Woodside Energy Group Ltd's WDS.AX shareholders on Friday supported its management pay report and re-election of directors despite a strong push by activist groups and some smaller investors upset over its climate report to reject the plans…
Denmark has lifted restrictions on sailing in waters near the Nord Stream pipeline leaks in the Baltic Sea and said it was no longer dangerous for ships to navigatein the area. The restrictions were lifted by the Danish Maritime Authority (DMA) at the recommendation of the Danish Energy Agency…
DNV has started a new Joint Industry Project (JIP) to increase certainty in the design process for wind farms challenged by earthquakes. The so called ACE2 JIP is a follow-up project of “Alleviating Cyclone and Earthquake Challenges” (ACE) JIP…
Italian energy group Eni said on Friday its first-quarter net profit fell 11% year on year on lower oil and gas prices compared with the first three months of 2022, when Russia's invasion of Ukraine sent energy prices soaring. Adjusted net profit for the period came in at 2…
Leaders from European countries surrounding the North Sea pledged on Monday to rapidly scale up offshore wind power generation in the region to strengthen energy security, at a summit in Ostend, Belgium.Leaders from seven European Union countries…
German chemicals group BASF on Thursday said it was working to exit energy business Wintershall Dea, with a stock market listing remaining the preferred option.CEO Martin Brudermueller also flagged a possible sale of the oil and gas producer to investors…
Norway's second-largest listed oil company Aker BP said on Thursday it was maintaining its outlook, and its quarterly dividend at $0.55 per share, despite reporting an on-year fall in quarterly operating profit. The company, partly owned by BP…
A new documentary produced by a consortium of public broadcasters in Sweden, Denmark, Finland and Norway has revealed what appears to be a profound threat to maritime and undersea energy and data infrastructure in the North Sea and the Baltic region…
SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies fueled demand for its oilfield services. Global crude prices averaged $81.24 a barrel in the January-March quarter, down nearly 20%…
Britain's High Court is expected to decide on Tuesday whether to grant Greenpeace permission to proceed with a challenge to the country's last oil and gas licensing round on climate grounds, the activist group said on Monday.Last year Britain…
UK-based union Unite said Friday that historic 48-hour strike action would hit platforms in the UK North Sea.Unite said that 1300 offshore workers would begin a 48-hour stoppage from Monday, April, 24, which will cause 'severe' problems for major oil and gas operators…
Torgeir Stordal has been appointed Director General of the Norwegian Petroleum Directorate (NPD). He has been filling the role since June of last year, and has now been appointed for a six-year term.Norwegian Minister of Petroleum and Energy…
The clear winner in the race to replace Russian oil at Europe's refineries is Norway's Johan Sverdrup crude, according to Refinitiv Eikon data and traders.Johan Sverdrup was launched in 2019, making it a relative newcomer compared to Russia's Urals grade…
The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft 'alliance' plan. The plan is set to be announced at a…
Energy ministers from European countries surrounding the North Sea are set to pledge to quadruple offshore wind energy capacity by the end of the decade as they aim to turn the region into an engine of renewable power. Seven European Union countries…
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