An Australian court on Tuesday overturned a controversial decision by the previous prime minister to block a gas exploration project off the country's east coast, opening the door for the project to be reconsidered.The Federal Court quashed…
Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas this week, following a bid by descendants of a former sultanate to enforce a $15-billion award they had won against Malaysia, according to the heirs' lawyer and court documents seen by Reuters…
Japan's oil and gas company Inpex has executed Production Sharing Contracts (PSC) for two offshore blocks in Malaysia.Inpex executed the contracts with Petronas, Petronas Carigali Sdn. Bhd. (PCSB) and Petroleum Sarawak Exploration & Production Sdn…
Guyana expects to finalize a new oil production-sharing agreement model on time for an auction that will collect bids through mid-April, the country's vice president told an energy conference on Tuesday. The South American country has emerged…
Tullow Oil said on Tuesday its Ghana unit filed for arbitration in London over two tax assessments the West Africa-focused oil producer received from local authorities.The tax assessments Tullow disputes amount to $387 million relating to a period from 2010 to 2020…
The Danish Energy Agency has suspended reviewing existing and new applications to install new wind farms and other renewable energy projects in the country over a potential conflict with European Union law, it said in a statement late on Monday…
Trinidad and Tobago's energy minister met Venezuelan officials on Monday, according to Venezuela's state media, the first high-level visit since the United States last month greenlighted the joint development of a key offshore gas project. The…
Brazilian President Luiz Inacio Lula da Silva said on Monday his government would promote recovery in the country's shipbuilding and oil and gas sectors, with more investment from state-run oil firm Petrobras SA and development bank BNDES. 'Petrobras…
The Russian General Prosecutor's Office is asking a court to recover 15.5 billion roubles ($220 million) in allegedly unpaid taxes from U.S. oil major ExxonMobil , local news agencies TASS and Interfax reported on Tuesday citing court documents…
Mexican oil and gas companies, including state giant Pemex, are lagging behind on their obligations to identify, report and mitigate methane emissions from their installations, an investigation by a group of non-profits found.Methane, a potent greenhouse gas that traps heat in the atmosphere…
Portugal expects to launch its first offshore wind power auction by the last quarter of this year, aiming to reach 10 gigawatts (GW) of installed capacity by 2030, Prime Minister Antonio Costa said on Monday. As a pre-condition to the auction…
Santos Ltd faces a new delay in developing the Barossa gas project off northern Australia after a regulator ordered it to evaluate environmental risks to underwater indigenous cultural heritage before starting pipeline construction.The Jan. 13 notice…
Trinidad and Tobago will consider direct negotiations with energy companies for oil and gas exploration, possibly moving away from a competitive bidding round system, Prime Minister Keith Rowley said on Monday. The talks follow difficulties…
Britain's opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in Britain under a Labour government - a big change from current UK energy policies.Starmer said during a panel discussion at the…
Offshore Energies UK, a body representing the UK's offshore energy industry, has called for the government to help rebuild investment confidence following tax hikes that have forced the UK's biggest oil and gas producer in the North Sea, to start planning job cuts…
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