Global aquaculture production has already exceeded wild fisheries production, and space constraints in coastal areas have driven interest in the viability of combining aquaculture with offshore energy installations. New ideas keep coming.An…
As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on future oil and gas supply, but meeting this demand would require a significant increase in upstream investment, resulting in higher hydrocarbon prices…
Malaysian state energy firm Petroliam Nasional Berhad (Petronas) will retain its national authority over oil and gas even as Petroleum Sarawak Berhad (Petros) takes control of gas distribution in Sarawak state, Prime Minister Anwar Ibrahim said…
Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power…
Oil and gas company Trident Energy has completed the acquisition of the entire issued share capital of Chevron Overseas (Congo), as well as an additional working interest in the Nkossa and Nsoko II fields from TotalEnergies.The acquisition results…
The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf.Awards in Predefined Areas (APA) is an annual exploration round for the Norwegian continental shelf. Of the 53 production licenses offered in APA 2024…
BP warned on Tuesday that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss…
The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf in the APA 2024 licensing round to a total of 20 companies.Awards in Predefined Areas (APA) is an annual exploration round for the Norwegian continental shelf…
Russian Foreign Minister Sergei Lavrov said on Tuesday that the potential bankruptcy or sale of the operator of the completed but never launched Nord Stream 2 gas pipeline would amount to 'theft'.Lavrov, speaking at a news conference in Moscow…
Yinson Production has entered into a definitive agreement with a consortium of global investment firms to raise pre-IPO growth capital of $1 billion to support further growth.The $1 billion pre-IPO consists of redeemable convertible preferred shares and 10% warrants…
Aker BP and its partner Concedo have drilled a dry well near the Bøyla field in the North Sea.The well, 24/12-8 S or ‘Rumpetroll South’, is a follow-up to the discovery made in well 24/9-13 – ‘Rumpetroll’, in 2019.Both wells are located in production license 869…
Five of Canada’s largest energy-focused industry associations have formed a joint working group to support the push against the threat of a 25% tariff on all Canadian goods from the incoming U.S. President, Donald Trump.The Canadian Association of Petroleum Producers (CAPP)…
President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.Here are some of the energy-related executive…
Galp has appointed two members of its board as interim Chief Executive Officers (CEOs) following the resignation of Filipe Silva.Galp’s Board of Directors unanimously appointed its board members Maria João Carioca (CFO) and João Diogo Marques…
Russia said on Monday it had downed nine Ukrainian drones that tried to attack part of the infrastructure of the TurkStream gas pipeline, through which Russian gas flows to Turkey and Europe.The Russian defence ministry said the attack was aimed…