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Regulation & Policy

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FPSO Montara Venture; Source: Jadestone Energy
Regulation & Policy

Green light for wellhead removal ops at Australian oil field

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has received a stamp of approval for its environmental plan (EP) from the country’s offshore regulator for wellhead removal activities at its oil field off the coast of Australia.

about 5 months ago
AES to buy 49.9% stake in AES Colón LNG plant
Regulation & Policy

US court sends $4 billion LNG legal battle back to Virginia state court

Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has disclosed the return of its multibillion-dollar lawsuit against AES Corporation to the Virginia state court.

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about 5 months ago
A rig offshore
Regulation & Policy

Obtaining production right for offshore block key to oil & gas firm’s South African expansion

With a recent court ruling spurring new environmental assessments for energy projects, Canada-headquartered oil and gas exploration company Africa Energy has confirmed an extension for the submission of a new environmental and social impact assessment (ESIA) for a block off the coast of the Republic

about 5 months ago
EIB continues its support for Malta-Italy interconnector with €100 million
Regulation & Policy

EIB continues its support for Malta-Italy interconnector with €100 million

The European Investment Bank (EIB) is supporting the development of the second electrical interconnector between Malta and Italy with €100 million. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna substation at Ragusa, Si

about 5 months ago
Ireland and Spain formalize plan to explore electricity interconnection
Regulation & Policy

Ireland and Spain formalize plan to explore electricity interconnection

Irish and Spanish ministries have signed a memorandum of understanding (MoU) to explore the potential for a future electricity interconnector between the two countries. The MoU was signed by Ireland’s Department of Climate, Energy and the Environment and Spain’s Ministry for the Ecological Transitio

about 5 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Regulation & Policy

North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue and implement the transition to a low-carbon and

about 5 months ago
€100 million EU financing backs Port of Klaipėda’s energy transition path
Regulation & Policy

€100 million EU financing backs Port of Klaipėda’s energy transition path

The European Investment Bank (EIB) has approved approximately €100 million in financing to support the energy transition, among other things, at the Port of Klaipėda in Lithuania. The €201 million project targets the modernization and expansion of the core Trans-European Transport Network (TEN-T) Po

about 5 months ago
Illustration; Source: Woodside
Regulation & Policy

Court case ends in settlement with Woodside and Greenpeace agreeing to foot their own bills

Australian energy giant Woodside and Greenpeace Australia Pacific (GAP), an independent campaigning organization, have reached a settlement in an emissions lawsuit, which has now been dismissed in the Federal Court of Australia.

about 5 months ago
Illustration; Source: Novatek
Regulation & Policy

EU’s 20th sanctions batch tightens grip on Russia’s oil, gas, LNG and shadow fleet spheres with 632 vessels blacklisted

As the European Union (EU) continues to take steps to constrain Russia’s revenue streams and energy export capacity to bring the Ukraine crisis to an end, it has rubber-stamped a new raft of sanctions against the country, expanding its crackdown on the Russian energy industry and widening the net ar

about 5 months ago
Gilda platform; Source: BOEM
Regulation & Policy

BOEM issues environmental review for multi-well stimulation at Californian offshore platform

The U.S. Bureau of Ocean Energy Management (BOEM) has released the final environmental impact statement for proposed offshore well stimulation work at a platform off the coast of California, 28 days after the publication of the notice of intent. The final environmental impact statement evaluates DCO

about 5 months ago
renewable
Regulation & Policy

World’s first global shipping carbon price talks back at UN’s bargaining table

As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend th

about 5 months ago
CCS exploration drilling ops cleared for launch offshore Japan
Regulation & Policy

CCS exploration drilling ops cleared for launch offshore Japan

On a mission to support carbon capture and storage (CCS), Metropolitan CCS, a joint venture (JV) between Inpex Corporation and Kanto Natural Gas Development, has secured the green light from Japan’s Minister of Economy, Trade and Industry to undertake exploratory drilling offshore Kujukuri along the

about 5 months ago
Illustration; Credit: Morten Berentsen/NOD
Regulation & Policy

Norway eyes enhanced oil & gas recovery projects to boost production

Given its aim to increase oil and gas output on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has spotlighted the use of advanced methods as a solution to curb production decline.

about 5 months ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Regulation & Policy

Vår Energi unveils $360 million investment in Barents Sea field

Norwegian oil and gas player Vår Energi has handed out a revised plan for development and operation (PDO) of a project in the Barents Sea to Norway’s Ministry of Petroleum and Energy to enable higher production for longer from an offshore field.

about 5 months ago