere
