Mexican senators will consider a new head of the country's powerful oil regulator, according to legal announcements to lawmakers dated Wednesday and Thursday, after the current head abruptly resigned.National Hydrocarbons Commission (CNH) President…
U.S. oil and gas firm Hess Corp says first oil began flowing last month from a Shell-operated Llano-6 well in the U.S. Gulf of Mexico, a project for which it owns a 50% stake. Hess, best known for its 30% interest in the Exxon Mobil-operated Guyana offshore oil and gas development…
Oil producers in Guyana are boosting exports to European buyers seeking alternatives to Russian crude, according to vessel monitoring data.Government bans on Russian oil since the invasion of Ukraine have spurred demand for alternative crudes…
Norwegian offshore vessel owner Solstad Offshore announced it has entered into a new contract for the construction support vessels (CSV) Normand Mermaid.The new contract is in direct continuation of an existing one with Solstad Offshore's present client…
Britain's move to green-light dozens of new oil and gas fields will leave investors and banks with a tough PR job as Britain struggles to shore up its energy security whilst sticking to its climate commitments.Starting new oil and gas projects…
Once again, the events of the last month have shown that the impetus to continue to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050…
Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows as the sector struggles to shake off the effects of the Covid-19 pandemic and the ensuing oil market crash…
Tidal energy developer Minesto has this week launched its second Dragon Class tidal kite in Vestmanna, Faroe Islands, and has started producing electricity.The tidal energy power plant “Dragon 4” will benefit from previous configuration testing executed with the first unit…
The British government is expected to announce dozens of new North Sea oil and gas exploration licenses in an effort to boost domestic production, two sources familiar with the government's discussions said.The exact number of new licenses was still to be confirmed…
Denmark's Maersk Supply Service and renewable energy pioneer Stiesdal Offshore have entered into a strategic partnership to offer combined solutions to this fast-growing sector within floating offshore wind.The companies say they intend to combine…
BlueFloat Energy and Energy Estate have said they will expand the proposed capacity of their Greater Gippsland Offshore Wind Project in Australia from 1.275 GW to 2.085 GW.The so-called Southern Winds bottom-fixed project is located in the Bass Strait…
Australian oil and gas firm Santos has been awarded permits to undertake evaluation and appraisal work for the potential storage of carbon dioxide in the offshore Carnarvon and Bonaparte basins, off the coast of Western Australia, the company announced today…
Oil prices climbed on Thursday, paring some of their steep losses in the previous session, as the potential for an energy standoff between European nations and Russia overshadowed fears of recession and rising inflation.Brent crude futures LCoc1 rose by 25 cents or 0…
Africa-focused oil and gas company Chariot it has signed a pipeline tie-in agreement that takes it a step forward in unlocking its Anchois gas project offshore Morocco. The agreement was signed with the Office National des Hydrocarbures et des…
Norway-based subsea services provider Reach Subsea has recently signed contracts amounting totally in excess of NOK 200 million, including an important strategic contract in the Brazilian market, which was signed yesterday (7 Sept). The contract…