Russian oil and gas exploration company Gazprom Neft has completed ecological monitoring of grey whale populations at the Ayashsky license block, offshore from Sakhalin Island, with expedition members registering more than 550 animals in the course of a five-month survey…
Norwegian offshore operator Equinor said Monday it will invest 50 billion kroner ($5.67 billion) over 10 years on a path toward reducing company-wide emissions by 40% through to 2030.Using the EU’s 2005, rather the UN’s 1990 as a benchmark year…
Norwegian energy firm BKK announced plans to build an offshore power grid in the North Sea, in a more than $2 billion project to help the country's oil and gas industry cut greenhouse gas emissions.It will undertake the project with infrastructure company CapeOmega…
Oilfield services firm Schlumberger announced its commitment to setting a science-based target to reduce its greenhouse gas (GHG) emissions, in line with the goals of the Paris Agreement to reduce climate change.Schlumberger has submitted its…
Norwegian energy company Equinor has received the second of four approvals needed for offshore exploration in the Great Australian Bight.This week, Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA)…
An Israeli court lifted on Thursday a temporary injunction that had threatened to delay production at the Leviathan gas field due to environmental concerns.Rescinding Tuesday's injunction, the Jerusalem District Court said appellants had not provided sufficient evidence that Leviathan's emissions…
Companies developing the huge natural gas field Leviathan will try to convince an Israeli court on Wednesday to remove an injunction that threatens to delay production due to environmental concerns.On Tuesday, the Jerusalem District Court, in a surprise decision…
A seismic shift in the dialogue around big oil and climate has occurred in the past 12 months. It’s a change in how big oil is orientating itself around what many call the energy transition. Climate goals - governmental, international and industry…
An activist group is increasing the pressure on five big U.S. and European oil companies with shareholder resolutions urging them to meet the Paris climate goals and cut carbon emissions.Dutch group Follow This is targeting U.S. giants ExxonMobil…
ABS published its Guide for Fuel Cell Power Systems for Marine and Offshore Applications to support the design, evaluation, and construction of fuel cell systems on vessels and offshore assets.“As technology evolves and regulators challenge shipping to decarbonize…
The 23rd World Petroleum Congress will set the scene for a discussion about the energy transition, climate change and innovative technologies.Set for December 6-10, 2020, in Houston, considered the energy capitol of the world, the WPC typically draws 10…
The chief executive of Brazilian state-run oil firm Petroleo Brasileiro SA said on Friday it was too early to commit to a climate target and that energy companies had a range of thoughts on the matter.Asked if the firm would match a pledge similar…
Mediterranean-focused oil and gas producer Energean has joined a U.N.-backed initiative and committed to reducing its net carbon emissions to zero by 2050, its chief executive said on Monday.Oil and gas producers have come under heavy pressure…
You might remember the Paris Climate Agreement entered into force in November 2016, and each country’s “green transition” experts on November 25, 2019, began preparing for the UN Climate Change Conference on December 2, 2019.Solar powerhouse…
As the energy transition continues to pick up pace globally, the North Sea has the potential to become a global showcase for impactful change as a number of low carbon solutions grow in prominence, with partnership models becoming critical for the future of the basin…
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