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Regulation & Policy

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Calcasieu Pass terminal; Source: Venture Global
Regulation & Policy

BP scores victory in arbitration showdown with Venture Global, seeks over $1B in damages

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has lost its arbitration battle against the UK-headquartered energy giant BP over the delay in starting full commercial operations at its LNG facility in Louisiana, United States.

about 11 months ago
Germany
Regulation & Policy

Germany first country to embark on Canada’s green shipping corridor initiative

Germany has become the first country to join a Canadian initiative to establish green shipping corridors.

about 11 months ago
Deepsea Stavanger semi-submersible rig; Source: Africa Energy
Regulation & Policy

Domino effect of recent permit reversal: Uncertainty envelops another African block’s development

After the Western Cape High Court’s decision to ax environmental authorization for oil and gas offshore drilling activities planned in Block 5/6/7, Canada-headquartered oil and gas exploration company Africa Energy has embarked on talks to find out what is required for an environmental and social im

about 11 months ago
NZF
Regulation & Policy

All eyes on London as maritime industry readies to adopt first global carbon pricing scheme

Despite being far from perfect, the world’s first global carbon pricing scheme on any international polluter—global shipping— is expected to be adopted next week.

about 11 months ago
Harmony platform; Source: Sable Offshore
Regulation & Policy

Texas-based oil & gas firm demands $347M in damages from Golden State over pipeline halt

As a pipeline shutdown saga continues in California, Sable Offshore, a Texas-headquartered oil and gas company, is looking to get hundreds of millions in damages as part of the escalation of its dispute with the California Coastal Commission.

about 11 months ago
Deepsea Yantai rig; Source: Odfjell Drilling
Regulation & Policy

Go-ahead clears path for Odfjell Drilling-managed rig’s ops in Norway

Norway’s oil and gas company OKEA has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which is expected to be undertaken using one of Odfjell Drilling-managed semi-submersible rigs.

about 11 months ago
CorPower Ocean takes leading role at Ocean Energy Europe
Regulation & Policy

CorPower Ocean takes leading role at Ocean Energy Europe

Wave energy developer CorPower Ocean has stepped up its support for Ocean Energy Europe (OEE), a network of ocean energy professionals, taking on the role of Lead Partner, according to OEE. CEO of CorPower Ocean Patrik Moller will continue to represent the company on the OEE Board of Directors, wher

about 11 months ago
Lloyd’s Register updates guidance on fuel cell installation on ships
Regulation & Policy

Lloyd’s Register updates guidance on fuel cell installation on ships

Lloyd’s Register (LR) has released updated guidance on the installation of fuel cells on ships.

about 1 year ago
Troll B platform; Credit: Øyvind Hagen/Equinor
Regulation & Policy

Equinor gets the all-clear to deploy export solution for North Sea gas

Equinor has received the Norwegian authorities’ blessing for a new gas export solution, which will create an alternative path for gas exports from a platform in the North Sea to bolster Norway’s energy security.

about 1 year ago
Illustration; Source: Europa Oil & Gas
Regulation & Policy

PSC extension in hand: Farm-out and drilling plans moving forward for African oil & gas block

UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has confirmed that the final details are being ironed out for an extension of a production sharing contract (PSC) covering a block off the coast of Equatorial Guinea.

about 1 year ago
Illustration: Source: Wood Mackenzie
Regulation & Policy

50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach

With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence group, has pointed out that such a decision cou

about 1 year ago
Keppel-led consortium to advance ammonia project on Jurong Island
Regulation & Policy

Keppel-led consortium to advance ammonia project on Jurong Island

The Energy Market Authority of Singapore (EMA) and the Maritime and Port Authority of Singapore (MPA) have appointed the consortium led by asset manager and operator Keppel to conduct the next phase of the project to provide a low- or zero-carbon ammonia solution on Jurong Island for power generatio

about 1 year ago
ESPO
Regulation & Policy

European ports call for ‘swift’ adoption of IMO NZF

Ahead of the next International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) meeting taking place on October 14 in London, the European Sea Ports Organisation (ESPO) has urged IMO member states to formally adopt the Net-Zero Framework.

about 1 year ago
A rig offshore
Regulation & Policy

Australia’s energy backbone: Oil & gas firms set to boost tax revenue with $21.9 billion

While emphasizing that oil and gas companies are among Australia’s largest corporate taxpayers, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has highlighted that the hydrocarbon industry will drive additions to taxes and roya

about 1 year ago
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