Britain has increased the amount available in its latest auction round to spur renewable power projects by 22 million pounds ($28 million) taking the total to 227 million pounds, the government said on Thursday.The move comes after Britain’s…
Anasuria Hibiscus UK Limited, a UK-subsidiary of the Malaysian oil firm Hibiscus Petroleum has received a Development and Production Works Consent to a Field Development Plan (“FDP”) for the Teal West field in the UK North Sea.The consent was granted by the UK energy industry regulator…
British Prime Minister Rishi Sunak defended his government's policies on the environment on Wednesday after campaigners criticized them, saying its record on cutting carbon emissions is better than other major countries.Britain adopted the target…
The Irish government has launched a public information and engagement period seeking the views of local South Coast communities to help determine where future offshore wind energy developments may take place. This follows the publication of…
Iran will pursue its rights over the Durra/Arash field if other parties shun cooperation, the country's Oil Minister Javad Owji said on Sunday, according to the Oil Ministry's SHANA news agency. 'If there is no willingness to cooperate, Iran will pursue its rights and benefits…
Britain will grant more than 100 new oil and gas licences in the North Sea as part of efforts to tap domestic supplies and become more energy independent, the government said on Monday. Prime Minister Rishi Sunak said the move was compliant with the government's environmental targets…
Guyana extended to Sept. 12 a deadline for companies to submit bids for its first competitive auction of oil blocks, the government said in a statement on Wednesday.The South American nation has delayed the offer of 14 offshore blocks four times before…
French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore seabed lease this month, despite industry criticism, CEO Patrick Pouyanne said on Thursday while presenting second-quarter results.'In Germany…
Venezuelan expects to sign licenses by year-end for developing the nation's vast natural gas reserves, oil minister Pedro Tellechea said on Friday, even amid U.S. sanctions.Most of the South American country's gas reserves remain undeveloped after decades of insufficient investment…
Oil and gas company Kistos said Friday that its appeal against the Netherlands Ministry of Economic Affairs' decision not to extend the term of the M10/M11 offshore license had been successful.'This ruling is effective immediately and the licence is extended by five years…
The United States announced the first offshore wind power development rights sale in the Gulf of Mexico on Thursday, which President Joe Biden will discuss during a trip to highlight the administration's efforts to boost renewable energy.In February…
Four groups of companies have made bids in Israel's latest tender for offshore hydrocarbon exploration, the Energy Ministry said on Sunday.The ministry said the groups include a total of nine companies, five of which were new to the Israeli market…
Six environmental groups on Wednesday asked the Biden administration to end the 'routine fast-tracking' of offshore oil and gas projects in the Gulf of Mexico, which they claim undermines environmental protections and safety.Earthjustice, the Sierra Club…
Kuwait and Saudi Arabia have 'exclusive rights' in the Durra gas field in the Arabian Gulf, Kuwait Oil Minister Saad Al Barrak said on Sunday, and he called on Iran to validate its claim to the field by demarcating its own maritime borders first…
Anasuria Hibiscus UK Limited, a subsidiary of the Malaysian oil and gas company Hibiscus Petroleum said it has received the consent for the Environmental Statement for the Teal West Development in the UK.The consent was granted by the Offshore…