A former senior executive of Monaco-based oil and gas consultancy, who was sentenced to jail over a bribery plot in post-occupation Iraq, has been ordered to pay 402,466 pounds ($560,000) by a London judge.The UK Serious Fraud Office (SFO), which prosecuted the case…
The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it would be conducting an environmental review of a potential wind energy project offshore New York and New Jersey.The agency said it would on Friday, June 18, 2021, BOEM publish…
U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions…
Australia has this week opened bidding for the 2021 Offshore Petroleum Exploration Acreage Release, offering areas with around 80,000 square kilometers of new acreage available for exploration in Commonwealth waters.Minister for Resources, Water…
The Biden administration on Friday said it was seeking buyers for offshore wind energy leases in the shallow waters between Long Island and New Jersey as part of its effort to ramp up the share of offshore wind generation over the next decade…
A Malaysian manager of Norway's largest oil services provider Aker Solutions was charged on Friday over allegations he submitted false documents in dealings with state-owned energy firm Petronas , according to a court charge-sheet.Ahmad Hatta Kamaruzzaman…
Norwegian oil services firm Aker Solutions said on Thursday one of its managers was being questioned by Malaysian authorities and three sources familiar with the case said they expected charges to be brought on Friday.Malaysia's Anti-Corruption…
The Norwegian Ministry of Petroleum and Energy on Wednesday invited oil companies to apply for acreage in the mature areas of the Norwegian continental shelf as part of the Awards in predefined areas 2021 (APA 2021) licensing round.APA 2021…
Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business…
Ørsted, the world's largest offshore wind developer, has joined a consortium with Fred. Olsen Renewables and Hafslund Eco with the aim to compete in Norway's upcoming application round for offshore wind areas.'The Norwegian part of the North…
UK-focused oil and gas company Siccar Point Energy has made an application for consent to the Oil and Gas Authority for an environmental statement for the Cambo field development located near the UK/Faroe Island transboundary line.The Cambo…
Baltic Pipe Project, a strategic EU infrastructure project led by Danish and Polish companies Energinet and Gaz-System to build a gas pipeline from the Norwegian part of the North Sea to Denmark and Poland, has hit a snag in Denmark over environmental concerns…
Exxon Mobil has relinquished its 80% interest in Ghana’s Deepwater Cape Three Points offshore block, a spokesman told Reuters on Thursday.“Exxon Mobil is prioritizing near-term capital spend on the most advantaged assets with the lowest cost…
A landmark lawsuit filed against Guyana's government, arguing that oil production fuels climate change, could bolster legal action as court cases involving energy companies and state authorities surge, according to lawyers and environmentalists…
Chevron Corp, the last major U.S. oil company still operating in Venezuela, received a new U.S. government license allowing it to remain in Venezuela until Dec. 1, the Treasury Department said on Tuesday.The United States beginning in 2019 imposed…