Offshore Regulations - page 15

 

Canada Releases Draft Guidance on New Oil and Gas Project Emissions

Oct 06, 2022

Canada has released draft guidelines on how new oil and gas projects should demonstrate 'best-in-class' greenhouse gas emissions performance, following up on a government announcement first made in April.The guidance, released late on Tuesday…

Exxon Working on Sakhalin-1 Exit

Oct 05, 2022

Exxon Mobil XOM.N is working with its partners on the U.S. company's exit from the Sakhalin-1 oilfield in eastern Russia, its head of upstream operations said on Tuesday. Production from the giant field, which Exxon operates and in which it owns a 30% stake…

UK Mustn't Spook Investors with Energy Reforms, SSE says

Oct 04, 2022

Britain must be careful not to spook investors with its energy reforms, so it can continue attracting funds for its transition to a cleaner future, the CEO of renewables and networks company SSE said on Monday.Britain has a target to install up to 50 gigawatts (GW) of offshore wind capacity by 2030…

Macron Aims to Make it Easier to Build Renewable Energy Projects in France

Sep 22, 2022

President Emmanuel Macron on Thursday said he will cut red tape to halve the time it takes in France to get renewable projects off the ground, stressing that was crucial at a time when Europe faces a serious energy crunch amid the war in Ukraine…

Australia Court Scraps Drilling Permit for Santos' $3.6B Barossa Offshore Gas Project

Sep 21, 2022

Australia's Federal Court on Wednesday ruled in favor of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in what Santos called a 'disappointing' setback for the $3.6 billion project.Traditional…

Biden Administration Reinstates Bids From 2021 Gulf of Mexico Oil Auction

Sep 14, 2022

The Biden administration on Wednesday said it had reinstated bids from a November 2021 Gulf of Mexico sale of offshore oil and gas drilling rights, a requirement buried in U.S. President Joe Biden’s new climate change and drug pricing law.The…

U.S. Customs Clarifies Foreign Vessel Scope For Offshore Wind Cable Installation

Sep 14, 2022

U.S. Customs and Border Protection clarified further the permissible foreign vessel scope of work for offshore wind cable installation in rulings issued on June 30, 2022, and September 2, 2022. In two instances – installation of cable protection…

Pemex Deepwater Gas Project Draws Rebuke from Mexico's Regulator

Sep 13, 2022

Mexico's oil regulator and state company Pemex are at odds over how to develop a deepwater natural gas project, eight people close to the matter said, threatening to stall a $1.5 billion energy venture.Officials at regulator National Hydrocarbons…

EU Eyes Levy on Fossil Fuel Firms to Help Consumers Survive Energy Crisis

Sep 13, 2022

Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as the cost of the West's 'energy war' with Russia took a growing toll…

US Seeks to Restore Safety Rules Sparked by Gulf Oil Spill

Sep 12, 2022

The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil spills and protect workers and the environment.The proposal aims to restore safety provisions put in place by the Obama administration…

No Details on UK Oil and Gas Licensing Round Until End of Mourning

Sep 12, 2022

No details of an oil and gas licensing round in the British North Sea will emerge until after the official mourning period for Queen Elizabeth ends on Sept. 20, a spokesman for the North Sea Transition Authority said on Monday.New British Prime Minister Liz Truss…

Equinor Completes Russia Exit

Sep 02, 2022

Equinor has completed its exit from Russia, the Norwegian energy group said on Friday, delivering on a promise made after Russia's invasion of Ukraine in February.This marks the first full, orderly exit from Russia by an international oil and gas company as pressure to leave mounts on others…

Russian Lawmaker Urges Europe to Revive Nord Stream 2 to Solve Energy Crisis

Sep 02, 2022

Europe could solve its energy crisis by scrapping sanctions against Russia and launching the mothballed Nord Stream 2 gas pipeline, the speaker of Russia's lower house of parliament said on Friday. Germany halted the Nord Stream 2 Baltic Sea gas pipeline project on Feb…

Australia: Santos Limits Barossa Gas Drilling Pending Court Decision

Aug 26, 2022

Santos Ltd has agreed to pause some drilling on the Barossa gas project in waters off northern Australia pending a court decision on a challenge by a group of Indigenous land owners seeking to stop the $3.5 billion project.Hearings on the case concluded on Friday at the Federal Court in Darwin…

Ombrina Mare Dispute: Italy Has to Pay 190M Euros to Rockhopper Exploration

Aug 24, 2022

Italy will have to pay 190 million euros plus interest to the oil and gas company Rockhopper Exploration for breaching its obligations related to the company's Ombrina Mare field in the Adriatic Sea.The oil company - now mainly focused on Falkland…

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