Africa needs harmonized oil legislation to avoid ruinous competition among its oil-producing nations as they vie for investors, Senegal's President Macky Sall told an oil conference on Thursday.Sall said that as some developed nations push for an end to investments in fossil fuels…
UK-based renewable energy giant SSE said Monday that its Seagreen 1A offshore wind farm proposal had achieved a significant milestone after Scottish Government Ministers consented to its Marine Licence application.The Marine Licence covers the offshore elements of the project…
Britain on Monday opened applications for its biggest renewable energy auction round to date, offering 285 million pounds ($376.97 million) in funding to help deliver on its climate targets, the government said. 'By generating more renewable energy in the UK…
The conviction of Ziad Akle, a former Unaoil executive jailed last year for bribery, has been quashed and the UK Serious Fraud Office (SFO) was accused of a 'serious failure' in a damning judgment by London's Court of Appeal.Senior judges refused an SFO request for a retrial for the 46-year-old…
A consortium of ExxonMobil and QatarEnergy has signed an exploration and production sharing contract with the Republic of Cyprus for the offshore Block 5 located southwest of the island.This is QatarEnergy’s second exploration block in the Republic of Cyprus…
Japan's industry ministry said on Friday it had launched a public auction to select an operator for the 356 megawatt (MW) offshore wind power project in Happo-Noshiro, off Akita prefecture in northern Japan.The Happo-Noshiro area was selected…
Oil major Chevron and the government of Equatorial Guinea have signed a production-sharing agreement for an offshore block in the Douala Basin, oil minister Gabriel Mbaga Obiang Lima said on Thursday.The agreement grants Chevron 80% ownership over block EG-09…
The Norwegian offshore oil and gas safety regulator PSA Norway has granted Lundin Energy Norway consent to drill an exploration well in block 6306/9 in the Norwegian sea.Lundin Energy will use Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig for the operation…
U.S. officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 natural gas pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday.The White House said…
Trinidad and Tobago next year plans to launch bidding rounds for onshore and shallow-water areas on top of last week's launch of an auction of 17 deepwater oil and gas blocks, the nation's energy minister told Reuters.The Caribbean country, which is among the region's top producers of natural gas…
Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.Pumping gas without the German approval would only incur a modest fine…
Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration license in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorized exploration in its jurisdiction.For decades…
Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oil field in the British North Sea, which became a lightning rod for climate activists seeking to halt the development of new oil and gas resources.Following 'comprehensive screening' of the Cambo field…
Colombia received bids for 30 blocks from seven companies during its latest oil and gas auction, the government said on Wednesday, as the Andean country looks to maintain energy self-sufficiency amid a drive to develop renewable sources.The…
Woodside Petroleum said on Tuesday an environmental body will challenge the government's decision to approve the expansion of its Pluto LNG train on concerns of environmental harm caused by greenhouse gas emissions.The Conservation Council of…