Germany's Greens have enshrined in their election programme plans to abolish the contested Nord Stream 2 pipeline to ship Russian gas to Europe's biggest economy, creating a hurdle to a potential alliance with the conservatives.Chancellor Angela Merkel's conservatives…
The European Union has frozen plans to blacklist more senior executives at Turkey’s state-owned Turkish Petroleum Corporation (TPAO), four diplomats said, in the clearest sign that a diplomatic offensive by Ankara this year is bearing fruit…
The U.S. State Department is tracking efforts to complete Russia's Nord Stream 2 natural gas pipeline and evaluating information on entities that appear to be involved, U.S. Secretary of State Antony Blinken said on Thursday.'Any entity involved in the Nord Stream 2 pipeline risks U…
The Nigerian government is disappointed with a Milan court's decision on Wednesday to acquit Royal Dutch Shell and Eni as well as several former and current managers of the groups in the oil industry's biggest corruption trial.“The Federal Republic…
A Milan court on Wednesday acquitted energy companies Eni and Royal Dutch Shell along with a series of past and present managers including Eni Chief Executive Claudio Descalzi in the oil industry's biggest corruption scandal.The sentence, read out in court by judge Marco Tremolada…
A Milan court is due to issue a verdict on Wednesday in the oil industry's biggest corruption trial, a case centered around the purchase of a Nigerian oilfield by Eni and Royal Dutch Shell for $1.3 billion a decade ago.After more than three years of proceedings and 74 hearings…
Oil company Wintershall Dea has obtained a drilling permit for the well 6406/3-10 A in the Norwegian Sea.The well will be drilled using Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig, after the completion of the drilling of…
U.S. Representative Deb Haaland was confirmed on Monday as Secretary of the Interior, becoming the first Native American to lead a cabinet agency and securing a central role in President Joe Biden’s sweeping plans to fight climate change.The U…
Germany is betting the U.S. administration will take a pragmatic approach to the Nord Stream 2 project to ship Russian gas to Europe and is pushing for the pipeline’s completion in defiance of U.S. opposition, officials and diplomats said.To try to block the $11 billion project…
Norwegian oil and gas company Vår Energi has received regulatory approval to use the subsea facilities on the Marulk field in the Norwegian Sea beyond their original operating life.Vår Energi had consent for the operation of the Marulk field until December 31…
Ministers in the UK are reportedly looking to put an end to new offshore oil and gas exploration licenses as part of the country's 'net-zero' ambitions, the Sunday Telegraph said in a report released over the weekend, citing an unnamed industry source…
Nigeria's petroleum regulator has provisionally awarded tenders to develop 57 of its marginal oilfields, four sources familiar with the matter told Reuters, which could net the government $500 million in signature bonuses.Provisional award letters…
Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils.Development of the Aphrodite…
The U.S. Interior Department announced Tuesday it will launch its review of the federal oil and gas leasing program on March 25, a key step that will determine whether the Biden administration will permanently halt new leases on federal land and water…
The Interior Department completed its final environmental review of what would the first commercial scale U.S. offshore wind farm, it announced on Monday, clearing a key hurdle needed to permit the project off Massachusetts.The U.S. Bureau of…